The Caucasian. (Clinton, N.C.) 188?-1913, 1905-10-19
suascRIHIl0n RATES.
SOUND BUSINESS CONDITIONS.

SOUND BUSINESS COSDIrIO
This country has never before
bsen 30 prosperous az 1t is taday
In both the North and the South
new industries are going up daily,
aud especially is the South forging
to the front We are now manufac-
turing our raw material and sup
plying the home market which here
t0fore has been supplied by foreign
markets to a great extent. There
are no idle hands in this country
and labor is still In demand. The
Washington Post, commenting on
the sound business condition of this
country, says:
"Prosperity is 80 general in the
United States at this time that it is
difficult to name branches of bust
ness or to specify classes of our
active workers who are not enjoying
its benefits. 1t is equally difficult
to designate the class that is receiv-
ing the most widely disseminated
rewards for their energies. The
millions of persons in the ranks Of
skilled and unskilled labor have full
employment, not only in the cities,
but in the remote districts of the
country, and their wage rates are up
to the highest records. The agricul-
turists were never in such strong
financial situs ton, as they have not
only large crops, readily sold at
profitable prices, but their farm lands
are approaching in value in an un-
exampled manner, rendering them
independent of creditors, and ena-
bling them to free themselves from
debts, dues, and demands.
The merchants and manufacturers
are reaping their harvests through
the large earnings Of the working
men, the surplus receipts of the
farmers, and the greater incomes of
the investing classes from steady
dividends on securities.
The government receipts in Treas
ury and other departments are in
creasing, thus demonstrating the
ability of our people to pay for the
articles subject to duty and tax and
their readiness to use the facilities
afforded by the government in the
interest of trade.
So we'll based is the confidence in
the continuance of this prosperity,
80 widespread is the knowledge of
these admirable conditions, that it
il almost impossible for the strongest
financial leaders to keep in check the
optimism of even their most con
sentative brethren. The year 1906
is apt to break all records in railway
earnings, in bank clearances, in out
puts of manufacturers, in exports,
and in aggregates of our foreign and
domestic commerce. With advances
in values Of farm lands and realty
Of all classes rapidly wiping out ex-
listing mortgages, with rapid growth
of city populations, and full 'em.
ployment Of labor of every class,
with crops of new gold added to
our currency every day in the year
to sustain and stimulate the activi-
ties, the future promises we'll for the
people of the United states.
There Is neither reason for doubt
nor room for doubters. Sound bust
ness is based upon the ability of the
people to pay for that which they
desire. There is never slack of con-
fidence'' in business or financial af-
fairs when the money supply is
known to be ample. The desire to
purchase is ever in existence.
The ability to pay is in full evil
dence among the masses of the peo-
pie this year.
Twelve months from now the
world will have more than three
hundred millions of dollars in value
of new gold added to its currency
supply, and the ability to pay will
be even greater than at the present
time.o