The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1900-08-21


enactment Of the Wilson law, nearly
100000 below the number employed in
1898 while the earnings also showed a
marked decrease. In 1885, the first full
year under the Dlngley tariff, the mum.
Der of employees was, in round terms,
100000 greater than in 1894, and the
amount paid in wages 1000 900 great
er than in 1895, while the year 1899
showed an increase of 149O 900 employees
over 1894 and SIS. 100000 increase in the
wages paid, as compared with 1894 or
1895.
Telegraph messages sent over the
lines Of the Western Union Telegraph
company dropped from 66,OOO,OOO in
1898, the year of the Inauguration of a
Democratic and low-tariff president
and congress, to 5S,OOO,OOO in 1894, the
year in which the Dingley law was
enacted, and during the entire low
tariff period from 1894 to 1897 the num-
Der remained stationary, at 5S,0OO,000
increasing in 1885, however, to more
than $4,000, 900.
In the single state of Nebraska, the
first year under President Mckinley,
and the year in which the protective
tariff law was enacted, amounted to
but $l5,63O,7 against $Sl, l,69O.O54 dur
ing the year in which the low-tariff
law was enacted. The value of the
mortgages released in 1898. the first
full year under the protective tariff,
1896, the year of Mr.. Bryan's nominal
tion.
The money received from the dis
posal of public lands by the General
Land office fell from more than $i,0O0,-
900 in 1892 and 1898 to $1,S47 600 in 1896,
and $1,596,OOO in the fiscal year 1897,
all of which was under the low tariff,
while in 1898 the first fiscal year under
the Dingley tariff, they had increased
to $2144,000, and in 1899 to $2,594, 900.
Final homestead entries made at the
General Land office show that the total
number in the fiscal year lending June
30, 1893 practically all of which was
| under President Harrison, was 24,204,
| and the number of acres granted, S.
477,231. In the fiscal year 1894 the mum.
ber fell to 2O,544, and in 1896 to 2O,O99
| with a total number of acres of $780,
242, increasing to 222Sl in number and
an acreage of 3,O95,O17 in the fiscal year
| 1898.
The postmaster-general in his recent
annual report said: 1.-THE course Of
the postal revenues furnishes an un-
! erring barometer of the business con-
ditions of the country" He then
quotes the receipts, expenditures, and
| deficits of the Post-OfTice department
| from 1898 to 1S99 showing that the re-
| ceipts in 1894, notwithstanding the
steady growth in population, actually
| fell below those of the fiscal year 1898,
| practically all of which was under
| President Harrison. During the entire
| Democratic and low-tariff period the
| growth in receipts was but very small,
the total receipts in the year ending
June 80, 1898, being $75 5,S96933, and in
the year ending June 80, 1897, $S2, &c.,
462, an increase in the four years of
years from June 80, 1897, to June so,
1899, the increase was more than s12.-
100000 the receipts for the fiscal year
1899, being $95, ,O21 1884.
Aggregate deposits IN classes of
banks in the United States on or about
June 80 in each year from 1892 to 1899
show that the deposits in national
banks fell from $1,771, 100000 in 1899,
in President Harrison's term, to $1,57i
900, 900 in 1898, reduction of 5000, 600
900, and that in the last year of the
Democratic term they We're but S1,6S6,
100000 increasing to 81, ,76S, OOO 900 in
1897, $2,O7S, 900 600 in 1898, and $2,6O5 900.
900 in 1S99-an increase of more than
a billion dollars in 1899 as compared
with 1898. State banks also show an
equally remarkable record, their totaI
deposits in 1899 being almost double
those of 1894. Loan and trust COM
panies show in 1899 deposits amount
ing to $685., 100000, against $i71 900 00(
in 1894. Savings banks show a reduc.
tion of $SlOOO,OOO in their deposits II
1894 as compared with June 80, 1898
while those of June 80. 1899; were $685..
100000 greater than for June So 1894
Taking the record of all classes ol
banks-natiOnal, state, loan and trus
companies, savings banks and private
banks-the total deposits on June 80
1899 were $6S53, 3S1 ,OOO against 81, ,667,.
$50, 1928 in 1894, the year of the enact
ment of the Wilson law, an increas,
of more than $1,000, 100000 or almost 81
per cent, and practically all of thl,
increase occurred after the election q
) President Mckinley and a protective
tariff congress.
The per capita money in circulation
: in 1892, the last year under Presiden
Harrison, was S2i.4i. BY 1896 it ha,
! dropped to $21.1O. In spite of the pre-
diction of the campaign of that yea
that 1t could not increase without tn,
/ free and unlimited coinage of silve
and the retention of a low tariff. /
has, under Mckinley, the protective
tariff, and the gold standard, increase,
5 to $26,5O per capita on July /, 1900 al
U increase of 25 per cent in the pc
capita circulation, of 25 per cent in tn
I total money in circulation, and of G
4 per cent in the gold and gold certif
Gates on July /, 1896, the date of MI
| Bryans nomination, being $497 600 OOC
b and on July l. 1900, SS15, 400, Will
v the total money on July l, 1896, wa
81, ,5O6 4349 500, and on July l, 1900, 81,
t O62, ,425, ,496--and all without the "fre
y and unlimited coinage of silver"
e Mr.. Bryan may excel in talking bu
r II takes the Republican party to han