The Providence news. (Providence [R.I.]) 1891-1906, 1898-08-19
ruR YANKEE EXPIRE.

~~""~~~T~--
hence?
The unparalleled quietness in nearly
all branches OF business over the en-
tire globe for 80 long a time past has to
a wonderful and unexpected extent de-
veloped and utilized hitherto dormant
energies so as to bring much latent in
dustriai resource well to the front. Our
Yankee blood is so rampant in our
veins that many are disposed to feel
that unless business OF every nature
is actually rushing and driving US that
nothing is being accomplished. But the
facts are that true Yankee blood so
thoroughly controls us there is no such
thing as keeping still or stopping us
from developing new practical business
enterprises or materially improving old
designs. and formulas in seasons Of
apparent inactivity.
A careful statistician has recently
complied some figures for the decade
ending in 1895. which it is good not only
to carefully study, but to remember
the solid facts presented to enable us
TO realize just what kind Of country
this is of ours.
knowledged and accredited as the fun
damental basis OF all solid business.
The principal pig iron producing coun-
tries of the world are France. Germany.
Great Britain and the United States.
In this same table. as compared with
previous complement, the result
shows that France increased its pro-
duction about go per cent. Germany
about 26e per cent, Great Britain about
10 per cent. and the United States about
800 per cent. The same table. referring
to iron ore, says that for the same time
that whereas Great Britain and Ire
land have decreased over four million
tons, the United States had increased
nearly ten million tons.
In coal, Great Britain and Ireland
increased about IS million tons, Ger
many about So million and the United
States about l15 million. In cotton the
consumption in Great Britain increased
about 5.401, 900 tons per annum and the
United States 5.14sOoO tons. but this is
from 1880 to 1895. commencing at a
period when manufacturing in this
country was in its infancy.
Since 1870 Great Britain's consump-
tion of cotton has increased by one
fourth, while that OF the rest Of Europe
and the United States has doubled.
or railways. those in this country
were increased nearly times Ger
manys and 23 times Great Britain's.
In wheat our country produces about
one NTH. the British colonies some
thing more than one-eighth and Ger
many less than ene-twentieth Of the
total production OF the world.
OF gold and silver the United States
produces about % per cent. OF the gold
of the world, and about So per cent. of
the silver.
In commerce, the imports and exports
in Great Britain have increased about
2M per cent, while Germany and the
United States have Increased about Is
per cent. and France decreased.
In increase Of population during the
last ten years the United States shows
"a per cent, British colonies and Ger
many about IL per cent. Russia II per
cent. and Great Britain and Ireland
nearly per cent.
These are solid facts. and each plain
ly points encouragement for future
efforts. Our country is so large and SO
diversified in it's interests that while
one portion or one industry may not
prove as profitable as we would wish,
other portions in other branches reach
satisfactory result. and SO. as a
whole, we are prospering. While. to be
cure, two of our most important local
industries. viz, cotton and woollen
manufacturing, particularly the former,
do not promise any brilliant future
prospects, we must remember at the
same time. while our cotton manufac-
turers are discouraged on every hand.
that almost unlimited numbers of west
ern farmers have been enjoying an un-
usual prosperity, and also remember
that they are part and parcel OF our
land, and no one portion can prosper
without benenting the rest. IL 1t is a
stubborn fact that the palmy days of
cotton manufacturing in New England