The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1894-01-20
UNIVERSAL DEPRESSION.

IL amusing and at the same time
commendable TO see how unflinchingly
aud periodically the local newspapers
throughout the whole country are up
holding their respective communities In
the present financsal distresses each vo-
cifcrously declaring that while times
NAV be hard that some consolation may
he derived from the fact that they are
not nearly so hard in that particular
community ms elsewhere. We have be-
fo-e rs pile of exchanges from all parts
II Idaho, Oregon. Washington, Nevada,
Utah, Colorado, Kansas, Nebraska and
Missouri, and each one OF them, while
toyertly OF openly admitting that times
are ducedly hard and not what they use
To be, is still able to unfurl some latter
rd remnant OF by-gone prosperity and
wave IL out over the poverty striker
people as an incentive for continued ex-
ertion, always assuring them they have
not reached the bottom yet; that there
Is "A brighter goal In the future, and
that over In some other community a
few hundred miles way the people are
an infinitely worse condition. Thus
IA is our misfortunes sometimes give
con srt to our neighbors, in round
about way. II takes these comparisons
to enable us 10 appreciate and enjoy
what we have left that is worthy Of be-
ing enjoyed. But do not these same
statements, taken as whole, unmasS a
cold, stern fact which there Is no getting
around, that the financial depression is
UNIVERSAL That times are hard every
where, with little or no difference, from
the Atlantic to the Pacific, from the
Gulf Of Mexico to the Lakes, poverty,
want and idleness greets the eye in every
direction which it may be turned Crop
failures and local disturbances have lit
tie or nothing TO do with this condition,
50 manifestly universal. In the Ian
euagc Of the sage; "Me thinks ! have
lived in some oden time and this is
he'll" Economy and persistent, unceas-
ing labor, alone, cannot effectually re-
move present conditions and permanent
~ establish the prosperity formerly en-
Ncd Ii was not through the lack OF
such influences on the part of individ'
uals that brought these conditions about
and only 10 a certain degree can they
Cree themselves. Everytime an articl,
ef consumption is dispense with, hands
tk.t h.,.a hna, an ea rod Ia ia rnanufac r.
ne are idle TO the extent of the loss Of
business and economy could be carried
10 such an extent that half the factories
in he land would be compelled to shut
down, paralyzing the market for farm
produce aud everything else, both al
lome and abroad. So IL is clear that
economy is not the correct route; 1t Is
two edged instrument that cuts both
ways, and to the injury Of all A ma
Son of stingy people are the most miser
able beings imaginable. What we need
more than anything else is more money
We do not require volume of ofiicia
statistics TO verify this claim II is a sell
evident fact which makes itself un
Pleasantly conspicuous in every bust
ness Transaction. and the only way 1,
make more money is to turn loose ant
make 1t out Of gold. silver, paper or an,
thing else which the sovereign people o
ihese United States may determine upon
and without the Intervention Of foreign
or native born money sharks. Thei
and not Till then will this universal Fl
nancial disturbance cease TO reign su
preme in fair America. More Nationa
bonds to draw in money already in cir
culation TO be paid out again in interes
will not help this matter a little Bit
Give MS money and the comforts whicl
II alone can purchase or give us death
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