The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1913-06-05


{ more perlous to ansas than was
/ free sugar and neither of them more
r awful to contemplate than are react
e ionary policies to-day. Moses, in his
r rebuke to the children of Israel said
r the Lord had found them in the des
(. ert lands and made them 10 ride on
| high places Of the earth and eat OF
the fat OF the land, with milk and hon
ey. But Jeshurum waxed fat and
kicked" and followed after strange
gods. So 1t has ever been with the
children OF men. So 1t has been with
part OF the people OF these United
States.
The Amazing Increase Of Wealth
In the last 10 years We have had
the most phenomenal prosperity ever
known here or anywhere else; and
we have followed the example OF the
children Of Israel and kicked until
not only have we almost convinced
ourselves that we are suffering un.
usual hardships, but have caused the
people OF the Old World to wonder
II at last Their predictions are not
coming true, and that the Republic
Is about to crumble under dissatis-
faction and division. | do not make
this assertion about our prosperity
on my own observation alone. take
the census figures, and I am told at
the census office that our total
wealth is today estimated at $780,
OOO,OOO,OOO; it was sSS,OOO 100000 in
1900; s65,O00, 100000 in 1890; and
only $4,000. 900 900 in 1860. The in.
crease in wealth was not only the
greatest in volume but the greatest
in percentage in the last decade that
has ever been recorded by the cen.
gus Office.
This total wealth has not been gath.
cred into the hands of the money
trust or the tariff barons, nor has 1t
been centered in Wall street. 1t Is
just where wealth has always been
among the people who go to the
soil, the mine, and the factory and
produce wealth. The total value of
farm property increased from 500
oOO,OOO,0OO in 1900 to Sal, 1000, 100000
in 1910, and to this should be added
the estimates of the Agricultural De-
partment of s9,OOO.OO0,OOO for last
years crop to make the farm wealth
of the country $4,000, 100000 or one.
third Of the total wealth of the coun-
try.
GU manufactured product was val
ued at $4,000. 100000 in 1910, and
this does not include the value OF
the plants. Our railroads are worth
$4,000, 100000 and the real estate in
cities and towns is estimated at be-
tween $4,000, OOO,OO and s45,OOO.OOO
GOO. So without counting the value
of the mines and the shipping inter.
ests on the coasts and on the Great
Lakes, can find no evidence that the
money trust has gobbled up all our
wealth. The value of farms and
farm property not only doubled in
the last 10 years, but it has increased
five fold in the last 40 years for this
farm wealth was only sS,0CO,O O0, 900
in 1870 and it is now almost as great
as the total wealth OF the country
in 1880.
1t may help to relieve the fear from
the money trust to locate this farm
wealth. 1t is not in New York or
in New England or within h thous-
and miles of Wall street. More than
thirty.two billions, or more than four.
ilfths of ii, is in the West-the coun.
try that has been developed In my
time. Let me repeat the fraction
four,iifths of all our farm wealth is
west Of the Allegheny mountains in
what was the old Northwest Terri.
tory, and in the States west Of the
Mississippi River, where the people
are still supposed to be easily fright,
ened over the bugbear OF money
trust; but today those western farm.
ers use high power automobiles on
their farms and have sa,e deposit
vaults in the village banks. And
should this money trust make a raid
into that country, the people could
probably escape with their ready
cash. Only sS.OOO,OOO 900 of this farm
wealth is to be found in New England
the North Atlantic and South Attain
D. tic atates--or what was considered
the United States when WAS a boy
in North Carolina.
New England has 4,000,0Su acres
less of improved farm land than she
had in 1850; the Middle Atlantic
states 100000 acres less of improved
farm land than in 1880; and the
South Atlantic states 100000 acres
less of all farm lands than is 1860