Show f in cpr w AN INDUSTRY THAT IS YET MORE OR LESS INFANT the arrival of several ships loaded with thou sands of tons tong of ugar for coll consumption in this country coining coming within tho the last few days from the burgar g glowing gwint ta countries of the world directs special attention nt to one ozie of our great industries that may i ell bo be classified as still infant for it does not to supply our domestic needs says the now york r om we consumed last year tons of sugar and grew grow only 1 tons hero here at home from or island posses of hawaii and und porto rico wo we diew tons that leaves leave or almost halt half tho the quantity required to supply our needs that we must impett from other countries conditions ila have e conspired to atena the sugar sugarcane cane acreage in Loul louisiana sinna this year ye ar ana and the production there will b he e much hrgon than the average with a it good seabon season tho the sugar beet growing states of the middle west more especially colorado and south dakota expect to cultivate many thousands thousand of additional aches in sugar 0 beets this year tho the domestic beet furnished us with tons of sugar last 5 3 air As our consumption of sugar in 1904 1004 was 8 per cent cant over that of the preceding year there must be a largo large increase in production to keep heep pact paco with thian atul at increase and to overtake ahe domestic dome tle demand before wo we can become export exporters erb tho war between russia and japan which bo be xan xan about thirteen months month ago has already in creased the debt of these two countries nearly of this amount is the share of japan and the share of russia about of tho the bonds representing this now indebtedness have been taken by investors outside of russia and japan this gives some idea of tho the cost of war and of the burden which it imposes upon the financial resources of the NN world orld but it does not besent ta the he entire cost of the conflict tor for much of the expense is financed finin ced by means of now new taxation and by tho the employment of ie resources sources which wore existing before tho the war began the last russian budget stated that the war expenses expense i in 1904 1004 were partly disbursed and partly assigned an estimate made some time timo ago 0 ol 01 the direct cost of the war to was about WO a week which would bo be over in a year your undoubtedly however the he war increases in cost the longer it proceeds it is probably not beyond reason to say that the amonoy money cost of the conflict between russia and japan during the past year amounts to the four years of civil war in the united states from 1801 to 1865 increased the public debt of this country over oer 0 now new york bankers hav ha e subscribed toi fol of the latest japanese loan which will pay the purchasers about 55 per cent yearly railroad earnings for march continue to show marked improvement not only as compared with preceding 0 months but with the corresponding month last year says duns ro review low total gros grosi earning ul 01 all united states roads reporting for tho the three th ree weeks of march aio nio 1 4 a gain ef of 82 per cent compared with last year tile same i old loid for tho the three weeks of ali february uary reported a it los of 51 per cent though for tho month the more complete statement of leading systems shows a loss of only 3 9 0 per cent the march report in eludes elude mainly central western southern and southwestern roads the increase in the south and southwest is small hub but in the west earnings show a considerable gain on the first af of the month the per capita t 1 tion in the united stated states proper was A as 30 80 the total loucy in circulation on april 1st according to the statement made by the bureau of loans and currency was as against 23 one year ago and one month ago congress did not interfere in any way even the director of the mint wa wis i left so to his own re sources in procuring a supply of silver for the manufacture of small coins |