The Jersey City news., 1906-12-03
AWED BY OUR RICHES
Sir Thomas Upton Says That
American Prosperity Is Be-
yond Imagination.
CITES AUTOS AS EVIDENCE.

Twelve Motor Cars Here For Each
One In EnaIand-Proofs of Affuenee
on All Hands, Declares Baronet.
Every One Making Money In Piles,
He Asserts.
London, Dec. 3.-Brief extracts from
Sir Thomas Lipton's article, just pub
lished in the London Weekly Dispatch,
in which he comments wildly on the
prosperity of the United States by
contrast with the conditions in Eng
land, have been sent to America Sir
Thomas article is worth more extend
ed quotations, which are given here
with:
"A visit of some weeks duration to
the United States, wherein l had the
opportunity of inspecting the great
American manufactures and Of examt
lining in detail the progress Of Ameri-
can industry, convinces me that the
British public has no idea of the kind
of prosperity the United States is en-
joying today. 1t is no exaggeration to
state that at no previous period in hui
man history has such prosperity been
known in any country.
Every One Heapins Up Gold.
every one in America is making
money: not only making money, but
making it in piles-in such piles that
the ordinary standards Of comfort and
I,,v,,,.,- ara E1;eo ,,,,ea r{,,6, and ora l,ainy
replaced by new ideals. The, demand
for labor is such that it cannot be sup
piled, whereby work in many places is
very much curtailed.
1.-THE purchasing power of the people
over there is rushing up by leaps and
bounds.
1.-The railways immense prosperity
has had an effect on the steel and iron
trade, but even Americas gigantic iron
output is so inadequate that she is
driven to buy raw iron abroad. The
steel trust alone makes more pig iron
United Kingdom. British industries
are dwarfed in comparison with those
of this prodigious American colossus.
Will Eat All Our Own Crops.
american steel and iron makers are
fully booked with orders for the next
two years-a state of things which has
never been known in England. The
cost of food In Britain is now very
high, owing chiefly to the short ship
ments from America, and the day is
not far distant when all the food prod
ucts of America will be required for
American consumption.
1.-THE growing popularity of automo-
biles is another proof of American
prosperity. There are today twelve
autos in the United States for each
one in England.
''From the north to the south, from
ocean to ocean it is the same. In the
cities the evidences of this prosperity
may be seen on every hand. New
York is being rebuilt utterly regardless
of the expenditure. Mammoth build
ings, throwing those of London in the
shade, are going up on every side. 1t
is the good fortune of the United
States that they produce every COM
modify man needs or desires.
Americas Natural Resources.
TN gold production they approach
the Rand very closely. The richest
copper mines are in the Rockies. The
worlds petroleum supplies are largely
drawn from the United States Coal
is abundant and cheaper than in Eng
land. The cotton industries are ad
vancing so rapidly that the entire
southern crop will soon be wanted by
American mills.
america can ignore foreign COM
merce, and the American citizen would
not suffer were the United States COM
pletely isolated instead of being sur
rounded by terrific wall over which
no foreign manufacturer can success
fully climb Rockefeller may be,worth
as the Americans say, G200,000,000
but as the average man is growing
richer relatively quite as fast as Rock
efeller he is in no burning sense a
grievance
.'Such is the general confidence that
nobody is afraid to spend layishly In
Chicago no business man ever thinks
of counting his change at hotels or res
taurahts, for money is made SO fast
that nobody cares about a few cents
or dollars