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Will It Decrease?

Will It Decrease? image
Parent Issue
Day
6
Month
September
Year
1893
Copyright
Public Domain
OCR Text

The questionof tlie hour in Ann Arbor is wbether or not the financia! stringency will geriously affect the attendance ai the University. Doubtlesa nuc wbo had intended to comethisyear will be unable becanse their párente cannot afford it, orbecause they themselveshad depended on getting work during the suniuicr to pay their way in college. But there is another side to the question. The panic has been a rich nian's loss as mach asa poor man's, and many a wealthy person whose income is f rom factories now closed or running on half time, or who cannot collect what s duo hiin in rents aud interest, is feeling the crisis very sharply. He had intended to send bis children to Harvard, Yule, Chicago, or some other expensive institution, lut now íinds he cannot aftbrd it. Still be wants to send them to college. So he looks around to flnd that he can send them to Ann Arbnr, where they can get just as good an education for half the inoney. In fact they can live here cheaper tlian it often costs them at home. Therefore, the panic is more apt to hurt the expensive institutions thanit is the University of Michigan, which boasts of being the great Commoner's University, for it will draw from the others to make up what it otherwise loses It is said that a burned child dreads the lire, but by the frequency with which citizens of Ann Arbor are caught iu silver mining Bpeculations, one must begin to doubt the truth of the adage. The hope of attaining fortunes rapidly is so bewitching, and the tales told of sudden great richea made iu this sort of speculation so dazzling, that the tempter succeeds when success wonld seem impossible. The man who gftmbles away lus wealth in a game at carda has the satísfaction of seeing the cards played that robs him of bis monoy, bot he who invests in silver mines does not have even that satisfaction. It is like taking gold and silver and throwing it into a bottomless pit, lined with moss, for yon can not even have the satisfactiou of hearing the coin jingle as it falls. But such is life. When our friends are lured to ruin we sympathize with and sorrow for them, and sincerely wish their bitter experience might have been saved them. The vote in the House on the repeal of the Sherman act and ou free coinage may be of interest to some of uur readers. It may be well to ent it out and preserve it for future use: Veas. Naya Vote on the rapeal blll ■■ no i.bpubllcaDS lor Keit'jil 110 Demócrata for Repeal... w Republicana ag&lnst Repeal - - M Demócrata against Repeat 75 Ppouliete against Repeal. 11 Vote on the amendments providing for free coinage of silver : Ratio. Vi-i-. Nays 16 to 1 --- 188 ■& 17 tol - -100 MO 18 to 1 - 102 -"'.' joto 1 IOS Ï87 ■20 to 1 11 . m To revivo Bland Act 188 318 The tenth census shows that 13,000,000 inhabitants of tlie United Statea are supported by agricultura, 11,520,000 by manufactures and 15,620,000 by commerce. Demócrata who are accusiug the McKinley law of looting the treasury seem to forget the fact that tho Congress which had 150 Democratie majority during its two yeara passed appropriationa amoonting to $38,498,000 more than the Republican " billion dollar Congrees," which preceded it.

Article

Subjects
Old News
Ann Arbor Courier