The Cairo bulletin., 1910-12-16

OF lumber We're forced 70 find othei
with the result taat fibre boxes had
made large inroads on TIE lunlber
business also structural iron and
concrete Greed had entered into the
lumber business, ana the gesnlt Aad
! been d period OF depression. Il
would seem to he in order TO modify
prices in order to revive the use OF
lumber, the supply being ample tar
all the needs of the country ii PROP
erly handled. Mr.. Aisthorpe he-
lieved that financially the United
States was progressive. and the cons
dition was better thanNit. had been for
many years. because there had been
extensive and systematic liquidation.
Leading financiers advised caution,
however. The talk Ct wrste and en-
travagance was not without merit;
hui il could not apply to the wage
Garner and the average business mln
becarse these were not likely 70 IL
iulge in extravaganza and waste.
The wage Gamer especially had h.tle
chance to waste much. having to pay
from so to 100 per cent more for the
| necessaries of life, in many eases
without any corresponding incre7 Sc
| in his wages. The caution agaiGs,
waste and extravaganza should be
| directed at governments general y,
| which increased the taxes to q poinJ
beyond the capacity OF ire MXp31er
While it was true that in 1900 t,e7e
were 1897 banks in the country
I with deposits amounting to $TtS2,-
| 100000 and in 1910 there We're 27et0
banks with deposits OF Is billion iol-
| lars, which seemed like e 0 =
showing, it was also true, as against
this showing, that there We're ort-
standing loans oil u billion dollars,
In 1900 there was $2,054,S50,2lt OF
money in the country or S26.93 er
capita; at present there is about 49,
255,000,000 or about 500 per caEita,
which was an increase of $125,0300E0
over last year; and 5till the &C gal
money was not keeping up to the de-
posts in the banks, which seemed to
Indicate that there were large sums
OF rndigesteJ assets. Still the was
no rkason tc look for money PAM
because under the new system az
tholized by law currency could be is
, sued against bonds and mortgages IN
case OF need There might he an-
other panic. but it would be a Ing
way Oft ami if due caution was e2ar-
clsed there as no cause for alarm,
Mr.. Aisthorpe looked for pTosre GUS
/, times in 1911.
a. B. Turner, manager Of ire Sin
gers Cos big plant, SPOKE cf the
seen tngly wanton waste Of wood N
taa southern states, many trees b.
ing destroyed by fire. He d'd not
. blame the southern people for this
because they probably needed tlc
/ lald more tnan the timber and The
. cost of marketing the lumber Or tim
Der would eat up the value. But hf
hoped that some way would be dc
n vised in time TO STOP it. As to IN
supply and prices of lumber, re sac
While the former were high the psc5
, poets were coed for businees an,
= lumbermen could fud a marie for
l. they could supply TIE day WIS pas
q when there was tee much lurber Il
1 the country ard il would be we'll +
d take care OF wha there was. Tn
prospects for Msiness IN 1911 was
good the factory ever which be pre-
siaed had been cutting more timbe
during the last several months tina
G for the same period in 1861, whic
4 was the year Of prosperity Olh7
q lumber establishments we're busy a
4 70; car manufacturers especial
S were rushed, and there was n3tAia
to in sight to discourage any ore for th
n coming year
2, Mr., Thompson, travelling represei
TX tative of the Singer Co., who ia
10 Teen IN the west. said the peopI
taere knew nothing of a paric. The
in we're all prosperous and hopeful.
ID ). w. Wenger, commercial agent
"a the Illinois Central spoke cans9fy
IL lively Of prospects. but saw no lease
nj for alarm 80 far as business was co
m eerned, The railroads were nrep re
he to handle ali thar might be oIert
IN and there was no plosFe 81 G,
no shortage EXCEPT perhaps IN cut of-th
N way places The railroads we're, nov
re ever, suffering, in common with oth'
ed interests, .frcm increased cost
KS equipment and operation, with no I
IT'S crease in rates; and while the erct
OF earnings made a good showing, i
an net earnings were less, which wou
,ig he cause for disappointment
o. stock holders. While he hoped Z
he umbermen would &c; fair prices {
ere their project he hoped they would
.ad equally cotsilerate toward the ra
nd roads.
m l.. II. Mussman, of the Zig Fol
to said the good crops this year lnsur