The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1885-03-03
What the Future Promises.

York Times of a recent date i isserta
tom on the extraordinary growth and
prosperity of the country in the last
decade, which, says the Shoe and Leather
Reporter, sis so replete with interesting
facts that we reproduce it entire. There
is not a word in it that will bear omiS-
sion. The last sentence in it embraces
all the comment we see any need oil
making upon it. The picture is not
highly over-colored, and the conclusions
we draw from it are that the future
promises prosperity:
In the ominous predictions that are
being made about the evil effects of the
recent panic and the constant illusions
TO the panic of 1873, with its years of
subsequent depression, no attempt is
made to compare the general condition
of the country at each of these two
periods. The last decade has added an
enormous amount of wealth. popuia-
ton and development to this country,
as a glance At a few statistics will show.
To go into comparison OF imports and
exports. the increase of tratflc with
foreign countries, the immigration and
its benefits to business interests, etc,
would require great deal of space and
tiresome detail. A few facts relating to
the chief points that show the growth
and prosperity OF the country between
1873 and 1884 will suffice In the first
place, the population has increased
from 50, 500. 900 in 1870 TO 80, loo, UUO
in 1880, by last official census, and
is now probably not less than &c.
00Q, 600. Next comes the magni-
tude of our crops. The wheat crop
of 1873, which was the largest ever
raised up to that time, was PSI, 000.0 900
bushels. This year the wheat crop will
probably reach 550, 100000 bushels.
The corn crop of 1873 was 3d., 100000
bushels. This year we may expect from
1,8O0, 900, 900 to 1900, 900, 900 bushels.
The oat crop of 1873 was 2S0,000, coo
bushels. In 1888 it was 81, 200, 900
bushels, and in 1884 will probably he
over 600, 000, 900 bushels. The newspa-
pers have been crying out that England
would not take our wheat at the high
prices at which it was held, but in the
past nine weeks we have exported Is
000, 900 bushels against the same period
last year, when we exported 1000, 00O
bushels. This, in connection with other
facts, leads to the conclusion that we
shall soon be in receipt of a very large
importation of gold.
The earnings of the Western roads
have more than doubled in the last ten
years. Chicago. Burlington & Quincy
showed earnings as follows: 1873,
Sl1 400, 900; 1888. S26, 100000 Chi
cago, Milwaukee & St. Paul-1873, So
0oJ, 900; 1883, S23, 100000. Chicago &
Northwestern 81, zoo, 900; 1888,
S24. 900, 600. Union Pacifc-1S73, S1O,-
000, 900; 1888, 81, 900, 900. Rock Island
1873, Sc, 4l9, 900; 1883, S12, 1S9, 600.
Of course, these roads have increased
their mileage and their capital stock
The total mileage in the United
1883, 12l, $50 miles. With the increase
of railroad mileage comes the extension
of the telegraph.
The growth Of the Western Union |
Company in the past ten
years, Us shown Dy their published re-
ports, is an evidence of the rapid in |
crease Of business during that period. |
This company hadin 1873, la, 900 miles /
of wire; 1888, 49,, 900 miles of wire, |
showing an average annual increase OF
$1,000 miles of wire. Their earnings
were in 1873, S9, 800, 900; in 1885, S1y,-
5000, an increase of over 100 pei |
cent. The number of messages sent |
were in 1873, IA, 400, 900; in 1888, A.
O00, 900. The number of employees was
in 1873, 10000; in 1853, 21,O0O. The
increase in earnings has been in the
face of reduction of rates from "a
cents in 1873 to 80 cents in 1883. The |
opposition telegraph COM
panies claim to have $1,000 miles of
wire and 600 offices. Twenty-Five years
ago day message from New York to
Chicago of ten words, on the produce
cost $3.50; to-day a single |
message of twenty words can be sent
over the same distance for twenty-five |
cents.
The Pacific Mail Steamship Company
in 1873 aid not absolutely own one iron
steamer. Out of their earnings in the
past ten years they have paid FOR 10
ron steamships, have a million dollars
N their treasury. and are now pairing a
quarterly dividend at the rate OF I'VE
per cent. per annum.
The anthracite coal trade, was. il
49,, 1920. o.. tons in 1858, $780,
100 tons. al increase of over L, Wa, 90
ons. The p.o .uciion of Yetroieum
Ma. in 49,, 1S7.Sl5,t 90 gallons; in
Is, 50l.9jl.o - gallons.
a few fac;a rc.a: n 80 the largest
cities East ani Ne,t WI &c &c rs ~
Indication OF t,c /" owth and p-cyrcss
+ the Whole country. In NcM York |
h. perfect system o! Gle .aicd IA lroals
AS grown from a ''onc-lec-ed ROAD
IN Ninth avenue End Greenwich s.reet
O forr doubie-track fullv-e uped
ines rum no the eatirc length Of Man
rattan Island. The number of passen-
Fers carried, was, in 1888. o., 900; la
$50, 9H,UOU,p0o. Inc earnings have
increased as fellows: In 1879, .,64, 100;
u 1853, :S6.00,G00
The telephone and electric light have
,een introduced within the last ten
ears and the GOLD and STOCK te!epranh