The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1891-12-19

Tho general interest In the operations Of the
Treasury Department has boon much aug
mented during the last . ear by reason o. the
followed the tariff and other legi slntioi OF the
last Congress affecting the rev nues. as 70 the
results OF this legislation upon the treasury
il ia not my purpose TO ento- az any length
into discussion OF tho effects OF the legislation
tion Of the statistics OF tbs Treasury and
general glance AZ the state OF business through
out tho country will. think, satisfy any im-
partial inquirer that fits results have disap.
pointed the evil prophecies OF it's opponents and
In large measure realized the hopeful predic-
tons u It's friends. During tho twelve months
from October l. $50, 20 September 80 1884, the
total value OF our foreign commerce umports
and exrortsl was @iil,e b.t0d, which WAS the
largest OF any year ia the history OF the United
states. Ike largest In any previous year was
Ia 1870 when our commerce amounted 70
A Cs7 ,oga, and the last year exceeds his
enormous aggregate by over one hundred mill
icns. Tho average annual value Of tho Imports
OF merchandise for the ten years from lbSi 10
100 was Gj2,is9 t2l, and during the year end
ing Sept. 80. 1891, this annual average was ex.
Tue Value o. FREQ inports during tho lively,
months ending sept. ~, 1891, was siiA,u9l,5
more than tho whine OF free imports during tho
corresponding twelve months Of the preceding
year and there during the same pcrioi a
decrease Of Zoo si6.503 In the value OF imports
OF dutnblo merchandise The percentage
OF merchandise admitted iroo Of duty
during the year TO which have
referred, tnt Iitt undcf the new thItus was
49, ~, while during tho preceding twelve months,
under the old tariff, the percentage was 5i.2I an
increase Of 1891 per cent. III we take the ak
months ending sept. - last, which covers the
time during which sugars have been admitted
free OF duty, the per cent OF value OF morchan-
disc imported free OF duty II found 10 be 5o.2l
which ~ larger percentage OF free imports
than during any prior fiscal year In the history
OF the Government.
II we return 20 exports OF merchandise the
statistics are full OF qualification. The value OF
such exports Of merchandise for tho twelve
months ending september 1901 was ee23, l9l-
i3j. while for The cores, ending previous
twelve months IL was $50 ms, an increase Of
s62, 9if.,2i. which Is nearly three times the
average increase OF exports OF merchandise
during any year In history Of the Govern
ment. The Increase In the value OF exports OF
agricultural products during the year referred
20 over the CORES bonding twelve months OF tho
prior year was Ss5 e46lg7. while the increase tn
the value OF exports OF manufactured products
was Sl6 8tS 240
There is certainly nothing In the condition OF
trade. TO eign or domestic, there IL certainly
!, nothing In the condition OF our people OF any
class, To suggest that the existing tariff and rev.
enue legislation bears oppressiyely upon the
people, or Tetards the commercial development
OF the nation.
think there conclusive evidences that the
now tariff has created several great Industries
which Will. within few years give employ
ment To several hundred thousand American
wOrkingmen and women. In view OF tho some
| what Oyerorowded condition OF the labor mar
kot OF the United States, every patriotic cltzon
| shOu Il rejoice at such a result,