The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1920-10-15

ID uO" causing 50 UluCH UNREST 10 IT'S
great prosperity. People are not sat
stiles OF life, but are indulging in the
height Of extravaganza. This pace
must be slowed down, If the country
is to get back to its normal condition
The speaker said that he was glad to
be In Mapleton. He was glad to ba
in town which had been brought to
distinction largely through the eff.
forts of Editor H. c. Hotaling. Here
the Mapletoh editor was Iaid COM
pliment to Mr.. Hotaling's stand on
all matters of public interest.
II Is just such meetings as the one
held last night that will bring about
an understanding and solution of the
problems which now face the country
referring to the Babcock plan, the
speaker said that he believed that the
people of Minnesota are going to vote
for the amendment
The speaker said that never since
the organization of this government
has the country been in a more rest
Tess condition. Just what the restless
ness is about no one exactly knows.
II the PEOPLE were living in Europe
they might have some cause for fear
Of what the future will bring. Every
body IS apprehensive as to what is
going to come about. Some are of
the opinion that prices are going to
crop with suddeness that may dis
rupt business. The country has climb
ed a mountain, so to speak in a bus
mess sense, and the coming down
that mountain will be harder than the
climb. The only thing to do in the
lace of this climb back down the
mountain to the normal level of con-
dltions in this country is to be consis-
hn
go to the dogs. The speaker said that
the American people get what they
seek and what they expect. If the
people expect disaster they will GER
talnly get 1t. There never was a time
when the country needed merchants
with back bone than is does at the
present time. The pendulum of prices
extreme of the arc. The speaker said
Is sure to swing back to the other
That the great trouble with this coun-
Try is, that it is too prosperous. I'VE
we Will have to change to second
speed If we want to get out of the
present difficulty. We are through
with the war" said the speaker, but
We are not through with, the demo
cratic administration"
Garden Spot of Earth.
Ihe speaker said that it is abso-
lutely necessary for every business
man in the country to become settled
GOWN and run his affairs on a more
business like basis. This is the gar.
den spot of the state. One of the trou-
bles is that PEOPLE pay too much at
tentlon to what is being done in other
places and not enough attention to
ne nome community and business at
nome: BY the very laws of nature and
graVitation' there is going to be a
readjustment of conditions back to the
normal. Merchants must keep their
ieet on the ground and be careful in
thelr transactions. For that reason
the speaker would not advise the
siasnlng OF prices, for cost Of arti-
tnese times of uncertainty CO. oper-
atlon is absolutely necessary. There
is one thing certain the speaker said,
and that is, that some of the mer-
cnants are going to the wall If they
extend TOO much credit, and dabble
IN speculation. A man who keeps his
money In his own business can surely
weather any storm that may come.
II there is reaction in business.
minnesota will be the last state in
the union to feel the effects of the
same, for Minnesotians are near. the
source OF supply of the primary
i
vlsed young men of southern Mime
sofa to invest in land In the northern
part or the state, where splendid
grazing land can be secured at mo.
aerate prices. What the people of
together. '''i
We do not lay enough stress unon
the fact that Minnesota is a white
NAN country: Minnesotians have the
POT OF gold at their very doors. and
snouid avail themselves of it. In Min :
nesota the People pay their bills, be-
cause tney are a people of self res
pect,. and the state is lacking in q
shlttless class, which is Common in
otner states. The people have a great
heritage here, and for that reason tbs
sEeaker said that he had no time for
pess1mist. At the present time Min.
nesotlans and in fact all Americans
are seeing things in the night and ex
pectlng calamities that are not ant to
materialize. The people are en- the eve
VI an economical change. Whether
lnIs Will be sane or insane change
ff e TO be seen. The right thing
TO stand behind the constitution Of
upper lir." "''ii
Al the close of Mr.. Chapman's address
resident Hotaling thanked all those
VINO assisted so ably in making tbe
meeting the grand success that n WAS
4. Pay Up Week" In November.
AT the suggestion Of Farnk Cooper NJ
Mapleton the last week in November wa .
DESIGNATED as Pay Up Week"
vice President Fisher in addressing
me men present said that money viii
come harder in the future and for that
reason merchants should be careful in
thelr methods of extending credit Prices
VIII come down, but it is a false impress
sion to think that a slump is coming
IN everything. The raw material thai
went into the goods on the shelves at
present was purchased over a wear apo
ana Tor that reason prices must come
down gradually. Vice President Fisher
advised the merchants present to mari,
their goods down to the last consista MT
notch.
On motion of DR.. Schmidt OF Good
Thunder. the association will get letter
heads and placards printed setting forth
the rules and regulations of the associa-
tion. Deadbeats will be made known to
the merchants, and meeting of the
directors of the association will be held
In Mankato in the near future to devtze
plans for sending out literature of the
association. A list of all memberstins
in the association will be sent IN 70
Secretary ]. R. Jensen
At last nights meeting there were
tWenty-eight from Madelia fourteen from
vernon Center. four each from Minne-
sofa lake and Pemberton. twelve from
Good Thunder, five from Madison Lake
ten from Easton. seventeen from Lake
Crystal. seven from Amboy. four form