Outlay Of Money: GRESHAM'S LAW, gresh'amz, in economics, is usually stated as "bad money drives out good." The law stems from the fact that money has a value both as money and as a commodity in the open market. The former value is set arbitrarily by law and is relatively fixed; the latter is determined by supply and demand and varies from time to time, "Good money" has a higher value as a commodity than as money and will disappear from circulation.
The continued success of puppetry depends not only on the variety of uses to which it is put, but upon the qualities which differentiate it from other dramatic forms. Because it is free of actor personality, it is an ideal medium for religious drama and heroic legend. Because it is not limited to realism, it may be used to explore telescopic, microscopic, extrasensory, or subconscious realms. It produces its effects with a small outlay of money, material, and personnel. It is highly portable; it fits into small spaces; it eludes regulation, organization, and standardization. In the hands of a versatile puppeteer the whole show, from first design to final presentation, may have the unity of personal control.
The history of rice culture in Louisiana dates back to 1718, but, during all the years prior to the Civil War, this industry was confined chiefly to the parish of Plaquemine. Experience had shown, however, that, in Louisiana, rice was a sure crop, upon which a fair price could be realized quickly without the outlay of a great amount of money, and so, in the uncertain days that followed 1864, it was to rice that the planters turned. Although many difficulties were encountered in adapting prairie wheat-growing practices to rice culture, the efforts of these planters were finally successful and soon made Louisiana the large rice-growing state.
|
|
Photography
