The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1902-09-09
MARVELLOUS GROWT
Figures Showing Develop
ment of United States
Annual Report Of the Bure au Of Statistics Of the
Treasury Department, Tween Years
in Nations History.
(Walter Wellman, in Chicago Record
HeralG)

Herald)
One of the most fascinating official
bulletins ever issued by the government
has just made it's appearance in the an
n,al report of the Bureau of Statistics
of the Treasury Department. 1T is en-
titled Progress OF the United States il
It's Area. Population and Material In
dnstries." The story it tells is perhaps
the most marvellous to be found IN the
history of all the nations 1t shows n
connact tabular form the development
Of the United States to Il great ana
wealthy nation, all the material facts
being arranged by decades, beginning
with 1900 and ending with 1900. Of course,
auv comparison Of the end OF the CEN
tury conditions with those found at the
beginning of the century would snow a
developmeuG from almost nothing to the
great American empire of today,
Of far greater Importance and interest
&c tho orowth of the United States dur
ing the last 20 years. Probably no other
nation ever made such rapid strides as
the United States has made since 1880.
The official figures which measure this
growth are simply amazing. Eemember
that the period under consideration is
cDlv 90 wears. a t. a in the life of a ma
ton. Al tue DtSlHlLhS - 'ho D1AiN' -"N
United States was already one of the
greatest nations. IT'S population had
evept across the continent. It had ne
covered from the dis ster OF the Civil
Var. 1t had enjoyed years of large crops
and uninterrupted prosperity. Yet the
DEVELOPMENT since that time reads almost
like a fairy story rather than a tale
culled from the sober figures Of census
and other official statistics.
Since 1880 the population OF the United
States has increased by so per. cent.
The aggregate wealth of the country,
the true valuation of real and personal
property has more than d0ubled-from
$42. 00O, 00O, 900 to 1914, 600, 000, eco.
Wealth per capita has increased so
per cent.-from $3.50 to 1926.
The public debt, less cash in the Treas
urv has decreased nearly one+ha1f-from
81, 919, 600, 600 to 81, 107 ,000, 900.
The debt per capita has dropped from
$3S.27 to $14.52.
The annual interest charge has dimin-
ished more than one-ha1f-from $50, 000,-
600 a year to $33, SOC. coo, and per capita
from $1.59 to Al cents.
The amount of gold coined has in
creased more than so per cent.-from
s62, OO0, 900 a year to 500, 900, 900.
TIL o,oo,nt Of GOLD in circulation has
oan1u trah1ad So, so25 600 ooo n sell
600 600
~ uo :, ron1o+oa no.
more than doubled-$69 ,00O, 900, as com
pared with $142, coo, 600.
The total circulation of money has more
than doubled-973 ,OOO, 900, compared with
60 AZ ooo ooo CirouIo +ion nor canita has
increased only so per ~cent.-S1941, COM
oorod nri+b COG %
~ nrnabor Of national hanks ba.
noar1v doub1ad-9 o56 comnared with a.
eoe
niab trob1od-s1 ooe ooo ooo comnarod wifi
60 60. ooo 600
Doaoa;ta ori,a. b,r,-r b,no o1r,oe+
r,ot,- trob1od ee1o ono ooo 70 e, a5o nm
ono
rbo ,r,hor Of dorositors in SAVINGS
hanks bss Increased from . 225 ooO to 6 :
zoe ooo
mat the FARMERS ol 'he couhCiS nave
sharea IN thIS "onoerlul increase Vi
wealth IS clearly SHOWN by lurlher com
PARSONS OF 1880 with 1890.
Inc Va1ue OF farms ana larni property
has grown from SlZ,o ,ooo,o oo to $Zo,ooo,-
aa ha- .onoaaoa fsaa e. 90 400 non
10 GO e. 600 noo
IT. ~ ~ -
49, So g, coo 600 ooo - 60 ooo ooo
ooo
~,
,irhn,ontn - tbo rnitoa etataa hoe dan-
h,aa 49, : ooo 49, 20 900
~ ,a1,,o &c 80 ou+nnt of boa oetoh
,,o -. o.aa1 - 49, e.a-
* oeo ooo ooo to ,or +b.n 60 900 200
M
i,SnnS " :" p,
o-on nnn ~ ooo "n
-1o t..r1S5 500 onn
600 ~ 90 7oE ooo ono
- 49,
cultural products nave increased more