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Neither is this disaster to be feared, but in adventures, where the soul is overextended with desire or respect, and, especially, where the opportunity is of an unforeseen and pressing nature; in those cases, there is no means for a man to defend himself from such a surprise, as shall put him altogether out of sorts.
Now, besides exchanging material goods, West Africa and the Arabs became involved in a steady exchange of scholars and learning. The success of Mali in bringing law and order to a large portion of West Africa was responsible for its decline. Having experienced the advantages of political organization, many localities sought self-government. In fact, Mansa Musa had overextended the empire.
"Observing all of which, I says to myself, I says: 'If ever Emily should start to cramp, the world's cramping record is also in a fair way to be busted this afternoon. I certainly do hope, I says, 'that Emily don't go and get herself overextended.
In bad times sound and solvent firms are anxious to enforce all their contracts promptly so as to protect themselves against those that are overextended; an obligatory suspension of business compels these solvent firms, in many cases, to help carry the risks of the insecure ones and deprives the provident man of the safety to which he is entitled.
"Where do you live?" "Augusta, Georgia." "What's your business?" Mr. Kahoots visibly expanded. "I have street fair and carnival of my own. I have electric theater, old plantation, Oriental show, snake exhibit and merry-go-round." "Well, well!" exclaimed Mr. Tutt. "You are certainly a capitalist! I hope you are not financially overextended!" Mr.
"A tragedy." "Imprisoned! By whom?" Taller scowled. "I don't like this. After all, he was your expedition's head man." Barry Watson rapped, "Don't leave us there, MacDonald. What happened to him?" MacDonald explained. "The financial and industrial empire he had built was overextended. A small crisis and it collapsed. Thousands of investors suffered. In brief, he was arrested and found guilty."
It is rumored, quietly, that they are overextended." "I wouldn't care how thin I was stretched if I had their gamble," McWade asserted. "All they have to do is to sit tight. The law of average will pull them out. What do you intend to do?" "To begin with, I intend to stretch them even thinner so thin they'll break, if that is possible." "You can't load them up with more property."
It is impossible to provide by law for an assured success and prosperity for all those who engage in farming. If acreage becomes overextended, the Government can not assume responsibility for it.
"I don't know; I guess they could do it if they made up their mind to." "But he owns a majority of the stock!" said Montague. "They can't take it away from him outright." "Not if he's got it locked up in his safe," was the reply; "and if he's got no debts or obligations. But suppose he's overextended; and suppose some bank has loaned him money on the stock what then?"
As emphasized in my last message, the Government should assume no responsibility in normal times for crop surplus clearly due to overextended acreage. The Government should, however, provide reliable information as a guide to private effort; and in this connection fundamental research on prospective supply and demand, as a guide to production and marketing, should be encouraged.
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