, 1877-07-06
NATIONAL PROSPERITY.
David a. Wells Considers How Wo
Nay Become and Continue
Prosperous.
ne Must Create New Wants, Find Moro
Avenues for Trade, and Employ
Our I.nborers4

u l
and which. IN times like The present, can hardly
fall to BE- read With deep tnteFcst-thc moro deep
ecauee In tho vesy formation o( iis title tho author
speAks word of hope snd encoufagcmcnk Af.
Wells docs not dtsmhlly ask: 'Wt1l or shall Tho
nstton again prospect" but ''1low ehal tho nation
question u not attIetly nnnwcred 1t IL shown TINT
ii can be answered. 1o begins by setting right Tho
people Of the United States, who ho says aro |
'.moto inclined to deceive themselves" In |
this matte. than others In their Ideas re. |
speet1ug The Fundamental principles Of politics,
sbundaDcc, 10 labor. saJs tho wsitcs: "AIi !
wealth e.pF + az sa ss.n
.'thc actual results Of labor cannot he varied BY
varying a. nnla Of and d employed M tp
ion; tbe deductions follow: ,,,
III labor i tho soases Of all H. wealth, i labor
~ sse sqna
greatest natural resources. which commands tho
most energetic and intelligent labor: which avale
mnchinery md processes. which has the hest and
cheaDoat facilities for inter. Communication. and
olef co,.ntr'er, uught to proInce thu nost fof ic
s Il k,ven nRh nay to
Arst place In tho race for in1nstsal and n, TSmmss
s,a supremacy amonx shc Malone nc4t az
o"i Passing now now from premise to conclusion, from
e9unt.v Vii bs foand 10 bo ~ foiowa Every
sectiou Oiled to ovcraowing with IT, peculiar uss.
is..e ist 81 ths -od: eoth!ns VT .it5
a Grain te h Wt eoa .pm1ef sn% n ana
NV Yo1k nd New england with textile aud ether
manu{acturcs, and ascryWhcre labor ready % aug
e or aeh
oil the world ought to come to tue United stAtes 70
Iay, o., what e tIe same tl4ing, e1shanse lus
to INV but, TOR great variety Of products Which
wo specially want 70 sell md .he world sOeeially
wants to consume, turns away and buys elsewhere;
@ @stonssoa. ,so ans ~ IL 1d.s
abundance there u no demand TOT or M
maehincry 1 employed In production cease % md
employment for further production Hence
ssnHea cease to tc earned and paid snd tho aborcf
IN word, tho writer next shows that, taking the
"ad p1oduesion oi srtieer nescs.?, ae.zbc,
and TINT the Lack Of demand can only be explained
9n n.sea aes tasaFs ehs, shs ena peoa come
H. :: q: iHfs i az e. H.
WA An 'mpoftant faster l. tsis pf16!sm ot inaei].
.and ons which ha. not lithsio received t,e atten:
zion Il. inheritance entities T. to srows a. at Of o.
ni ea',fr pfsaeton !" lss Which s,a:on las jul
n,pac nna which, although affecting tn greater
degree s iMSstral condition q al soun ars
1cmn:rNaSjy 1eTr: in tne EnitcI states thsn else.
where" Striking i'lusttasions Of ut w.. state.
ssess ssss's cotton sa'{,i 81 an
;asssG'ea ;fss, A,soetasioa sS by r William <. nsEe
Lowell, Mn.A, and founded upon tls rscSrds 4 o
Che Of ono ., ,e H9 T The n In
f,ortant fact brought ont In this snalyss ta thh
noty opera.es men and 70 womsnl ~ a snSaGsa . ,s n y.
NinFtnChueatta produced regularly In 1870, wilt
s,stesa md h.lf hours less labor per week, NOR
ssy SR nc T. ys ssnS ssS IL
in 19 , .an 70 iSt 2t opsta,aIS: HSaS TG19tn e
n monufacturc of hoots and ehncs, three men work
ing with machinery can d. At present wtah ~ psa
s tnoss and md shoes in tho United States has prSbab1
been more uniform during tho samo pi. psriod than
foregoing statement but" saJa thS a;,,, w,.e'
feststion @ 4 IN the ua.ted sta.er, md i : f. II
iuanttcstalon that attention IL now specially ~ *
ast: ,R s1Ss t1sn 3eas u asqa' n o sol
drawing from the rankh of those saGagea d " 4.
culture. mechanic 1ta vtc nse =, shnn s.. NF'h 209
an a'a 'Ss mainly tEsSash ths "a
nnI . minimue, u IN tho North. and Tho south With
opul.uea q - @ @ nawsr Ia slouxh III
tnuru,ous advance In the price Of NV cotton, ~
5ul productive powss OF no county Goa,nIoa ti"s
IN osee.sso q !tredsa9'1tn,S, ts, en,5oss
and . high tatin, undo, thy !oht innnen ny =
aayar.aes 2. nue. Induced " VA, '.Sor
ior He production sad disi'lnneon o. Rfoo"s o rn
ct Tho s resalt wani has Saen
ti;o operation Of auatusal law, and "tho :. asX
1udastsial disturbance ha" a. lust eoI5s;
0usstIun before thB country to-day 70. ny ~
lo+ition ID 4 proposed 70 mako oi r. ,aeos ~ ~
msthoda Of baancaA Lavo now, for thS arst si!
and under existing eonaitoa'' maui uan''e'
Putting a.ldc for tho pfcIent . eoneidctatioon
the nats benefit e BE- sftaea fD. rVun
huulap labus," which 70 tho l9nE t9h t eolnai
tAeulaclye. 70 all men, " Gues9n snJ srn
are happentug ln the adjustment " labor ana e. g.
I'll . 6s now eond!lonss H., ss st1S besn no 1w eoa!
IN which map. through industry ana ,t ee4en, !,
could % rapidly and easily rhlhe himsalt u