The Norfolk weekly news-journal. (Norfolk, Neb.) 1900-19??, 1907-04-26

to get the right action across n. Bo-
cause of this II ls proper for me to
state that II IL no secret among tho
lnymcn In the northwest that tho bank
crs represent the best there ls among
M IN business education and ability
ana social standing. why this IL
true In not important but that Il In
true gives you great opportunities and
places You under great responsibilities.
These are high, exciting, gratifying"
times that II IL right and proper for us
to enjoy and utilize to the utmost not
forgetting that the pendulum always
swings back that action IL equal to
reaction; that of the thousands of men
who go down in the vortex of bust
ness failure, more have suffered from
too much credit than too little.
Excessive bank credits and excess
sivc mortgage loans are like any other
overloaded weapons sure to result i'm
II discharge both ways at some time.
who has been famous for his good
who has been afmous for his good
fellowship, seemed splendid sailor
until the skies began to lower and the
storm to threaten when his craft some
times has found quick shelter in some
Canadian or other foreign port.
Nebraska is Prosperous.
Nebraska " in the midst of an UNI
usual and protractcd period of pros
porIty, her long haul rate To the east
crn scaboard permits her products to
compete with those of every com
munity through which they pass to
those markets; her prolific fields lying
adjacent to the arid Empire of the
Rocky mountains she finds there Il
natural market for her hay oats, corn,
etc, that so far has not been dis
turbCd by competitive rates so that
with more than ten years of booming
crops and top prices, we sail along
galIantly mmindful of the financial
storms of wall street that strip the
400 of hundreds of millions OF dollars
in a single wcCk-in fact while this
agony Is In progress, you loan your
farmer friend about any amount his
sweet Will suggests at SO, though the
Vnnderbits and their confreres, own
ers of the New York and Pennsylvania
Central railroads, sell 100 millions of
their three years SO notes at y of;
knowing which, we farmers take an
other hitch In our overals while we
reflect that tomorrow morning we will
grease their breakfast outlets with
our 80 cent bacon; titillate their pal
atcs with our 60 cent corn bread or
furnish sumptiOus steak at 30 cents
per.
We buy Massachusetts state bonds
for our school funds, our Omaha in
surance companies purchase New
York city bonds for long time invest
ments, and the withdrawal by you
gentlemen of your funds from the New
New York City banks for use in other
channels results there in a hurry call
ON Washington.
We are eycwitnesses to the fact
that under the magic wand of the
Goddess of Prosperity, luxuries have
become necessities-there are no lux
uries. We farmers have had our eyes
upon you gentlemen, and having the
price, we install heating plants and
bathrooms in our houses. enjoy tele-
phones and daily mail, have a plethora
of 4O-hOrses with automobiles likely
to become too common.
We kick little to be In fashion
about short haul and jobbing rates
but when we read in our papers of the
incipient brain storms among the 400
I'm New York city, of the high interest
rates paid by the millionaire compan-
les, we wire our regrets and kindly
draw over all panoply of good will
for future thrift thoughtfully contem-
plating If we are perhaps getting a
part of their profits in recently re-
duced express and passenger rates.
! thank you.