The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1906-05-01
Senator Dryden Tells the
Bankers Association the
States Position Is IN
assailable
SIXTH IN IMPORTANCE
WHILE SHE STANDS FAR DOWN
THE UNIONS LIST IN PoPULA-
TIoN, SHE IS IN THE FRONT
RANK OF INDUSTRIES

RANK OF INDUSTRIES
At the meeting of the New Jersey
Bankers association last Friday night
at Atlantic City Senator Dryden was
one of the speakers. After analyzing
the condition of the State industries he
summed up as follows:
field Of industrial activity an enormous
share falls on our own State. While
New Jersey is the sixteenth State in
rank of population, she is the sixth State
in Importance measured by the value of
the products of her manufactures. Her
progress in this direction has been ex
traordinary and the large majority of
her people derive their living from this
source. The per capita product of her
industries increased from $245 in 1896
to 1923 in 1900
''As further Illustrating the Importance
of manufactures to this State, I may
mention that while the per capita value
of the products of manufacturing indus
tries was 1923, the corresponding value
of agricultural products was only $23.
and that while tlSere has been a very
M a torioJ ;paraaea IN +bo forr,ar +bo la +
ter has been nearly stationary Or. to be
specific. the gross value of manufactur
ed products in New Jersey. by the last
census. was six hundred and twelve mill
lion dollars, against not quite forty-four
million dollars as the aggregate value of
the products of New Jersey agriculture.
New Jersey ranks first amongst the
States in silk manufacture, in dyeing
and finishing and in sewing machines
She ranks second in the manufacture of
rubber, in the refining of oil and in the
manufacture of fur hats; third in the
manufacture Of glass. chemicals and
clay products. She holds a position in
American industrial life which is sur
passed by no other State, when all the
facts are taken into account.
ITO the people Of New Jersey the fos-
terng of manufactures by the protection
of labor and industry, the developing and
perfecting Of industrial processes are
matters of the greatest possible concern.
By her geographical position and her ter
ritorial limitations she can never expect
to remain great, prosperous and power
full otherwise than as a manufacturing
and commercial State. From farming,
as statistics admonishes, her revenues
will be comparatively small. Drawing
much Of her energy and capital from the
great city of New York. on one hand,
and from the great city of Philadelphia
on the other. she yet preserves an inde-
pendent attitude and pursues an inde-
pendent policy. Between these two cities
New Jersey, with an area of some seven
thousand square miles. occupies what
without question will in course of time
become the most valuable real estate in
America. While numerous railways now
traverse every important section of the
State, the present condition Of our trans
portation interests IS bu the beginning
of an era of rapid transit. both for pas
senger and freight business. stil better
adapted to the increasing needs of rap
idly increasing population.
From her earliest history New Jersey
has occupied no uncertain position with
respect to the Industrial and commercial
enterprises of her people, and. seeing with
a clear vision that her prosperity must
be found in these and not in agriculture,
she has steadfastly encouraged their sue
cessful development Her voice was
among the first raised in behalf of a re-
vision of the articles of confederation
and the adoption Of a national constitu-
ton, because of the weakness of the old