Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1891-10-15

was removed is sugar, ana by the Drovis ions
/ OF the new tariff law the removal of this
/ duty did not take effect until April l, 1891
| During the two quarters since that date 1t
| viii be seen that the reduction in customs
revenue, as compared with the same periad
of the prior year, amounted to s4l, ,7sl, ,29i. T.
From this it will reasonably appear that the
reductions for an entire year will be fully as
large, If not in excess, of the amount con-
templated in the tnactment of the new tariff
law 1t further appears from the above
table that the total receipts from customs
during the twelve months prior to the pas
sage of the new tariff were s237, ,6sS. 45, and
for the first twelve months after tie enact
ment of the new tariff law the receipts were
sl96S02,O06 So The customs revenue col
lected during the first period of twelve
months per capita of population was
$3.50, and during the second period
SS.O', or a reduction per CAPITA
OF 7Sc. The reduction in customs revenue
has been greatly accelerated since April l
last, when the duty was removed from sugar.
1t appears from the table that the customs
revenue per capita of population collected
during the six months ending September 30
1891, was only SL3l. If the customs revenue
collected during the following six months,
ended March 81, 1872, should be in the same
proportion, the customs revenue per capita
collected during the year ending with the
latter date would be only S2G0 or a reduction
of 81 20 per capita of population in customs
revenues collected for that year. This would
be the lowest revenue per capita collected
from customs for twenty five years since
1864, and SL2s per capita less than the annual
average rate of duty collected during that
period on imported merchandise, which was
S3s8 per capita.
The value of our exports of domestic and
foreign merchandise during the first eleven
months ended August 81, 1871, after the
III 100 -n.a
larger than the exports of like merchandise
for the corresponding eleven months of the
prior years while the old tariff was in force
when they were of the value of 1871, ,4S3, ,97s
This increase of S49,Os7,32 in our exports
during the eleven months ended August 81, |
1891, was nearly two and one-half times |
greater than the annual average increase OF |
exports of merchandise during the twenty |
years prior to 1881, which was $50. $50, ,425. |
During the same eleven months of Is91-91 |
the value of the exports of merchandise has |
exceeded the value of the imports by the |
sum of S77,35O 33S The importance of |
this large excess of exports over i'm |
ports will be appreciated when IL is /
compared with the excess of exports of the /
fiscal year 1897, when it was S63. SIS, z75. In
1889 the balance of trade was against US, and
the imports exceeded the exports Sl,73O277.
In 1888 the balance against us was still larg-
er, and the imports exceeded the exports |
tZS,Ukk,OJl II VIII De observed L0iL tne
crease in the value OF our exports of mer-
chandise is large and very gratifying. The
value of our exports for the eleven months
ended August 81, 1871, viz: $50, ,571, ,3O1, ex-
ceeds the value of the exports for any year
In the history of our commerce, except the
fiscal years 1881 and 1890 The value of our
exports for the twelve months ended August
81, 1891, which includes September, 1890, and
the first eleven months under the new tariff,
was S9O9. 264, ,43s, or In round numbers about
s., ,OOO. 900 greater than during any previous
fiscal year. This large volume of exports of
and the excess of the same
over the value of imports of merchandise is
very gratifying.
The large increase in our exports Is almost
wholly confined to two classes, viz: The
products of agriculture and manufactures. |
The value of TIE exports eff agricultural
products during the twelve months ended
August 81, 1891. was S66j, Ill 263, against 500
I2j ,O46 for the like period of the prior years,
An increase of :35, ,2S6.fI7. The exports Of
products amounted to $780, .
20 3I1 against S150, ,577 OiI for the prior period
N Increase OF SIS, SO, 40. The combined in '
rease In these two classes OF exports q
mounted to S., .4S7. During the month r
Il August, 1881, there was an increase in the
alue OF exports of the products of agricult-
re as compared with August, 1888, OF S15, &c., I
%. and an increase of manufactures Of
oOS,552 There was also an increase in the {
roduets Of fisheries and of miscellaneous c
rOducts :
The reciprocity clause of the new tariff is ;
pening new markets and increasing the de-
1and for our products.