The sun., 1906-02-24

Car and locomotive factories are now working
night and day to MI these orders, and collateral
Industries are busly affected The railroad is one
OF the American workmans best friends. a leVis.
iatve hurt to our railroads Is q body blow 10 the
American wage Garner, and injury to the American
wage Garner means loss 10 the butcher the baker.
the grocer,
The same Is true OF our electric railroads, our
electric light and power plants, big and little our
telegraph and telephone companies and other
public utilities. which are Increasing In use and
which placing orders daily for electric cars.
electric light and power apparatus. telegraph and
telephone apparatus. &c
Night and day work. and sometimes even sun
days is now the rule at Schenectady. Pittsburg
and elsewhere. tits all good wages paying, prol,
earning American business.
Railway prosperity Is the best index OF the ups
and downs OF industrial and commercial life. The
Chicago and Northwestern. after paying Its regu-
lar dividends, and also 100000 for new eouip-
nent, has surplus left equal to half the dividends
paid. The Southern Pacfc's balance sheet OF
November 81 shows profit and loss credit balance
OF t?S,oooOoo and $50, 100000 cash on hand.
That is the Kind OF American business which
enables steam railroads to pay out this February
S750o 900 for Interest and dividends: industrial
conocr rms, $4,000 900. and our street railways ST.
5O0o a total OF $S8Ooo, 900 earned money.
That and the accompanying volume OF internal
business Is reflected In the bank cearngs In ninety
four cities in January. which were more than
January 1905.
II Is further reflected In the fact that our Govern
ment receipts In this January were 81 900 900 more
than in January OF last year. reducing the Treasury
dehcit from 100000 to S30O0OO0. and Increasing
the daily available cash balance from $780, 100000
TO sl4s,o000oo,
Tacoma, only one of our many lumber shpplnp
points In 1905 shipped lsOoooOOO feet OF lumber in
o.447 cars and 2s2,ooOoo shingles In 1893 cars a
large gain over any prior year.
The Steel Corporation closed It's books for the
year with unified orders aggrewating 1905 oss tons
being 2.oOO.OO0 tons more unified orders than at
any other period.
With all this we have a money circulation OF
s2,8So 600 increase So0O0.OOO In January. A
general stock Of money OF s2,oss 0OO 900. OF which
si{z5.00 coo Is gold and S877 100000 silver an In
crease In gold In January OF 800 0OO-more actual
money than Is or ever owned by any other coun
try on earth; an investment OF s3s o67 600 In public
works which will be productive: a S28,O0Oooo In
crease In the seven months Government revenue
and 81 500. 900 decrease In the seven months CIV
ernment expenditure: tariff which yields s22 500 .
600 more revenue and internal revenue laws which
yield s9,OOO,o00 more In the seven months ended
January OF this year than In the seven months
ended In january OF last year: an interest bearing
public debt OF only Ssa5 OOO or ST. 900 o les
than our general stock Of money: 5,035 national
banks, with 1872 100000 capital and Ss4s Oooooo se
cured circulation $50 900 factories and 600 OOo fac
tory workers and yearly output OF sl8OoooOo Ooo
with all agricultural population producing a value
of +i50oo0O0 a year. or SiI5OO.OOO for each of
the sos days OF the year: with 22OOO COO American
children native and adopted. In training in our
schools TO become producing American citizens
with l,OO0,00O inning a year, whose laborx
no matter where they live. help In some way or
other to bring out our gigantic yearly national
| output.