The record. [volume] (St. Maries, Idaho) 1913-1918, 1914-07-21
THE NEWS TO SPREAD

journal dNn nlvMn WNai lHDNkl i
I'M business men, unbiased Dy
strictly nOn-partizan trade
nolitical prejudice, think OF ihr
legislation passed by the present
Congress, and its effect on bus
mess.
There are many evidences That
The more optimistic feelin-
which has for some time been an
parent IN lhe Central West is
spreading through the cOunt
This feeling, Of course, had its
origin in the splendid crop pros
poets and. naturally, il began
with those who we're 50 located
AS 10 be in a position TO Obsefa
these highly favorable conditions
al close range.
That this particular ground
for optimism is fully maintain
ed is strongly indicated by the
Governments crop report of This
week. This report indicates
that the brilliant prospects are
fully maintained and gives new
indications Of exceptionally large
Yields. The wheat crop prom
ises 10 greatly exceed the record -
breaking harvest Of last year.
Z he report is furthermore Of es-
pecial Importance as the first ol
the season in reference to corn.
The estimated yield Of this COM
modify is some 400 million bush
els larger than that Of last year.
Larger crops Of oats and barley
are also indicated.
already the railroads man
ag.nent appear TO be impressed
with the demands which will be
made on their facilities for NOV
ing the enormous haryests, and
incidentally with the increased
income they will derive there
from. The Pennsylvania has
PIT back TO work the 1900 mel
laid Of some time ago in its A.
lo0na shops and is emDloyin
additional mechanics from other
centers. The road has also en-
larged its equipment producing
plant and has just placed un-
usually large orders for freight
engines and cars.
The Baltimore & Ohio has put
on several hundred men In itl
Pittsburgh shops. The Southern
Railroad is reported as about "a
close a large order for rails
This road reports the best year
In lie history up 10 June SOth
lessimists, however, console
themselves with the thought thai
railroad earnings in general con-
tinue TO show large losses, while
the number Of idle freight cars
on July ist was larger than al
the same period in any one Of
The last five years.
The railroad situation still
hangs largely on the long await
ed freight rate decision Of th'
.eierstate Commerce Commits
and the delay in handing down
this decision is one Of the sore
spots in the situation A fav-
orable sign in another direction
is the decrease in the number ol
commercial failures for June
smaller than at any time durine
the present year. Comparison
"f the liabilities would, however
L. misleading as these hgnr o
we're swelled by the Clahin en-
barrassment.
Those who anticipated a mark
ed increase Of our exports undei
the new tariff will do we'll to ex-
anime the Governments mos
recent figures. Secretary Red
Held, Of the Department Of Com
mefce, states that during To-
first eight months under the new
tariff foreign manufacture
s-it into the United States onll
6.s per cent more Of their finish
ed products than they did undel
the old law. This is littl'
enough in itself, but even a vs"l
much larger IL crease in import
49, shrink int. insigniflca 1c'
IN the light Of the small part i'm
ported goods play in compari-
son with our domestic producioi
Take wool manufactures, for m.
stance. Our total imports o.
lfese for tho year 1913 reache,
value az less than i715 milli'i
dollars, while the products o.
this country's wooden industry
according TO the United State
census In 1909, reached an az.
sfegaie Of over 500 millions. J.
N"'i'd indeed take a very mic
larger Increase in imports u
make a serious dent in such az
enormous domestic production
winch, no doubt, has greatly IN
creased since that census.
Again look 81 our national q
nahces. The United state
treasury has a surplus Of $685.