Evening star., 1902-01-27
PROGRESS OF A CENTURY
GROWTH OF THE COUNTRY,s IN
DUsTRIEs.
Increase in Production, Expansion of
Exports and wealth-The Cir
cuIation of Money.

1.-THE Progress of the United States In It's
Material Industries Is the title of a mono
graph issued by the treasury bureau of
statistics, which contains series Of state
ments which show the rapid development
during the century of the important factors
in the present prosperity Of the country.
These tables, which occupy number of
closely printed pages, show the develop
ment in products of the field. forest, mine
and mandatory. the growth in our pop
ulation, wealth and commerce, the extern
sion Of railways, telegraphs and other meth
DDS Of communication and transportation,
and present an interesting and instructive
picture of the progress of the United States
and its people during the period from 1890
to 1901.
Increase in Production.
Among the interesting facts presented by
these tables are the growth of production,
the growth of commerce, the growth Of
wealth, the growth of money in circula-
tion. the growth of deposits in savings
banks and the increased number Of depos-
itors in savings and other banks, the de-
crease in interest on the public debt and
many other facts of this character. On the
production side 1t may be said that the cot
ton produced has increased from 155, ,556
bales in 1900 to 8, 436, 416 bales in 1900; the
wool produce, from 35, ,SO2, LA pounds in
1910 to 3O2. SOP 1913 pounds in 1901; wheat,
from 151, ,999, ,9O6 bushels in 1856 to 81, 229,
sos bushels In 1900 corn, from S67, ,946 295
bushels in 1866 to 2,105 1O2, SIG bushels in
1900; copper. from $50 tons In 1880 to 270,
5SS tons in 1900; pig iron, from 165. 600 tons
from u. 10000 gallons in 1860 to 2,661 ,233,-
56S gallons in 1900; COAL from 3 1853 800 tons
in 1850 to 267, $50, 900 tons in 1901, and gold,
from $5O.0O0,OOO in 1850 to $40, Ii, 600 in
1900.
Growth of Exports and Wealth.
During the period under consideration
exports Of merchandise have grown from
S10,971, $50 in 1900 to 81, ,4S7, ,764 991 in 1901,
the per capita in 1900 being $13.37 and in
1901 1881. The imports OF merchandise
have grown from $91 ,252, 76s in 1900 to
ss23, ,172 165 in 1901, while the per capita
imports have fallen from $17.19 in 1900 to
SO. So in 1901.
Turning to the figures which show the net
results of these developments, those relat-
ing to wealth, circulation. deposits, ETC..
the tables show that the wealth has in
creased from 81, 135, 10000 in 1850 to an
estimated S94 300 OO0, 600 in 1900; the per
capita wealth, from $3O7.69 in 1850 to ST.,
235.S8 in 1900. The public debt, less cash in
the treasury, was, In 1865, $76.9S per capita,
and In 1901 was S13.44 per capita; while
the interest on the public debt, which in
1867 was $143, 781 ,592, had fallen to $32, 342,
I9I IN 19Ol.
Money in Circulation.
The figures Of money In circulation show
In 1860 a total Of $435, ,407 ,252, and in 1901
81 175. .3ST ,277. The circulation per capita
in 1860 was $13.s5, in 1901 S2s02. The de-
posits in savings banks in 1880 were S89
304, in 1888, fifty-three years later, they
were S1,024. $685. 1877. and by 1901, a further
period Of only eighteen years, had reached
$2,597 ,094, $50. Meantime the national bank
ing system had come into operation, and In
1865 the deposits in national banks were
$500, ,91O. .s73; in 1880 $1,OO8, ,452 1853, and in
1901 S3044, ,600, 600
The number of depositors In savings banks
grew from 3S,0S5 in 1880 to 1,067, ,061 in 1885
and 6,35S, 723 in 1901. Railways grew from
9,021 miles in 1850 to ,37S in 1901, and
freight carried one mile increased from 3d.
302, 209. .249 tons In 1882 to 141 162, ,109, Alb
tons in 1900, freight rates falling. meantime,
from 1.24 cents per ton per mile to 75-100
of one cent per ton per mile.