Elmore County Republican. [volume] (Mountain Home, Idaho) 1910-1915, 1910-09-24
SENSELESS LACK
OF CONFIDENCE.
Sees No Cause Why Business Men
Should Hesitate, Just At This Time,
To Engage In New Enterprises.

b.
st. Paul, Mimi Sept 2l-James r
i'm, the Empire Builder" the ia.
ther OF the Northwest cannot see
why the business men OF the countrv
smould at present fear to engage In
new enterprises, nor can he see any
reason whatever for the semi.n
alysis which is generally creepine
over the Uuited States.
Il ~ s only a senseless lack OF conf.
"A dence said Mr.. Hill, in an interview
4 And why this lack of confidenoa9
Some man, somewhere, has grown
tlmld over something or other. and
has cried boo at his neiphhor
ILLS neighbor probably Jumped and
1.-THE next fellow took fright without
knowing why he was frightened. And
\ SO on.
us Just like flock of sheen. If
one starts to run, every sheep in the
lnre VIII follow, even if they die for
it.
Burlng this big National eonserva.
tlon congress we have talked about
lccnserving water and conserving land
fSonserving coal and conserving iron;
ats too bad somebody didn't say a
/ word about conserving common, sense
That's What this country needs
right now, to conserve common sense
| nhere's an article by Col. Georga
Harvey in the September North Amel
Flcan Review dealing with the Con1
. rYation of Common Sense that wei |
Illustrates the business condition oil
this country right now and gives as
the panacea for the business paray
5is, the suggestion that our business
nien use a little common sense--just
Binary sound. common sense.
Wish business men everywhere wbullL
take that advice.
n can see no reason for the fears
which seem to possess our business
men. have preached return to the
farm policy for years and expect to
continue to do SO; but that's no
reason for fear on the part of business
Money and business are. of course
very careful and it is right that they
should be, but not to the extent of
cutting off. their noses to spite their
faces. Especially when il is so un.
necessary and they need the noses,
TOO.
Here's little excerpt which, to
my mind bears down hard and strikes
at the core OF our present ills:
In the disestablishment Of credit |
we find the most obvious cause of the
depression. The link that
connects labor with capital is not
broken, but We may not deny that it |
is less cohesive than it should be or
than conditions warrant Financially
the country is stronger than ever be-
fore in its history. Recovery from a I
panic SO severe as that of three yeals
ago was never before so prompt and /
complete. The masses
are practically free from debt. Money
is held by the banks in abundance
and rates are low.
Why does Capital'pa
threshold of investment? The ans
wer we believe to be plain. It await
adjustment of the relations of goyerr-
ment 10 business. Such at any rate,
IS the plea, and pressure Is constant
y brought to bear upon executives
Ind courts to make haste--haste which
n our Judgment. wouh result in
ess speed. Great complications grow
ng out of nightly changed condi-
ions call for the most serious con-
'ideration. To settle grave ques-
Ion offhand is only to invite disaster.
Setter not settle it at all until a reas
'onable certainty can be felt that ii
an be settled right stability is
'yer Capitals primary requirement.
'ut the adjustment which it now de-
nands cannot be effected in a month
II year and never can or should be
omplete. Elasticity Is the prime re-
% changes essential to de-
elopment.
But Capital is notoriously timid.
n the present instance too, 1t is abb
olutely foolish. No decision of any
ourt can permanently impair any So
allied vested interest. Confiscation
; undreamed of, as compared with II
My a few years ago. The dsinte- I
ration Of properties does not involve /
1eir destruction. Moreover. the sharp Z
evolt against all combinations d
nose that achieve great good no less /
ran those that work injury-is clear. /
! yielding to study and reason. No 1