Montana oil journal. (Great Falls, Mont.) 192?-1931, 1931-01-17
HOW TO BRING BACK PROSPERITY
v By LEON STARMONT.

editor Northwest Mining Truth
There Is just one way to restore prospentyput men
Il is more blessed to create jobs than to establish soup
kitchens.
Government can do lOt-individuals can do little.
But citizens acting collectively create jobs than
nati0n states, cities and individHals all told
Labor lower than for many years SUPPLIES cheap
This he Best Of All possible times to participate in the
formation original financing Of industrial
pes the expansion Of those that already particular
u those enterprises based the natural Of the west
When this country forgets about the stock market and
gets back first principles in financing industry, there won't
Wan Street win never pal it out Main Street. win
have to do the job few western headers beginning to-
The Wan Street idea IS 10 sell tvoit pieces to the public
for ST. $50 $whatever they win bring in an always
advancing market
AS long as large portion Of the public can be kidded
into buying corporate shares for times the actual
vesment Just long win faxed and fictitious prosperity
HotAh balloons Cant tloas Forever
But the hotair balloons ean float forever Twob pieces
always be sold for 90 $3.50 Sooner later any
bubble win barst
when spectators become panctrieksu, factories are
closed go Of business millions Of workers lose
their jObsand we have ust such situation eOnfrOn
y
Every idle factory every bankrupt merchant every job
Ices worker lay h trouble to the suckers who bought two
bit pieces for e and the professional market manpuatOr
Must Torgst the Market
The thing 70 do TO forget the mareet stock speeula
tors hang themselves i they win and place Investment funds
There are literally thousands Of opportunities crying TO-
day in the west for people with modieum Of brains and few
dollars to seize them.
Buying somebody private stock creates payFos puts
to work, solves problem Of depression
The only dollar that counts any business the dollar
that goes directly eonpanys treasury pay its work
men and buy its materials
Is The same Old Story
Human nature being what Isl there win probably be
other period of initiation followed by another period Of de-
preston. Those put 800 into and wen organized
industry may sell for $4,000 I940t0 crop Of
suckers.
But those who followed the advice Of the hnan
ca critic and merely buy stock at the market quite
likely pick sinking ships headed straight for bankruptcy
The wise birds the professional manpuators out at hgh
prices and good share Of the companies whose stock sold at
high levels in 1923 will 60 into receivershp IN 1881
Game Hurts Everybody n#
If only the suckers lost their the country could af
ford to let Wall Street its monstrous gambling hell
But for every direct victim Of the comeon game there
dozens nonpayers lose their livelihood when the
inevitable flop arrives
AN legitimate business endangered by the practices
of the stock exchangeand much legitimate business pre-
vented from getting start because Of the millions and bill
Of diverted from constructive efforts into
this monumental threeshen game
Congressman who do something constructive may
find way to exercise control over the criminal mani
pulaoh of stock prices that continues enrich the few and
impoversh the many