New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-25
r.,,r yr,s1-Rr or PROSPERITY
~ CANLlSLES MINI
t,,. rrrrcpApU TO THE TRfBTSEl

,,,.,-,,,sTrEGr%ER WILSON SAYS IT l. POSTAL
rrcrrr,rs- WHAT THE BANK nEroRrS SHOW.
y.,.nt,e,on April q tSpcrian.-Postmns'er-E"n
.i wilson has found that mo-" stamps were so'
D., last quarter than IN any other ID inc H'S'"''
~ the postal seryic-. and argues that 'h' proves
,,roancrlty He jumps 20 the concusion' 'F t''''"
;, ,t postaec stamp sales. that tnc promised pros
-, h,.h vas 10 follow the enactment OF tA'
,,.u.,r Tariff law has come. Probably h" might
oi., have found had he investigated th't iho'c
loov.e OF bread moro bushels or "'eH WIZ
oa,cn for as the population OF the country increase
no demand for food and postage stamps hatuTAI'y
Increases There has been ony A single year In t"e
Las, decade In which the receipts OF the fos'oH''
,,.,a,,,,cnt have not increased enormously. ana
as rho receipts are practically all from the sale %
o,omns II IS safe 10 assume that the stamp s''s W.
en- on increasing year after year. as the poPu"''""
81 IN. country increases. The population o' ''c
country increases about 10000 every year. ana IL
is no, surprising that the business OF the Fost'''
,,,,-,,,cnt and It's sale OF postage stamps shoulI
,orn,so Unless Professor Wilson assumes thdt
there IL no Increase In the population OF the 'o'"-
tr, he can scarcely argue. with property 'h'' an
Increase in the number OF letters written necessarily
means increased prosperity MI,
~ MIR Wilson desires really to t.sr the condluoh
~ tho bislncss OF the country, excellent oppor
tunity Is lust now offered IN the report "t thc con-
dltion Of the National banks Of the country VINO"
thc Controller Of the Currency has issued VIM"
tho last few DAYS The business OF t'c .\i''o''"'
h,nks f. a better measure. probably. OF the pos
rer,tv 81 the people Of the United states lAan
my other test that be found Nunp''"b
roarlv CD they pcrrncate every community, ana
chair husiness touches the whole people. II there
"a nrosn,rty they feel 1t at once II there IS dd-
vere,,v they are the first to recognize H. In th''
donoaI,s on the one hand and loans and discounts
q, the other they are the most sensitive barometer
that IA afforded the student Of National coAdi'''"S
with increased prosperity come increased oills '''
discounts Activity In loans ana discounts 'ioni,o
.ral - activity an! genera business oSP'l's
T'pe r.norfs OF the National banks snow, conlP"I-
ing the loans and digcouHts WIN VIZ i"'i' al
hand from which such loans can De mace, az ~ H.
there has been steady increase III ' Pi,ccrrase
| of tie country, there has pe'i " W.
| OF the loans and discounts. .rot ny ny 'u;
| In, there has been ac'ual idu''S 20"
IN Tho rnrcentaee OF loans rom The aydilaDIr hluH
on hand for that purpose. Inc iui'ns u Ut ",o,k
the banks make their loans are uvi vr'''di 49, -
surplus undivided protts a.n n,n", of theso
cour tcme is Given for each year IN the IaNt GeSa",
ana with It me total loans q na',o",' h ,otai
! the pe-ccntaSe which the loai,n p' ~ T., yin he
s'cn that not only are the loans ana discounts
actually less this year than last despite ,mc IN, IN
creased population, but thai thoy H. ~ shn,r ~ :.
| ncrccntagc OF the loanablc funds ON hand SloN'h@
| a c,lIinC off In business both as measured py pop
ulaion and by the available iunhs W.tn "a
| do business The figures OF the co'u' sroch mr.
plus fund undivided profits ana lnilViduni 1 ia
Ihose OF the second column are IN" lpIIS "'i u's
counts reported by the hanks. The thlrd coui,im
| shows the percentage OF the loanaDle tuHu" ~ 10
| loaned II will be observed that there is laiI!lb
| off i'm the lOanablc funds since the present ~
| inInIstraton came in, a larger laIlhS on III !nc
| percentage OF the capital OF the country WIN" -
| kent I'm active business channels