The Financial Prosperity of the United States

Review and Herald Publishing Association · Takoma Park Station, Washington, D. C. · Dec 23, 1915

The Financial Prosperity of the United States

STUDENTS of the Scriptures recognize as a sign of the times the great increase in wealth which is seen in these days. To such the following extract from an editorial in the Washington Post of December 5 will be of interest:—

It is estimated that this fiscal year's balance of trade in favor of the United States, after deducting all possible debit charges, will be more than $1,000,000,000, an enormous addition to the wealth of the nation, and much of it in that most materialistic and realistic of all forms of money — gold.

The production of gold within our own borders this calendar year will approximate $100,000,000 new metal, an addition to the stock on hand last January that is in itself, in banking arithmetic, capable of sustaining safely a paper currency issued of an additional $400,000,000.

The most eminent masters of finance, the most experienced captains of industry, the shrewdest bankers, the keenest manufacturers, politicians of all parties, recognize that the financial affairs of the nation are today in superb condition, and that “panic,” so far as currency is concerned, has been banished from the republic.

While it is not money but the love of money which is “the root of all evil,” yet it is “the care of this world, and the deceitfulness of riches,” which choke the word of the Lord so that it brings forth no fruit in the heart and life of the hearer.