Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1895-08-22

IIKGeZn- crops OF the year
I RGN 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
than that, we are to have splendid
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 harvests 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 communl-
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
a market for them at fair prices"
&. 1t was a Wall street man who said;
"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 a low rate Of in
terest with good security for almost
any undertaking that looks practical,
or even for the starting Of retail
grocery. 1t is money that makes the
mare 60, and when the capitalists
stand ready to she'll 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 It's 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 drug
in the market, so that 1t is sent to
Argentina, or to South Africa, or to
any other place that wants It,"
1t was a 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 a million year, ready to work
for anything they could get, and ac-
customed to lives Of abject poverty
it was useless to expect good times for
American mechanics or laborers. But
during the last two years immigration
has fallen away more than a half. II
is according to the government reports
that in the year 1892, $4,000 European
immigrants came to this country, or
about three times more than there
were last year, or than there will be
this year. This immense reduction Of
the number of foreign laborers arriv-
ing here within the past two years
means that there Is so much the less
competition in the labor market here,
and that the struggle between workmen
to get employment is not as rough this
summer as 1t would be If shiploads of
laborers were landed every day at Ellis
Island"
It was capitalist who said
"There Is no doubt that the liberation
of capital this year is a cause Of the
better times for the community. The
panic from which we are recovering
was panic Of capital. Capital must
be safe If 1t is to render public service.
There must be confidence In invest
ments, if money is to be literally in
vested. There cannot be prosperous
times for the farmer without good
crops, or for the laborer without en-
ployment, or for the commercial man
without large exchanges, or for the
shopkeeper without a brisk business,
or for the house owner without rents,
or for the capitalist without opportuni-
ties Of expanding his capital. In the
long run, we are all dependent upon
each others welfare 1t is a foolish
capitalist who expects to fatten upon
the misfortunes Of the community"
The reporter interviewed other par
ties as to the cause Of the better times;
but the various opinions here quoted
give a fair idea of the nature Of all
those that were obtained.
Pointer for CRnvassers.
Gentleman-Whyd do you always be-
gin to beg on the top floor instead Of