The Dickinson press., 1897-09-25

John Sherman was denounced on all
handa Samuel j. Tilden declared that
only q vast central reservoir Of coin
could protect us against the failure Of
the proposed return to specie payments
in 1879. The farmer was at his worst,
ruined, destroyed, eaten mp BY .taxesand
usury. Down almost to the very day u
resumption the croakipg came with dis
NAL and dalmnable iteration. Some capi-
talist even. proclaimed his readiness TO
give thousands and thousands Of dollars
to stand at the treasury first in the row
Of that vast multitude which would
surely assemble OF, the first resumption
day.
That very autumn, at the September
election, the state Of Maine, Mr.. Blaine's
own state, in q campaign under, his able
and skillful leadership, went over to
the fiat enemy, horse foot and dra-
goons, changing a majority Of ~ 900
for sound money to q majority q: a.
600 In favor Of the widest carnival IT
unreason that ever overwhelmed An In.
telligent people. When the LIST Of Janu-
ary came, no crowds thronged the sub.
treasury corridors Hardly . greenback
was presented, and we got back to the
currency Of the world without q move.
ment or a jar.
Tho Prosperity Of 1897.
% From that moment prosperity began; s
not the eternal prosperity of tie New
Jerusalem, but an earthly prosperity,
enduring as long IA human nature
would permit. New York Central was
112 and went to 100; Northwest COM
mon rose from 60 to o.. the. .preferred
from IS to 1914; st. Paul from 40 to;79,
the preferred from Sc to 100, and all
the rest Of them In like proportion. OF
course the Greenback leaders explained
that this s!sallstemporary beceueeIhoj
real prosperity could come without
greenbacks. Nevertheless the world;
went on. There was no 1anktt Il money
because we had business which paid,
and whenever q nation has business
which pays 1t can draw on the money
Of the whole world. j 70
How like this are the events Of the
last IL monthsl Prior to the passage Of
the tariff act we had scenes like those
which proceeded the frst2d alSElstp { s1S77a..
Thsdo6erers d: The pate1naltftsmrissddylSttooodd
by andsjeared- They Observation-Disclosures l;
ours-fear came, butswhensltt lhIHRaadnsI l1GSsgiiblrs
lation3 had; been had and tahi&11nl wasaa4t III,
further changefto be- Hooked
when business had xe6chedsits sound
basis and there was a reasonable chance
to calculate the future, there came q
repetition Of the phenomena Of 1879. -,
Stocks have gone, up, not because
gamblers have played, but because men's
minds have changed and the wlhstolefna-
tion takes utterly different views Of the
future. A stock which is worth 40
when everything seems On the down
slope easily becomes worth 80 when
people feel that we are ON the up grade.
When you are going down into the
dark, nobody, knows how, far down you
may 60 and when you go up into tbs
annlight nobody can tell how Tar up
you may go. Fear increases the I'LL;
hope increases the rise. .ss4, \. .;.,.s -.
What makes rgesplatY, and what
makes hard timesll IA \ Y - ~ E4 A., e.
Way down at I'll, e. base .,ese Il things IN the
1capses may be different each time and
perhaps &incomprehensibie, but on the
surface they are both only the results
Of states Of mind. 80 so 70"
A Nations Prosperity Defined. =.
What is prosperity for a nation5
It is to have all its people at work.
When all the people are at work. the
nation tis adding ITO ia, wealth allsthAtt
is possible In its daysandr ~RaueEsttdn.
New Inventions might have mdisdde IL
more, but for each yeere the Labor 81
each nationtis the Jun II that years
creation Of wealth.
What makes men work.
Their own mental condition. In the
old savage state when the man made
up his mind to work he could 60 intou
the forest, and, by the stream alone and
his wigMam, had fab and 6eGh and
fowl and blankets and scalpSi ana other
necessaries Of life, but modern life ID
not 80 simple. Civilization IL oompli-
Gated beyond all hope Of unraveling.
For the most part, all you can do IL To
let It unrayal lt1a knot which must
unite itself. No sword, even ofsAleaans
der, can cut; IT.
All modern making Of things requires
the union Of manymen. The prosperity
Of modern society demands q dmulta.
neous action of all When thatsoomes,
fsyerything comea After q great smash
Ike that Of 1898 or that Of 1878 there
is nothing to do but wait and. let the
buainess Of the world settle itaelf, care
fully keeping meanwhile the medicine
men Of finance, with their feathers and
Il rattles, out Of the way Of the sick man.
When public confidence is profoundly
4: shaken. 1t mnst re-estabtuh dtSeI1.s5s!n
has been shaken by causes and thosl
filcauses must be removed.
Mem and nations and the whole cdv.
ilized part Of the race 60 from one q:
.lkeme to another: These Gternatioui
seem as necessary - the ebb and dow
! lot the tides of the ocean. When tn
fipdnaB pf' The world dgeet inAaksd q
certain periods, It will 90 too far, and
. then there must be . settlement i
must be settled who owns the property
and until that 10 established nothinf
else can be done. Those who nominally
own property resist this. They hop
H some miracle will help Then after set
Element Il any hvs,beo&eemednptan
.5}frt they must beradsed Or there Whit
further delay. Some false starts may b,
taken, like that to which the venesue
Ian wa cloud gave such . chilling most
~ HSsli1ssl kisIsasey.
IS.Dsk Anilly, yhes, an Aings a,
NEUTRALITY-SUSPICIOUS. kAppenswhidl
&sySleps. tAaf9lot. taaet oonAdanA ha9n