The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1890-08-28
Imports and Exports.


under q low tariff our exports of gold
and silver amounted to $1,249, 1924, 800
Our imports of gold and silver during
that period amounted to SOL, 165, 147, an
excess of imports during. that period
amounting to 81, 1877, 159,213
From the year 1879 to the year 1889,
! inclusive, our exports of gold and silver
amounted to $146, 232, So7 Our imports
amounted to $2o5, 167, 743. This shows
that during the last ten years our i'm
ports of gold and silver have exceeded
our exports by sos, 1884, 1886.
| Now, it will be observed that during
the largest portion of the period when
our excess Of exports of gold and silver
amounted to 81, 1877, 159.213, which EN-
braced the war and paper currency pc
/ ROD, we were under a low tariff; while
| from 1879 to 1899, when our imports of
| goidan silver exceeded our exports by
sos, 934, 936, was a period of high tariff
after the war and when our currency
was on q coin basis.
Now we ask the business men of this
country to carefully consider these facts
and their bearing upon the currency
and upon the business prosperity of the
/ country. During twenty seven years of
the time from 1913 to 1875, the excess of
our imports of merchandise over our ex-
ports amounted to 1886, 304 $50 Dur
ing five years of this period, the excess
1 of -, e I i
imports amounted to $t06, 49, 42. The
excess of our imports over our exports
for the entire period was 81 ,499, 500, 743.
A large part of this period was when we
were under low tariff On the other
1 hand from 1876 to 1887, the excess of
our exports over our imports was 81 ,612,-
| 659,155, while during the last two years
of Cleveland's administration the excess
OF our imports over our exports was $780,
! 1884, showing that during the thir-
teen years of high tariff, the excess of
our exports over our imports was 81 ,5S1, :
$685.
During the last fiscal year of a Repub-
lican administration, ending June 3Oth,
! imports was 1854, 1852, 1926 During the
first year of Cleveland's administration
the excess of our exports was reduced to
$440SS, 694. During the second year it
was reduced TO $a3 1868. 443. During the
third year of his administration the
balance was changed to the other side of
the ledger, and was $2S, 002. 607 against
us. In 1882 the last year of his admin
istration, it was 50, 730.27 against us.
| When Cleveland came into office in
The last year of his administration our
exports were only $685., 1854, 507. In the
year 1885 Cleveland began his admins
tratlon with our imports $577, 527 1893,
and closed his administration with our
imports s723,957, ia. In other words,
Grover Cleveland's tariff reform admin
isttation has reduced the sale of our pro-
duets to foreign countries 1926, 24S in
four years, whereas the sale of our pro-
ducts should have increased more than
that amount During the four years of
Cleyeland's administration the sale OF
foreign products in this country increas-
ed STAG, 429, 7S5, thus substituting that
amount of foreign manufactured pro-
ducts for home manufactured products.
During the four years of Republican
administration, just previous to Cleve-
lands, we sold to foreign countries $780,
039, 413 more than we bought of them,
while during the four years of Cleve-
lands administration we only sold them
$37,219,253 more than we bought of
them.
These figures show that the protective
| system in four years time has made a
difference in the amount we sold foreign
ers more than We bought of them,
amounting to 1896, 500, 160 more than it
was during the four years of Cleveland's
! administration.
Now, what makes this difference? 1t
is simply that the protective system en-
courages home production, SO that we
produce more than we consume, and
| sell to foreigners, while under the low
tariff system our manufacturing indus
tries are depressed, orr people are idle
and foreigners are making our products
and selling them to us, SO that we buy
from them more than we sell to them
Another point: During the eighteen
years of low tariff from 1913 to 1860, i'm
elusive, our imports OF merchandise
amounted to $a,s0d,66 ,53l, an average
of sal 480,25 During the same period
our exports of merchandise amounted to
So, AZ, 654 ,292, average of $192, 925, 1913. TIL
4 total excess of our imports over our ex-
ports during that period was 1894, Ole, 243,
an average Of $18,555,0 Ola per year. Du-
ring the twenty nine years of high tar
4 III, from 1861 to 1889. inclusive, our total
imports amounted to $14,S03, 446,212. an
average of $50, 463, 6Gs per year. During
the same period our exports of merchan-
disc amounted to $50, 229, 794 ,5S4, an aver
age of $685. 1913, 434. The total excess of
exports over imports during that period
was $430, 34S, 373, an average excess of
exports over imports amounting to S14,-
694, 772 year
Another important item: During the
ten years of high tariff just previous to
Cleveland's administration, our total
imports of merchandise amounted to
So, S3S, 559, 507, and our total exports TIC
$7,tl3, 1855, 1875, an excess Of exports over
imports OF $1,000, 70761S, the average
excess of exports over imports during
this time being $160,470, 761.
During the four years of Cleveland's
administration our total imports
amounted to $2, 796, StI,670. Our tota
exports amounted to $a, s34 ,0G3, 1928, The
excess OF exports oyer imports during
these four years was $37, 219,s 5a, an aver
age excess of exports over imports O
only $9,aG4,s1a. And during the last
two years of his administration the I'M
ports exceeded the exports by more thar
5000 0,000.-D1. d, p Miller, az " Y
Press.
DRUNKENNESS .-LIQUOR -HAB.
1T--In all the World there is but
one cure, DR.. -Haines' Golden
Specific
1t can be given IL q cup OF tea or coffee