New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-11-29

Number Tonnaeo
s.il ye.ses ss5 SSsW
CaaaI loa onr ! ed-........ ,-,... ~ s,,Us
Bai ges..... ------------- NO. ~v' '"''
Total. ...........................l i,Is2 issoso
Tie vessels built In 1873 comprised 25JJ0I tons, De-
ing slightly in excess number built during tho
PAST year. The tonnage OF vessels entered M t'
seaboard ports rom foreign countries was ll33oo2'
TONS during the year ended June 30. le1,' AM
- 76sI37 during he last col wear; how Ing an
incrcasr oi 223 olO ols or aD9n, ~ rr 'en 49,,
,se Of . io7 3ot ions or neary 26 per cont The
tonnage these eases ~ cOmnued "h me nISs OF ti
nunb-r OF entries OF vessels and not on lLf
ag'er o. ve Ssr,: or Is. foia amoup
Of merchan,isr bronght at sesboard lake abd river
dnrnc the last fiscal year an of rae yeiue
liza 200 asa was nported IN American vessels ard
S3i04g9 500 m foreign. OF Tie exports value ~
Ro 7G G3 in fsregn VESSELS or the conbinel im-
pors and exports. % per cent only OF IN i1tH falr
was conveyed III American vessels. IN 1917 over %
ner cent of the merchandise imported AID Xlofcd wa.
carried in vessels OF the United Staies az s.n. "u,
% per cent. stated. Is Carried IN slcn F' t
ne total volume ~ the trade has risen ron h"iI.
o. nearly $7OO.OOO,O0Oio nearly Sl2OoCVo'UVu. ~
Is neither to the advantage nor the honor 81 me Cl
that So immense proportion Of a. foreign car ny hg
trade has passed to other nations me gieat decline
in tonnngc. "a u wei kn"Wh vas uue y" Wv ~
and aferIis close II was proposed 10 ilcith,e ~
restoration To- our mercnan, 'u'ts ot ~, ~ rs'or
trasf rFed 10 iOIrgn h,gs Dnt Tue IN l.t 20 Iso
alton failed aud special promo 'loh hea.nsl tDe
nf
well be questioned whether the severity o. the cxistlh
statute gh properly be relaxed AFTER tue lapse W
as been denied 10 tins class vrsseis and since Tho
grounds denial have. in measure LOST their "rgua
II he's always been the policy Of the law to restrict the
privileges of American registry % vessels buit IN thls
and naval interests and tbs policy wns so
successful advance the United states 10 Tho second
rank ann ng natlOu, Respects tonnage and the num-
or ~ M anstrmcton Of ships we had the advantage
form unflg
builder. could not only supply vessels Tor domestic com
trade of the world. The Use OF ron In shpDndlng IN
place of wood rs, however. steadily Increasing, ana
IN rho cost of iron and IN the price Of labor
mera nations have the advantage IL Is grave ques
lion Of public policy whether the period has not arrived
wncn the unlimited right or purchase, under
the Englsn statutes should be extended vessels
well ~ 10 Ouer commodities, and when admission 10
American registry upon the payment OF duties shoud
be allowed them upon importation. The recovery OF
cur old position in the carrying trade VIII more than
cOunerbaance disadvantage likely To ensue from
modification of restrictions upon the rgnt OF purchase
while moderate .nnaer on to 'n eompe4c p0F snc
ccssfuliy the construction of iron vessels OF the
f, @ pS SPt l pore Tsat 70 m pc Of
considering the subject respectfully submitted TO the
attention Oi Congress.
TIE EXPORTS AND IMPORTS.
The exports and imports of the United states during
the la.i fiscal year are follows
Exports Of doms -tic merchandise sGs 3tloD
Exports OF foreign merchandise --.-..-. l2O9s TAI
Txce.s Of exports over imports ...... s2Gi 66l 566
Compared WIN the previous year The I'M
ports are greater by Ss.726233. and the ex-
ports by Sl5.573.G75. The annual average of the
excess Il sncn mporIs over expo S I for the ten
years ended June 80 lSl3 Is lOo'S@z' pus uuins
over imports follows: In 1875, SIb9l34>li IN
M SI5I 1872 O94 In 1879 1894 66l 500. The total
lld yaImr of exports Of domestic merchandise from
the United States has Increased from SO lOoO3I IN
1879 10 @G9s 3iO.700 1879 increase OF 15i per
e.
United states stands alone among the commercial IA
imports of merchandise. The increase IN the values
Of our exports Is derived MANY lron ms
PIGMENTS urs and fur SKINS distilled spirits and reiaed
| in the quantity exported, hut a decrease IN
value owing to their prices. Tue articles
quantities exported are wheat, -four oats corn, rye.
copper, cotton, petroleum aud other otis provisions
exceptng beef and lard quicksilver. distilled spirits,
starch. sugar, moasses. tallow and leaf tobacco The
value of tue exports of breadslufs from the United
$40 52s and constituted 80 per cent OF the t0a
value Of breadstufs exported during the year 1873
amounted to only s0S,743l5l.
The ana almost ass C or the the prU
duction Of cereals In connection with the facii-
them into sharp with the older States aud
with foreign countries Many products OF American
or at ALL now lind profitable markets IN foreign
countries. aud some OF these products are now
years ago they we're largely imported into the
The Importation merchandise the
United States amounted TO s6t2 1920 during the
fsca year euded June 80 1873 4 Tell to Sl37 O5l ,593
% the The r Of
1879 The production of pilroah bars In the United
during the year 1873 amounted to 7ssll2 tons.
Tue total amount of exports and Imports OF coin ANA
bullion during the last fiscal year was as follows:
Exports OF and bullion S24 99744
Imports OF CON and bullion 2O,z9oOOO
Excess of exports si7Ol4 4I
1891
exceeded the imports OF specie tue of such
IMPORTS was reached during me year 1854
year 1873, the srGes; OF EXPORTS Of specie
nS. ya rapidly ended Jy 80 ss to d on
s39ls, Sill and during the fiscal year ended June 30.
taken place in the movement OF the precious metals
During the months Of July August and September OF the
cceded exports 1913, 125.337 and from October
Neuember 10 the IMPORTS OF coin and bullion
at that port S263Sl5s4 indicating that from July
November Is. thr entire Imports OF coin and bullion
change in the movement OF coin and bGhon
was not unexpected. During the last four
years the value OF exports OF merchandise
has exceeded the value OF our IMPORTS OF merchandise
S753.271475. The excess OF exports has heretofore
Amcrican securities bnt time to have come
when the balance OF trade IN our ayor appears to be
adjusted by means or precious metals.
INTERNAL COMMERCE.
The internal commerce OF the country exhibited
he tonnage transported on railroads, has steadily In
creased in volume. even during the period
commercial deprcss sion OF the last six years
This affords an illustration Of tho rccuperstiye
powers of the country the commodities transported
railroads tire products OF agrIcu ture. mining
and Of manufacturing industries. More than 90 per
Of the internal commerce NJ the country Is now
carried on by means Of railroad TRANSPORTATION,
the habits Of the producing and commercial classes
becoming aud more con 'ormed to It's methods
and necessities. The facilities for direct trade
afforded by arrangements entered into be-
tween connecting railroads has greatiy ex-
tended the trade limits of the seapOrtE aud Of
all Interior points. similar combinations between
L ilrnnla and nnl,r,