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About The West. (Florence, Lane County, Or.) 1890-1921 | View Entire Issue (March 10, 1893)
J, f HZ ¿ W „ c e> Lane Con,fry, Vol. 3. Il 10. 1893. "THE FALLACY OF SAVING.” would have been applied to wIativ< The above is th e som ew hat strik in g title of a book w hich form a one of th e l»it editions to th e “ Social Science Ser- ies.” The au th o r, M r. J o h n M . R o b ert- safe investm ents. If we a ,k whj|| am o u n t of savings a given society 2 No. 47. 'j deliv .1 Ulia »ore, and it may ba hoped that tin dehumarnzing conditions. This » ¡ , u J ..... ........... ....... ... " «h, *•” ww* and offensive partena j quires a t any tim e, th e answ er m ust W « d interest in the social n • ' ' ‘U,‘ Ph,vWe plm* *nJ u ‘<e e,,0 »gb to provide for fu rth er leveloZ — ...... ........................................................................................................... - ion, |8 a journalist an d litte ra te u r of m ent, ‘ in o th e r words there m ust be . iw » bint and remit «'«« time; and, the book to . . . j their erturts in thia direction. The lit« some note, his recent volum e e n title d enough in hand to provide for a growing have referred is ghuplv one out '0,‘ of we - 1 .« ...................... ‘Modern H u m a n ists,” in th e sam e population and for works of public util,. .....7,' series, having a ttra c te d special a tte n itv. I t sav in g , . r e ™rriej beyond seal« nf i!, • i i . " ' 1 ProW"m. WaV( th„ tion. Mr. Robertson finds th a t th e point then th e C general gt nera, scale ot living $ As such we have thought it d 0« .rv m - , Minted, each in its " , fact that these individual« are not infe teachings of the so-called o rth o d o x econ the con,niuoity i , n e e d le d , depress«gnollo. rior in the matter of ability to take ear« omists, from Adam S m ith on w ard s, on an d , as above pointed out, the excess the subject of saving, a re in co n sisten t savings is very likely to he w a s ... and erroneous, inasm uch as, w hile they through being forced on a money market continually insist th a t sav in g prom otes production, they overlook th e obvious fact that it checks production. T h e m an who puts his money in to a h a n k v irtu , esparto grass . of themselves to any other intelligent Esparto grass has rrcently been ree- citiaons of the lepuldic, and there is not already sufficiently supplied. , Olnnn‘," l«’l for intw„uvt‘on into the the slightest reason why tltey should ba We see here a conflict, however, ..be- States as a fiber plant. It is » allowed to do so unvoted by thaufficiou« tween th e individual and the genera! native of Spain, Portugal, «¡ret,et. an,j perwons who insist that they should tie point of view. The individual may . say: Northern Africa, “ ’ ’ _ . „ „ ¿ „ „ j “ provided for in a sni table manner.” 12286691 I fully recognize th a t trade would lie i« ™ ! ••> «rid situations, «ml growing A Ml (10RSTIOM IS made in the line of spend, but does n o t th e re b y prom ote brisker, th a t th e general condition of the eipecially well on limestone and gyp- municiiul reform by a keen Auierksn production any m ore th a n if he had com m unity would be more prosperous, »eons «oils. It is not cut, hut pulled, observer, Mr. Charles F. Adams, after a spent it himself. In som e cases th e re is and th a t some of us would live better sometimes twice a year. It can be study of the civic history of Quincy, more money in th e banks th a n can be I th a n we d o > if there was less saving and grown either from seeds or divisions of Mass. He believes that the prim« ne profitably invested and th e n th e re is m ora spending; but what am I to do? I the roots. Ten tons of dry esparto, cessity ol the times is to procure In pub arrest of production. T h e p a rtie s who can n o t afford 10 run risks. Old age and jwortti from $2t) to |2»5 per ton, can, un lie offices the services id the “ great own the capital will n o t spend it them - th e various accidents of life have to be der favorable drcumstancca, I* obtained men” in the community; bud bis plan *lves, and no one can u n d e rta k e to provided against, and, if I do not save, I from an acre. In Spain, where now .the is virtually compulsory municipal ser «pend it for them and give a d e q u a te se leave m yself defenseless against these iroduct amounts to from 70,000 to HO,000 vice. " I venture to suggest,” ha says, curity for its return w ith in te re st. “ In ev ils.” The w riter of the hook recog Jons annually, it formerly ran to waste “ that In the matter of municipal ruleam l wae used only as fuel. Now, such I* administration ws might today derive commerce,” says th e a u th o r, “ u n d er th e nizes the dilem m a: the interest of sopi- $*r ir was demand for it, that land mnsiderod useful hinta from the ex|»«riene« In an< regime of parsim ony, every producer ety a t large calls for as liberal an cxpe$- [tl,c du d itu re as is com patible with a sufficient ji’alneless a few years ago is worth thous- other Held of Francw and Italy, and yet to ’ 73 m uch ally hands it over to som e one else to .umug any h J M - re s e rv f capita! for pi’« P ^ fff d « v d - *** “ n‘ ■ k t* '*• 4*»* ' mo-iu ■ - - Vhr** -» .4-. , .