The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1902-08-30
REMARKABLE PROGRESS.
Special Correspondence.

Special Correspondence.
Washington. Aug. co.
MovING 46S Ssd pstnfs Of conditions in
4 \ tervals from 1900 to 1850, and an
nualy from 1850 to 1902 is present.
ed in monograph just issued by the
treasury bureau of statistics, entitled
Progress of the United States in Its Ma
terial Industries This monograph cons
ssts of a series of tables showing area,
population. wealth, debt, money In circu-
lation. banks and bank clearings and de-
positors, farms and farm values, manu-
factllres and their value. revenues eX-
penditures, imports. exports, railways
and their business, the shipping industry
and many other features of national de-
vclopment, in the census years from 1900
to 1850. and annually from 1850 to 1902.
The figures presented. regarding more
than 100 subjects show an interesting.
and in many cases phenomenal growth
in the Industries. finances production, and
transportation of the country. The area
has grown from So7,S44 square miles in
1900 to 3,O25 600 square miles in 1902, exclu-
sive of Alaska and the islands belonging
to the United States. The population per
square mile. which was 3.6 in 1870 was 261
in 1902. Notwithstanding the great in
crease in area meantime. The total
wealth has grown from $1,000, ,0O0, 900 In 1850
to an estimated $4,000. 100000 in 1900, and
the per capita wealth, from 1907 in 1850 to
81 235 In 1900. In no feature has there been
greater fluctuation perhaps than In the
public debt and interest charge. In 1900
the public debt was $15 per capita; in 1910
it had fallen to q cents per capita; in
1852 it was $2.07 per capita; in 1861, before
the beginning of the war. sa.74, and then
mounted rapidly until it became $769s per
capita in 1865. gradually falling again af-
ter the war to S3S.27 in 1850, $1422 in 1890.
s12.64 in 1893. $3.50 in 1885, and 1927 in
1902. The money in circulation amounted
to $l3S5 per capita in 1860, touched $2o57
during the period of paper currency near
the close of the war, but again fell below
the $50 mark until 1881. when it reached
$21.1 per capita. BY 1892 it had reached
$240O per capita; in 1895 1t was s2l44: in
1900. 5000, and in 1902, $2S.lO per capita,
the highest point that it has ever cached.
Deposits in savings banks amounted to
$1,13S576 in 1890. s6973.3O4 in 1890: 43431 $50
in 1850, $149 7.5O4 in 1860 $549 1855 in 1870.
$Sl9, ,106973 in in $780, $l.52iSi4, ,5O6 in 1899,
S1,S0597 O23 in 1885, and s., ,597 $50 in 1901.
Meantime the Individual deposits in ma
tonal banks had grown from s5oO,91O,S73
in 1866 to 50, iii. 800, 1856 in 1902.
The cause of these financial conditions
above noted-the increase of currency,
bank deposits etc.-is found in other
tables showing the development of farms.
manufactures and of the various indus
tries. The number of farms increased
from 1,449.073 in 1850 to 5,7739 657 In 1900. the
value of farms and farm property from
s.. 900 900 in 1850 to 10000. 900 900 in
1900, and the value of their product. which
was not measured until 1870, grew from
$685. 600, 600 in that year to $3 1854 900 900 in
1900. The value of farm animals increased
from $5ii, 100000 in 1850 to $2,9S1 100000 in
1900. The value of the product of the
manufacturing industries grew from ST.
600 600, 900 in 1850 to s13, ZOO, 100000 in
1900, while the number of people employed
therein grew from less than 100000 in
1850 to &, 1904 .OOG in 1900.
The following table shows the figures
for a few of the more important columns
of the monograph for the years 1890, 1905
and 1902: