The Hard Times (Classic Reprint): Agricultural Development the True Remedy: Agricultural Development the True Remedy (Classic Reprint) - Tapa blanda

Smith, Franklin Webster

 
9781330793657: The Hard Times (Classic Reprint): Agricultural Development the True Remedy: Agricultural Development the True Remedy (Classic Reprint)

Sinopsis

This book introduces to readers the idea that the country's recent economic downturn is not a momentary issue that will quickly resolve itself but instead a more permanent shift due to severe fiscal irresponsibility. The author argues that this is primarily a result of recently ended wartime spending and a speculative frenzy which inflated values and led to overproduction and subsequent economic collapse. The author suggests that returning to foundational values such as agriculture will be the best path back to prosperity and outlines a plan for achieving this goal. These insights will be of great value to readers interested in economics, history, and politics.

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Reseña del editor

Excerpt from The Hard Times: Agricultural Development the True Remedy

The more quickly, therefore, it is recognized that there have been potent elements of disaster in late nominal prosperity; that the figured increase of national and individual wealth has been a false basis of confidence, because, fictitious; that highways to wealth, as supposed, have developed irremediable quicksands, and are forever closed; that these later days of sudden accumulation are to be fol lowed by Old-time Slow and steady gain; that industries in former channels are blocked, and must be diverted into new courses, or disappear, - the more quickly these are apprehended as unmanage able and uncomfortable facts, the sooner will the practical judgment of the people divert their ener gies into new and wide fields of promise, now waste and neglected. We would, therefore, append some evidence.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Reseña del editor

Excerpt from The Hard Times: Agricultural Development the True Remedy

The writer of the following papers has personally never had any interest, direct or indirect, in lands of any State, or in stock or bonds of any Railroad or Land Company, that could be affected in the least by enterprises such as are herein proposed - excepting the ownership of a few U. P. R. R. bonds, sold ten years ago.

The topics herein discussed are by no means of late interest to him. Twenty-one years since, he wrote as follows: -

[Correspondence of the "Boston Daily Journal."]

Columbcs, 0., Dec. 13,1856.

"Thus this railroad enterprise (the Illinois Central) has made marketable to both government and the company, a wide territory; while land ownership, the greatest boon to the poor, is offered to the poorest." &c., &c.

Again, in 1876, the subject was agitated in the "Richmond Enquirer": -

[Correspondence of the "Enquirer."]

Boston, Jan. 27, 1876.

"I have recently been so much oppressed by sympathy for young men out of employment, that a thought in their behalf suggests this communication. The inquiry presses, What is to become of them?

In primal California days, companies of such young men aggregated their capital, loaded ships, and sailed for San Francisco; many of them becoming successful and honored citizens. The mayor of San Francisco, recently deceased in honor and competence, was a schoolmate of the writer, in Boston, thirty years ago," &c.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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