The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1892-08-19
OUR FOREIGN COMMERCE.
Under Republican and Democratic A.
ministrafion

miaiSefdttOU
Dr. P. Miller in Carthage Banner.
At the close of President Arthur's adj
ministration, March 4, 1885, the Repup'
lcan party had been in control OF the
government for twenty-four years. Dur
ing that period our total foreign COM
merce had increased from sos, s64 80 to
$3.50, 7l7,0o4. At the commencement
of the Republican administration the
balance of trade was $50, 756, 1O9 against
this country, while at the close OF Ar
thurs administration in 1856, 1T was Sl64,-
662 .426 in favor of this country, thus
showing a change of S234, AIS, 80 III
favor of this country.
Grover Cleveland was inaugurated
president of the United States March 4,
1885. The fiscal year ending June ~,
1850, a little over three months there
after, registered cur exports at s142,-
1S9. 755. our imports S577, 527 ,329, leaving
balance in favor of this country OF
1854, 662 426. At the close OF 1856, the
first full-year report OF Cleveland
administration, our exports were S6I9,-
524, $50, our imports $685.. 436, 1876, leav-
ing balance of trade of only S44, U.s.
694. a falling off in one year OF Sl2O,-
574, 722.
At the close of the second full fiscal
year Of Cleyeland's administration our
exports were SIG, 1873, 211, our imports
| $500. 319, 765, leaving balance III our
favor of only 500, S69, 443, change in
two years of $40, 79S, 9S2. At the close
of the third full fiscal year of Cleve-
| lands administration our exports were
$685., 954, 507, our Imports S123, SSH
showing balance of trade against us
of S2S, 002, 607, a change from that of
1885 of $192, 665, 032. In other words,
in little over three years of Cleve-
lands tariff reform administration our
foreign commerce was changed from
one in which we We're selling to for
eigners products amounting to $164,-
662 ,426 more than we were buying OF
them, to one in which we were buying
S28, COZ, 607 more than we We're selling to
them.
Again. President Harrison was in
augurated March 4, 1889. AT the close
of the fiscal year, June 3, nearly four
mouths after, over eight months of which
was under Cleveland's administration.
our foreign commerce was as follows:
Exports $742, 401. $40, imports S745, 49,
652, leaving balance against this
country of So, 720, 277. At the close of
the fiscal year. 1890. the first full years
report under Harrison's administration,
our commerce was as follows: Exports
1851, s2S, 6Sl, imports, $3.50, BIC, 400,
showing a balance of trade in favor of
this country of SOS, SIS 72. At the close
of the fiscal year, 1892. cur exports
amounted to 81, $50, 335, 626, our imports
1927. 391 1884, leaving balance OF trade
in favor of this country OF 3202, IA, S42.
Harrison's administration has practically
changed the balance of trade from $685.
002. 607, against this country to $202,-
S44, 542 in favor of this country, making
total change of $3.50, 947, $40 in favor
of the United States.
Note the changes: Cleveland began
with our exports, S742. 1S9, $50, and in
three years run them down to $685., 954, :
507, falling off of SAC, $50, 246-a loss in
the sale of domestic products to foreign
ers amounting to that much. The first
year of CleveIands administration the
imports of foreign products amounted to
S577, 527, 329; in three years they ran up
to S723, 957, 114-showing an increase in
the purchase of foreign products
amounting to SAG, 431, 7S5. Cannot
every intelligent farmer and working
our foreign trade must be to the people
of this country?
Notice again, Harrison's administra-
ton began March 4, 1889. The reports
for June 80 of that year showed our
exports to be $742, 401,3 75. AT the
close OF the fiscal year, June 80, 1892,
our exports were 5000, 335, 6a6, an in
crease in three years amounting to $751;
934,251. On the other hand, our imports
in 1889 were $S27, 391 2S4-an increase of
$50, 1852.
While our exports under Cleveland in
three years fell off SAG, 235, 246; in three
years uuder Harrison's administration
they have increased $2S7, 934, 251. Our
imports have also increased $50, 259, 632.
But 1t leaves Us with a balance of trade
amounting to $a02. ~, 342 ia favor of
this country; which amount has to be
paid in cash or in stock and bonds OF
this country held abroad.