Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1925-04-09
Rural Life Problems and
Current Topic Thoughts
BY A. GRAvEsEN, Askov, MINI.

| he SOCldilSLIC anu diidi NiiiSSiS
elements | am not afraid Of. We
are a BODYBUILDING people and
the above elements cannot thrive
on our soil in the long run. We
may talk and let it appear that
we are very radical. but when
election day comes around we are
pretty careful for whom We cast
our vote. Remember our last
presidential election. Everybody
was third party men, and La Fol
letteism was rife; but Coolidge got
our votes.
The majority of the people
in this country like TO do a
little specializing, but not very
many of them do it at the right
time. We most generally do it
when prices are high. when val
ues are inflated, and SO we fail
to attain the desired end and
lose our wad instead Of adding to
lit.
In 1919 and 1920 the majority
of the people living in the coun-
try and the smaller towns specu-
lated in land, some Of the most
lucky ones made fortunes over
night; but only a few were wise
enough to cash in. AS a rule the
gain was reinvested the following
day in another gamble and so it
rolled on, until finally the bubble
burst and broke most of those
people that had been playing the
game. AS it was with the land
dealing game so it is with every
thing else. We want to make our
investments in things that every
body wants at the moment. The
scramble to get hold of it causes
prices to mount. until the crash
comes and we all see that we had
been blinded with greed and rage.
Now, if we used common sense
we would know that the time to
buy is when prices are low, and
things arc offered for less than
their true value. IL we then
hold on to our purchases for some
time we are sure of a gain. II
may not be overnight that the
profit will be realized, but it is
sure to come to him who waits.
Many years ago there was
young man by the name of Pete
down in Iowa somewhere who
had just married a farmers
daughter. He was not rich, in
fact all he possessed was pair of
strong hands and a will to use
them, and his young wife. He
himself has told me the story and
| shall try to relate it in his own
words, II was walking around
the farmyard of my father-in-law
the morning after the wedding,
and coming down to the barn l
met the old man. greeted him
good morning, and as he stopped
| said, SAY, father-in-law. am
a young man and quite without
worldly possessions, but wish
to aquire some of them very
much. Now. l understand that
you came over to this country
from Germany and that you at
that time was about as well off
as ! am now. How did you man.
age to become the owner of this
fine farm and all the things that
go with it, the report is that you
are quite well to do?"
well. Pete" the father-in-law
answered. I'm tell you, first l
went into debt. head over heels,
and then l worked like h to
get out of it; and then. Pete, I
noticed that there was always
something that was cheap that
my neighbors wouldn't bother
with. that | started to raise
or rear. and so when it be-
came dear. as il always did.
l had it to sell. That is really all
the secret, Pete. II you will al
ways remember that and act &C
cordingly you viii succeed" Pete
did remember it. When he told
me the story he was a well-to-do