Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1905-12-05
SET WORLDS RECORD
AMERICAN FARMS SHOW UN~
PARALLELED PROSPERITY.
Secretary Wilson Declares Crop
Yield of 1905 Is Seals, ooo, 200
Corn Alone worth BilIion--Ir-
crease in Land Values.

The products of the farms of the
United States in 1905 reached value
of $6,415,000,000, the highest amount
ever reached, according to the annual
report of Secretady Wilson
Besides the enormous yield the Sec
rotary estimates the farms of the coun-
try have increased in value during the
last five years to a present aggregate
of Sc, 133, 100000.
Every sunset during the last five
years." he says, "has registered an in
crease of So, 100000 in the value Of the
FERNS of this country"
In dealing with the crop report
leak" Secretary Wilson after refer
ring to the gross breach of trust on
the part of ne of the employees of the
bureau of statistics" says: This de-
partment acted with vigor and dis
patch when it got evidence of wrong
doing on the part of its own officials,
but we have no evidence of diSciplin-
airy or preventive action at the trad
ers' end of the line, where gamblers,
interested neither in the production
nor the consumption, disturb values to
the injury of both and make loud out
cry when creatures of their own kind
corrupt officials to betray confidence
for the love of money.
''The responsibility for this leak is
shared by every one, who. to get mon
ey without work gamble in farm
products. When this form of industry
ceases these parasites who tempt de-
partment officials will have to work
for their bread
Analysing the principal crops for the
year, the Secretary says that corn
reached its highest production with
2,70S,O00000 bushels, a gain of A.
100000 bushels over the next lowest
year, 1899.
The hay crop is valued at S605. OOO.-
600. Cotton, $575,0OO,O0O; wheat $525,-
100000; oats, $282, OOO0OO; potatoes,
$13S, 100000; barley, $5S,00O 600; tobac-
co, $52,000,G00; sugar cane and sugar
beets, $50,000,00O; rice, 500, 49,, 900;
dairy products, $685., 100000, an in.
crease of $54.O0OOOO over last year.
'"The farmers hen," the Secretary
says, sis becoming a worthy compan.
ion to his COW. The annual produc-
ton of eggs is now a Ecore of bill
lions.'
There are more horses and with a
larger aggregate value than ever be-
fore, Notwithstanding, as the Secretary
says, they were first threatened by the
bicycle and later by the suburban troll
ley and the automobile He estimates
their value at $1,20o.000OOO, or near
ly as much as the corn crop, and the
value of mules at 1852 100000.
Under the recent amendment to the
national banking act allowing the es-
adjustment Of banks with a capitaliza-
ton of less than $4,000, there have
been 1,754 such banks established in
the last year, nearly every one of
which is located in a rural community
and the capital furnished by farmers.
"In the north central States farm
ers have been depositing money in the
banks until the rate of interest on de-
posits has fallen so low that they have
diverted a large portion of their saw
ings to permanent Investments says
the report. I'm spite of the fact that
the banks do not receive and keep all
or most of the farmers savings, the
increase of bank deposits in agricul-
tural States and larger regions is most
extraordinary.
1.-THE remarkable increases i'll bank
deposits in agricultural States, as we'll
as the increase in the number of small
country banks, are directly and indi-
rectly because of the profits that have
come to the farmers from the opera
ton of their farms. The man with the
hoe has become the man with the har-
vester and the depositor and sharehold-
er of the bank.
'Should there be no relapse from
his present position as a wealth pro-
ducer, three years hence the farmer
will find that the farming element,
about 80 per cent Of the population,
has produced an amount of wealth
within ten years equal to one-half of
the entire national wealth produced in
thrna annt I1riac