« -«■» _ , „ a> „ _ — — . ,— thuy ail ecoaomizn m ote ox tun, * 1,4 in». toft 1 <• mfo* .1* one m obient of com m er cial history, there is e ith e r ovei-produc strenuousiy, w ith the eiiect, in tim ag- in the nuauiuctuix. of jopc , Üon, crisis, or strategic check of popu gregate, of ta rry in g economy far beyond sandals, matting, etc., while in England iation; and all the w hile m u ltitu d es are th e p o in t of true social utility. He con it is largely Used in the manufacture of driving not to consum e w h a t th e y m ight sequently takes the bull by the horns paper. Hood writing paper ia madefrom that th e y may have so m eth in g to fal * * upon in sickness or idleness. An< and proposes th a t the state should pro gw,Uwtjsi<.wy. incoe www. ns hate J9 • •rt.V m U« m . ¿w.UXi.j Xn*dt<at interval diaorder or foreign aggresahm h their problem. Their solution of it is compulsoty m illtay' service, Our prob it w ithoutilio adm istura of any other lem ia good municipal government. m aterial, ami the price of this paper Might not it« ««dution lie found in a spe varies from f 2<R) to ja r ton. There cies of compnleury muuiri|ial arrviee?” is certainly an opening in thia country Mr. Adams put« this Idea forward with vide old age pensions for those whose “ the more sure idleness conies an< characters as honest, workers aro unim “æ y d o fa llb a ck o n it. A nd th u s life is peachable, b u t who could not have pro- “ n-owed and degraded, p ro d u cts m ade vided for th e ir own old age without de- ior "0,n® P” U p risin g individuals to the air of a man who would he serious if he dare, lie argue« for it on the line dwellings m ore p a lt/v ; so th a t priving them selves, during their work- 8ro* thi» grass.—A ch > i <(> .Iwu/tcuH. ^«collective comfort of th e in d u stria l ing years, of ju st th a t margin of their th at the com mu oily ha« certain right« A mkkican autistica show that the pro over the indlvhiual, which, if the puli P «tion ¡3 som ething im m easu rab ly wages necessary to raise their lives above duction of anthracite coal last year was lie ciigeucy demand, it ran epforer. Jol'le, like the pu llu latin g ra b b its and penury And distress. the largest, on record. Thmigli the win T he suggestion in regard to old age te r was a mild one, 41,««,.320 torn, were There ia in Mr. Adam«* idea this truth ! 71,6 truth which th is w rite r Beds an d pensions is one which of late years has turne(i 0,,t . Thia is an increase of a the need of the cltle« of oar continent Wlth no Iitt,e force is th a t th e re is found m any ad v o eu t« and some very 1 nim ion H„d a |,H|f tons over 1WI, whuh for good men in their council gooui« ie ^tural economic lim it to saving—th a t influential ones, so that it is not a p«cu- higher than any preceding year fully as great aa that of the Furup*«u J 'e n body 8aveg t j le n n o b o d y w j l j iar fad of th e a u th o r of “ The Fallacy of It ia estimated that there are 4,ilM,tx\),- poaerw for their armle«. And» nmre- ^ nd »«J production w ill be a t « m in i- S av in g .” Still it fits in perfectly with 000 tons of anthracite still in the ground over, that a man ol the «landing of Mr, The fi onom ists have been in tiie Adam« should «oherly propose such a lis theories, and we are not surprised, in th e American coal regions. dastrn* method r>l supplying that o r 0 Ha'»iig th a t saving m ay be car- dierefore, to find him advocating it T iik so-called Priuces* Kniarflanl, now ahow« how deeply It 1« felt among the an> ex ten t because h u m an w ants strongly ; nor can we doubt th a t some of »mte, and th e re w ill th e re fo re be th e argum ents contained in his book nt New York, puts up a pitiful tale uliout thinker« who have gi' ''ii their attention tiring roblied of her birthriglit in Hawaii to the matter. »1 tai T' ll< ,lp,nand for savings as will be used by future Advocates of the ■ ' , . ,rl . . . I by w hich she mean« Uie right to ta i the in I? 1 l" U1‘aU W ’ nil1 » o t b e i n - iiension scheme, flic w hole subject is 1 UA RÜ AIN8 BARUAIN8. z . . n. rwople of Huwaii to supiHirt her on a ' , r' " ’hnitely repressed, and one of great in terest. The old political * 1 . . 1.1 . Will «ell lot« iu Anna from $3ffi lo RW. throne and to rule over them without • « . wt eith er have to posit some econom y doe« not to-day enjoy any pre«- j . . Will «ell lota in Chicago «siditiot» to »'■"X, or else conceive th e sin- tige which will prevent the world from t h d r consent. The sooner thia girl g.ta Florence « heap ami on easy term«. Pt' t.u ,, of everybody saving in “ "T " 'h a t som ebody else will L 'H »pend. T he w rite r to w hom r^ r «h '■* p lainly enough th a t a of « r i n g , actu ally leads to de- , 7 ’ M Jtal in foolish am i risky dl. . «‘•«Ployed in o rd in a ry ...F>s *,f,lablisiied lines of r'* • p‘ rinetion wonld have liven 1 ' If while the remainder I tion of mere science or v/lricb all earneet it is th e question with and hum ane mind« should grapple and w hich they should not abandon or re- lease until they have «ceo some way of Thia lilw’rul offer »,»• in a d v a n c e to plica n iille „ nil old n* ««*11 ; nified m anner oí the question, " hat new p a tro n s . K» im xn»*r it « •*’* done with e<-pre«idcwt« «o y o u o n ly tw o d ollar* for tw o |m* « h a ll be iiitw « an !<• aeeM far as he is <»»<• rnid. Indeed, there p en t. S a m p le <v>p neva<hiw iicuo any caore fo ra rrryn,-»o at t n s »“