The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1919-11-14

There was another panic, Twelve
years ago, and when it was over an
other rise in prices which has not yet
st0pped. but when it does prices VIII
never fall to the level of 1906, of 1886,
of 1856 nor 1906. So much for Mr..
Stuart's assurance of history.
Mr.. Stuart says trucks can't COM
pete with railroads. They are COM
letting with them and cooperating
with them all over those states which
have good roads. If Mr.. Stuart will
consult any well-pOsted railroad man
he will find that even in Florida with
its bad roads the automobile has more
tran cut local railway passenger
traffic in half What has become of
the people who crowded No. 8, at sos |
Z. m. to go to their homes around
Lake Weir? They go now at A o'clock
j., their cars to the doors of their |
houses, some of them two or three
rifles from the station. And they
want better roads and are willing to |
pay for them.
Mr. Martin and some others fear
that the road work will take away |
our laboring class. 1t is more likely |
to bring some of it back. How does
he expect a man who can't obtain
high wages in Marion county to stay,
when he can go in a few hours to
county that is building roads and be
p2id twice what he can get at home?
Mr.. Stuart seems to labor under
the same delusion about banks that
Coin Harvey did. He says:
"a friend said things are better now
than they have been for long time.
He must have had sugar in his coffee
that morning. q didn't.) He said that
| the banks were never so full of de-
posits. Why this is proof people are
not investing the money. The CAPT.
taIists can afford to support the bond
| issue. 1t will be a bonanza. They
can buy the 5 per cent. bonds with
their 5O-cent dollars and get paid off
in 10O-cent dollars and they are sure
of their interest for it has to be paid"
! Neither Mr.. Stuart nor his friend
know how much money there is in the
banks. But they may be sure of one
thing, that a large proportion of
what money there is is working, or
the banks would go bust. A bank is
not merely a strong box; it is an in
, stitution for promoting business. 1t
; takes care of your money, but it has
to use your money or it couldn't keep
: up the establishment necessary to
: take care of it. The first bankers
were men who kept sort of prim-
tive safety deposit system. They took
) care of a mans money, but they
charged him a per cent for doing so.
And tho that was a thousand years
| ago, some people have never got out
1 Of that idea of bank. The proof that
2 people are investing money is all
= around Mr.. Stuart. Everywhere he
/ goes, he can see people spending
/ money That the capitalists can af-
| ford to support bond issue in an un-
= prosperous community is a ridiculous
= idea They can't and they won't. An
r other fallacy of Mr.. Stuart's is those
1 fifty cent dollars. Mr.. Stuart's dollar
e may only buy him SO cents of what
7 he could buy five or six years ago.
/ But if he deposits a dollar in the bank
I today, the bank must pay him back a
t dollar on demand tomorrow or next
7 year or any year in the future. If we
had a large sum of money that we did
5 rot need, we would put it in the bank.
So we could have it to use when it
= would buy more. If our dollars were
t only fifty cent dollars now. that would
c not help the bank. The bank would
/ have to pay US back in dollar dollars
r when it paid. two, five or ten years
from now.
= Has it ever occurred to any anti
| bondites that of the 81 100000 to be
= paid for bonds that great deal of it
= will be paid out right here in our own
D county, and hadn't we better pay it
v to our own men than to men who will
2 go every Saturday night to their
L homes in another county?
Mr.. Martin is correct i'm his COM
| parison between Marion and Lake
t reads. We saw the Lake county
= roads in 1916, and while we were
1 charmed with them as new, we didn't
5 believe they would stand wear and
< tear very long-but Marion county
| will never build such roads as they
: built in Lake.
= Friend Voorhees,, by South Lake
7 Weir, is good at addition, but sub
| traction is left out of his arithmetic.
: If the roads of this county are we'll
: built, they will not cost 100000 nor
5 $G5,O0O to keep up-that is, if a COM
Z. potent engineer is put in charge. 1t
: should not cost more than $4,000 a
t year to keep them in order.
? Now comes our good friend, Mr..
: Haycraft, and says Marion is not a
tourist county. True enough. But
we don't want the roads for tourists
but for our own people. All the same,
the tourists coming thru here spend
1 a good deal of money and a large
amount of that money goes to the
farmers If they can find a better
road by going up and down the east
coast OF west coast, they will not pass
, thru Marion, and we will lose that
! much.