New-York tribune., 1907-11-30
VAST RICHES In FARMS.
WTLSON ON PROSPERITY.
PaLuc Of COnntry's Products an 1901
Erceeds Sc. LOO 900 000

Washington, Nov. Z-The farmers of the United
states poured into the domestic and foreign mar
Eats during the fiscal year OF 1867 the amazing total
NJ A4Ee""D In valuation Of all kinds Of farm
products.
This unassailaho evidence Of the remarkable
prosperity of the country figures In hard cash 20
per cent more than the agricultural interests of
tie country obtained for their products during the
fiscal year 1895. Moreover it is an increase Of 81
Per cent over the total realized in 1899.
To the average mind the total valuation of farm
prooucts IN the United States in the fiscal years
from 1929 10 1897, inclusive is so vast es 10 be al
most inconlprehensibe. Secretary Wilson Of the
Department of Agriculture, in his annual report
made public to-day, gives this total $50
II Is only by comparison" says Secretary VII
son that a glimmer OF understanding be given
70 such numbers the foregoing Enough is ap-
parent, however, to make It plain that the farmer
of the United States is in a business that counts
fer national welfare by providing the wherewithaI
on scale of n1agnihcence that defes the imagfna-
ton TO comprehend"
Mr.. Wilson lays especial Etress and draws an IN
teresting comparison in figuring the value Of the
years corn CROP which he estimates at q $50 900
granting that it is sold al the present average
price. This Is an increase Of Is per cent over the
average value OF the five previous crops.
VAST MONEY POWER IN CORN
The farm value of the corn crop OF eight such
years as 1907" says Mr. Wilson would pev for
Duplicating every mile OF steam railroads in the
United States and pay for their costly terminals
Iollns STOCK ana al property In thirteen years il
would replace the present banking power Of this
country in banking capital, surplus, deposits and
circulation. and in seventeen years it would replace
The banking power OF the world
Slgnlhcant figures on the balance ot trade in
favor Of the American farmer are given by Mr..
Wilson He presents an incontrovertible analysis
Of the export trade in farm products during tho
'ast eighteen years TO show that Americas credit
abroad is due in large measure TO the ters Of the
soil He says:
In eighteen years beginning with 1891 the farm
eIs nave not telIed 10 secure balance of at least
AS5efVsl The low amount Of 1895. The great ag
sregate OF he eighteen balances in the trade In
other commodities during the eighteen years re-
SO 2 great stream OF wealth has constantly been
cent from farms TO rorei gn countries to offset the
adverse balance Of trade in commodities other than
agricultural; 70 pay the ocean freight costs inn
ports conveyed in foreign owned ships and pay
the interest, dividends and principal on invest
aents in the United States by foreigners Il is the
farmer who has sent credit TO eXpsJriated Aneri-
cans: il is he who has provided the immigrant with
millions 10 send every year TO the loved in the
o!d countries; and. If there is still any credit
dispose OF. The farmer has provided the American
trev"ller in foreign countries with his pocket
money. a
The estimated value OF the principal crops during
7e17 is given follows in relative rank: