190 



LAND AND LABOR. 



TABLE OF MERCANTILE FAILURES FOR TWENTY-SIX YEARS. 



Messrs. R. G. Dun & Co., in their circular for 1882, 

 make the following comments : 



" The marked increase in the number of failures in the last 

 two years can have only one interpretation, viz. : that the 

 risks of business, and the losses by bad debts, are increasing in 

 greater proportion than the growth in the volume of trade, or 

 the possibilities of profit." 



