The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1897-08-06

low the marauders over the line and
punish them if they have TO march into
do 1t. Just at the moment of that
threat being communicated to the
Porte, Russia steps in and makes Ser
via a present of p ,000,0 cartridges
and 10000 rifles This is full of mean
ing. Servia. once the head of the Slay
race is fired with an ambition to re-
pie are jingoes and spelling for fight;
a tussle with the Turk would please
them better than one with any other
Power. Servia has a grudge also con-
corning the seizure of East Rumelia
by Bulgaria, and would like to make
even by taking Dobrudscha from Ru-
mania. Servia also has longing eyes
cast upon Now Bazaar the same prize
Austria Hungary desires. Russia will
probably not object to the Servians
pitching into the Turk, but she will
never permit the little State to acquire
territory as a result Russia has her
own ideas about the division of the
map of Europe, and does not propose
to permit any nice pieces to fall into
any basket except her own. 1t is
probable therefore that the secret en-
enlargement the Car is giving the
ServianS Is because he loves his own
interests better than Servian triumphs
1t is a sad mess all around.
It seems almost marvellous that bank
deposits should now have risen in Kan
sas to the figure they filled in 1892,
derfully large. Since March 9th of this
year The deposits have increased in
Kansas over 100000, and for the
first time in the history of the State
the deposits exceed the total loans.
Evident conditions of improvement are
not confined to Kansas where the
farmers are rapidly discharging their
debts, and business is remarkably brisk.
Loan Agent Mckinney of Sioux Falls,
South Dakota, says that $50, 100000
would just about cover the aggregate of
debt hquidated in that State in the last
four years. The fact that when four
years ago hard times fell upon the Da-
kotas, the people stopped going into
debt and entered upon a course of rigid
the present rapid discharge of debt in
that State. Besides, in the last two
seasons, the Dakotans have had good
crops, and last years products have
sold at high prices. 1t is estimated
that the creamery interests have
brought $3,000,000 into South Dakota
alone. and stock interests some S25,-
coo 600. a money agent who has ST.
100000 out in that State says that 80
per cent. of the borrowers are now
paying up in full at note maturity, and
most OF the remainder are making par
tial payments. For every mortgage
now recorded five are paid off. so that
three and a half years or more of
hard times in that section have proved
to be really beneficial to the people,
by teaching them how to economic,
and by stopping the drift into debt.
From Colorado we have accounts that
the people of that State have reduced
their indebtedness over $1,000 900 since
the year 1897 came in. From Iowa
comes the statement that money was
never so plentiful as now in that State.
Though last year the agriculturists lost
$50 100000 by the hog cholera cpl
demic, this year very few of them are
behind hand with their interest, and
many are discharging the principal of
their Indebtedness. In North Dakota
the advance in wool has saved to
growers hundreds of thousands of dol
lars, and other conditions have put the
farmers there into a greatly improved
condition. In the west generally money
is plentiful and begging for investment,
crops are large, prices high and bust
ness is rapidly becoming brisk. I'm
ports must now fall off while the vol
ume of agricultural exports promises
to be of the largest in our history, so
that as foreign exchanges must soon
turn in our favor imr orts of money
will greatly augment, in the opinion
of New York financiers.. Clew's last
Financial Review argues that the
change in tariff duties will have an inn
mediate effect upon manufacturing in
terests and hence we may say with
confidence that all around conditions
are growing better. and the stress of
hard times is relaxing.
A San Francisco contemporary COM
menting upon the Record Union's'
suggestion that now is the time for the
airship peOple of last year to trot out