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OUR RAPIDLY INCREASING PROSPERITY. The Kansas City Gazette of June 12 has the following editorial paragraph: Dun & Co.'s Review shows a more healthy financial condition than in the report a week ago, with a better outlook for the future. Upon another page we find the following: The country's money circulation has increased from $726,000,000 in 1873 to over $1.600,000,000 at the present time. The coinage of silver has increased from $4,000,000 in 1873 to nearly $40,000,000 in 1890. There was no silver in the treasury or in oiroulation in 1873, and to-day there is $490,000,000. This is very encouraging, certainly, if true. But, if true, why this wail from another column of the same issue? The tidal wave of bank failures seemed to strike Kansas City, Mo., this morning, and two banks closed their doors. The People's Guarantee Savings bank, located at the corner of Missouri avenue and Main street, and the Security Savings bank, located at Sixth and Wyandotte streets, both succumbed to the inevitable, and posted notices of assignment upon their bolted doors. Gradually, as ths news became noised about, crowds of anxious people gathered before the two buildings, and waited in the burning heat for some information in regard to their deposits. # n * The laboring classes who toiled under the burning sun of last week, and on Saturday night wended their way to the banks to deposit their hard-earned and scanty wages, domestic and shop girls, store clerks and factory girls who have sparingly lived upon their earnings, carefully hoarding their little accounts, and added a mite to their deposits last Saturday night, woke this morning to find it all gone. # The officials refuse to give out any information as to liabilities or causes of the failure, except to attribute it to the stringency in financial matters. Now, seriously, with banks and business houses failing all over the country, all attributing their misfortunes to money stringency, with a financial panic imminent such as cursed the country in 1873, do republican editors think they can make the people believe that we have a greater per capita circulation now than at any former period of our history? Messrs. A. R. Chisolm & Co bankers and brokers, 61 Broadway, New York, in their weekly circular of May 29, say: We note that Right Hon. Mr. Lidderdale, of the bank of England, agrees with our views, 80 often expressed during the past ten years in our market letters, that this country needs more legal tenders. France, a stationary country, has $60 per capita. The director of the mint places the per capita in the states at $22, but $200,000,000 of gold have disappeared, and no estimate is made of the loss of paper and coin during the past twenty-five years. It is known that silver wears out and is renewed once in thirty years. We claim that deducting amounts in United States treasury and banks held as reserves and losses in paper currency and ooins, gold exports and hoardings, this country is down to the actual famine ciroulation of less than $6 per capits, counting our population at 65,000,000. The national
