The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1921-01-19
ACTION AND REACTION

What goes up must come down,
on your head or on de ground"
That is an old call in chiIdren's
game. Those. watchful to see what
came down was on de groun" and
not on their heads, could laugh at the
others
Ebb and flow, motion and change,
action and reaction, the principle, by
whatever name, is as old as the world
and will be doing business at the
last trump" whenever or whatever
that is.
Human nature seems fond of ups
and downs and side swings rather
than the steady peaceful pursuit of the
straight and narrow way or the safe
and sane middle of the road.
During the war all the real people
were glad to deny themselves any and
everything to back up the men at the
front Wages and salaries scared and
those who were not put out by being
in non1essential business enjoyed
greater incomes. After the armistice
when all the rules called for a drop of
40 to so per cent in average prices,
the needs of starving and denuded
Europe caused prices, after NOM
entary dip. to go up instead of down.
The pent-up feelings of the people,
who had saved as never before, blew
off the four year lid of restraint. 1t
took months for the wild orgy of
spending to exhaust itself Millions
who skimped periodically to invest
in United States war securities, cashed
and tor the most part wasted them as
recklessly as the proverbial drunken
sailor. But the grand spree came to
TN end. People, who thought they
had plenty for all kinds of foolish and
costly luxuries, found themselves un-
able to get enough for things they
really needed. They had greatly en-
joyed the wild spree They became
satiated. Then they did not like the
headache and the dark brown taste"
after the debanch. Spending ceased
to cause a thrill
Then followed the buyers strike.
Everybody began to save. This pro-
provided new sensation, new en-
thusiasm. 1t is much safer one than
the other, but can be carried to an ex-
IRENE that is just as sure to cause
reaction as the habit of squandering.
Statistical dopsters warn that Just
to the extent that pricesfor commodi-
ties rose above the normal legitimate
level. must they sink below that level
Then on the upturn, will they steady
back into normal and proceed along
an even course? If they do they will
be doing what they have never done
before,
For men who make a business of
figuring out the future by the records
of the past say the saving period con-
tinue to cause low and perhaps lower
prices for the next three years Then
in about 1923 they calculate the saw
ing priod will be followed by three
years of wild spending and sky-high
prices again.
Shorthorn not having INDUCED in
so much initiation or such wild boom
as some other kinds of live stock or
commodities will not suffer so much
from the boomerang.
Sell only your surplus the best you
can. Buy what you need and can pay
for.
These times emphasize the need for
farmers to have the animal that will
convert their grain and forage into
the most meat and the most milk at
the least trouble and leave them the
greatest margin of profit That animal
is the Shorthorn
Never before was the country or
the world in greater need of what
the Shorthorn, wisely handled, can
do for it.
Those who think they cannot al
ford purebreds are like the foolish
virgin.
The business has passed through
speculative plunge. Let it now steady
to wise productive basis. The men
and women. who get their herds on
the rock bottom foundation of steady
production. will be best prepared for
whatever may come in the way of
ups and downs, GIBBS and hows.-The
Shorthorn World