The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1903-05-30

Tho weakest e4vsrmry o. eggro0t 70
iudi viAuailsa IL he iattsr-day trvse
Erpsrisacs ssght - brisg widen
With 10: bat there ~. bssise~ mes
Who cioss their sycs 70 The fsccs q
their swn reasoning and tAsk In tie
sa.ssins Of the prospectuA Crelutity
and cspiAity are the tws sisac.ts In
huna. nature which .trsas0uts tAs
preHotsr's paper int c~rrsacy. Con-
non ssnss shouid teach nsa that tAs
same serious work which nsds this
own business . success viii Do required
to mako the combination . sucoe@L
OF course thers arc combinations and
combinations A combination which
controls tho supply OF its raw resources
IL not In this reckoning; but this 10 .
variety which my be counted upoa the
fingers OF ono hand. IL 10 the ordinary
com binations which do not lend Thorn
selves to monopoly that arc under dis
cussion-and their name IL legion.
Probably in tho history Of the world
there has boon no such period A. has
marked tho past Ave years Even In
far away Manchuris trade has dubbed !;
Europe has been under the wand OF
some magician; and ~ far NJ tho
United States 10 concerned Aladdin has
rubbed his lamp overtime. The pro-
motor has blossomcd like tho roso and
money has been found to foster en-
tsrprises Of such prcposterous character
~ to stASssr ones imagination Cor
tain Conservative trades have seized
upon the fertility and iooseness OF the
soil 70 take . deeper root: bat tho
majority have run to surface vines.
SNOWY, bat Of such tendril % TO wither
at tho Rrst blast. Ono 10 going 10 live
tho other 10 going 10 die IL viii be-
comes ono 10 oroak, like q raven. at
tho golden shower; bat common sense
should toach ono that the weather must
change. The b&ss OF all this prosont
prosperity L. iron. and the greatest Cd
iron makers says that iron 10 sithcr
primes or . paupsr. Such has been its
history and such. IL II fair 10 presume.
viii continue to be its history. pro-
baby noe 90 marked In tbs futxrs ~
In tho past owing TO the existenoe o!
certain forces which exsrvtss a partial
control, such ~ tho Steel Corportion.
Bat sven tho Steel Corportion cannon
create consumption. IL 10 undoniabiy
true that one Of the great oauses Of tha
boom in production - been tho war;
Of tho past few years. They have been
remote and the majority OF people
haven't troubled about their cxistonoe
bat they have boon very costly AFFAIR
and have consumed much or the
worlds go0ns Tho Transvsal war wa
. mighty expensive thing and the
replacement Of material destroyed
meant work for thousands Ships with.
drawn from trade had TO DO replaced
br others and the great non products M
forces OF the army had 70 DO ted.
clothed. equipped and armed by the
labor Of others. The same Ia true OF
tho Spanish American war and III
attendant troop OF evils In the roient
and the same Ia true OF the interna
tional designes upon China But thu
wars are over. The ships are boinl
returned to commerce and the men u
the farm and factory. Already their
are portents Of return to norma
conditions. The railways are not a.
congested IA they were; freight Il
getting the right of way; the produc
ton Of coke is on speaking terms will
its consumption. and the prodigiou
increase in the world g ability to Great
} is fast overtaking the demand for pro
ducts. The let-up must come. Whel
II does come those enterprises which
have reason for their existence AM
which are solidly based will survive
but those of a fictitious foundation vii
! come down like all houses that ar
built upon the sands those men which
are over -capitalized will run rivers
water those men who have few IN
yestments and guard them closely vii
retain their gains but those VII
have put their money and not thei
time into combinations and who hay
dozen irons in the fire will I'm
their withers wrung. Marine Review
WORLDS WEALTH.
The total wealth Of the world
while not exactly known. has beef
estimated at $lOO 600, 600, 600, say
Gunton magazine This is probabl
A..