, 1879-08-07

fostorod 1t 80 long.
A MINIATURE PANIC.
It iH q pity TINT Congressman WnrdHr's
Committee could not have Ind "Adirondack
MunnAY's caso before them when they wore' :
in Chicago looking for tho cause Of hard
times. Thoy examined a numb,r OF phi
losophora IN this city who had different
theories, but none of. whom furnished The
resl oauso. afr. MunaAY's caro- would have
solved tho problem.' Ho was by occupation
a clergyman. Ho lea tho tslout mud the
rerrt to achieve SUCCESS in !ho calling lo had
chosen. Hc was good wrisor, an eloquent
tinker, mau Of fiuo appearance, populnr
nmong his got, and sensational enough to
.asonre hold upon almost any metropolitan
community. His RESOURCES woro broad
enough to command n steady income Of .
$4,000 or $40, 600 year, without my such
o1ertiop Us was likoly.t to impair his hoalsh
and such ani1lcome was amplo for man who,
us n Clergyman, was hnpposed to 1.-Two n moral,
quiet, and abstomiop4. life. Had Mr.. Nun
RAY beon contapt Wit, Ills profession md APP
piled himBolf to itiwitl reasonable energy,
there would havds been no panic in
~. MT T. Ill.,. -
~ oaao' ~ pat ~ 1hto"',' Wv 1ol "o" W.T., t1-
N -. s'e" @..,,:e,..n ' m eu1s,, ,
Hars s,'',pais ',' H. ~ st3,".a 1". .o n',s1s
t,.a,.-.ts a e1sauas -: 10 - s' "
;a,o~ ,',,. ~ ,,s.s xa.s,a@ ass ~ .s..,. u
Flo started farm tSe breed stock. Ho IN.
ventad n new buckboard wagon, organized
stock company for thu manufacture aud salo
.~.a,'s'l - y. ~. wv oen4-
Es' l,asss..;'.e -, 49, s,,a";.s ~ ,.,a lS
s ssa a..:' o 's 4Ass -. ~ -. 40 % 4"'onulon' nu
,".,,o,1 s,,ss,,;.a o.s., H. ;,"" =. ua' na'
f @ss01 $40 tuo'o ~ ~
n ''1,:. e ~. ae :,',-ss ,.s,s ~ .A' o1e.'o"4
rse' 'ls - ~ s0e"a'
,.....,.,' - ~, -. .a>,.,, e"' 49,. ros n,
..',. ~ ~ 49,. - ~
. "@s =. 'Ass, ~ w. M 0.os' 80 Lux,
v"e 49, ' H., ..',s. ~ oo.u nv
~ A", le'uoa ~ sao o>.lent' " sNi1e
sueehs "'oa p"lAs sG wheis l ~ naa no i"nus;
s "xaa;, M l., ~ w.. ,,sa " =. ~ ~. "sa' s.",~
~ ', "so =" ,''." ~ 1I'a"s ~ euo s"'f'n'
~. ~ A'4nse.t ~. " :, A"'"'as "en'"Aofo 80
uloo n'o A.s.s'o" ., AAN 'N"'4' ofos 'n0
oAPo"o'o - "'s t"'a.o.
Alf. MURRAY oase tel'S IL pss'o tue Whole
a1osy ol paalcs. as AiuAhAf ms peoh oct"
lns Tue past ~" years. 90 aoafiy oVofyhoay
W"s aet'he previous 10 tae phn'o OF 1ofo'
lno gfoea Tor "ealth ana ma'''a Tor spacu-
'at1oh 1astenea upon people III all cond't'ons
OF mo. Morohants' win good business
tnat earned thon m adequate incomt, sought
10 enlarRo 1t beyond their 'noan". Skilled
mocn"ncs ana salar'ea amployes grow rost-
I've unaaf tae restraint OF esateo 1hcome'
o'a .hVostoa t"elr earnings, aaa borrowed aa
1a"on hs tnoy coaiti ontain 70 'nVeat, IN homo
speculative ontefpr'ae. oloFgyanen. VINO
~eTe supposed to hold a'oot from worldly
considerations lawyers WIN. aa rnta, nra
good ousifa'Sa adylsers' but bsd operators on
Their own account; mon OF R1l protoas1ona,
who Woro impractical o''ta!ao OF tholr
aPee'a' stoales, oecame 'niected Will tue
absorbing aealre tot speedy gains. toal
estate waa the faVorlte Investment Every
ooay who could buy town lot or suburban
phtch OF ground upon part payment hoo"1ne
\ 1"naea proprietor IN namo and debtor III
'act' Ihe .armors followed IN the un''oraa'
cnrront, ana morteagsa their broad acres to
Greet handsome houaes and provide Other
improvements Which they could not aitort
lhoro was condition Of 'univorsal credit,
aad also condition OF universal dobs. Theso
"efo mo e'emonts OF tho Bonorn! pnnio Just
~ 'hoy "ofo the elements OF Aulfohdnck"