Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1900-08-14
MONEY ] TALKS.
Property Of the Middle and Northwest
Shown BY the Increase ID De
Il posits in Banks.
Past Four Years have Shown Tremen.
dous Increase in the Deposited
Wealth Of the People
What the Figures Show in Controvert
ing Bryan's Dismal Predictions
Four Years ago.

Four Years ago.
# ashington, / 4 - During the
past four years there has been net
increase in the amount Of money de-
posted in the national banks OF nine
states of the agricultural section OF the
middle west amounting to more than
$163. 900, 600.
This is the answer that prosperity
makes to the calamity howls of the
sBl'ya antics. -Four years ago on every
stump the cry was heard from Mr..
Bryan and his supporters that the
election of Mr.. kinley would mean
scarcer and deares money, greater. pow
erty among the people and increasing
ruin to the nation. 54 z.s5
So general has been the prosperity
among the people as a result Of repub-
ilcan policies that ...e Bryan party is
now strenuously endeavoring to get
away from the issue of free silver and
trying to make new issue Of imper-
1alism to mask the silver issue until
the Bryanites can get into power. &
~ In July, 1896, after the country had
recovered to same extent from the
panic Of the three preceding years, the
national banks Of the United StaAes
returned to the treasury reports show
ing holdings Of cash to the credit Of
indy dual depositors amounting to
s., ,66S, ,507, 600. On June 80 Of this year
the high waiter mark Of prosperity un-.
der republican policies of administra-
ton brings to the department reports
OF individual deposits held by the
banks ban aggregating $2,45s, ,692, ,757 The
amount of cash holdings for the people
this year should be counted as really
larger than the quoted figures show
on account OF the fact that an item
OF individual deposits, so-called, and
which was formerly counted as indi-
jyldual Y. deposits, being the amounts in
the the national banks to the credit of
savings banks and trust companies. is
now separated and reported as. a dis
tlnct item The amount Of this item
now n, returned by the banks is $500.
~, -. 900 for this year.. About one
fourth a1' 4 OF the total increase in the cash
holdings OF the banks for the people,
as represented by the individual de-
pesits, was made in the agricultural
an and manufa cturing states Of the Mis-.
sissippi valley. 51#3. 135
The There is no doubt that the private
and state banks show corresponding.
increases in the volume Of the indi-
vidual q deposits held for the people bys
ttlE them, en- SO that the increase in the VOL
ume m Of money held to their credit by5
the IN people, the best test Of real pros
perity mong the masses generally, has
trem mendously Increased during the
folr-years period which Mr.. Bryan said
would be attended BY depression and
J increasing l1ts poverty among the people.
scarcer and sdearer money. 4S.
4 q analysis of the showing of indi-
1yidua y 4 ! deposits in the several states Of
that great agricultural and industrial
region Of the middle west shows some
Interesting facts The percentage Of.
increase As in oldings Of cash BY the
people, as indicated by these national
! bank aiIll returns is greatest In Kansas and
Nebraska, the gains being nearly.
9 double in those states.
y frrther fact which should not beI
lost lost siIr ~ the examination OF these inter-
esting and striking figures IS the fact
mat while the total Of Individual de-
posits returned by all the national
banks Of the country this year showed
an an increase over the returns for j cor
respo ding part Of the year 1896
amounting to s79o, ,0oo 1000, the. botal8
7 increase for the nine states of the
middle west, amounting in the aggre-
gafe TO S16s, 900 00O. is q splendid
showing for those states. Much III III.
Iormation comes 70 the political head
quarters Of the, republican managers
about the increase II wages, the start
Ing q new Industries ana the payment
g MORTGAGES BY the people Oh the
farms Of the country All these facts
make 2 part of the swelling note of
prosperity. But the figures
e. fo the individual deposits made by9
Ine people Ia the banks. and the total
neid By the banks of cash that ii the
property of the people is the best test
of fhe question whether the people