Verily, there’s nothing like the
enormous profits of the big Steel
1 rust, which shows unprecedented
net earnings of $45,503,705 for the
past quarter, which enable the cor
poration to set aside $18,500,000 af
ter providing for all fixed charges
and for the regular dividends on its
enormously inflated capital stock.
Ihe statement is hailed in some
quarters as showing great prosperity
in an industry that is called the ba
rometer of trade. It shows more
i Lan that, however. It furnishes fur
ther evidence of the urgent neces
sity of a revision of the iron and
steel schedules of our tariff law. The
trust can easily afford it and stil?
realize ample returns on its watered
capital.—-Boston Herald.
Ibo latest census yives Canada a
population of 6,504,900. There is an
increase every time an American
bank discovers that a trusted employe
has disappeared between two day*..
