An Interesting Report From The

aüesioaeor oí labor, Hom. C. D. wrigat, coones in edvaaee sheete, Bhowing the vrork of the buüding aad loan assolous i„ the ünited Staitee. Altliougli the average age of the local agaóciatiora Is on3y six years thèy hare ahovra a most remarkable and proeperotM growth. Thre are in Michigan has nnly T5, with J,07! in Fennsylvnnii!. ïliey show 1,745,725 Bharehdlders, over 20 per cent. ot whoaa are borrowers. The net aseeta are $450,667,594, averaging $257.26 to eaeh shareholtler. The total profits are $80,064,116; tbe average loan is .?l,120 and over -4-00.000 bornee Iive been acquirecl. The oommiesloner remarka upon the fact that thev are semi-bamklng tioro, conducted by ordroary men noi tr.-rned aa bankers, but .vet have met w'th 'rem-n-iknlily few loasee, showing the struin liold wiiicli building and lom i.-so: iations have taken In pub lic Eavor. Michigan probably has fe'.t the demo;-ratio panic aa littte as any ol the Btatee, bul she has suffered severeljtor helping glve soine eleetors who voted for "Four years more oï Grover." 'ihis rirst report oí the inspection of i:icto: i:-s for thls state is just out and &howa 18,752 operatives out of employment in the faetories inspested, ia eompared with when niog tul] Gap LChy. This is more tuan : per . ent. of UUe workinen. The ; loea oí labor in hOBIS per week. in thoee Jmrt time as compared wlth full time ís 32,627 and the per ren: oí reduetion in wages s'nce April 1, 1893, ie afeout 10 per cemt. TUis meaiis a res amoual í priva i ion ; .:■■ ilw lal (Hing claiSeS and tlnir lies, and ÍS an awful coinnicinary ,,n iiow i i-w oí free trade has darkeued everytlüng. But not even th.is will have any efleet on the proK-s'onai politieal economists or upoo the hiiii'-l onnd majority In the U. s. Senate. Tomen thoroughly broad m'niU'ii this terrible paaic would glve a pause).