Show I BETTER ETTEn BUSINESS nUSI MEN In this new now century men know more about business than did their their grandfathers or their thell- fathers The They have havo learned the money making ways of or the world There Is no better evidence of or this than the following from tho the San Francisco Chronicle Thero There Is sometimes a question raised about the present pr prosperity somo some contending that It Is more apparent than real There is one bit of evidence however which seems to establish the genuineness of ot the good titTles tines In such a fashIon fash ash ion that the assertion is ts hard hardly I disputable and arid that Is the tho record of business failures Thirty years ago when the population of or the tire country countr was much smaller and the tho volume of oC busi bush business business ness tress insignificant by comparison with that now flOW transacted the tho ratio of failures was enormously enormously enor enor- greater than titan at present In tho the year ear 1877 there were 2869 failures In the tho first quarter quart quart- er or er with liabilities aggregating In iii the first quarter of 1907 there were failures failures fail fail- failures ures and tho the total liabilities reached only 3 32 91 If Ie the tho uncertainties of business had been relatively as great grent In 1907 as In 1877 1377 the losses would have ha been three times a as great as those recorded a a. fact tact which conclusively demonstrates demonstrates dem dem- demonstrates that things aro are In ver very good shape With millions of Increase in population the total number of failures increased less than three hundred and the total of ot lo losses cs by those later failures allures was about half That tells the tire whole stor story Men have learned business busi busl- ness nee rules lules It Is IB not that the they work harder or aro more snore frugal but the they know boiler better the principles on which all business business' success m must st bo be build ed Then commercial conditions generally arc better betler more substantial As 9 the nation has advanced from tho the condition of or a co Lion tion of ot states to one great Ireat or well organized Union there has come a coherence In money systems that did not exist at the beginning and which even now no noIs is but in the 1 process of ot perfecting With this advance In business capacity there should come a smaller liability fo to the visitation of panics Hard Hardtimes Hardtimes times limes sho should ld pass entirely Into Inlo history Men see farther farther far far- farher ther her n now i than they did former formerly And they are boiler better able to lo prevent the tho devastating causes of at financial depressIons de de- de- de Americans are arc better betler off than they have havo been and certainly are near to lo safe aCo and sane financial and antI commercial commercial com corn mercial conditions 1 |