Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1916-06-16

and promising his children future
that seemed impossible before
During the past four years this coun-
try has experienced a steady and con-
tinuous Improvement in business.
Wealth has increased 81 per cent, the
value of manufactured products 80 per
cent. capital 40 per cent, wages 81 per
cent and exports II per cent. The flood
tide of our prosperity has risen to
such an unprecedented height that the
only limit to trade is our ability to
make and transport the commodities de-
nanded at home and abroad. Our
fields and factories cry aloud for men
and unemployment has ceased to be
problem. Wages have advanced, build
ing operations have resumed. real es-
tate has recovered it's worth.
There is not an idle car on our
railroads or an idle ship at our docks
For the first time in history Americas
greatest port has become the worlds
greatest port.
Economists say that railroad earnings
are an index to prosperity This year
the earnings of our railroads are sixty
million dollars more than under the
last year of Republican rule.
The purchasing power of our people
is greater than that of any other peo-
pie on the glooe Never was there as
much money in our vaults as today.
The aggregate resources of our nation
al banks are three thousand millions
more than the aggregate resources of
the Bank of England, the Bank OF
France, the Reichbank of Germany, the
Bank of the Netherlands, the Swiss Ma
tional bank and the Bank of Japan. we
have four hundred and one millions or
money more than we had year and a
half ago and our gold supply exceeds
by many hundreds of millions the gold
supply of any other nation on earth.
CALAMITY HowLER CLAIMS
THAT THE BEARINGS ARE HOT.
Our prosperity is not local. The cot
ton fields of the south, the factories of
the north, the marts of the east, and the
mines of the west feel it-with ma
tionaI response and a national thrill.
Nowhere else on earth is there more
equitable distribution of what the en-
ergy of labor hammers into existence
out of the material which capital places
in it's hand.
The calamity bowler complains that
our productive capacity is keyed to such
high pitch that our industrial machine
is threatened with heated bearings, but
he ignores the self-oiling attachments
which this Democratic administration
trial mechanism. While calamity wall
ers talk of the struggle and the battle
which is to come after the war, earnest
men of business, with America in their
minds and America in their hearts, act
on the principle that the better we serve
our country and ourselves in the present
the better we prepare for the future.
The prosperity of today is true
nrosperity. for it is founded on true
balance between agriculture. nanufac.
turing and commerce. Ask the hrst
man YOU meet how many of his friends
are employed in munition factories! ASK
the bankers you know how many OF
their accounts are munition makers ac-
counts! Their answer will show what
a trivial figure war orders play in oul
business today.
Under this Democratic admlnlstfa-
ton a record breaking balance OF trade
stands in our favor. In the last nine
months our exports exceeded our I'M
ports by one billion dollars. In all the
history of all the nations in all the
ages no country has ever enjoyed such
a gigantic balance of trade. It's hgures
almost defy comprehension. During All
the wears of Republican rule our export
trade never reached $500, 900, 600 in any
one month. Last March 1t reached
S410 OOO. 900. If this rate should con-
tinue for a year we will have approx
mately a yearly export business or hve
billion dollars.
This is unparalleled in the annals Oh
commerce. Hitherto England mas Deen
the greatest of exporting countries. But
her best year is two billion less imam our
preSent