The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1910-04-08

Declares We Live In an Age q rinan-
ciaI Delirium--B Blames Extravaganee
FOR High Prices and Urges Economy.
Every Dollar unprofitabiy Spent
Marks Crime Against Posterity.
James j.. HIl the venerable railroad
builder and manate, who delivered an
address at the Minnesota conservation
convention in ST. Paul the other day
III which he advocated the couserva-
tion Of capital, condemned extraya-
gance as one OF the causes Of the In
crease in prices and told how the situ-
alton described BY him might be rem
edied. Mr. Hnl declared that 1--WE are
living in an age OF worldwide inan-
cial dellium" and chat next after the
conservation Of the land, its area, use
ana fertility must come the conserya-
hon Of national capital in the form q
cash ana credit" Mr. fiill said in part
an our cities modern extravaganza
finds its most untramnieled expression
The total debt Of the states, including
ali minor civil divisions, increased $l3,-
g2l, l,448, or 125 per cent, between 1880
ana 1890. Between 1890 and 1902 il
increased $727T7s,393, o. GA per cent.
"Debt figures. however DO not begin
10 tell the story Of our national ex
trayagance. only small part of our
4 expenditure is represented by debt GA
bles. The rest Is raised by Increased
taxation
How National Expenses Have Grown.
Although the great business expan-
sion Of this country began right after
the civil war, the expenses for 1880
were but S4,000,0o0 greater than those
IL twenty years before. Since 1870
these expenditures have grown SO
100000 a year, until now they are
1914 per cent more than they were
eighteen years ago The answer to
the charge Of billion dollar session
Of congress is that this has become a
billion dollar country The apology Is
neither relevant nor true. II Is not
necessary that expense should increase
ii the same ratio as growth
.gThe Following little table, exhibit
ing the whole situation, might be
printed atSthe top Of every lelterhead
used by any man in public office any
where in the United States:
INCREASES
Per cent
vaoltb 1s7o-qo liz
Foreign trade lSlo-90 -.--......+-t-...., W
Value manufactured products, Bto-@ III
Net ordinary expenditures Lnlteu
States government, lSl0-90 ...,.....+-. i.
Expenditures 30 states ls90-l90s ....- 2Ol
Wealth, $4,000 .....-tst........-.,.,,st.- y
Foreign trade, ls90-0S ...........t,.-... ~
Value manufactured products, lsN-uo Us
Net ordinary expenditures United
states government. ls9O-OS .,..,,,.- la
"The phenomenal increase Of public
expenditure has already produced
plentiful crop Of public ills II Is one
Of the causes Or the increases in prices
now disturbing the people. This II
crease follows in a suggestive way th'
imitation or national and local budgets
The average cost Of the supplies tina
must be bought for practically eyer'
household increased about 80 per cen
between 1896 and 1900 During tn
past year there has been marke'
lifting Of the price level Foodstun
cost from 10 to 70 per cent more thal
ten years ago.
Something Is due to enormous cur
rency imitation. The tariff Is anoth
er contributing cause Combination
which are actually in restraint 9
, trade, which have monopolized thel
fleld and are either controlled by
common secret management or a s.
cret agreement to maintain exorbitan
charges, are partly responsible.
Extravagance National Trait.
.stilI more Of the rise Of prices
due to the decline Of agricultural proc
ucts as compared with the increase {
population. Yet with due allowanc
for the effect Of these forces that mas
Tor dearer living there still remains
large unexplained @dancc which nui
be credited 10 the lavish expenditul
which has now grown q be 4 nalion'
trait
Waste. idleness and rising wage
all interrelAted 70 one anothcr now
cause and now Az effect are next
an overissue of iredeemable pape
ne three most powerful forces ~ q
World % raise prices.
Remedy Not Obscure.
Perhaps the greatest factor of
III the price problem IS the wage raj
Everybody knows that labor cost
lhe principal item IN all forms Of
dustry The wage rate has been =
ing steadily In this country Powerf
forces are back Of this movement
has public sympathy no resist Is dii
, cult and may be dangerous As a
Or production is chiefly labor q ~ Z
price of the finished article must
h 10 II the price Of labor Il raised. Al
, s. Just az true of the farm as of {
I factory.
"The SAVING feature of our situatl
IL that 81 II not complex and that
remedy is not obscure LET the y