Blackfoot news. (Blackfoot, Idaho) 1891-1902, 1895-10-19

4 HN will be big. and can
be marketed more
advantageously to the farmer than they
were last year. When the farmers are
prosperous everybody is prosperous. for
the reason that they spend nearly all
that they take in, and buy all kinds of
goods and implements according to
their means. Look at our abundant
crops of all varieties of fruits: but. more
crops of grain and corn, and, more yet,
we are to have heavy cotton crop,
besides good crops of sugar. rice. and
tobacco. 1t is the haryests that tell in
this exporting country; they put money
in circulation; they enable the pro-
ducers to hire labor and pay it well;
they promote business activity; they
enliven the manufacturing industries;
they raise the spirits of the communi
ty; they help people to build better
houses, and they make men feel more
liberal all around. Everything depends
upon the crops, that is. when there is
market for them at fair prices"
IL vas q w ali StlCGN AAAeAA VIM oNAA0s
IF times are better it is because money
is abundant and investments are large.
Men of means are investing heavily
this year in everything that promises
a profit, because they feel more con-
fidence than they felt last year or the
year before. They are putting out their
money more freely. They are buying
real estate, building houses and stores
and mills, going into all sorts Of bust
ness enterprises, into inventions. and
machinery, and factories, and coal, and
crops, and all sorts of things. You can
| borrow money now at low rate Of in
terest with good security for almost
| any undertaking that looks practical,
\ or even for the starting Of a retail
| grocery. 1t is money that makes the
\ mare go, and when the capitalists
| stand ready to shell out on business
/ principles the times grow better. There
| have been millions invested this year
in electrical novelties and trolleys and
/ bicycles and patented articles, and
\ millions have been sent TO the South
for investment in cotton factories.
| There will be no trouble about the pros
| perity Of the country so long as its cap
italists can possess that confidence
upon which all the public interests
are dependent. We can also borrow
millions of capital upon easy terms
from England, where money is a drug
in the market, so that it is sent to
Argentina, or to South Africa, or to
any other place that wants IT,"
1t was politician who said that
times were better because OF one thing.
and another who said they were better
because of something entirely different.
1t was a thoughtful carpenter who
said: In my opinion the better times
that have come to the working people
are due, in great part, to something
that nobody has thought of, and that Is
the heavy falling off in alien immigra-
ton. So long as poor people came here
from Europe year after year at the rate
of half million year, ready to work
for anything they could get, and ac-
customed to lives OF abject poverty
1t was useless to expect good times fol-
; American mechanics or laborers. But
during the last two years immigration
has fallen away more than half. Il
is according to the government reports
that in the year 1892, 623 900 European
immigrants came to this country, oil
about three times more than there
were last year, or than there will b.
this year. This immense reduction o
the number Of foreign laborers arriv
ing here within the past two year!
means that there is so much the lesl
competition in the labor market here
and that the struggle between workmel
to get employment Is not as rough thi
summer as 1t would be IL shlploads o
, laborers were landed every day at Eli
Island"
1t was a capitalist who said
!, There is no doubt that the liberation
OF capital this year Is cause of tn
I better times for the community. TIL
panic from which we are recoverint
: was panic Of capital. Capital mus
be safe IL 1t Is to render public service
There must be confidence ia invest
ments, il money is to be literally in
!. vested. There cannot be prosperou
+, times for the farmer without goo,
crops, or for the laborer without EN-
ployment, or for the commercial maj
without large exchanges, or for tn
shopkeeper without a brisk business
or for the house owner without rents
!, or for the capitalist without opportuni
!. ties Of expanding his capital. In tn
long run, we are all dependent upol
each others welfare. 1t is a foolisl
, capitalist who expects to fatten upol
!, the misfortunes of the community"
: The reporter interviewed other par
: ties as to the cause of the better times
: but the various opinions here quote,
= give fair idea of the nature of al
!, those that were obtained.