New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-10-30
HOW THE NEW TARIFF WORKS..
THE FOREIGN TRADE STILL INCREASING.
ITS GROWTH DURING THE ELEVEN MONTHS THAT
HAVE PASSED SINCE THE NEW TARIFF BE
CAME LAW IS NEARLY DOUBLE THE
AVERAGE ANNUAL INCREASE FOR
THE LAST TWENTY YEARS.

THE LAST TWENTY YEARS.
WASHINGTON. oct. 29-The Bureau of Statistics has
Just issued statement Of the volume and value OF
imports and exports under the new Mckinley Isri1
law which plainly its precise effects upon the
country's foreign trade The statement in full Is as
follows:
"Dnrlng the eleven months from October l, lo9O 10
August 81 1901 under the operation OF the new IarH
law the total value Of our foreign commerce. imports
and exports Of merchandise combined. was Tl,oo"
7e2 266 or an Increase of S74 76S639 over the value
of our foreign commerce during the corresponding
period Of the prior years when it was Slo2OOl302'
The average annual increase Of foreign commerce
Imports and exports Of merChandse) during the twenty
years from 1871 TO 1901 was $50 3l4352 1t VIII be
observed the increase during the first eleven months
under the operation Of the new tam was nearly uOuDe
this average annual increase.
IMPORTS UNDER THE NEW TARIFF
"Of the total commerce Of the eleven months ending
August 81 1891 the value of imports of merriam
disc was $763 065 increase Of ,3l6 over
the value of the imports of the corresponding months
of the prior years and the value of the exports was
$40 3O1 an increase Of 1873 over the prior
period.
The value of merchandise imported free OF du7y
during the eleven months ending August 81 1891, was
1904 661 1886 as compared with 252 ,255 imported
free Of duty during the corresponding eleven months
of the prior years, an increase Of $l2Ol3ool dulhs
the first eleven months after The enactment Of the new
tariff.
During these eleven months, the portion Of mer-
chandse admitted free Of duty was AS per cent OF
the total imports, while for the corresponding months
OF the prior years the proportion OF merchandise admit
ted free Of duty 34.27 per cent, an increase Oh
1851 in the percentage of free goods imported under
the new tariff. This is the greatest In amount ana
percentage Of merchandise admitted free of duty in the
history of our foreign commerce during any similar
period.
"The value of imports Of merchandise free Of duty
during the fiscal year 1890 was S200,O6e'o29' the
largest in any year in the history of our commerce.
In 1880 the value Of imports of free goods was 500
4s7O78. In comparison with these entire years 1t
will be observed that the value OF import, Of free mer
clandse for the first eleven years, under The new
tariff was sos 90o 7O7 greater than for The year 800
and S1O5 ,174,25s greater than for the year $3.50
1T should be considered that sugar, one OF the prn
opal articles OF imports. both in quantity and in value
was net admitted Of duty mill Api l. 1891, aud
from that date the value well the percentage Of
merchandise admitted free Of duty has been greatly In
creased. This will be if comparison be made OF
the imports of merchandise for tie five months since
April l. 1891, with the corresponding period II 1890.
The value of the imports Of merchandise for tho
five months from April l TO August 81, 1891. was
1858 725, 2O0, of which $200.533,407 or 500 per
cent was free of duty much ie largest per cent in the
imports of merchandise free of duty in the entire his
tory of the Government.
During the corresponding five months OF 1880 the
value of the imports Of merchandise was S3j624 $685.
of which $116J2l 444, or only 1927 per cent, was
free This shows increase I'm the value OF free lner
chandse of S2 OLE 05, and OF 224S in the percentage
thereof during the five months ending August 81, 1891
over the spending period Of 1890 The articles Of
free merchandise upon Which there was such an In
crease largely those not produced in this country
necessities which daily enter into the consumption OF
the people such sugar coffee, crude India rubber
chemicals drugs etc. hides and skins, fruits, nuts, etc
DUTIABLE IMPORTS UNDER THE NEW TARIFF.
-. During the eleven months from october !, 1850 20
August 81 1901 under the operation Of the new tariff.
the value of imports of dutsbc merchandise ha, been
1905 $40 go while duIlng the corresponding period OF
the preceding years the value Of dutiable merchandise
was $464, sol 1884 showing decrease for the eleven
months under the tarh Of $oG.33l ,165 in the
value CT merchandise paving duty. Full details Of tho
total values Of Imports free and dutiabe for each Of
the Increase decrease, viii be seen IN the following
table.
at NAV ass be nolcd that the total value Of tho
imports the eleven months, Sd32lO,0O1, exceeded
in value the imports OF any year in the history OF our
Government, excepting the fiscal year $50. when their
value $3.50 81 . 400. II, however, the imports of
September 1891, equal those If August, the total I'm
ports will largely exceed those Of leOO.'