US Presidency
1892

The following statistics show the increase in our trade with the countries with which we have reciprocal trade agreements from the date when such agreements went into effect up to September 30, 1892, the increase being in some almost wholly and in others in an important degree the result of these agreements: The domestic exports to Germany and Austria-Hungary have increased in value from $ 47,673,756 to $ 57,993,064, an increase of $ 10,319,308, or 21.63 per cent. With American countries the value of our exports has increased from $ 44,160,285 to $ 54,613,598, an increase of $ 10,453,313, or 23.67 per cent. The total increase in the value of exports to all the countries with which we have reciprocity agreements has been $ 20,772,621. This increase is chiefly in wheat, flour, meat, and dairy products and in manufactures of iron and steel and lumber.