Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1899-04-28

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Holland ............... 4,9OO,OOO,OOO
Canada ............... 4,9OO,OOO,OOO
On an esimated basis of $11O,OO0,-
100000 as tie total wealth and of TO-
100000 as The population in 1900, the
average Wealth. per capita in the United
States Will show an increase of from
$1,000 in 1870 to S1,466 in 1900, or con-
siderably crater than that of any other
nation. heretofore the United States
has ranked fifth among the nations in
wealth per capita, the figures being
$1,000 for the United Kingdom, SLIGO
for Denmark, $1,12O for France, $1,OSO
for Holland. and $1,000 for the United
States.
The increase of 900 in the
total wealth of the United States in the
decade closing with 1900 is unparal-
leled in the history Of nations. 1t rep
resents a larger sun than the aggregate
wealth OF any other country ten years
ago. with The single exception Of the
United Kingdom, while the total of
$4,000, 10000 will be nearly double
that of Tie next wealthiest country.
The Federal census takes account of
statistics by decades only. If the
twelfth CENSUS could show the correct
figures for intervening years-for x
ample, tie aggregate national wealth
for 1895. under the fearful depression
Of values following the enactment of
the Wilson-G German free trade tariff of
1S94-the contrast would be a startling
one. Equally startling would be the
contrast between the national wealth
per capita in 1892, when protection and
prosperity went hand in hand, and that
Of 1895, when free trade had begun it's
deadly work.
Unfortunately, these contrasts can
not be Shown, and the countless bill
lions of shrinkage in material wealth
growing out of n ruinous economic pol
icy cur scarcely be approximated,
much less accurately estimated. 1t is
enough that the American people know
in a GENIAL way the tremendous differ
ence belween then and now; that they
perfectly understand what made the
country poor and what has assisted
to brins about the $45, ,OOO,O 900 of
%increascin national wealth in ten years
to the present. stupendous total of S11O.-
OOO,OOO,o0.
A Rejection of Improved Conditions.
The alvance in wages in cotton mills
is mercy q reaction of the improved
conditioa of the country. The pros
perity which has been promised for SO
many years seems to have m%aterialized
Mt last. The Advancement of wages in
the cotton industry comes at a time
when laarly all the industries of the
country are responding to the larger
employment of labor. The wooden in
dustry seems practically alone, for the
depression that has been dissipated in
other Industries still clings to this in
dustry. 1t would be unreasonable to
assume that the wooden industry can
long remain an exception to other in
dustries; there IRE already indications
which point to a revival Of trade in
wooden goods. Still it may be some
time bfore the industry finds steady
and Increased employment which will
permit Of any increase in wages. The
country. however, is headed toward a
long p.riod of prosperity, from which
labor will benefit as much us, If not
more tan, capital.-New York Textile
Manufacturers Journal.
We!l-Paij , nbOt.
This country is competing success
fully With the rest of the world, not by
demanding from its workmen twelve
hours labor at meager wages, but by
using yell-paid labor and the best ma
elmer. to improve the quality and in
crease the quantity of its products. We
are increasing the economy of labor
without reducing the wages of the ar
tisan.-!Trenton IN. j. Gazette.
Genuinely sound ros ,crity.
1t is q cheerful review that the st.
3l0bc-D Democrat has made of the