The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1894-04-18
HARD TIMES.
A Citizen Of CIoverport Expresses
Some Ideas as to What
Causes Them.
And Suggests Some Remedies That
Might Prove Beneficial If
Adopted.
THE comMoRwEAL CITIZEN.

CLovERPoRr, Ky. April ~, ls92.-News
Of distress in business and of labor trou-
bles now comes from almost all foreign
countries, as well as our own. What is
the cause of this situation, and why
does it extend over all the world, is a
question Of grave inquiry. The cause
ought to be traced out, and il il comes
from one common cause, as the Repub-
licans say it does, the world ought to
know it and hereafter avoid such a
calamitous situation.
1t ought now to be clear to all observ-
ing men that there is such an intimate
connection between nations in business
matters that the trade and labor systems
OF the one cannot be seriously effected
without injury to the other. The old
idea was that il one nation could Cypress
cripple and injure another, it, itself
would prosper the more thereby. But
economical writers showed to the world
that such doctrine was most absurd.
1t is stated, and it is true, that the
richer and more prosperous a nation is,
the better it is for its neighbors. This is
true because it has a larger surplus to
exchange for other products and its
wants are greater.
1t does not require profound thinker
to see that wealth in country is better
than pove rty and that it is more profta-
BILE to trade with a prosperous, active,
thrifty nation than with lazy, poverty
stricken one.
1t follows then that if we cannot trade
with other nations, they cannot trade
with us. And as we mutually depend,
in some degree on one another, bad
times in one will cause the same in the
other. If one man, for any cause, be-
comes so situated that he cannot buy,
and has nothing to sell he, as far as trade
is concerned, is at stand-still. II we
extend the same rule from one individual
to community, the effect will be the
same. And il we still extend it to ma
ton the rule will not change.
From this ii is evident that all civilized
commercial people are so dependent,
one upon the other, that a serious crisis
in one effects the other, and the wider
it extends, the more injurious the situa-
ton becomes.
For the last fifteen or twenty years
many European nations as we'll as the
United States, have done all they could,
in the way of law-making, to cause them
selves and their neigfbors injury. They
have tried by laws to restrict trade, and,
by onerous taxes, placed heavy burdens
on the products of labor. Under the
pretense of protecting labor, they have
limited the number OF those who pur-
chase the products Of labor, by placing
tax upon them. This rule has been
pursued in Germany, Holland, Italy
Spain and in some degree, in France,
and the same result has followed as with
us. IL seems high time that we were
following another rule.
II we cast aside all these restrictions
and leave trade to find its own channel,
and enterprise to pursue its own course,
we will escape many Of the troubles We
now have. Whenever we disturb the
natural order of things in this world, we
may expect abnormal conditions to fol-
low.
The idea that nation OF people can
find a home market for all they produce
is ridiculous.
They would not be any better off il
they did, and unless they can produce
more than the home market can consume
they win not be prosperous. II a farmer
or a mechanic can only produce what he
requires for his home consumption, and
has nothing to sell in order to buy what
others produce then he will remain
poor. But whenever he produces more
than he can consume, and has a surplus
besides for general markets, he is pros
porous. The same rule applies to ma
ton, and in the same way let US not
only make enough for home, but some
thingto exchange with other nations.
Remove the distractions that now
exist and exchange products with pros
porous nations and become rich. For
instance, level the tariff on the articles
that are consumed alike by the laboring
classes and the rich. Make one law
effecting one citizen equal 10 another, in
this world as 1t is in the next, and you
will not hear Of armies OF common-weal
tramps, tramping over the country. II
these persons would go home and try TO
produce something ~ eat and wear and
something TO sell, they would come
nearer revolutionizing the world and
nearer fulfilling the Office for which they
we're created. CITIZEN.
The more Chamberlain's Cough rem
sdy is used the better IT is liked. We
know OF no other remedy that always
s.ivao satiafacfion IN Ia oood when vou