The circle banner. [volume] (Circle, Mont.) 1914-1939, 1916-10-27
Trade Balance $2,5oo,ooo,ooo.

Trade Balance $4,000, 100000.
Predictions are made that the trade
balance for the~entire year will ex-
coed the unprecedented figure of 81
5D000.000. The value of the exports
for the eight months was So, 1876 $685.
2i2, an increase of 81 ,205, $50, 100 over
the same period last year.
Another financial authority, too.
has spoken-Charles Hayden, of Bos-
ton. He estimates. that American
| securities held abroad have been re-
| duced from %G.0O0000,O00, before the
war, to S1,000Q00000 at the present
time. G|oincidentally. the United States
has become & creditor of foreign ma
tons. for the first time in history, to
the eXtcnrof 81 500. 0G0,G00. Under VIII
son. therefore, we have wiped out
sG,GD1.0O0,000 Of foreign Indebtedness,
pnd are a creditor to the amount of
s59OO00 600.
mir. Hayden calls attention to the
facf that this always was a debtor
nation under Republican rule.
FIJI Glasses Prosperous.
And so. from all sections of the
country, from -all kinds. and classes
i MUsincss, from the merchant, the |
+ni.HGfactureE,r-tlle farmer, the work.
lngman. come reports of unparalleled |
Prosperity, The Chamber. of Com
pierce OF the United States. in an
oficfa1 report. declares that basic
stocks are rising. that railroad earn
ings are abnormally high Indicating
the great movement of commodities.
and that the national prosperity will
continue -----.,.s--sS-
Not temporary prosperity, due to
the war, is this that is filling the
golfers of the. nation. 1t has a sound
basis for permanency, made certain
BY the laws enacted under the Wilson
Administration. The President him
self. in his, recent speech at Balti-
more, emphasized the value to the
country of the Tariff Commission, the
Trade Commission, the Federal Re-
serve Board and the shipping bill.
These enactments not only viii slim
Hate the productiveness of the coun-
~. but will safeguard its. output and
'rovide a means Of conveying it to all
he ports Of theSworld.
How Business Has Gained.
Here is just a glimpse at percen-
ngcS. prepared by expert statisticians,
hat prove what the Wilson Admins
ration has done for the people:
Increase in bank deposits, 6S per =,
ent! tifoney~ in circulation. % per-
pnt stock of gold in United States,
81 per cent; foreign commerce, 52.7 :
er cent; balance of trade in favor !
+ United States. 1916 pei. cent. i
exports, AL per cent. !
exports, f55 per- cent.
lilway revenues. 37.6 per cent. value i,
general crops and live stock, ,12.4 !
er cent; value of wheat crop, 67.5 :
ar CENT, output of pig iron,s 50 per
mt; production of steel, 35.5 per :,
mt; farm lands, 1877 per5cent |, men ,
npi9yed in manufacturing 1872 per =
.pti wages paid in manufacturing, =.
.5 per cent; capital employed in Z
I.i
manufactured products, 412 per {
mt. =
So 1t may be seen that ail-Iines of {.
dustry have profited under the great Z,
ave of prosperity that the Demo !,
attic administration has wrought. =
AND THE MUNITIONS BUSINESS =
ONLYsONE PER CENT G;
7 TIE TOTAL OF MANUFAC- n
JRED PRODUCTS. -ss..ese.s.s.s ...4 - g
Is It the part Of wisdom, therefore, OF
Va'nble with prosperity such As
sA =. AZ nj
WIN the American voter. dare to th
low \awey a sure thing, on the "a
ance What his return may be the %
oroouf cost Of vars poverty and Gu
vastatiPpn7 e