Kansas agitator. [volume] (Garnett, Kan.) 1890-1905, 1891-12-15
amounted fossil 1920 wnic.l was an

dollars over the value of the imports Of
the corresponding months OF the pre-
ceding year, when the imports of iner-
chandise were unusually large in antici-
patton of the tariff legislation then
pending. The average annual value of
the imports OF merchandise for the ten
years from 1881 to 1899 was $692. 1856, 522,
and during the year ending Sept. 30,
1891, this annual average was exceeded
by $l33, 528, 4G3. The value of free i'm
ports during the twelve months ending
Sept. so, 1891, was $1lS,0 3S7 more
than the value Of free imports during
the corresponding twelve months of the
preceding year, and there was, during
the same period, a decrease Of $l06,S46,-
SOB, in value OF imports of dutiable mer-
chandise. The percentage Of merchandise
admitted free of duty during the year to
which have reference, the first under
the new tariff was 81. 16, while during
the preceding twelve months, under the
old tariff, the percentage was 34.27, an
six months ending Sept 80, last, which
been admitted free of duty, the per cent.
duty is found to be 55.37, which is
during any prior fiscal yearin the history
of the government. If we turn to ex-
ports OF merchandise, the statistics arc
full Of gratift alton. The whole of such
exports of merchandise for the twelve
months ending Sept. 80, 1891, was $685.
0D1. 1873, while for the corresponding pre-
vious twelve months, it was $3.50, III, lis,
an increase II $62, 9l4,021, which is
nearly three times the average annual in
crease of exports of merchandise during
any year in the history of the govern
menG. The increase III the value Of ex-
ports OF agricultural products during the
year referred to over the corresponding
twelve months of the prior year, was
bt5, Sl6, 1917, while the increase in the
value OF exports of manufac tured pro-
ducts was $l6,S3S, 240.
The report of the secretary of the
treasury shows that the total receipts OF
the government from all sources for the
fiscal year ending June 30, 1891, We're
G453, 544, 233.03, while the expenditures
for the same period were 1921 ,304, 470. 46;
leaving surplus of $37, 800, 1921
The receipts OF the fiscal year ending
June 30, 1892, sctual and estimated ARE
&f33, go 600 and the expenditures s., 300,-
Goa. 005. Tor the fiscal year ending Juae
80 1893, the estimated receipts are $lj5,
336, $50, and the expenditures $780,
45G ,093.
Silver.
Under the law Of July Il, 1890, the
secretary OF the treasury has purchased
since Aug. 10. during the fiscal yeal
48, 1898, 1l3 ounces of silver bullion, at an
average cost Of $1.045 per ounce.
In exchange for this silver bullion
there have been issued j,057 .499 of the
treasury notes authorized by the act.
The lowest price of silver reached dur
ing the fiscal year was so 1886 on April
90, 1891; but on Nov. 1 the market price
was only $U.96, which would give to The
silver dollar bullion value Of 74f cents.
Before the influence of the prospective
silver legislation was felt in the market
silver was worth in New York about
50. 90 per ounce The ablest advocates
OF free coinage in the last congress were
most confident in their prediction that
the purchases by the government re
quired by the law would at once briil2
the price of silver to $l.2929 per ounce.
which would make the bullion value OF
a dollar 100 cents and hold it there. The
prophecies Of the anti-silver men of dis
asters 70 result from the coinage OF
s., 100000 per month were not wider Of
the market. The friends of free silver
are not agreed, think, as to the causes
that brought their hopeful predictions tc
naught. Some facts are known. The
exports of silver from London to India
during the first nine months of the calen-
dar year, fell off over so per cent, Or
$17,202, 100 compared with the same
months of the preceding year. The
export Of domestic silver bullion from