Durango semi-weekly herald., 1906-01-08
$24s. .oO0. 900. Or per cent. since the
census OF 1900.

census OF 1900.
Secretary Wilson says there is no
substitute for beef as food. although
there is more money in pork and less
risk In the raising
There has been a decided increase
In the value Of farms in the United
States--not less than 1875 per cent
during the past Ave years. In other
words, according to Secretary wilson,
the farms of the United States are
worth sS.1a3 900, 900 more in 1905
than they we're In 1900 The cotton
plantations of the South have iu-
creased In value 100000 ,OO0-the
most important increase among the
states being in Texas. where values
have Increased s1l5.OOO,o00. while
Georgia stands second with an in
crease OF S77 900, 900, and Mississippi
third, with an Increase of $62,00o.oc9
and. notwithstanding the ruin thai
the planters claim threatened them In
the Cuban reciprocity treaty. sugar
plantations have increased s20.0o0.oo0
| in value.
The live stock farms have gained
more than apy other in value-thai
! Is, the ranches which have been diyid-
ed into small farms. They have i'll
creased s2,263 900 900 in value during
the past Ave years. The meadows and
grain fields show an increase of two
billions of dollars in value: dairy
farms. 1863 100000; truck vegetable
farms, sl13.o00 600 and fruit orchards.
ts7 ,Ooo. 900.
The highest percentage ot increase
in value among farms-i0.S per cent
is found In the gulf states, the mex,
largest increase IL in the Rocky noun
| tain and Pacific states. where real
estate values have Increased i0.2 per
cent; the South Atlantic states show
3s per cent increase, and the northern
central states (around the lakes and
between the Allegheny mountains and
the Mississippi riyer), an increase oi
35.3 per cent The North Atlantic
and New England farms have lncreaa.
ed comparatively little in value
Secretary Wilson sees great cause
for congratulation in the increase in
value of the plantations Of the South
as well as in the bank deposits of that
| r.. not ~. 70
have become bankers. which Is evi
dent by the large increase of country
banks throughout the agriculture
states. in the villages that have moth
ing but agriculture TO sustain them
Nearly 500 OF these little country
banks have been established during
the past five years in the southern
and northern central states, In rura
regions where they are entirely de
pendent upon the prosperity of ,hs
farmers and have uone but farmers
business to transact OF these coun
try banks 623 We're organized in the
lsouthern states and 1872 In the north
ern central states: 5l3 west of tn,
| Mississippi river and 1877 in Texas
Indian Territory and Oklahoma Th.
establishment o; these banks is un
mistakable evidence that the farm
ers have had idle money to invest, ant
the rate of interest has fallen so low
that they have gone into the bankin.
business themselves and are now loar
ing money instead of borrowing II.
| The Increase of deposits In tLs
banks In the agricultural sections ha.
oeen extraordinary. During the pus'
year it has been 13.5 per cent through
out the United States. and for a Will,
during the past five years tae increag.
in the South Atlantic states has beer
1874 per cent, in the Rocky mountain
and Pacific states 1898 per cent; ir
the northern central states 1858 pei
cent, while in Kentucky. Tennessee
and Arkansas 1t has been 25s.7 pei
cent
| If anyone would ask where the larg
est Increase In farmers bank deposits
| had taken place during the last Ave
wears. do not think that you would
suggest Arkansas or Mississippi. ye,
| those are the states that make Tho
best showing. The increae In Arkn,r
sas during the past FIVE years has
been 503.s per cent-the deposits hav'
ing more than doubled every year. In
Mississippi the increase has been Si7.1
per cent. and in Texas PAS per cent.
South Dakota takes the lead among
the northern states and shows an in.
crease of 1861 per cent in farmers
bank deposits; North Dakota is 29a
per cent; Kansas. 2ss per cent, aud
Iowa, I90 per cent
To realize the full Significance OF
these facts one must remember that
this wealth has not been acquired by
specu,ationf. or by watering stocks.
or .hy stock johbing operations, or by
any of the various methods known as
"fnancleripg." II has not been dug