The Arts of Life

Cover The Arts of Life
The Arts of Life
Rogers, Bruce, 1870-1957, Former Owner. Dlc
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So in a like round, the bank sells the use of money to the farmer, taking his bond or promise-note, puts the amount to his account, permits him to draw checks, and receives at last what has been paid him for the apples, without handling money at all except when the holder of a check asks gold or currency for it But the apples or money must be there, when the receipt promising to deliver the apples or the " bill " promising to pay gold is presented. This is the " course of trade " when the West ...has to "move the crops," and borrows money from the East to do it ; happily the West also has now money to lend to the East when it is needed for Eastern mills. This is the round which corresponds in economics to the 146 Digitized by Google OF BUSINESS wonder-workings of water throughout nature, as from the ocean the sun draws vapor to make the clouds, and these shed rain upon the earth to water bounteous crops, and the forests gather drops for the brooks, and these make the streams which are dammed to turn the wheels of mills and slake the thirst of cities, and at last the rivers return to the sea in the completed cycle.

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