Bisbee daily review., 1908-05-24

OuiS lrUp<I ultAu8 Oi luCOluOllVu< Doubtless our children will refuse 50 travel in anything short of flying ma chimes.
 This tendency toward luxury :s shown by reports from single town in the Central West early last year, when nearly every man of even very moderate means maintained an auto mobile at the expense of the butcher and grocer and other tradesulen, un- til collections became exceedingly slow-except in the motor supply and repair departments. Of course one cannot expect to find the liberal consumption of luxuries condemned by manufacturers of perfumery. pas the moral is obvious.
 There is announcement for the future, however. in the fact that these excesses merely absorbed the sup ply of liquid capital for time. and with the economy born q necessity, 1t will soon be possible to resume viborous progress in the right direc- ton. Speculative debauches and ov- erdoing of real estate booms all con tribute to the exhaustion of national vitality. but there is no evidence of organic disease. Moreover. the spirit Is not gone. and the patient warts to get we'll All over the country thme gre countless plans for new under takings as soon as the time is ripe, much work depending on further re auctions in wages or cost of material. Hut the revival is in sight. and a brisk movement only awaits th pro uitious moment.
 This brings us to the question ef how far will recovery 20 fhi3 year? About four months of 1908 have passed and distinct gains can be dis cerned, but the volume of business is still from 15 to 25 per cent. below last years. In this comparison 1t Is well to remember that activity was far beyond all precedent in the first half of 1907, and that it is not uecesr sary to go very far back in order to find conditions making much cos CT comparison.
 During the second four months of 190S there are three factors that call for consideration. Political nominat- ing conventions and the crops supply elements of great uncertainty, and the ssnal midsummer dnllness Of business may be p1ore pronounced than usual, although conservative purchases by dealers have kept stocks low, and replenishment may become necessary at unseasonably early dates
 The people may decide that politi- cal uncertainty ends with the nom'. hating conventions, or ca ttion may continue up to the day after election. but the ultimate result is assured. st may take a few months more than the optimist expects, but there is no doubt about the final resumption of reccrd-breaking railway earnings, bank exchanges, freight tonnage. foreign trade and all the statistical comparisons by which the prosperity of this wonderfully equipped nation is measured. Our mineral and agricul tural wealth is certainty, our man ufacturing processes cannot be sur passed anywhere in the world; our people ar not to be daunted by the most complicated engineering or ii nancial problems. We have an era so vast that our entire population of s7,00o, ,000 could be concentrated in sing e state of Texas, and each fami- ly of five persons wiuld have ten acres. An agricultural yield averag ing in value seven billion dollars yearly is secured without utilizing sll the available territory by any means, and the United States will not come to the centrated farming meth ods Of the Old World. for many gen erations. Even in the prsent period d readjustment there is little real suffering, the high prices of meat alone testifying to the fact that con sumption is not materially curtailed.
 Following out this line of thought we cannot fail to be impressed by the fact that no extended period can intervene before all previous records of commercial activity in the United States will be far eclipsed, and I will tell you that the signal for full sped ahead will be given in 1908 if you tell me that the crops and the election are coming out all right.