Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1893-10-06
How to Prosper.


ton for the future (in this world), in
which the writer shows that benefit
may be derived from our deepest Attic
tons. 1t takes the very tenable
ground that, while the panic is over
and business is reviying from the
shock received 10y universal prostra-
ton, complete recovery will be slow,
and the effects will be felt for several
months yet to pass. This will be
owing to the severe lesson taught and
the conservatism it will produce in
business centers, which controls trade
in all it's tributaries. Experience OF
the past year has shown that reckless
ness OF expenditure, for public or
/ private objects, is not safe, and when a
prolonged season OF depression has
come, many who have expended their
means in speculative enterprises, are
caught in the whirlpools, which begin
their dizzy motion soon as the currents
OF trade are diverted from their smooth
and peaceful channels. Enforced
economy OF the present time should
not be forgotten when business as
sumes its normal condition.
And now is good time to lay the
foundations for prosperity, and the
admonition is to place them SO deep
that they may withstand future
storms. Large factories, giving en-
ployment to many men are an excel
lent basis for prosperity, but several
small ones aggregating the same num-
Der OF employees, are much better
foundation for permanent growth, mas
much as they develop more independ-
ent means OF support to labor. The
suspension of big mill throws hun.
dreds out of employment, and is a
contingency that may happen at any
time from the fluctuations of trade,
while the many smaller enterprises,
which, probably, in the aggregate,
represent less investment of capital,
may maintain business independently
OF each other, and the failure of one,
two or dozen would have no possible
effect upon the others.
Besides this, as stated by our
contemporary, the establishment of
glass works would Immediately sup-
gest pickles and preserves" and
there are all sorts OF products indigo
nous to the soil that may be profitably
placed on the markets in bottles
and jars. The many prune orchards
that are planted and the hundreds of
Others under contemplation, would
make employment for the dryer and
wood-chopper, to say nothing of the
flax to be raised for making sacks for
shipment. The establishment of a
cannery to put up sardines, oysters
and clam chowder, which have a
worldwide market, calls to mind that
berries. fruits and vegetables are
wasted every season for the want of
somebody to make the cans and seal
them for just as ready and extensive
market. The cultivation of cranber-
ries and the establishment of the
pickle works, would give employment
to the cooper in making barrels, casks
and firkins; and the manufacture OF
these articles would be an aid to the
creamery, for which the wind.work"
has already been done.
There is no reason why hundred
o! these resources might not be de-
developed with profit in and about
this city, and they would constitute
the most reliable safeguard against
the depression we all feel when Hard
Times comes knocking at de door,"
Is it lack of means, or knowledge, or
inclination, that they are not started?
~