The National tribune. [volume] (Washington, D.C.) 1877-1917, 1891-12-17

suits have disappointed the evil prophecies OF its
opponents and IN large measure realized the
hoPeiui predictions Of is friends. Rarely u ever
before, IN the history OF the country has there been
2 Time when the proceeds Of one DAYS labor or
the product Of one farmed acre would purchase so
large an amount OF those things that enter into tho
HElnE OF thc masses OF the people. believe that
full test will develop the fact that the tariff act of
the DIST Congress - very favorable ia its average
eheet upon the prices Of articles entering into
During the u months from Oct 7. 1899. to Sept.
- lsSl, the total value Of our foreign commences
imports and exports combinsd) MAS 81 ~ sos nos
which was the largest Of any year In the history OF
The United states The largest in any previouq
yenr r was pc $3.50 when our commerce amounted to
Slo4f I"9Uy3. and the last year exceeds this euor-
nous aggregate by over one hundred millions n
- interesting. and To some will be- SURPRISING 10
know that during she year ending sept 80 1891
OUT imports OF merchandise amounted TO
sS2i4l321O, which an increase OF more than
slOOOOOO over the value Of the imports OF The cor
responding months OF the preceding wear when
the imports OF merchandise were unusually large
Ia anticipation Of the tariff legislation then pend
ing Toe average annual vulue Of the imports OF
merchandise for the 10 years from 1881 to $3.50 was
s6g5, J22, and during the year ending sept 80
s ~. lhis annual average was exceeded by
The value Of free imports driripa the tyveIvs
months ending Sept. 90 l59I 81 d, O92 $50 more
Than the value Of free imports during the corrs-
sPondinE y months Of the preceding year. and
There was during the same period - decrease
OF 0bSi65O5 in the value Of imports Of CiutiabIe
merchandise. The percentage Of merchandise adj
have referred, the first under the new tariff, was
49l4, while during The preceding Il months, under
the "lf tariff the percentage 81 D. an Increase
OF l59I per cent IL we take the SIX months end
ing sept. 20 last. which covers the time during
which sugars have been admitted free OF duty the
per cent u value % merchandise imported free OF
dny - found to be s5S7. which il a larger percent
axe OF free imports than during any prior fiscal
year IA the history Of the Government
IL we turn To exports Of merchandise the statis-
ties are Iull OF qualification. Tho value Of such
exports OF merchandise for the II months ending
sept 20 1891, was 1923 O9l rs while for the oorrs-
spending previous Y months Il was $500 ~ us an
increase Of S629H,02l which is nearly three times
tho average annual increase Of exports Of mer-
chandisc for the preceding % years This exceeds
~ amount and value the exports Of merchandise
during any year In the history Of the Government.
The increase in the value Of exports Of agricultural
products during the year referred to over the cor
responding II months Of the prior year was AS
SO, 49, while the increase in the value Of expOrta
Of manufactured products was SIG S3S,2lO.
here - certainly nothing in the condition Of
trade, foreign or domestic, there Is certainly moth
ing IN the condition Of our people OF any class To
suggest that the existing tariff aud revenue Iegsla-
ZION bears oppre ssvely upIn the people retards
the commercial development of the Nation. 10
may be argued that our condition would be better
u tariff legislation were upon free trade basis;
but u cannot be denied that oil the conditions of
prosperity aud Of general cOnieutment are present
IN larger degree than ever before in our history
anu That, too, just when Il WAS DrOphesied they
WOMB Dc in the worst state. Agitation for radical
changes IN tariff and financial legislation cannot
help, but may seriously impede business TO the
prosperity Of which some degree Of stability in
legislation - essential
think there are conclusive evidences that the
new tariff has created several great industries
which will, within few years. give employment
10 several hundred thousand American working
men aHd women. 10 Wow Of the somewhat over
crowded condition Of the labor market Of the
United States. every patriotic citizen should rejoice
az sueh a result.
The report ofthe Secretary of the Treasury shows
that the total receipts OF the Governments from
ali sources, for the fiscal year ending June 30 1891
I rrFrrI & 81
same period were si2l, 3Oi 40 49, leaving surplus
OF 81, 30 762.57.
the receipts OF the fiscal year ending June 90
ls12, actual and estimated SE}3 OO0OOO aud the
expenditures siO9,0O0.G00 For the fiscal year end
lnE June ~, 1893 the estimated receipts $685.
33G35O, and the expenditures SffI, 10000.