Inter-Mountain Republican | 1907-04-21 | Page 10 | Are Hard Times upon Us?

ARE It hAul HARD TI TIMES UPON US us' Chicago Journal Journal- August prediction that thata a period of oC retrenchment Is approaching and that hard times time arc are at hand Is only an Indorsement of oC tho the opinion expressed b by James J. J Hill Hili some weeks ago Mr Hill said ald that the time railroads s had begun to stop their extraordinary expenditures and Ul that l this this- was a sign not to be mistaken Business s has reached the time present limit of expansion and the next year car or two would find the American people economizing severely Mr Belmont says that times change and tho the unparalleled un un- paralleled development of our countr country and its prosperity have havo been so extraordinary that it is undoubtedly time to call a halt Men en like Hill BUI and amid Belmont can unquestionably Se see seo further Int into the futuro future than tho time ordinary man can con The They are arc at the tho center of ot large affairs and time they discern the tho coming Corning storm earlier than ni m most st people But oven oven the time weather prophet makes mistakes and it is possible that Hill Hili and amid Belmont have misinterpreted the signs Tho of ot the coun country ry Is ba based ed upon tho the farm tarm not upon Wall Vall street treet Wall Wail street may have the blues as it had a a. week or two ago but hut tho the time has gone gono b by when the thc they have havo an any serious effect upon the countr country at nt large Perhaps money Is tight and growing tighter haps the railroads will per therefore have havo to lessen their expenditures perhaps trouble Is Ig In store for tor the men who control the time finances of or the nation But Dul tho farm tarm was never so well t off oft as i it is to Farmers nil all over the today country have haye money in the bank and have paid ore oft their mortgages They have cession had a n suc of or good crops and In all probability other this will have another another an- an year Prices arc are high and amid the manufactures and products generally is demand for tor I where There immense Over Over- are arc millions of or people States than there thero were in 1893 1393 moro malO In the United I and 1894 tic ti the la last t depression and they are aro all at time the time or as consuming producing fa as toil 1 Nothing l less than a financial cl ln d to Up upset f t all these cataclysm v will h Le be re- re I conditions I r We e do not riot believe though w we have havo tho time even cven AHK and Belmont authority of or I j for tor it H that any ammy such storm nm can caD long long interrupt the progress s of oC the United is at State States han hand that 1 I i