Kansas agitator. [volume] (Garnett, Kan.) 1890-1905, 1891-08-04
PROSPEROUS STATES.
WHAT THE BRADSTKEET MERCAN
TILE AGENCY SAYS OF THE CONDI-
TON AND PROSPECTS OF TRADE IN
MISSOURI AND KANSAS.


Kansas and Missouri. Mr. Albert
streets agency in Kansas City, was
struck by the figures shown by COM
pariSon of the business failures in diff
in $780, The number of failures, Mr..
HoughtOn says is unquestionably true
index of the stability and prosperity OF
state. Few failures mean good crops,
good prices and general confidence.
Many failures mean just the opposite.
The remarkable feature in the COM
par.son of Kansas end Missouri with
other states in the matter of increase
or decrease Of failures is that these two
states not only show up better thar
those further east and north, but make
amuch better showing than the other
western states.
For the first six months Of 1891 Mis-
souri, had $50 failures against 2lO for
the corresponding period of 1890. This
was a decrease OF 40 per cent. In other
words there were nearly one-half more
failures in the first six months OF 1890
than in 1891. In Kansas there were l73
failures in 1890 and 100 in 1891 Here
is also good decrease OF misfortune
Nebraska shows up on the other side OF
the line. In 1890 there were
1873 failures and in 1891 there
were 254. All these figures are for the
first SIX months Of the years mentioned.
Nebraska therefore, shows an increase
OF over 100 per cent in the number OF
failures. These figures are given with
out comparison of the number OF bust
ness houses in the several states but
when it is remembered that Missouri
has $1,000 names, Kansas 25,700 and
Nebraska IS. 400 it is seen that the pro-
portion of successful business enterpri-
ses is still greater in Kansas
ana Missouri. Texas, with her
3S.S0O names had 36l fail
urcs in 1891 and no in $780, showing a
bic increase in that state also. Colo
RADIO had 95 failures in 1891, against sc
failures in 1890. Iowa had 129 in 1891,
against llS in 1890. Utah mad 81 in
1897, against in 1890.
An extract from the official report is
as follows:
Those states showing relatively the
larger increases in the number OF fall
ures are: Connecticut 30, in the north
east group; Pennsylvania SO. in the mid
die states group: Georgia 60, Texas 81,
Tennessee 81, Alabama 81 and Louis
lana 80, in the group of southern states:
Ohio IS, Kentucky 40 and Indiana u.
among the western states: Nebraska
146 more than 100 per cent lncrease)
Montana 30 and Iowa H. among north
western states: Oregon SO. among the
Pacific states, and Utah 26."
These figures and facts are summers
to those who are crying hari times in
Kansas and Missouri. 1t is settled
fact and an indisputable matter of his
tory that failure follows poor crops and
unwise speculation. 1t is us certain that a
falling off in the humber of failures
show condition of affairs opposite to
that above mentioned. The real wealth
of the country is governed by what it
produces either as crops or manufac-
tured products or both, and the COM
mercial agencies SO regard it and gov
'ern themselves accordingly. The
Bradstreet people are more than salts
fed that Kansas and Missouri are on a
better basis than any other western
states. They are SO well satisfied OF
this, in fact, that they are willing to
give out this report to the public with
the assurance that, Judging by their
long experience, it means something,
and that something rs altogether favor
able to the two great sister states with
their inexhaustible resources and their
vastly improved natural conditions for
the raising of good yearly c. ops.
st is an unquestioned fact that the
climatic conditions are every year
growing more and more favorable, "
says Mr. Houghton. sit is something
difficult to explain, but it has been the
history of every new country. With
improved conditions Of climate and a
thorough recovery from the speculative
ideas so common 70 the people Of any