The enterprise. [volume] (Wellington, Ohio) 188?-1899, 1892-12-07
The Commercial and Industrial In.
teras.s Of the Country Shown
to Be In a Highly Pros.
porous Condition.
He Touches Upon the Tariff CUES.
ton and Recommends That
Action Upon It be Left to
the Incoming Congress.
Our Various Diplomatic Relations
Reviewed at Length, and Stated
to be in an Undisturbed
Condition.
An Analysis OF the. Reports OF tho Head
of Departments uggestlons and
Recommendation Concerning
ImpOrtaut Measures De-
mandlng Legislation.

10 the Senate and House OF Representatives:
COMMERCIAL AND INDUSTRIAL INTERESTS
In submitting my annual message to congress,
have great satisfaction In being able TO say
that the general conditions affecting the com
mercial and industrial interests OF the United
States are in the highest degree favorable. A
comparison OF the existing conditions with
those Of the most favored period in the history
OF the country will, l believe, show that so higt
degree OF prosperity and so general diffusion
OF the comforts OF life were never before enjoyed
by our people Tho total wealth OF the country
in 1880 was Sl6, l65, ,6i0,0G8 In 1890 II amounted
S62, 100000, an increase Of 2S per cent Tn,
total mileage Of railways in the United StateI
in 1880 was 9O,626; In 1900 II was 1874, an In
crease OF 44S per cent, and 1t is estimated tina
there will be about 1900 miles OF track added BY
the close OF the year 1892 The Official returns
OF the eleventh census and those OF the tentl
census for seventy-ave leading cities furnish
the basis for the following comparisons:
In 1880 the capital invested in manufacturing
wns Sl,e22, ,SS0, 67l In 1890 the capital invested
In manufacturing was 81, 900 1884, In 1880 thu
number Of employees was /, ,30l 1888. In 1890 th
number Of employees was 225l,13 In 1880 tn,
wages earned were s50l ,965 us. In 1890 the wager
earned we're Sl2I,1TO,i5I. In 1880 the value
the product was s2,Pil 80, 500 In 1890 the valu
OF the product was t4,Ss0, ,25Ss57.
am lniormed py ihe superintendent OF cen
sus tpat the omission OF certain industries II
looO whien were included In 1871 accounts II
part for the remarkable incr ease thus shown
But, after making full allowances for diner
ences OF method ana oeductng the returns 10
all Industries not included In the census OF 1880
there remain in the reports from these seven ty
i've cities an increase in the capital employe,
OF b22 7i5 G0i in the value OF product OF e 024
zSo'loo; In wages earned OF 'o7,siS'ySS. and II
the number OF wage-earners employed OF SSOV-J
The wage earnings not only show an increased
aggregate but an increase per capita from tSS
In 1881 to isi1 In lssO, or ii.n per cent
The new Industrial plants established since
October O. 1890, and up TO October r. 1872 a
partially reported In the American Economist
number 80, and the extension OF existing plant
loyi the new capital Invested amounts 70 tiO.
tisooV. and the number OF additional employs
toN<n
Inc IIexue Woria lot July ioSs' statei
mat uurine the I'rst SIX montnt OF the preseni
oaienoar year 70, new ineloriss were ouilt
Wnicn " ore cotton mills 10 knitting mills, 2
woolen mhls, 10 SIX mills, 4piush mills ana .
linen mills vi tne W COTTON mills II nave peer
pult IN tne southern states. MT A. D. shep
person, OF the New YORK Cotton E1ehange' es
Ilmhtes the NUMBER OF working splnules IN INT
United States on September J., 1872, at lb,SOO,
Wv, an increase OF ooo'Ooo over tna year lSsl
The consumption OF cotton by American mill
IN lo'i was sSso'VoV oalos, ana In loSs s'oSf,Ou
paies, an increase OF ieSoVo bales' From TIT
year 1907 TO les2 inclusive there ha, been an In
crease In the consumption OF cotton In Europ'
ofsS per cent while during the Same period tn,
increased consumption In the United States hat
been about 100 per cent
The report OF Ira Aver special agent OF tn,
treasury department, shows that at the date o.
september 30, 1892, there were thirty.two com
panies manufacturing tin and terne plate in the
United States and fourteen companies building
new, works for such manufacture The esti
mated investment In buildings AMI plants at tn,
close OF the fiscal year. June 30 1893, II existing
conditions were to be continued, was S5OOO,ON
and the estimated rate OF production 90O0OO,0O
pounds per annum. The actual production fol
the quarter ending September 30 1892, was 10,
o62,T25 pounds.
The report OF Labor Commissioner Peck, Of
New York, shows that during the year 1891, In
about six thousand manufacturing establish
ments in that state embraced within the special
inquiry made by him, and repre- sentlng o. diff
ferent industries, there was a net Increase over
the year 1890 OF ,sl sS so es in tho value OF the
product and OF t6,ST,995.O9 in the amount Of