Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1916-04-20
AND PROSPERITY OF TUT
UNITED STATES.

Financial prosperity and strength is greater in the United
States today than ever before and is rising rapidly to new levels
according to the Interpretation placed by the comptroller of Na
currency on figures made public last week showing conditions
March I, the date of the last bank call, in the country's national
banks. Here is what the returns show:
Total resources of national banks, $13,8 $685. 100000, an in
crease of 1921, 100000, or 20 per cent within a year.
Total deposits $40, 1900 900, an increase of So 9SOO
900, or nearly 25 per cent with a year, and an increase of $41.
100000 since December 81 last.
An increase Of 1890, O00, 900 in loans and discounts within
a year.
Surplus and undivided profits of 81, O31, 278,OOO, an increase
of $4,000, 900.
The increase in resources within the past II months alone
Comptroller Williams pointed out in his statement, e.
ceeds the entire resources of the Reichsbank of Germany; and
the aggregate resources of American national banks, exceed
by $3,OOOyOOO the aggregate resources of the Bank of England
the Bank of France, the Bank of Russia, the Reichsbank Of
Germany, the Bank of Netherlands, the Swiss National bank
and the Bank of Japan"
'Tt is conservatively estimated - reads the comptroners
statement, that the surplus reserve now held by the national
banks would be sufficient to give a further loaning power Of
three or four billion dollars should the growth and development
OF commerce, agriculture or industry call for so huge an en-
largement of credit.
Notwithstanding the Anglo-French loan of $5oo,OOOM)
and the loans made to other foreign powers, amounting to sew
eral hundred million dollars additional, in which our banks to
a greater or less degree, have participated, there are no In
dlcatlons of unsound initiation or excessive loans, and the
national banks of the country have never been in a stronger
position tina they are at this time"
Is this a statistical result of war prosperity or of the United
States at peace while the world is at war?
just a soul-stlrring reminder of the way prosperity thrvs
under free-trade, a recent report of the Federal Trade commlF
sion reveals the fact that of 100000 corporations in the United
States 100000 have no net income whatever; 10000 make less
than $4,000 a year, and only the remaining $4,000 made $aW
a year and over.-American Economist.
Hug! Piggies not s~tisfied-eh? But what a whopper of
lie! But even if the above were true, how many skilled
who make the millionaires their millions, make one
half OF the $4,000 a year? A little more protection for gray
haired infant industries, eh?-Ferdinand Enterprise.
For example, protection for the Harvester Trust anu
Oil Company the Sugar Trust and Steel Trust. These
need 1T bad. Better be explicit brother.
The organization of the Comision Reguladore, a group Of
Mexican slsal planters financed by American capital, result
ing IN n abnormal raise in the price of binder Irvine, promPae
the suggestion that our American civilization has effectNeE
reached and taken hold Of a part of the Mexicans at least au
without Intervention.
Two views: Roosevelt says that eff the Repubhcp
party nomlnates me, that must take me because the counu'
me and needs me. (Repetion of "me' and ~ pa
as enthusiastically Rooseveltian) The Grand Wv
rarty says we must win even if we must take Roosevelt"
III is still no hard matter to read between the lines OF ~
press reports on the Mexican situation that the "4
interests, !" which have large holdings in Mexico, are still Wp
ing tnelr system to bring about Intervention by this goVep
In Mexican affairs. Such Intervention might not @J
DAD, II the fellows who want their Mexican holdings protec0s
Oy uncle Sam would shoulder the guns and do the flghDs
put when they ask that your boy and my boy become tars.
or Mexican bullets that their investment might be made secr