The Springfield herald., 1904-09-23
BILLION DOLLAR COUNTRY
Faets which II Is Desirable to Bear
In Mind.

Facts Which II IL 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
1t is impossible to account for his &C.
ceptance of 1.-The Republican challenge
to a 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-
crease in postal expenditures from $780,
942.415 in 1885 to $13s, 1874 ,4S7 in 1903.
and that the excess of expenditures on
account of the postal service over re-
ceipts last year was only $4,o6OO44, a.
compared with $S3S1,572.
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 edl-
tors to whom he unbosomed choice
medley OF ideas from the wit and wis
dom of Samuel ]. 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.
1894 ...................... SOD .SO3, 26l
1895 ........................ 42.sO5, 22a
lSo6 COMMUNICATIONS. 2o,2o3,24e
With no exceptional expenditures, over
2GO,0OO,OOO was added to the public
debt during Cleveland's term.
And when they are discussing the
expense of running the government OF
a people that has increased nearly so pei
cent. in population and more than 100
per cent. in wealth since Grover Cleve
land was first inausurated, Republican,
will not forget to remind American vo-
tiers of such billion-dollar facts as these:
MONEY IN CIRCULATION.
81 90, 5ss, o15. 1896. So, 100.
Deposits in National Banks.
$1.1O6, 376,517 s3.2Oo9o3. 500.
81, OC5, ~. 147. $2.935, 2O4. si5.
Deposits in State Banks.
1914 3o7. 0I6 S1.s14.57O, 1888.
DeIoslts in Loan and Trust CompanIss.
$1SS, All ,203 1859 ,30S, I96.
s577.527. 800 s1.o2o, 7lo. 2a7.
Total Exports.
s742. 1875 q, 400. IA, o7s.
ESTIMATED on Census returns for 1880, 1890
aud 1900
s14.Oooooo, 90. $50. 900, ooo, COO
(a) Value of Farm Animals
s2.45e. 42s. :ssa So: TO-, SIS. $40.
1921. sos, $50. '''e'''A - 81. SEQ, SIC. PCS.
Freight tons carried one mile by Railways.
Tons. Tons.
lat 1;o4 cents per lat ;163 cents per
wages In Manufacturing Industry.
$047.953,7o5 $2,32s. 6o1. 25i.
Bewildering and incomprehensible as
nre these billions in many respects, they
yet present demonstration of the
growth of our country so clear and sim
Pile 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 as to the
value of farm animals (a). During the
second administration of Cleveland this
value shrank from S2,4S3 ,5O6.GS1 in
1893 to S1.727, 926,OS4 in 1896. from
which it has since risen to over So. 1OO,-
100000.
| 1t almost seems as if the earth and
the kline refused to bring forth their
NATURAL increase under a Democratic nd
ministration.