Evening star., 1937-06-27

In the Senate. later published under
the alliterative title Of proof Of
Permanent Economic Progress" which
gives an excellent summary Of general
conditions. as reflected IN the press Of
the day-both Republican and Demo-
cratic.
1T Is gratifying to note" said
Senator Robinson. from numerous
press reports, editorials and other In
formation that there Is steady prog
ress toward prosperity In the economic
Affairs OF the country. The recovery
in the prices of agricultural products
has been phenomenal One OF the
headlines Of the New York Herald
Tribune Of May 70. 1897, reads, Corn
reaches l2-year peak; in the same
paper on May 70 We find under
Minneapolis prices Of wheat May
wheat quoted at Sl4l bushel, as
compared with 81 cents . bushel in
1892. In recent months wheat has
sold as high as 81. go q bushel"
r ECORDS Of the States Tax Com
~ mission in Iowa are quoted as
"an impressive record Of business
recovery in Iowa" A journal OF
Winstom-Salem, N. c.. enthusiastic
cally comments Orchids to Winston
Salem! According to Forbes Magazine
this city is listed as tops in the
United States for concentrating sales
activities, for collections and other
promotion operations of business. The
median gain for this territory, contain
ing 1000, 900 or more population and
including Salem, stood at 345
per cent over last year"
Senator Robinson then quoted press
releases and editorials from every sec
ton Of the country telling the same
story, including the comment of T. M.
Schumacher, chairman Of the board
of the Denver, Rio Grande & Western
Railroad and chairman Of the Execu-
tive Committee of the Western Pa
cific Railroad, who stated after an ex-
tensive trip over both roads. Cen
ditions in Colorado. Utah, Nevada and
California look exceedingly favorable.
The beet crop in Utah is one OF the
heaviest in years and the wool crop
promises to be exceptionally good
Ore and coal movement Is picking up
and despite the unseasonal frosts In
California fresh fruit loadings have
held up well, with shippers getting
better prices for goods"
The Wall Street Journal contributes
It's share of information on this
question Of the reality of our ''re-
covery" with a report to the effect
that General Electric new orders are
seen at quarter peAk-rate of in
coming business indicates around
3l31 ,00o, 900 for current three months
running about 10 per cent above
1886"
Insurance. states the New York
World Telegram, In Senator Robin
sons press compendium, "up IL per
cent in April, 1887. and for the first
four months Of 1887 up 81 per cent
over last year. The report pertains
to new paid-for business Of 40 COM
panies having 80 per cent Of the total
life insurance outstanding In all the
United States legal reserve companies.
Total new business written in April
increased Is per cent over year ago.
Group insurance jumped SO per cent.
For the first four months OF 1887 the
total new business showed big in
crease, with industrial. ordinary and
group insurance all allowing . big
percentage Of gain"
30 the length and breadth Of the
land and press reflects the cheerful
state OF national affairs. with predic-
tions' still roster for the new hsca'
year upon which our Government VIII
enter ON July !.