| Show THE booma BOOM 1 BUSINESS MY friends said a clergyman in a dakota town which is enjoying a boom as he arose in the pulpit we will dispense with the services this morning and give our attention to a work of greater importance As you are probably all aware a party ot of eastern capitalists arrived IB the city last 52 n night g lit with a view of investing juventin in real e estate tate and we will now consider ourselves dismissed aud go down to the hotel and work them we want to hustle r right ight along too before those revivalists reviva lists from plugtown Plug town get hold ot of them and move off sooae of their swamp lauds lands onto them 14 dakota bell there Is iii something more idian than nonsense in the above and it requires no philosopher to dig it out like vanity fair 1 it appeals to the imagination only as relates to the particular place and individuals give t these the names they are generally known by and what ii is intended for and accepted as a joke oke beco becomes m es living fact the people of the united states ass as ft a class ass are noted for not doing things by halves or even in moderation their prevailing rey ahing weakness is to strain a favolise favo favorite lite topic or pursuit or er privilege or circumstance to its utmost tension thus when the tide of prosperity sets seta in anywhere the solidity of the thing is at once so thoroughly saturated with high sounding talk and open lined advertising ver that what might have become and remained a reasonably prosperous erous institution is killed in the rouse house of its friends like a newborn new born babe suffocated with too much muffling and covering the result of such extreme measures is to bring about theother extreme as a natural couse cease for example irl ir a mine ia worth a thousand thou baud saad dollars a week s in output and is incorporated aada and capitalized for many times more than its capacity can meet in a hundred years a by no means infrequent oc 1 currence the expense ot ofte clerks workmen machinery et chaT eTe to be so largely increased that the p prot its are severally either wiped out alte gether or reduced to so near nothing that those who were entrapped by the willa the wisp boom into buying stock not only receive nothing back bat are assessed to meet delicie deficiencies heles they get tired of it stop it the business collapses and then two or three practical men take hold of the property 9 kick the boom into the invisible beyond work the property profitably and do well this is a crude crade illustration but let the reader digest the subject thoroughly inspect all these aerated enterprises and see if r ade e can cant find an ap application Z li cation for it in almost every instance A little time does it all being a leveler it goes further further and becomes an avenger for it curtails cw eur tails from the normal conui condition tion exactly as much as was previously added to it leaving the process of natural action to return by natural means inflation has ever in all ages and among all peoples done more harm barm than good like the man flushed flashed with wine he is something beyond and above himself a mighty genius a powerful creat creation ioD while the effect of his bis potations rotations ions remains but it cant stay long nature gradually gets even and thim then begins to exact interest in the shape of a wretched contemptible enervated and degraded object who perchance envies the hod carrier across themay the way his undimmed vision clear lie r head bead and painless body his nor m mal a t condition was a good one his exuberance ube rance was a good deal better and his subsequent experience that of christian climbing the hill of tribulation with the burden of experience on his back all created things everything going on around and about us teaches the important lesson that moderation and nature walk band in baad together undue excite excitement ment being a straining pt of natural functions i is unhealthful and so is the d depression immediately following it if th there re had been no excitement there would have been no depression and the even tenor of things would nave have held f full all sway the period immediately follo following fol lowies the civil war ruined more men than it bulit built up a thousand to oue because the nation mation far and wide was luxuriating in the most boundless boom ever ex perlen ced in any land money was ec scarcely arcely counted by dollars and cents but by hand fulls and measures everybody had more or less and it was easy to get wages were phe nominally hinh high and this condition of things was pointed to by the shortsighted sight edl of that da day as pros prosperity fatal prosperity the the fe fever ver subsided ed and left the patient prostrate values shrank money rose in value corres pon ton the few who had bad looked ahead had plenty but the many who had not were in too many instances worse than beggars for custom and pride would not permit them to beg while necessity impelled them to fin find sustenance from some source and they must either Rither steal or work for whatever those who declined to stake their all on the boom would give thus in 1865 we were a nation of plutocrats in 1868 we were a nation of lawless brigands brigande bri gands and breadless serfs the impress of hard bard times stamped upon almost everything and everybody i and a favored aristocrat here and there laughing at the miser misery S the great tide of 61 boand less prosperity had wrought there is ultimately noth nothing laggood good in a boom there is always something everything every thins necessary of a temporal nature ta in a reasonable amount of steady work with fair pay coupled with contentment economy and progressive gres gre sive solve intelli intelligence geace |
