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Show mi: I'tiiu.cMivMiii'oriuMMs. Till IlraMmt Company haa uit Issued a little brrchuro diallug Willi huil n, failures In Iho United Hiatus nndCaunun. It might iroprrly bo entitled en-titled thu iblloaophy of commerce, from thu manner la which statistic! aro handled. Tho total numttr of failures In thu Unhid Btatoe and Canada In 1601 was ll.O, nearly lt!er mil. more than In lStlu, but not qullo 7 1 er cent, more than In liS3. Wieu compartd with the number (1,100,000) of Individuals, firms or coriiorallons rated as to credit or capital, or both, thu failures are only 1.R rceut. uf the total number in-gagidlnbuilnesiand in-gagidlnbuilnesiand rated as Intra Jo j dlrertorle. 1 Whst Is most striking In relation lo thla police 1 eplonage, at II may bo 1 called, over traur, li thu fact that OI.S per cenUof tho H.illJ falluns wirei rriiortiil as doubtful by trade ngenclrt. I Bo nearly psrfeit has this tjateiubo. come, that merchants by tsklng pror I recaullona may lo almctt absolute y guarded against loe. Htatliths of credit rating and buil-nca buil-nca falluns are gathered from 3,80X1,-UtiO 3,80X1,-UtiO njuare miles of territory In Iho United Btates aud Canada b) moiu than 10),tkj oorresiioudents. A whole-salu whole-salu film In Chicago, If nt piled to for credit by a Lutlnest mau, either fri-iu l'rovo, Utah, orlroin Toronto, Cauada, has only to telehon to llrnlatrtetor Dun and naccrtiln tn lluanclal standing stand-ing of tho proHjiictlvo buyer. Of these ll,'.! I failures the greatest numbtr, marl) COM, aro attributed to lack of lapltal, tho next to lucom-tence, lucom-tence, then come disaster, speculation, specula-tion, luexrerleuce. uuwUe credit, ex travagance, fraud, failure of otheraand w on. Tha jerfcctlon of the aastenl la shown by the fact IbatSit.S pr icnt. of thtte failures was furishadowed In Jntiusry, IsOl, bilug then rated as |
