Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1908-02-07

the souls ecstatic cry,-''Thank God for
Life"
Sarah D. Hobart in Harper's Bazaar
-O.s-o-
Be of Good Cheer
A Message to Timid Laymen.
1t is incumbent upon everyone not in
the clutches of poverty that deprives
of food and shelter to be deliberately
cheerful in this time of general depression.
and thus help to return of normal con-
ditions. For men and women to repeat
to one another that times are bad not
only contributes nothing to the improve
ment of conditions but actually retards
recovery, since it helps to spread the
spirit of encouragement and tends to
check any impulse to carry on operations
in the confident manner of easy times.
Instead of persistently wailing over such
facts as that 100000 foreign laborers.
mostly Italians, have migrated from
here because some lines of work have
been discontinued: that the number of
poor persons needing aid this winter IS
four times that of other years. and 9TH
er gloomy truths, why not look at the
situation from a broader point of view
to include as well its hopeful elements?
In this country we have, for example.
abundant crops, and there is practically
ucts, which was one of the main causes
of earlier panics. Our export trade is in
a healthy condition-indeed never so
prosperous-and our financial institu-
tions, with very few exceptions, have
successfully withstood most unneces-
sary, sudden and tremendous runs. Ma
tional banks have reported in many in
stances an excess of the required re-
serve, and some of them have declared
unusually large dividends for their stock
holders. Pennsylvania mines that were
closed for several weeks have recently
reopened, this action affecting the large
army of $4,000 workmen. The savings
banks in Greater New York report light
Withdrawals and heavy deposits, show
ing a recovery from anxiety. So pros
porous were the mills in the eastern
states in 1907 that despite the autumn
panic they have paid dividends respec-
lively of sc per cent, 40 per cent, 3S12
per cent and 81 per cent, the average in
that section of Massachusetts having
been 1878. which is the highest yet at
tanned. Even though one does not indi-
vidually receive any of this money, it
must be of general benefit because it is
put into circulation, or reinvested, and
by so much helps to relieve the present
condition of depression. How many
readers know that the total amount paid
to investors in interest and dividends on
January /, 1908, was nearly $20O,00O,-
900? The encouragin facts here noted
are only a few of those that may be
discovered by any who will look for
them, and the financial reports make for
hopefulness because they may be accept
ed as proof that our captains of industry
and our tinanciers have not been playing
ducks and brakes with the money of in
vestors and depositors. Neither are
they malefactors but rather benefactors
IN that by their industry, energy, ability
and enterprise they create values where
none existed and share with investors
the reward they reap.
Let US no longer reiterate that times
are bad, but rather insist on the more
hopeful prophecy that good times will
return. and thus soon contribute, to this
storing the confidence that is the foun-
dation of prosperity.-Vogue.
-o+'o-
Contrasts of Faith.
Through all the ages two spirits have
been opposed-trust and fear. The first
Roman father who decided to loosen his
unquestioned right to sell or kill his wife.
or his adult and powerful son, must have
aroused horror among his neighbors Tor
this assault on the sacred unity of the
family. Later, to traverse the duty OF
unquestloning obedience to the LORD
anonted was an attack upon morality
and order. When a tendency toward
democratic government showed its head.
many and educated and powerful were
those who foresaw at the worst anarchy,
at the best "a lubberland of comfortable
farmers" Each regime is at the time by
the majority believed to be divlnely APP
pointed, with its roots in human nature
very structure. Now we personally are