Norfolk High School - Milestone Yearbook (Norfolk, NE)

Page 18 text:

THE MILESTONE ally and all collectively, should do our utmost to hinder and discourage all sorts of booming.

Page 17 text:

THE MILESTONE. 15 elsewhere. Business comes to a standstill and a general collapse ensues. The real estate boom is even worse than this. It is generally accompanied by manufactories. People are attracted to the place by the boom, see the unnatural activity which it brings on, believing it to he the true state of activity that exists at all times, are induced to buy real estate and homes. Then the boom bursts, employment gives out, the price of real estate falls away down below its original standard and the people who have invested are compelled to sell at a sacrifice; thus losing money or to hold onto their property with nothing to do. Business comes to a standstill and the people experience what is known as hard times. From this kind of a boom and its burst, it takes a town years to recover; in fact many towns have never recovered. The best example of this is the town of Pithole, Pa. Oil was discovered there and immediately there was a great real estate boom. People flocked there from all parts of the state and bought property. It became a large town; had street cars, free mail delivery, large hotels, fine opera house, city water and, in fact, all the improvements which make up a city of modern times. Then the boom bursted, and today there is not a sign, not a thing, to intimate that once there flourished in that place, a thriving city. Even the railroad has been taken up. We draw our lesson from this, for indeed there is a lesson and it is this: Every boom has its relapse, just as sure as all action is equal to reaction, and we. the people, each individu-

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1VIUD. Jane Hawden. A teacher once asked her class for a definition of dust. A diminutive maiden answered: “Please, ma'am, it's mud with the water squeezed out.” It is well known by the average small child that mud can be obtained by mixing water and dust. What wonderful pies, puddings, delicious cakes, in fact every thing ever made by careful housewives are concocted by the little ones in their play-houses. As the child advances in years, outgrows mud pies, it begins to have an ab-horence for mud. It forgets how joyfully, after a summer shower, the harefeet had sought the muddiest parts of the road, and thought nothing of soiled garments till met by mother’s reproachful look. The animals, however, do not work in the mud for amuse-ement. Whittier speaks of “The black wasp’s cunning way, mason of his walls of clay, ’ and also tells us that, “The muskrat plied the mason’s trade, and tier by tier his mud walls laid.” Different animals, as well as man, use mud as an application for wounds and bruises. Those who have had experience will remember how readily mud, when applied to a hornet or