Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1904-09-21
BILLION DOLLAR COUNTRY
Facts Which It Is Desirable to Bear
in Mind.

Facts Which It Is Desirable to Bear
in Mind.
Evidently Judge Parker has lost track
Of the fact that the United States has
become a billion-dollar country, while
he has been dreaming away his man
hood on the bench at Albany. Otherwise
it is impossible to account for his ac-
ceptance of 1.-The Republican challenge
to 4 comparison of Democratic and Re-
publican administrations"
If there is any issue before the Ameri-
can people upon which the Republicans
are more ready to appeal to the voters
than another, it is that relating to the
administration of national finances. But
they will not let Judge Parker, or the
hungry aggregation of Democratic edi-
tors to whom he addressed his Rip Van
Wrinkle remarks, ignore the fact that
the United States of 1904 deals with
billions, where in Cleveland's first adj
ministration its finances could be dis
cussed in terms Of nine figures. Neither
will they permit him to compare net
expenditures under Cleveland with ex
traordinary appropriations under Nc
Kinley and Roosevelt.
When he makes his comparisons be-
tween the expenditures of 1SS5-1SSS with
those of 19O1-19O3 he will not be per-
mitted to ignore such facts as the in
crease in postal expenditures from $780,
942,415 in 1885 to $13S, 7S4, 4S7 in 1903,
and that the excess of expenditures on
account of the postal service over re-
ceipts last year was only 4,06O,0 44, as
compared with $S,3S1,572.
AS an index of the growth of the Uni
ted States in every direction that marks
advance in national welfare there can
be no better standard than the increased
use of an ever improving and extending
mail service.
Neither will Judge Parker nor the edi-
tors to whom he unbosomed a choice
medley of ideas from the wit and wis
dom of Samuel J. Tilden and Grover
Cleveland, be permitted to point with
Democratic pride" to the enforced econ
omies of Cleveland's second term 1893
1896, without being confronted with the
following deficits that waited ON Demo
cratic policy and Democratic admins
tratiOn:
DEFICITS DURING CLEVELAND'S SEC
OND TERM.
1884 ......... $t9, SO3, 26I
1879 1879 ................ ............ 4z'SO0,szS
1896 23,2O3, 246
$26O,OOO,OOO was added to the public
debt during Clevelands term.
And when they are discussing the
expense of running the government of
a people that has increased nearly SO per
cent. in population and more than 100
per cent in wealth since Grover Cleve-
land was first inaugurated, Republicans
will not forget to remind American vo-
l. L L
MONEY IN CIRCULATION
1892, 56S, 615 $780,, 692, 169.
Deposits in National Banks,
81, 1o6, 376, 517. So 200, $685. 500.
Deposits in Savings Banks,
s1,o95, 172. LAT. s2,935, 2O4,s 45.
$344 307, DIG 1,s14,57O 1853.
Deposits in Loan and Trust Companies.
SIS, All, 293. $3.50, 39S, 796.
s577, 527, 329. s1,o25, lis, 237
Total Exports.
VALUE OF FARMS
Estimated on Census returns for 1880, 1890
and 1900
s14, 90 100000. SO, 0Oo, 900, COO
(a) Value of Farm Animals.
So, 45S, 42S. 3s3. $3,1O2, 515, $40.
S427 1913 $50 $1,000, 649, 265.
Freight tons carried one mile by Railways.
Tons Tons
So 500. O7O, 529. 172, 221, 278 993.
(at 1O4 cents per Cat 1853 cents per
ton mile.) ton mile)
Wages in Manufacturing Industry
$780, 1900
s947, 953, 7e5. $2,32s, 6o1, 254.
Bewildering and incomprehensible as
are these billions in many respects, they
vet present demonstration of the
growth of our country so clear and sim
pie as to be within the comprehension of
a child Only one word need be added
to rectify what might be an erroneous
impression from the figures IS to the
value Of farm animals (a). During the
second administration of Cleveland this
value shrank from $2,4S3, 5O6,6S1 in
1893 to $1,727, 926,0S4 in 1896, from
which it has since risen to over So, 1O0,-
100000
1t almost seems as if the earth and
the kline refused to bring forth their
natural increase under a Democratic adj
,.c,4,,