The morning journal-courier., 1908-07-29
IMMIGRANT MONEY TIDE TURNS BACK Postal Records Show Inflow of Cash from Old Homes
 to New. YEARS RECORD SIGNIFICANT Ellis Island Barometer for the Gaug- ing of Industrial Condi-
 tlons.
YEARS RECORD SIGNIFICANT

New York, July 2S,--Immigration figures, just compiled for the fiscal year ending June 30, show a vast fall ing off in arrivals at this port. It has amounted to almost 30 per cent, as against the figures for the fiscal year of 1908.
 Up to July 1, 5S5,97O aliens passed through Ellis Island; last year, 1,116,295 foreigners arrived here. In the fiscal year just ended approxi- mately 600,O00 foreigners left this city for their home countries, For the first time in some years. therefore, the emigration Is greater than the immi- grafton.
 This decrease is significant in more ways than one. To say nothing of the economical relations between cap | ital and available labor, there Is the fact that the one million and more aliens who arrived here in the prev ious fiscal year brought with them S25,599,S93, whereas the total sum brought by the decreased number of foreigners in the year recently ended was s11.S12.000.
 Figuring importantly in connection with the report of the immigration | authorities Is the statement of the To- cal postal officers that In the last part of the fiscal year-beglnning, in fact. with the october panic and the con- sequent exodus of natives of foreign lands-thc outgoing money order bus mess showed a decided decrease. The falling off in June, for instance, was 2.S3 per cent in transactions and l 20.79 per cent. in money.
 lt was only the heavy Increase in money order business from June, 1907, to october, 1908, which prevent ed radical deficit for the year. As 1t was, the failing off In the latter months was not sufficient to drag down the percentage to the level of former years.
 The most interesting fact of which Superintendent Elliot of the money | order department had 10 tell, how. ever, was the tremendous increase in i money order receipts from abroad In | tho past few months particularly in June. In that month the increase of the number of money orders amount | ed 10 7,5l4, and the money involved ! $il0,999.75. For the year the in- crease, which began to show after the autumn panic, was 53,i34 orders, in- volving s2.53s,236S1.
 This was regarded by tho postal au- thorities as having an important bear ing upon the sum of money which foreigners took abroad with them In the recent exodus, It meant. In brief they said. that the men who took this money abroad were obliged Co send 1, back to assist wives, children, friends and business associates. who were in need of financial help A few months more of such figures as characterized April, May, and June will, 1t Is ore. dicted, see the United States practical. ly square so far as the money which the emigrants took away Is concerned
 Of the figures compiled from tho monthly bulletins of the commission er-general of immigration. showint the total immigration to this port lr 190T-s, 3I263 who had been in hi country before were not counted. Nol were those counted who arrived her, on their way to foreign countries.
 Of the 5S5,970 arrivals here. s3,OO, were under fourteen years of age; 20. 900, approximately, were more thai forty-hve years old The great ma { jority about i7i,000. were hetweol , these ages; in other words. a vast pro I portion of the Immigrants who cam s to make this country their home were in the prime of life.
 Commenting upon the falling off II immigration, Robert Watchorn, com missioner at this part, said to-day that there cCNld be no doubt that th decline was due to economical condl tIons in America, and that 1t woul r continue until conditions were Inn | proved
 - Ellis Island" he said. Ifs the nos Q accurate medium In the world for de il termining the actual industrial con v ditlon of this country. When time are bad, the exodus of foreigners Inc . vitably begins, and when labor g | q demand, there Is an immediate rus
 for shores. Thus the tide of lmmi r grafton balances itself year by year.
 While the commissioner was speak