| Show A FOOLISH NOTION I 1 A PROMINENT newspaper of the south speaking of porto rico and it its alluring scenery and climate expresses the hope that the vast sum of european travel will be deflected thither and glorifies over the prospective wealth that will fall to the U S in that case that is is a sample of the want of thought exhibited by the press generally on the subject of wealth I 1 if f all the money in in the world were I 1 poured into any one spot or state it would not add one dollar t to 0 the wealth of the nation by the way old spain had just such an idea of wealth on her discovery of the americas empty ships ship poured out of her harbors to return laden with the preci precious metals and she made it a capital crime to export gold or silver she continued this course until she ahe became the pauper of europe buckle in in his history of civilization explains the whole course of her policy hog and its consequences finally w she became like a giue mine for adust industrial rial little states like holland bel belgium etim etc which traded to her cabbages beans woolens etc at a very high price for cheap gold and silver we would think one such historical lesson had been enough but fools never will learn anything even at the costly school of experience today in our own country at one small district on our eastern coast wealth has been pouring in for deposit there for over fifty years in sums such as never before were known to human experience we might rejoice and some do at this but does it add anything to our riches here there is but one way for wealth to increase and that is through the creation distribution and wise consumption of commodities not by piling up me als printing bills and bonds and in inflating stock J |
