The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-02-16
FINANCE AND COMMERCE.


FINANCIAL
Tnr Chicago Times has some very inter.
estlng compilations from the report OF the
bureau of statistics IL says the table OF
imports and exports shows that the imports
exceeded the exports in thirty-two OF the
forty.seyen years In only nine OF the ior-
ty.seyen wears down 10 1876 did the exports
exceed the imports, and the largest excess
was only $40 5o2,2?2' me ne Excess h"nS
often exceeded s5O,OOO.OOO. In 1854 the ex-
cess of imports was 1857 600 ,205; in 1861,
slOl .25i alj ia 1869, Sl3l ,3os ,Gs2; in ISL,
SlS94l ,igl, and in 1873, Sll9,6J6 2sS. The
exports exceeded the imports III 1913 ana
1874, but in no other two consecutive years
until 1876, while the imports exceeded the
eyports during the ten successive years 1913
10 1857. both inclusive, and during the
eleven consecutive years 1853 to 1870,
both inclusive. FoOtings would in
crease the value of this table, as
also of the next one, showing the imports
and exports of gold and silver for the same
period. \ statement OF the imports and
exports of the two metals separately would
still further enhance the value OF this latter
table. 1t is interesting to know that the
imports exceeded the exports OF the pre-
cious metals in only twelve OF the iorty-
seven years From the third table 1t ap.
pears that the exports of merchandise and
of gold and silver combined exceeded
the imports in nineteen of the torty-seven
years.
ABRAM S. HEWITT, of New York, is pre-
pairing very elaborate speech on the tariff,
which is expected to set forth the views OF
at least the majority Of the democratic
members of the house, and to define the ~
ture policy Of the. demoCratic party on TINS
subject. He will favor tariff for revenue
only, and will designate such articles as he
thinks ought to be free, and such others
upon which a customs duty should be
collected. His views GA this subject as eX-
pressed in this speech will be entirely CON
sistent with the modified policy OF the DEM
ocratic party at the close OF the last presl'
dental campaign, when the democratic
leaders tried to steal republican thunder.
He will favor protection upon such articles
of manufacture as are Utmost universal use
in this country, and the manufacture OF
which gives employment to the greatest
number of people. His theory will be tariff
for revenue only and incidental protection
to home industries SO far as the raising OF
revenue will permit. This Will be followed
by speeches by other tariil-reiormers on the
democratic side from time to time, when
the subject comes up in the house.
THE foreign trade statistics Of the United
States for the year 1881 are particular IN
terest at present. The exports of mer-
chandise amounted to 1888, Oh ,l20, against
$3.50 $50. 422 Tor the year 1850, showing loss
of $50, 1859 293. The imports also show a
decrease. In 1881 they were valued at
500, III 1903, while in lSsO they were $685.
S07 ,176 decrease CT S26,GSO,273. The eX-
cess of exports over imports was in 1881
$l63, 1896, 226, and in 1850 Sl92 SIC, 246, de-
crease of $50 ,4S0,02O. 1t was during the
last six months of the year, however, that
the greatest loss in balance of trade Oc-
CURED. In the first six months there was
an increase in exports amounting to $l2,-
sos, 92i, and in the last six months decrease
of IS. SG3,-l7 The imports decreased S54,-
AZ, so in the first six months, and in
creased ST 1925 in the last six months.
The excess of exports over imports showed