The Monte Vista journal., 1907-07-27
OUR Veal LTH-MAKERS
AMERICAN FARMERS LEApgRs
IN ENRICHMENT OF NATION. 6
DOLLARS BY THE BILLIONS
Annual Value Of Farm Products In
the United states Greater Than
the Output Of the Worlds
Mines.

Mines.
Statistics gathered by the United
States census bureau afford interest
ing studies to those who care to delve
into economic subjects. According to
the government reports issued cover
ing the years up to 1905. the total
amount of capital invested In manu-.
featuring in the United States is 3l2..
CSC. 1855 During the year 1905
there was produced Of manufactured
products $14.S02.1 2.147.087.
The same authority gives the in
formation that the farm values Of the
United States reached the enormous
sum Of $20.sl4. .O01. 1886. and to this.
which is the land value. must be add.
ed $13.l14.4s2.056. which represents
farm improvements. 1t is needless
to give the value Of miscellaneous
stocks. ETC.. but 1t Is sufncient to say
that during the years 1905 and 1906
that the annual production OF the
farms OF the United States amounted
to $500. .000. 900. 1t will be seen
from this that while the value Of
farms and improvements is very near
~ three times the amount invested In
manufactures. that the production Of
the farms annually Is only about one
half OF the value Of the manufactured
products: but when 1t II taken into
consideration that the farm supplies
more than 80 per cent. Of the articles
that enter into the manufactures. It
shows how important is the Amer
lean farmer.
Last year the wealth produced by
American farms was five times great
er than the value Of gold and silver
produced In the United States for the
year. 1t IL estimated that the gold
produced In the world since the dis
c0very Of America by Columbus up
to the present time IL approximately
3ll l.36S. 900. 900. During the same Pc
Rod the production Of the silver Of
the world was $l2.l20. .ooo. 900. Thus
Il can be seen that about every four
years American farms bring wealth
into the world greater than all the
gold and silver that has been pro
AucoA sinco Colunbus' time. The
wealth q the United Otates 70 now e.
timated at tll3. .eoo. .eeo. 900. American
farmers are adding to this wealth At
the rate Of between ts.0oo. .oeo. .oeo and
7.ooo. .000. 900 yearly. The total wealth
OF Great Britain and ireland 10 placed
1t e60. .3oo. .ooo. .00e. At tho present
wealth producing capacity OF the
American farmer. In less than ten
years the wealth he produces would
aggregate moro than the total wealth
OF the great kingdom Of Great Brit.
ain and Ireland. The total wealth OF
all Of Italy 10 estimated At el3 .0oo. .ooo..
80. Every two years the American
farmers produce enough to buy the
Kingdom Of Italy. and every year
American farms produce wealth suf.
Actent to purchase all OF Belgium.
Outside OF the Is original states
In adding to It's possessions expended
3s7.o5S.7ss. This includes the Louis
lana purchase. the Mexican purchase,
Alaska. tho Philippines and all United
States possessions. covering 3.o37. .sl3
square miles OF territory. The cora
corp Of the American farmers each
year 10 valued at lol times the amount
that was necessary for the United
States to pay for all Its great posses
sions. The cotton crop alone for 1905
was seven times enough to Reimburse
The Uaitsd States for its expenditures
o account Of the acquirsmsnt Of The
vast territories purchased. Il 10 need.
lees To further make comparisons, the
American farmer is The great wealth
psoducsr Of The unioa. Upos his work