The Birmingham age-herald., 1915-08-04
Comparison of Crops With Original Amount Involved
 in Louisiana Purchase
DOLLAR A BUSHEL
 SEEMS NOW LIKELY
Foreign Demand Is Expected to be 5000, ,000 Bushels Day Dur ing the Coming Market
 ing Season
By HOLLAND

New York, August 3,-(Special --Abram E. Hewitt said. in 1885, to Sir Henry Bes- Femer that he had made a computation which having been reduced to neures' showed that the invention of Sir Henry or fl new and cheap process for making steel had within 25 years increased the wealth of the civilized world by an amount substantially equivalent to the aggregate wealth of the civilized globe as that was 5oO years earlier.
 Reports recently received from the northwest and the far west have remihoeo some in this city of the statement made by Mayor Hewitt, for 1t is said that the aggregate new wealth created by the farmers of the west and northwest Will exceed by hundreds of millions the amount 4 maid by the United States for the Louis Jana territory 112 years ago. President Je-- serson paid $l5.OOOoOo to secure sovereignty from Napoleon Bonaparte over the Louis sana territory. Three of the states of the northwest whose present area IS incluoeo An the original Louisiana territory Will a create, in 1915. new wealth from wheat alone of approximately s22o, 900. Our in vestment of sl5,00,OO0 in this territory has. in addition to important political con- alterations. returned to the United states many hundredfod since the Secretary of the Treasurer. Albert Galatn, paid the S15,0O0,o0O to Napoleon
 Within few days reports have been received in this city which make it clear that the farmers are matching in their endeavors this year the manufacturers
 lf, ,,st t,r1 reports that there is no longer any reas- onable ground for doubting that the new "a wealth which the farmers of the United States will this year draw from the sol will be in excess of $10000,000. The fg- ures which have recently come from the northwest re referred to by those in thls city who have read them with amaze ment and with qualification. The great region of which Minneapolis is the com { mercial and financial center Is to con tribute not less than 221, GOO OOO,OOO bushels of wheat to the aggregate wheat crop oi > the United States. For 1t is the estimate that Minnesota will harvest 62,0O0,OOo bush | els of wheat, North Dakota approXimatelS 100000 900 bushels, and that the three states Minnesota, North Dakota anc South Dakota, will contribute nearly one ! foutrh of the aggregate amount of whea harvested this year.
  ing since reports from Minnesota hav' made it clear that it is rapidly becom z sng one of the greatest of the states O yhe union in the production of dairy prod ucts MT. Harding of the federal re serve board at Washington has upon sev era! occa sions in public and wheneve
 opportunity has offered. in private earn
 estly counseled the farmers of the soutl that they practice gerater diversity in th cultivation of crops. Some of them hay
 accepted this advice, so that the souti is to yield this year a record making graii harvest Some years earlier, the farmer
 of the northwest were advised by leadin' men of that section to abstain from exclu sive cultivation of wheat. A diversity O crops and particularly the raising of bee and dairy cattle. were urged over and owe again by James J. Hill, by Howard Fl