Deseret Evening News | 1908-03-02 | Page 5 | About Confidence

I S m It 11 Is Interesting to 10 observe the tho wide differences In III tho the opinions of 0 men HIen as us to 10 the thu cause causo of or the tho panic of ot 1907 1110 Ono One theory Is that tho the peoples real consuming power hat has not nol linen been im un nt at nil all that tho the only cause of or present lr conditions Is an nn ungrounded foar ar that It may bo hI Impaired who this view contend that tho tha natural wealth alth Is la Just what it I was WilM u It 1 year OLI ago 1110 Its lis balance of or foreign rode trude larger Its Ita farm richer and Its population IM UI a II whole able to spend In noco rl or 0 nil that thaI It II was pending twelve months ago Tho Those e who lio hold hell this thin theory maintain that the tilt will bo be an u n suddon as fill th They argue Ir that lint teal 1111 lolI will wilt go on In nier eh und anti oven In while th the of ot merchants and the tha counter counters of It t brokers alp bare After a u It realization of lit this hue condition will It U U is concluded with buying on 01 orders will be lar e corili denoo defoe will return Another holds hohls that mid and over Ol r speculation produced the thu K id II of banks It ft li III I claimed that last abnormal purchases of or all nil of o m t Involved UN Ui of credit and that hat not hut lU anti and middle middlemen mon men but tut Dual on ns AI well were l ln Hi ill debt living th lr In many c c placing or order der 1111 on 01 tie the t belief belli lu in Iu unlimited nil au VIttles Mince NIl It U III argued was stopped abruptly and violently by b the thu October panic Tho llio people at t largo large may lUu not fl be pourer poorer in their heir actual po ex cut no ti 11 tel far 11 an all t IIII have Ii vc buti bu c Ti I ii 1 Id d Hut un t their leur has ha b m curtailed by b the thu l Jall 11 In lit attitude of ot lending and a by the tho of ot the Ihu th boundless of at I On hi either the tue result must muni ho hot hoI o oI I t hut 1111 hll I jr I i p will save morn more mol and und spend I li I hut DUI tiny any theory takes It for tor that prosperity is ij I certain to ti return before ro ions IonIC Americas great groat crops that but no io one olla on cin catt tot net tho the exact line