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Updated: June 8, 2025
And if any man cannot see it, it is because he will not look beyond his own nose. Now as to saturation. We are continually asked: "When will you get to the point of overproduction? When will there be more cars than people to use them?" We believe it is possible some day to reach the point where all goods are produced so cheaply and in such quantities that overproduction will be a reality.
With the outbreak of hostilities the General Assembly prohibited the exportation of tobacco to the British Empire. Frequent overproduction and the numerous wars during the eighteenth century seem to have caused more violent price fluctuations than those of the previous century.
"What name did our ancestors give to the various economic disturbances which they ascribed to overproduction?" "They called them commercial crises.
Instead of a steady progression we go ahead by fits and starts now going too fast, now stopping altogether. When a great many people want to buy, there is said to be a shortage of goods. When nobody wants to buy, there is said to be an overproduction of goods. I know that we have always had a shortage of goods, but I do not believe we have ever had an overproduction.
NATURE'S METHOD. To such we reply that nature herself has provided to some extent, against overproduction. It is well known that women, when nursing, rarely become pregnant, and for this reason, if for no other, women should nurse their own children, and continue the period until the child is at least nine months or a year old.
The government now began, and continued by spasms to grind out still more paper; commerce was at first stimulated by the difference in exchange; but this cause soon ceased to operate, and commerce, having been stimulated unhealthfully, wasted away. Manufactures at first received a great impulse; but, ere long, this overproduction and overstimulus proved as fatal to them as to commerce.
This complication is to be avoided, not only because of the unpleasant symptoms which attend it, but also because for the time it brings the usefulness of the breast to an end. Fortunately an abscess seldom impairs the breast permanently. At any period of lactation there may be an overproduction of milk. In this event the breasts are likely to become distended, hard, and very tender.
As capital expanded, and new machines of production were added, there were more and more goods to sell, and more and more difficulty in finding markets; and so came overproduction and unemployment, panics and crises; so came wars for foreign markets with new opportunities of plunder for the exploiters and new hardships and new taxes for the producers.
The average price of farm produce has fallen to about 80 per cent of the levels of 1928. This average is, however, greatly affected by wheat and cotton, which have participated in world-wide overproduction and have fallen to about 60 per cent of the average price of the year 1928. Excluding these commodities, the prices of all other agricultural products are about 84 per cent of those of 1928.
A minority respectable in numbers and prominent for standing, approved of his removal, alleging that the movement would be mutually beneficial, that it would induce white immigration, relieve the congested overproduction of the staples of the Southern States, introduce a higher class of industries, and simplify the so-called problem by removing the bugbear of Negro domination by means unobjectionable.
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