Show THE UPS lIPS AND DOWNS OF IMMIGRATION AND BUSINESS N M n h 0 NIe AO t d N q gi g g n Aap g ig tenh t r gJ i o OA I I C is GO 5 i 2 10 GO GO C GO en It is ID se II B j I I rJ I j I I I I I I 1 I 3 O 1 f fI I I 1 II 1 1 I f L J JI 1 I HE accompanying accompany diagram which THE T shows show the tho rise and fall all o of the wave of Immigration Into the United States during the past sixty years Is II also of service as all pic plc luring toa to a remarkable degree the ups upa and downs down In trade and commerce during the same tamo period As will be beleen seen leen the first high point In Immigration tion occurs In the year 1854 and this Indicates the tho culmination of the period of prosperity following the gold die dis discoveries In California In 1855 a cud Gud cudden Gudden cudden den fall Is II seen due doubtless to the Know I now Nothing movement which won Its greatest victories In 1854 Marking the tho panic of 1857 the depress depres depression lIon sion continues unabated In Immigration tion and commerce alike The bust bush bustness bushness ness nen stagnation of the th e civil war var Is II es especially e marked In the year 1862 when Immigration fell foil below the mark The tide slowly rises rl l again only to collapse with the tho panic of 1873 1813 In which year Immigration passed the tho mark Slowly descending the greatest degree of depression Is lire re recorded recorded corded In the years year 1877 and 1878 when the wave suddenly begins to gather gathor strength once more rising with the business boom which reached Its culmination In 1882 Reacting with the business depression of 1883 to t t 1687 1887 we do not find another rise until tho the latter year a still further Increase I In arrivals from foreign countries i being belna noted In 1888 1838 The next great drop comes with wit the panic of 1893 I this dip reaching Its lowest point In Inthe Inthe I Ithe the yeara 1897 1997 and 1898 Thereafter the wave rises by leaps and bounds bound with the great period of prosperity from 1897 to 1903 As AI was said the tho statistics t of or Immigration gration make an almost perfect regis register register ter of the condition of or business In the tho United States throughout the period covered by the diagram It should be noted however that since Immigration Is II the result of business conditions In the tho country to which the flow of aliens alien Is directed Its IM culminations culmination and Its depressions are likely to be he about one ono year yeu behind the culminations culmination and de depressions In the state elate of business It Is II Is also allo of Interest to note noto that a great Increase llo of Immigration Is I usually fol lowed by a corresponding activity In native American or sentiment as Is II shown by the Know Nothing movement of 1854 to mo 1660 and the American Protective anoe association atlon of 1883 to 1890 It Is le I possible that a II new movement of similar liar na n turl will be bo developed within the next year yer or two as a result of the present heavy Immigration |