Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-09-17
ExTRAvAGANCE AND UNREST.

one Of the healthful signs of the
times is the warning against extrava-
gance that Is heard once In whlle
lust now. like a voice In the wider
ness. 1t is needed and should be
needed.
Cardinal Gibbons. just before leay-
ine for the Eucharist congress IN
Montreal. in an interview, spoke on
that subject. He said, in part:
The people believe" that they must
have automobiles, must go 10 me
theaters must have various xmas OF
engagements and must have many
things more or less expensive witnout
which their Fathers and grandfathers
eot along well enough and prospered'
This desire prevents II sensible conser-
vation OF the peoples resources
The New york Evening sun the
other day printed an excerpt from
letter written 10y a prominent New
Yorker, as follows:
THAT one reason for the unrest
existing in business circles mere ana
abroad "a the want of old fashioned
economy In habits OF living and the
unwilllngness by people of moderate
means TO do without things that
| "a previous generation did not attempt
| TO get. seems certain. The automopile
is blamed by many people for the ar
| hculty so many have In making ehus
| meet but the automobile is only a
SIGN. we know that both here ana
| elsewhere very many people nave
| Automobiles who did not attempt 10
| keen pony a few years ago out
| this only means that they are doml-
| mated by the sort Of spirit Whlcn
| IA
| constant weakened excursions. theatef-
| going and late suppers In big HNpen-
! sive restaurants seem necessary 10
| many people who cannot AFFORD them
| and who acted on the plain fact tina,
they could not afford them UP 10 ten
years ago. They must come PACK 20
| reality and must make both ends meet
The process will be painful one
and we shall hear every one blamed
| for the results of extravaganza except
| themselves. At all events, we
believe more people are refusing e
spend or enter on plans for spend
| inc until they see whore go get tbs
nancy. and the banks have been COM
nelled to direct the attention Of theii
customers 70 tho need OF this sort o
worldly wisdom"
The New York Commercial com
mentinr on this quotation. adds som"
thing on the european tiahANf
SAYS IL is enormously Increasing, an
particularly among those who are no
particularly well to do. II means
tremendous drain on private mean
and the natural sources OF trade an
business. not to mention the fact tina
millions Of dollars are left abroad. tn
paper believes dat duh trade an
slow collections are owing, in part
the European habit" and then adds;
"Now. the preaching of economy
| terribly commonplace and platitut
lnous: almost anybody can do IT, an
II is ant to be an awful bore TO ~
'preachee.' But when the banks fe
called upon TO do II. IL Is plain this
somethinR is wrong in the monel
spending habits of the people. a bar
1 hears the same relation To itE a.
positors and its customers that q
FAMILY musician does to his clientele
IL feels the pulse of business daily an
= hourly And IL II pretty apt 10 kno
\ 10 anything r. the matter with bus
= ness and, moreover. what IL is
y These are words Of wisdom. TT
1 extravasance OF this country is in pr
: norton to its enormous resourc
: ana generous opportunities within Il