Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-03-08
! AMERICAS AMAZING )
! ADVANCE )

. = y
Number Of depositors in
savings banks ....1... 4,25S,00O
1900.
Natl banking capital. Is 63O,299,O3O
Assets of NATL banks. 5,04S, 100000
Savings bank deposits. 2,3S9,547, 1885
Bank cTings for country S4,5S2,OOO,O 900
Total deposits in all
hanks 100000
Number of depositors in
savings banks N. e,1o7, 900
1905.
Natl banking capital. S 0S,32S,65S
Assets of natl banks. 1868, 1852
Savings blk deposits. *3,O93,236,11s
Blk crings for country. 142,5O1, 900, 900
Total deposits in all Ia.
banks ~. 1850, oOo,o 900
Number of depositors
in savings banks. 1886, 900
1904
While the farmers of the country
have been rejoicing in their increasing
prosperity, with the value Of farm
property rising. over $500, 100000
since 1900, the city dwellers, who are
in the main the chief depositors in
savings banks, have likewise sheen
sharing in our material growth. The
number Of depositors in the savings
banks of the country increased from
2,335,00 in 1880, with total deposits in
savings banks of 1919, JOG 1913, to 1896
600 depositors in 1905, with total de-
posts of s3,09S,236. 119. The assets of
the national banks of the country, the
deposits in all banks, and the bank
clearings of the country all tell the
same story.
An Era Of Worldwide Expansion.
In studying the progress of the coun-
try in agriculture, in railroads and in
manufactures, and attempting to fore:
cast something of what is ahead of
US in the continued expansion of these
industries, it must be borne in mind
that not alone the United States hut
the world. is hungry for iron and steel
and copper and cotton, and all the
other great porducts which enter into
modern civilization. We have entered
! a period of worldwide expansion in
! industry, in commerce, in the construc-
& ton of railroads, steam and electric,
and in municipal improvements such
4 as the most enthusiastic optimist
could scarcely have conceived Of Ave
or ten years ago.
We justly boast of the progress al
ready made by the United States. but
I in considering the future and in at
! tempting to measure its almost limit
less potentialities as compared with
the past we must remember that much:
of Europe is almost as busy as Amer
lea, that Mexico and South America
and Canada are running rivalry with
us in the expansion of industry, that
the orient, with more than half the
worlds population, is opening up to-
western civilization and to the uses Of
iron and steel in the arts Of peace as
well as of war. Africa and the isles Of
the sea are alike sharing in this adj
vance movement, and if one should
give free rein to his imagination, it
would paint a picture of increasing
\ activity during the next ten years in
which far greater material progress
would be indicated than we have had
during the last ten The world is no
longer producing more than it can con.
sumo. :s53 ~
AS there is a scarcity in the MARTIAL
things which enter into mans con.
sumptive requirements, so there is an
increasing scarcity in the supply OF
men who do the worlds work. The la.
borer no longer tramps the streets
searching for employment at starva
ton wages. as million or more did
ten years ago. The employer is every
where looking for the 1aborer with fal
more business offering to him than he
d can find the laborers to handle. From
the smallest farm all the way through
every field Of human employment il
industrial affairs to the construction d
the Panama canal, the greatest under
taking Of modern times, the scarcity
Of laborers is the universal city. In
creasing wages, on a scale never seer
before. marked the closing months O
1906. 8
With prosperity on the farm, witt
prosperity in the factory and in rail
road operations, with prosperity FOL
the mechanic and the day laborer
there is being developed out Of thu
changed conditions in the worlds bust
ness affairs a more well-rounded pros
perity than any Of which history giyei
us a record. The progress Of the las
quarter Of a century is sincerely the be
ginning of our real broad national aid