New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-07
TEXT OF TIE MESSAGE.

TENT OF HE ML>NAbE.
To the senate and House Of Representatives.
H. Submitting my annual message TO Congress,
| have great satisfaction I'm being able to say
that the general conditions affecting the COM
mcrcill and Industrial interests Of the United
| states are in the highest degree favorable.
| comparison II the existing conditions with those
OF the most favored period in the history of the
| country will believe. show that 30 high
degree Of prosperity and so general diffusion Of
| the comforts Of life wcrr never before enjoyed
The total wealth Of the country in 1860 was
| SlC,l59Gl6.oCs. In $500 il amounted 10
So. 81 O.UGO.U 900. an increase OF 80 per cent.
| The tota! mileage oi railways in the United
States in 1850 wa @0.G!6 in 1890 IL was lG7.7il.
| nm increase OF 49, per cent and il Is estimated
| that there will be- about 5000 miles OF track
! added ly the Gloss, of the year 1892.
The official returns Of the Eleventh Census and
| those of IN" Tenth census Tor ~N"nfy-hN" leading
cities furnish the basis for the following com
In ESQ The capital invested in manufacturing
| was 81 .e32. $3.50.
In 500 the capital invested in manufacturing
! wac s. 500, 73j,S3l,.
| In i $40 ,hc number Of employees was 1888.
| In ls00 tho number OF employees was 2,2jll3l
| In $50 the wages earned were SOL .96j,Io.
| In 1890 the wages earned were 81 ,22l liOijl.
In 1880 the value Of the product was
| S27ll, j,0,s9O.
| In 800 the value of tie product
| 81 sGO2sG.s37.
| am Informed by the Superintendent OF the
Ccnsu, that III" omission OF certain Industries ~
1880 which were included in 1890 accounts IN
part for the remarkable increase thus shown
| Bur. after making full allowanc" for differences
| Of method and drductng the returns for all IN
du.iric- not included in the census of $50, there
remain in the reports from these scventy-yr cities
| an increase IT, the capital employed OF - 49,
?ii,C0i: in the value of the product 81
| and in the number Of wagc-carncrs employed of
! Sj6.0?9. The wage earnings not only show an
| increased aggregate, but an Increase per capita
from $50 in 1880 to Sji7 in 1890, or ALL
| per cent.
| PROGRESS UNDER THE M'KINLEN BILL.
| The new industrial plants established since
| October g. 1890. and mp TO October %? 1892, "a
| partially reported in d" The American Economist,
| number 3lj and the extension Of existing plants
| los: the new capital invested amounts to
| Sio.lio,05o. and the number oi additional EN-
| ploycs to 37,!Sj.
The Textile World" for JnN. 1880, States
,iat during tine first six months of the present
| calendar year 49, new factories were bnllt. OF
which forty are cotton mills forty-cisht knitting
mills. twcnty-siv woollcn mills, li'crn silk mills,
four plush mills and TWO Inca mills. OF the
forty cotton mill, twrnt y-Onr have been hullt IN
the Southern States. Mr. \. H. Slrprison, OF
| tn. Ncw-lorli Cotton Exchange estimates lh'
| number of working splndl"S III IN" Ht'fi STATES
| ON September !. S9!, at lJ.:Oo,uOO, an increase
| Of coo 900 over the year 1891. Ih" consumption
Of cotton by American mill, IN lS' was
2S9 900 bales. and IN 1892 ",is 1000 bales, an
| increase OF 49, 900 bales. From ia" year 1862
10 1892 inclusive. there has been an Increase IN
the consumption Of cotton IN Iulopr Oi ~ per
cent while during III" same period the incI'a.rl
consumption in "a" United Stale" has b'"l ABOUT
| 80 per cent .
The report Of Ira Aver, special agent of the
Treasury Department, shows that n iii" date OF
September 80, lNo2, there were tluriy-two com
pinlrs manufacturing tin and tern" plat" ~ ~"
United States and Iouitcrn companies building
for suc
investment Ia buildings and plants n the cio'"
OF the lisca year, june 80, 1898. II existing con-
difons 10 br continued, was S1,OUOOpO. ana
the estimated rat" of production ?OO,OOo,uo
pounds per annum. The actual production for
the quarter ending September 80 1892. WAS
iO,DJ2,.2j pounds.
The report Of Labor Commissioner Peck, OF
New-l ork. shows that during the year 1921, III
about G.OO0 manufacturing establishments IN
that State embraced within the special inquiry
| made by him. aad representing slNiy-s"vrn an
icrcnt industries there wne not inrr:iS, over
the year 1890 Of ST. 81 s. 80 6S in the value oi
the product. md Of SG,%'1,09j 90 IN the amount
Of wages paid. The report 0t the Commissioner
Of Labor for Ill" State of MASSACHUSETTS, shows
that 31ij industries in that state pald SID,
4lG,24S in wages during the year loDl, AGAINST
Sl?6O%0.5O,; IN $780, an Increase of S3,31j.0lj.
and that there was an increase oi S9,0J? 400
in the amount Of capital and Of 7,3ld IN the
number of persons employed in the same period.
During The last months OF the year 1891 and
the first six months Of 1892 the total production
Of pig iron was 9,1lO,sI9 tons. rs against 0,2O2
10j tons in the year $40 which was the lare''t
annual production ever attained. For the slmc
lively" months OF 1919? the production Of
BcsSemcr lngots was js,S,jsl tons an incrcaS" Of
1870 gross tens over III" previously unprc-
ccdcntch yearly production OF 3,GsS,s1l gross
tons in 500 Tn" production of lssscmcr steel
rails for the first six months OF 1892 was 49,
i3G gross tons, as against 10!,0SO gross TONS
during the last six months OF the year 1891.
GROWTH or FOREIGN TRADE
The total value Of our foreign trade cNporis
and imports Of merchandise during the last fiscal
year was 81 ,sj7 .6sOGlC. an increase Of 81 S,?S3
GOA over the previous fiscal year The average am
nual value Of or imports and exports OF mcr-
chandisc for the ten fiscal years prior 10 1891 was
81 Az, 322,0l0. IL will be Observed that our
foreign trade for 1857 exceeded this annual aver
age value by Si0O,3 1891, an increase of -
per cent The significance AMI value OF this in
crease are shown by the fact that the excess in the
trade of s02 over lsJl was wholly in the value
Of exports for there Il decrease in the value Of
imports Of Sl1,il 3,1ji.
The value OF our exports during the fiscal year
500 reached the highest figure In the history o.