The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-07-14
WONDERFUL
PROSPERITY
OF COUNTRY
Shown by Figures of Assistant Sec
retary Of the Treasury Vanderlip.
One OF His Recent Addresses.
GROWTH OF DOMESTIC TRADE
Unmatched by the Foreign Commerce
Of Any Country Excepting Great
Britain.

NEW YORK,July 13-An address dc.
livered by the assistant secretary Of the
treasury. Mr.. Yanderlp. at the meeting
OF the State Bankers Association OF
Pennsylvania Tuesday was supple
mented by some Informal remarks that
were made at the meeting Of the New
York State Bankers Association at Sar-
atoga, to-day. Mr.. Vandorlir briefly
but impresslvely called attention to the
marvellous record made by the United
States In the fiscal year which ended
June 80, in the way OF foreign COM
merce.
Enormous as are the figures with
which Mr.. Vanderllp Illustrated this for
eign trade, they do not begin to COM
pare with those that tell the story of
domestic trade in the United States in
the fiscal year Just ended. 1t Is true
that the total foreign commerce, both
for the fiscal year that Is Just finished Is
about $1,000, 100000. These figures are
probably unmatched by those telling
the story of foreign commerce OF any
Other nation excepting Great Britain.
Yet, enormous as they are, they are
after all trivial in comparison with the
figures that Indicate the domestic trade
Of the latest fiscal year. In New, York
city, in one day our clearing house COM
pleted exchanges that were one-ninth
OF the total foreign commerce of the
United States for the entire year. A
year ago a single institution brought
to the clearing house credits aggrega-
ting S50,00O, 900.
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