Show S TRUTHFUL FIGURES FIGURES' THAT THA T DECEIVE AT Under tl tJ the e title This Prosperous Nation the following was as se sent t out from Washington a a. a week igo Tho The foreign n commerce of the United States for or the twelve e months ending October 31 1 exceeds by tho record mark made in th the year ending O October tober 1907 It exceeds the commerce of five n years rears ago by 25 per cent rho Tho in increase rc e of oC 1910 over 1905 1005 is In five years imports imports im- im im iii ports have increased and exports A part paH of the increase in both accounts account is undoubtedly due but much is is due tp increase in to the increase inc ease in in commodity prices crease in lD in quantity purchased and sold 1 If f the commerce of this month and next month holds hold up to lo that of the same months rn of last year the total for 1910 will exceed the total of 1907 tho the record year thus far In five years lh the tho imports of the country have increased 35 per cent arid and a very largo part vart of the gain ain appears in in raw materials The much slower pace of gain fam in exports is attributable to the decline in shipments ot of foodstuffs These o facts in combination show clearly an enormous increase in and the power of tho the both the requirement pur American people veople In connection with this evidence of greatly great great- there is an interesting sidelight sidelight side side- lr increased purchasing power ly lr light in the tho statement recently issued by Mr Lawrence 0 O. Reference to the Murray the comptroller of the currency returns for 1905 shows that thai in that year 1237 savings banks held deposits amounting to Mr 11 Murrays Murray's report of conditions on June lune 30 of this year shows 1750 such institutions holding deposits amounting to an The Tho number of do do- ep e. e increase of 33 per cent in five ye years rs p sit rs on June 30 is given iven as and the average account as Nor does this huge increase in rn savings A bank deposits show how tho the savings of tho the American people Tho The stocking and teapot t teapot fund has undoubtedly increased d. d Scores of millions of dollars have haye been sent out of the Houses hav have been built by byI country cou try b fr alien wage wago earners and sums have been invested in I thrifty workers ers important securities Leaving out all the tho rest of tho the accumulation the tho fact of an increase of in t savings bank deposits de do- o- o posits in five years ye rs is sufficiently impressive I Probably never in the history of this nation havo have the people peo pIe been more generally employed than they aro are now or bot bet bot- paid ter-paid for their services N Never o er have they as a whole been beon as as well fed as well weB clothed or as comfortably l housed Yet in spite of all there arc are tho those so who seek seck to convince us that we are collectively and individually the victim of t an abominable an and avoidable economic oppression that we wo weare are robbed by the tho trusts heavily burdened by tho tariff andT andi and i T squeezed by the railroads s. s Presumably every figure in tlC tie foregoing is correct cor- cor correct r t certa certainly every conclusion intended to be is incorrect But even eyen drawn rawn f from om those figures th th show that hat in five years past the thc imports f h re nc eased s d 40 per cent faster than have hav the ex- ex J ports which indicates that in in twelve years moreo more more- o our r imports will exceed our exports What then n with h the interest and dividends to be bc paid to Europe Europe Europe Eu Eu- rope the te fares and freights of the American peo- peo pie to be pai paid to foreign 1 In that 1 case we shall have of additional money only wh what t I is js taken from our gold mines Where is the balance bal bal- alice ance arce coining from 7 There will vill have to be more more bonds sold all aU bearing heavy interest will there increase in what does not it 1 Then as to the exports it show t except c t that t cotton has doubled in value for this li 1 V ye year r I As to the increase increase in in raw material in in oui our im- im ports ha lia it been 1 Has it not been in pig iro iron and steel billets from om Chin Chii coal from Japan J I rice rice and silk from the orient and n a thousand other v. v ait articles c es every pound o of which coining coniing in is a m men men- u- u ac aceto eto American labor Th The SilO snowing wing of the savil savings sav- sav il ings g banks b proves nothing unless the thc accounts can be b separated and shown hOWll The most reasonable con con- is that money which heretofore h has s been ino invested inv in- in o v vested stel sted in railroad and government bonds L' L can find mo moe e certain l security and nearl nearly r as good interest 5 1 vi banks Lanks than th n in in so called industrial stocks I The article notes the falli falling g off in the exports of off f f and ascribes that to the increased demand demaud de- de maud mand and nd the ability to pay of our own people Our coast is long along a longway way from Washington Va hington th the author of the article cannot see th the idle ships A p. 1 in 11 11 P Puget get a and San Francisco harbor and of 1 cu se cannot look beyond b yond and see and note that 1 h F export exp rt trade with half the worlds world's peoples Ijas l as j. j 0 sed to exist I 1 S good many working men who whore Vf V thata goo r J. J 1 lra had l situations have bought homes but we ve re susie sus- sus 1 p t quite half of these win will lose their honic's hom s t they I have paid on them for the last ast official r said there were between and 5 I men Inch idle ille who want work in this country I The man who wrote the Ole above extract may be he bean b Ian an fl honest hone t man If he is he ought to obtain a place in in a night school sO f |