Show WHAT IS A A country not retarded by the blunders of her statesmen industrial gazette Ga ittle people who derr deprecate ecate the boom in the south and west as being surg to be followed by a disastrous rt reaction action do not make allowance for lie fact that the boom seems to spread pretty well over the whole country thero there ie is as anuell activity let ivits and there has been ae as largo large at an 1 advance in real estate in kansas kams as an in alabama in wisconsin af in colorado in michigan Mic Iligan as in california I 1 even wen in staid kew now york prices of city lota have increased con binco since tho the new year and brokers report an unusually brisk demand id for proper property tv people all over seem to have lave got tile boom boorn on the brain bran ai and it is a as idle to preach agugust again 4 t it as it would bo be to t 0 remonstrate with a cyclone it M is based moreover on oil so something methin mure inure substantial hub than mere acy cincy tl is ft a prosperous country a ll very I 1 prosperous country it gets on in pito of bad laws laws sometime sometimes div andly administered it is not retarded bythe by the blunders of statesmen or he lie crime cri i of tile w A aked 1 make inake a great deal of money inthis in this country where they aro are tb thrifty lifty and dont waste it on great annias armies and navies and expensive courts n as is thecae the cac in europe aroi e taxation is on oil the whole moderate and as a rule men inen and women are tire not extravagant we have a wasteful Naste ful extravagant extra vagan t claih but it is small i the great bulk of f file moneymaking money making vom community upend no more inore than they need to live comfortably and save money cadi each year loop people logre are 9 generally e i ly educated so that their labor p produces ami lr more inore than the labor of tile persons with lean information information fornia tion and lese less intelligence add to all this that we have a country of general fertility ity and with varied and practically b boundless bound lesa resources and reasons eno enough u gli have been furnished to justify a I 1 loom 00 oo in of no common proportions why av asks anh 0 one 0 does it como come just at all this ir taa time why in 1887 instead of 1880 1986 or 1885 or 1884 to this no an ewer can be fiven except that trade and prosperity always moe befits by and baarts and jerks they are governed as much by the temper temper of mens minds mind 9 by material facts when a man mail is is in in low spirits he be is generally general ly adverse to undertaking new dentures yn en tures and is often incapable of doing business intelligently when lie ia is in high mirits i he jib is energetic enterprising and and frequently successful there are hicri oda ain in the history of aery crople people ax hen lien dear depression s to weigh eig i upon lie tile public ic till mind 1 and society at largo large wems u to have the blue blues at these period no o one wants to extend his 0 or to assume new risks everybody curtails and keeps close to shore this produces dull times there aro are other times when everybody ie is in good temper tem iier andr full of liopo hope at these thew timea times new enterprises are launched people enlarge their ventures t ures as u ine new risks float new s schemes chem e s when this condition of bilings prevail prevails the result may prove a I 1 boom there was a boom in the east in 1880 81 when stock stocks rose zeigi prodigiously in new york and vast fortunes in v were ere made in that and somo same of tho tie I 1 adjacent it spread as far west 11 t gs s colorado it was followed by three thre or fo four ov years cars of depression in which all 1 kinda bof of merchandise diso fell to low prices and business of all kinds proved unprofitable As there was really no substantial reason for so tie perio seri usand so fo prolonged a depression it was natural that it should absi be followed 0 j by a reaction men cannot remain f forever borover in in t the lie dump dumps there therb 13 is an c in the human mind wit which ich forbids it elation will succeed it chanced that various minor influences operated cooperated co to accelerate er alto iree recovery overy consumption overtook ai production act ton in various staples such ae bre s iron coffee cotton and wool and frices I 1 iwo oe accord accordingly it chadic chanced that during daring the winter of 87 the currency circulation cu of the country increased some soine so one tiling thing helping another eacle li little tae rill till floa flowing in its 0 ow 11 channel into the general genera presently tile low waters 0 01 du dullness inc was converted into the brimming spring r ing tide of flush times and this is what it people call a boom |