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Such training educates. But that would indeed be a sorry program of education which blinked the fact that the student must be rendered responsive to the nobler ideals of the human race, that his eyes must be opened to the immanent values of life. If a clear title to forty acres and a mule represents the extreme upper limit of a black man's ambition, why call him a man?
As a matter of fact, for a period of years just preceding the panic of 1893, values were more or less inflated, and many people who thought they were wealthy found that the actual facts were quite different from what they had imagined when the hard experiences of that panic forced upon them the unpalatable truth.
This, of course, cannot provide a satisfactory solution to the problem, for no new life with new values is presented to us. It is a religion devoid of hope, for it does not point to a higher life. "A wisdom of world-denial, a calm composure of the nature, an entire serenity in the midst of the changing scenes of life, constitute the summit of life."
The depression that overtook business, the disaster experienced in agriculture, the lack of employment and the terrific shrinkage in all values which our country experienced in a most acute form in 1920, resulted in no small measure from the prohibitive taxes which were then levied on all productive effort.
The financial panic of 1857 had been accompanied by a depression of land values, which caused Douglas grave concern for his holdings in Chicago, and no little immediate distress. Unable and unwilling to sacrifice his investments, he had mortgaged nearly all of his property in Cook County, including the valuable "Grove Property" in South Chicago.
We do not, cannot, under these circumstances, see anything exactly as it is: its appearance is influenced by its importance for us or by the degree of approval, or disapproval which we ourselves attach to it. When our life becomes a dream, our sphere is broken into and usurped by the changing of values, shapes, and appearance of things within it.
In the abstract or at large, apart from the needs of a particular situation in which choice has to be made, there is no such thing as degrees or order of value. Certain conclusions follow with respect to educational values. We cannot establish a hierarchy of values among studies.
By lightly scraping with a sharp penknife or scratcher, before or after the pen work is done, a more delicate gray tone may be obtained, while vigorous scraping will produce an absolute white. With the pen work added, it will be seen that a good many values are possible; and, if the drawing be not reduced more than one-third, it will print excellently.
An Englishman living in England might rightly be taxed for the protection to life and property and the enjoyment of privileges which she afforded him, and which he, through a representative parliament, created; but England gave no protection to her colonies, and the colonists were not represented in her parliament; neither had the English government been put to any expense or trouble in bringing those colonies into existence; to tax them, therefore, was an act of despotism; it deprived them of the right which all Englishmen possessed to the fruits of their own labor; it robbed them of values for which no equivalent had been yielded; and thus, from freemen, made them slaves.
Food prices in particular are apt to respond to different influences than those governing the general price level. However, it is only from the course of change of the price level representing all important commodities produced within the country that it is possible to get an indication of the change in the total conglomeration of market values, which has been called the product of industry.