Rensselaer Republican, Volume 25, Number 19, Rensselaer, Jasper County, 5 January 1893 — VINDICATED BY THE RESULTS. [ARTICLE]

VINDICATED BY THE RESULTS.

“ The most prosperous year ever known in business closes to-day” is the introductory sentence to the week’s review of the commercial agency of R. G. Dunn <fe Co. The review proceeds: “The volume of business is 10 per cent, larger than last year, and the largest ever known. T lie-exeesg-ofmerclTHn-diso exports has not been far from $70.000.000. while the imports have been the largest, and the aggregate of exports and imports has been the largest ever Known in any year.” This is not a campaign

declaration or that of a Republican official desirous of making a most favorable showing for the policy of Lis party, but that of a conservative financial agency to the business and industry of the country. Following the foregoing testimony to the unparalleled prosperity of the country the same im- i partial authority furnishes the fol- j lowing statistics showing that the J disasters of business have been less ] than for years:

The number of failures in the United States in the year 181)2, as reported by K. G. Dunn & Co., is 110,831, being a less number Xhau j m any year since 1888, aud slmwj iug a dilferenc.e in favor of the 1 present year, as compared with I81)i, of 2,029. The indebtedness of I he failures for the past year also shows a marked decrease, being $114,000,000 in 1892, as against $189,900,000 in 1891, and a nearly j similar amount in 1890. The largely augmented number of I

traders aud the enormous increase j iu transactions in the year render these figures very significant.! Only one in every 113 traders in J the United States succumbed in I 1892, as agaiust ouo in every ninety-three in 1891 aud one in ! every 102 iu 1890. The average j liabilities of the failures in the last y<.-n r wap 311,000, being the lowest j average reported since 1878. In tho history of our country i there has never been such a year * of general prosperity as the second j