Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-09-16

From the Atlantic 20 the iGciho u
ia conceded that the turning roiut OF
the latest craze on flaacisl matters
has been assureIly n hgko z, nud that
every day adds 90 iao i,rspreesible
activities Of tho most favored nation OF
the earth.
That great people should be sal jet
to such alteration, should be the vic
Tins NJ scare asd panic, and that this
should include all ol,sscs anu pro-
fcssions, including every gride 81 iu.
tclhgenoe, Il suclya rhenonenoul L.
some sudden catastrophe h,d occurred
Ia tho nation, Destroying lArso per-.
ceut.go OF Ia creative population; v
calamity, such 90 frs, hal visited Is
seats Of consolidated Industry and
swept their factories ami warehouses
from tho face Of the Garth; u blight
had fallen ugOn IL cotton ields, 0ud
ita wheat and corn sections hsi been
wasted by drought; u the grim visage
q iumluc had teen seen throughout
this hitherto prolific land; or II p,ati.
loucc had invaded It's shores nui
dacimatUd listening millions, some ex.
cuSe OF apology might have bocl found
for what t0uay sppears TO be- an uu.
otlled-ior ana unurcessnry disturbance
VI TIE entire fabric OF society. Hut
the considering mind revcrls TO similar
experiences Of past years ana sees that
depression and uncertainty ns lglr
understandable MS that Of now have
Ugcn aud passJd away % this viii
speedily Ius', and query as Of old DO
fcgpid 10 tho cause thereof viii be-
made, yet with no more possibility Of
reply.
That the shfcwJ, dolibera'lvc, calcu.
labng section Of the people, mon on.
gagged ia weighing and estimating the
FesluJcts aud pr1Iucl8 " the globe Loo
their tuyeml Anos, ,houii brsu1luai to
any plu.c " uncertainty o. % causes
snI Effects, Stems iucomprcEcas.blr
from my STANDPOINT. Yet when iury
wavcr uui hesitate, when GrBnowl.
edged leaders and nG.tcrs exhibit icnr
nud arc untcnsolaIiy olJsc anu con.
| serva,lsu iu mAuuer ana method, need
We wonder chat the mass, uniuiumn.,
l follow iheif lead as tho q cb fglluRU
lUo ugi.we.hsf 10 u mouanil %. .
Tint tie s,mple-huhuci, udusiri. a..
! p.pJ'ago should make fuu on thor
savings bank Or other places VI deposit
DO nD, strange, when they eco the man
| o' many thousands, aud iuiurmrdlatu
frugal u.tz'u- 90 aud claim tucir little
from u hy0soI hank wrora Il wa.
dol them guoJ, ns we'll as lllus the
uaHE cut tlo public Sumo service
b,a.ur,. Nay, have We not DcaFI tua,
tBis withdrawal was done on islis.
cIous Irr,cNt, for ere many minute,
hoi elapsed the same funds ver
suugly laid Ia the private uor.rlrgu.
htiug Hfi Of the bank Erras, &C
| why? Aud "thu bank ncfoN the
Way" subject to similar calls. .ouuI
chat Iv deposits were being Withdrawn
quietly finding their way into the
| private vaults OF the other mrasumb.y
depicted bank; the Joint transaction.
being Performed with such lnuOcout
air that it was supposed Mother banE
Enow Of os suspected tina reflection on
l,- husUc.al suuudness, or on the value
oi it1 "uromlses to pay"
So, many depo.it9r has deprived
himself 70. the little interest lie WIS rr-
loylag because OF this contagious splut
OF fear uu.iae the aroused citizen who
hc1rIug 0i "a run" went and demand.
OF h.sllI,le saylngs-passbook Ia hand;
whom the "p1yiag teller" counted out
lNe precious coins the owuci's llps
parted oua hii eyes uulgei with aston
ishmeul as ho hlurtsd out, "If you
have my money! no want my money,
but ygu have not my money then
want ms money right now" no SELF.
Ing bis book Oho Visible emblcn OF
bio tnriig aud security he haat,ly
skunk islm tho view OF the astonlsheI
teller who, on recovering himself,
quietly reformed to IT, corner tbs re.
Jcc,ca GOLD!
Iuis acsiH; up OF tho circulating
medium m1kes dead money out Of t.e
living Article, lust ~ liielesg IN .acl A. II
I.wefo tuJlel In an old sLocsiug; aul
Cha. much Dc so laid away ia Sal, Lake
Guy fuugdly asserted, though ,stI.
mates msy dlHrr AZ 10 the amount
" Nu.HHe hundred thousand is thus
lH'i ,aIauunso OF Interest, II Orm-
qui.oau l.gW .u local activity os ps1..
p.,l'N aIlnoo b worth ton per CEN
rcranmmi ,ue intcyes. thereof would
Boo sW'.,.- .sht dJ!lara per day, or pu
qu.ys'nn.tl tho united labor 81 four,
''p wun two dollar each. For ur
yv's cd ,uree hundred and sixly-dve
aoy1 10 means a public less Of over ten