The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1879-03-21
SOLID PROSPERITY.

One of our prominent merchants hand
ed us, yesterday, the circular OF Dun &
Cos mercantile agency for 1873, and
called our attention to the fact that its
record of failures exhibited, in Il very
striking manner, the solid prosperity oi
Kansas.
We found upon examination, that the
population Of Kansas is estimated al
10000. During the year 1878 the num-
Der of business failures in this state ag.
gregated $500, and the failures reported
numbered only Al, with liabilities aggre
eating only $647 .902 Thus the failures
in Kansas averaged during the past year
only one for every two hundred and one
firms engaged in business.
In 1878 the failures of business in Kan
saS numbered "a; in 1874, "a; in 1919
81; in 1876, As; i'll 1877, 80 and in 1878,
H-showing steady decrease since
1874.
In Missouri the firms i'm business. dur
ing 1878, aggregated 26,S1S, and tho
failures 26S, OF one in every 100.
In Illinois the business firms number
ed 51,O75, and the failures aggregated
S32, or one in 81.
In Iowa the business firms numbered
% $50, and the failures for the year 400,
or one in every 5115.
In Nebraska the firms in business num-
bered 1929, and the failures log, or one
in every 81.
In Indiana the business firms number
ed %, 4O2, and the failures 314, or one in
every 30.
These illustrations will show how few
were the failures, when compared with
those of other western states. The bust
ness firms of the western states of Ohio,
Indiana, Illinois, Michigan, Wisconsin,
Iowa, Minnesota, Missouri and Nebras-
ka aggregate 232 ,010, and the failures in
all of these states, for the year 1918, az
gregated 1892, or an average Of one in
every $751;. In Kansas the average was
only one for every POI.
The business firms in the six New
England states numbered 20, 765, and
the failures 1,734, or an average of one
in 46.
In the five middle states and the dis
trict of Columbia, the business firms
numbered 229,3 1886, and the failures
j, 1879, or an average of one in 7115
The thirteen southern states had o.
291 business firms, and the failures were
l ,41J, or one in every Is.
In the Pacific states and territories.
including Colorado, the business firms
numbered 2S,361, and the failures 694, or
an average of one in every Al.
In the whole country, excluding Kan
sas, there were 665, S1S business firms,
and the failures aggregated 10,434-an
average OF one in 6315. In Kansas the
average was only one in every 201.
These figures are remarkable They
conclusively establish the truth of the
assertion the Champion has frequently
made, that Kansas is the most solIdly
prosperous state in the Union. Kansas
is, as the whole country acknowledges,
growing more rapidly than any other
state in the Union. Her crops for 1873
were the largest ever produced in any
state in the Uuion. Her soil is richer
and more productive, her climate is
more equable and healthful than that
of any other state of the Union. And
the official reports of all the mercantile
agencies of the country prove that the
commercial business of Kansas is on a
more solid basis, and is more prosper
Gus than that Of any other state in the
GENERALIZATION Dolly Champion