Year: 1877

takes observation of events for few
years after arriving to years Of ma
turity, but that knows that every ma
tion and every portion Of country
have ups and downs in the way of
prosperity. This has always been the
case and always will be. Human
wisdom and human effort cannot
avoid this result. This is also true
of individuals. There are times
when, from the want of invigorating
showers, or from too much rain, the
crops will be short; and when this
occurs for series Of seasons the loss
becomes severely felt. Again sick
ness may strike down the individual
and seriously impair his gains, as .
nation is stricken by being involved
in war. However, beyond all these
causes which are SO apparent there
are silently at work other causes
which, as it were, surreptitiously and
gradually produce revolutions in the
pecuniary condition of country.
For instance at one time the people
run largely to Investments in real
estate and it goes up and up in price,
finally reaching fabulous and unwar-
rantable prices and then the bubble
bursts, and for years after real estate
is fiat. This is but one example Of
what to greater or less extent occurs
in all branches of trade. What
we have SAID is merely preliminary
to the subject matter intended for
this article, and to first make promi-
nent the universal fact that we have
and always will have seasons of pros
|perity and seasons of depression.
Therefore it becomes every man In
good times to look out and prepare
for the close times which will, sooner
er later, be sure to follow. The great
trouble is, with very many men, that
if they have an income Of $500 or
$4,000, they live it all up as they 60,
be 1t much or little. We SEQ many
men all around us who, upon q very
email income, so shape their living
that they lay up some and carefully
invest it, and though their gains for
. few years be small, yet by persever-
ance, these gains increase, and after q
time they are comfortably fixed, and
as it were, entrenched against the in.
roads Of hard times and ordinary
misfortunes. We know that there
are exceptions to the rule that man
can If he viii, thus provide for him.
self, because there are unforeseen mis-.
fortunes overtaking men, but tens Of
thousands do not try to thus entrench
themselves. These all live well in
flush times but when the close times
come they are short. Very many Of
those who do not make the effort to
lay up for rainy day, as the say.
ing is, are very loud in their com.
plants when the hard times come and
spend many weary, improbable
hours in complaints chiefly aimed .,
those who have something and the


manner in which the government ii


run, charging upon others their OWL


faults.


| Industry and economy coupled


with reasonable health, ought to give


to all men, in this land Of ours, I


competence which will guard agains


want in close times, save when ex


ceptional misfortune befalls them. /


is not so much what is made as wha


is saved that tells the tale of wealtl


or poverty. Those who have thei


hundreds or their thousands yearly


come to the same place in close time
il they spend their all as they 20. +


conclude then, let us say that Il is in


evitablc that we always have had ou


seasons Of financial depression; Q


we always win have them, and ths
in oil such times there is great nee
for the savings Of the good times.