The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1909-08-17

prosperity was already at hand in
this country when the tariff law went
into effect.
This fact is easily proven by a
glance at the trade statistics for the
month of July. These statistics TEEN
with examples of the steady improve
ment in trade. The figures on iron
production for July, for instance, are
significant. The July output in the
iron trade was 2,101,579 tons, which
compares with 100000 tons in June
and 1,21S,000 tons in July, 1908. Iron
production is now running at the rate
of 25,000,000 tons per annum, and it
is to be remembered that in the rec
ord breaking year of 1907 the total
output of the furnaces was only 25,-
7S1, 900 tons. The demand for struc-
turaI steel is strong, especially in the
railroad business, and on the part OF
the companies which supply the rail-
roads, as the car and locomotive
builders
In July the orders for cars amount
ed to nearly $4,000, as against 1900
in June. These increased car orders
are easily explained when one turns
to the figures, which show that in
June there were largely increased
gross earnings on the part of leading
Southern Pacific, the Pennsylvania,
and the New York Central
When the bank clearings are con-
sidered there, too. is equally strong
evidence of the revival of trade Elk
changes at all points for July exceed
ed those for the same month in July,
1908, by over 81 per cent, and of
July, 1906, by nearly 10 per cent.
Business failures for July were the
smallest reported, both as to the num-
Der and amount of liabilities involved.
since the financial crisis of the fall
of 1907. The crop report showing is
excellent, and the securities market
strong
ie nj
ready at a high tide of prosperity
which gives every indication of run
ming higher. The revival has been on
for number of weeks. 1t has come
without reference to the tariff, with
out regard to when it was to be re-
viSed, or just how it was to be re-
adjusted. Long before the tariff bill
had passed the senate, and weeks be-
fore it was known how it would be
adjusted in conference, the signs of
Gus. The revival of business has come
without regard to the shaping of the
Aldrich-Payne bill, and proof of this
can be found by anyone who will look
into the trade and business facts of
June and July.
Doubtless the politicians who voted
for the new tariff measure will have
different story to tell to their con-
stituents, and will ascribe all blessings
to the new measure But 1t will not
be so, and it will be just as we'll to
remember what conditions were when
the new law went into effect 1t is
true that with the tariff policy pre-
sumab1y now settled for some years to
come, and with every business inter
est knowing what to depend on, there
will be everything to bring about
record breaking degree of prosperity,
but the Inevitable revival of trade
Postal receipts at the so largest post
offices during the month of July show
ed a decided increase over the same
offices the increase in gross receipts
ranges from 00.51 per cent to ALA per
cent over the amount OF July, 1908. The
only offices at which the receipts fell
Pa. The receipts decreased 248 per
cent at st. Louis and 2.86 per cent
at Scranton. The most notable in
crease was at Seattle. Wash. The
gross receipts at that Office jumped
from SCI. 507.3 in July, 1908, to $87, 1S6.2S
during. July, 1909. an increase of $25,-
1851, or ALA per cent. The Alaska
Yukon-Pacific exposition had much to
do with the enormous increase at Sc
attle-- The next largest increase was
made in the office at Dayton, o. The
gross receipts at that office increased
IS. Ii per cent over July of last year.
Washington, d. c., reported the third
largest increase in postal receipts dur
ing the month; the increase at this
office being 1853 per cent over the same
month of last year.
Postal receipts at these so offices US
uSal1y reflect the condition of business.
AS this is generally accepted as fact.
the gross postal receipts for the month
just closed show that business has
improved remarkably in practically ev-
cry section of the country. The per
cent of increase averaged by the sol
largest offices in the country reached
SIS per cent over July, 1908. In July,
1908, these same offices showed an av-
erage increase over the same month in
1907 of only asa per cent.
Major Sylvester, of the Metropolitan
police of this city, has received mes
sage from the chief of police of Coffey-
vile, Kan, advising him that Charles
Meyer. one of the two men recently
arrested in Savannah and brought here
to answer a charge of having passed
worthless check at the Hotel Driscoll,