Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1885-07-01
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teAAh-A8 y - $50 A-N-A4-AAAAM8
The scfnzsaniesksoes pabsishfd Of isss
In ahs Posz-fExnxzf1zBcxB pp0n toe
iyaaEsion Of the eenss ef sne prevalent
4 hagrd iimesLs and your own snGn2ry
~ The waFt0us vieus given 90 tie sab
.Ises. are Interesting eootrIoosfoos IN
lteRIEd 70 tbs problem which enzaRes
THE attention 0f the peopis sssryshefe.
and bsfd = tue stteDpes ct sosataan OF
ne THINKER and tie pra stiest vJxksr-
Il 10 nae likely THAI many eau-ea have
ippsr4sed % bring Ab0at tbs pseseut
ibusEness dspreessou3 TIE funcfsonsl
iscsiwsfiss Of e8zmmuuities, fiks taoss OF
individuals, are affected By many iB6u
,sness; Eud, In case Of dsEanReEasnf Of
lthstT foHees, tt h NOT always ssss 70
trate ~ distfnct znd pfedoDinasine
soutce.
yFrona rsistions between capital and
labor, between Fich corporations and
TIE people. too mueh coinage 81 silver,
sod the continued circulation In ths
z ael OF small denominaEi1ns 70 pager
money, have sll led 70 mischieycos con
y qnenass.
Il i true that shs presens Depression
iH ordinary business aid commercial
aetiyftiea 3. sad 70 Be world vidt; 6ot
thia fact doss nst mintste against an =
explanation which may apply especially
10 COR own coansSy of 80 parts OF 10;
neiihsr ID IL opposed 70 tbe spplict
non Of Iessona which 90 HDooId take
10 heart as tbs teaching Of adversely;
not 20 cor efforts toward the auendrssnt
Of PRESENT evils.
Clos sodres Of fnaneiaI tro1bis b
found Ia the diapo-itIon 20 specuiste
gpash ID manifested by many Of our
pecspie both east and west. SPeenls
tl0is 10 TIE i'm lainaFy values OF sfsck
in srAiu, oil and mines has not only
biiKhtsd The business career OF MACY q
pfsmiainR ysung man, but h has m
Inred the popular estimate OF busine =
pyineiples and standards. 10 has had
in M any places the influence OF eonta
giau Rpon the eo0munity, tsmptine
psfple - think ID g tbs moderate gains
OF Ihe1f work OF invested capital VS.
not enoaso; it must ~ invested 70 nal-
tsoly Itself isnus diately. Soch gains
caElnos bs reallz d oy many upon . snrs
bans. II enc could Only prO1t by .
single error, IL would not be 90 bed;
but eeusraiIy the riak run carries witt
10 destination 10 prOportf0n 90 the
amount stsked, hke the charm which
rulss and rutus men IN the kindred
oesnpsiisas Of lottery schemes and
gambling.
Az nassan ws have grown 20 fast
IN numt,srs; the resources OF oar soil
ana miuural wealth have been 20 rapidly
6euel0pess; vaines ara made asd renewed
90 fast, and tbs iaxuries of life 20 com
mculy enfoyed, IL ID not altogether
strange thai ue should have exseger-
ated ideas OF oar capacity for unIuter-
ruptsd money .makine. The love Of
p,easnFe and os large business proflfs ID
nps 10 tarn the. misd and heart from a
true appreciation of the blessings Of
versity.w Energy and enterprise may
cafry rs too far unless balanced by wis-
dom ard indemeat. II W move fast
tJuard increased material prosperity,
There msist b occasional reaetion IN the
dirsctioa Of dseilne.
Perhaps none have suffered 90 much
Of lats as thoss Who rely upon their own
msnual labor, and largely throngh the
fanlt Of others, IL may be. Yes thts
class cannot De considered exempt from
responsibility 10 the matter. Many Of
thssn are regardless OF the faculties Of
ECONOMY and forecast. In prosperous
seasons they spend, often IN wsste and
extr4yaaance, ~ fast as they earn. 90
shAt when throsn ont Of work they
have no accumulation Of resources TO
carry them through dull or hard tiuBes.
Oapitaliilts also suder, and, In part
from ihe lack Of high sense Of their
sponsiloiiitiss In the use Of m0neyed
polrer.
1hs exercise Of power involves re-
spansibiaity. whethar 10 be In she use OF
oaiside material forces or thoss OF indi-
vtdnal endowment. A larger and more
abiding senss Of this responsibility is
sssded 10 ell the relate ni OF business
anf-of private life. With 10 there we1ld
be- lsss frsqasnt disturbance in our IN
VOWED tIuaineas aud aaahcial relations.
and less complaint If the pressure Of
hard tiraes, 30 long 90 The earth seems
siih its present boantiful harvest fields
aud latent wealth d. ID.
sKArTizz. Jabe 26th, 1854