The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-07-25
THIS TELLS WHY
COUNTRY PROSPERS
More Than Half Billion Each
Year Left Here by Bal
ance of Trade.
EXPORTS AND IMPORTS
REACH ENORMOUS SUM
Most of Old World Cash EXpend-
ed Here Is For Products
of the Farm.
Special to The Tribune,

Special to The Tribune,
WASHINGTON, July 24.-While a
search is being made for an explanation
of the present prosperity of the United
States it looks very much as if We
would in the end have to fall back
upon the original Yankee principle that
it is due to our glorious selves and the
lucky land we live in. 4 study of our
foreign commerce for the past year
shows that we have again exported
more goods than has any other country
on the globe, and that this IS brought
about by the limitlcss natural resources
of the country and the enterprise and
ingenuity Of its people.
During the fiscal year ending June
so, 1906, the United States sold to the
people Of other countries products OF
the value of $l,743, ,763,612 and bought
from them goods in the total sum of
$1,22O,6l5,379. Thus. while we bought
generously from the foreigners, we sold
to them $517 100000 more than we
bought By these figures it is apparent
that during the year we received from
abroad $5I7 100000 in solid cash, which
remained here to 90 into circulation.
This is an average of Sll ,4SS, ,SSS Tor
each Of the forty-fve States, or $6,46
for every man, woman and child IN the
Union.
Great Influx Of Money.
When we remember that this excess
of money received over money sent
abroad has been going. on ever since
1898, and before, and that for four of
the years since 1898 the excess has been
even greater than it was In the last
fiscal year, it is not difficult to see
where all the prosperity comes from,
provided we are willing to concede that
u ,11xt
prosperity. At any rate, it seems rea-
sonable TO conccde that If we had been
sending more money out OF this country
than we took in, and that this excess
had been amounting to S600,000,000 q
year, we would sooner or later be bound
to get hard up,
us, much more than half has every year
been sent to us for the purchase of the
products of the farm. In the last fiscal
year the farmers got about 1910, ,000,
900, the manufacturers about 5000, ,000,
600 and the flsheries forests, mines, etc.
the rest. Figured on this basis the farm
ers received of the $5l7, 100000 of for
eign money which came here TO stay, of
the excess of exports over imports, not
less than $290.000,000, and from this
perhaps our farmer friends can make
deduction to explain why they, also.
are sharing in the prosperity Of the
country.
Many Want Jobs.
More than 5000 people have applied
to the Internal Revenue Bureau for
Job under the new undrinkable free al
cohol law, which goes into effect Janu-
ary ! next. 1t was expected by the
Commissioner of Internal Revenue,
when the law was passed, that nearly
all the alcohol TO be made under the
law would come from four or five big
distilleries which make nothing but
high wines, and that consequently he
would not have to increase his force
very much to handle the new business
arising from the use of free alcohol in
the arts and industries. but recent in
formation received goes TO show that
this supposition will probably not be
realized The Treasury department men
in the South report that nearly every
one Of the cane sugar mills and re-
fneries are making plans to install
distillery, and that therefore il is likely
considerable number of men will be
needed to watch the denaturizing pro
cess for the Government.
The beet sugar makers are also re-
ported to be looking into the new Inv
with view to going into the alcohol
business for the purpose Of using up
their present waste products