The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1892-12-16
THE MESSAGE.
President Harrison's Communica-
ton to Congress.
He Believes Tariff Revision should BE LET
to the Next COngress-A General Re-
view of the Condition of the
Countrywide Treasury.

congress were presented with the pres
idents message on assembling to-day.
As will be seen it is devoted. in addition
TO the usual review of executive work,
70 a consideration of the effect of the
changed political conditions on the COM
mercial and financial business of the
country. The message as read is as
follows:
To the Senate and House OF Representatives:
In submitting my annual message to congress-
have great satisfaction in being able to say
that the general condition affecting the com
mercial and industrial interests OF the United
States are in the highest degree favorable In
comparison of the existing conditions with
those OF the most favorable period in the his
tory OF the country will, 1 believe, show that so
high degree Of prosperity and so general a
diffusion Of the comforts Of life were never be
fore enjoyed by our people.
The total wealth of the country in 1860 was
SIC I59 6l6O6s; in 1890 It amounts TO s62 GlOOO),
600 an increase Of fS5 ner cent
The total mileage OF railways in the United
States in 1860 was 30 626 in 1890 it was 1874,
an increase of ASS per cent; and it is estimated
there viii be about 400 miles Of track added
by the close OF the year OF 1892. The official
returns OF the eleventh census and those Of the
tenth census Tor seventy five leading cities fur
nished the basis for the following comparisons:
In 1880 the capital invested in manufacturing
was Il ,232 $50 GO In 1899 the capital invested
in manufacturing was ;2,90o 7S5, Si4 In 1880
the number OF employees was l,3Jl,3SS. In 1870
the number OF employees was :, 81 1874 In 1889
the wages earned were sI0l, a55, 77s. In 1872 the
wages earned were S1,221 lao, 4A In 1880 the
value OF the product was s2,11l,5799S9 In 1890
the value Of the product was 81 SEQ 2S5S3i
am informed by the superintendent OF the
census that the omission of certain industries
in 1881 which were included in 1890. accounts in
part for the remarkable increase thus shown
But after making full allowances for differences
OF method and deducling the returns for all in
dustries not included in the census of 1sS) there
remain in the reports from these seventy-fve
cities an increase in capital employed OF Sl,522,
5s560i, in the value of the product OF S902i 1885,
i66. in wages earned OF S375,9i399, and in the
number OF wage earners employed Of S56,029
The wage earnings not only show an increased
aggregate, but an increased per capita from
t3sS in 1880 to s547 in 1879, or All per cent
The new industrial plants established since
October g 1890, and UP 10 October - 1892, as
partially reported in the American Economist
number 3i5 and the extension OF existing
plants los; the new capital invested amounts to
Gao, 449, O5l and the number of additional en-
ployes TO 1926.
The Textile World for July. 1892, stated
that during the first sixteenth OF the present
which 40 are cotton mills, As knitting mills, 20
wooden mills, Is silk mills, plush mills and 2
linen mills OF the 20 cotton mills 81 have been
built in the southern states Mr.. A. b. Shep-
person. of the New York Cotton exchange, esti-
mates that the number OF working spindles in
the United States on September l.
1892, at 15.20lOOO, an increase of 100000
over the year 1891 The consumption of
cotton by American mills in 1891 was 9, 900
bales, and in 1892, 2.5siOO0 bales an increase OF
lsSO0J bales From the year 1869 to 1892 in
elusive, there has been An increase in the con-
sumption of cotton in Europe of 90 per cent,
while during the same period the increase OF
consumption in the United States has been
about $50 per cent.
The report of Mr.. Ira Aver special agent OF
the treasury department shows that at the
date Of September 30, 1892, there we're thirty
two companies manufacturing tin and terne
plate in the United States and fourteen com
pauies building new works for such manUfact-
urc The estimated investment of capital in
buildings and plants at the close of the fiscal
year June 90 1888, If existing conditions were TO
be continued, was 100000, anb the estimated
rate Of production 2OO,O5O,OO0 pounds per an
mum The actual production for the quarter
ending September 30 1892 was 10, 9j2,725 pounds.
The report Of Labor Commissioner Peck, OF
New York, shows that during the year 1891, in
about GOOD manufacturing establishments in
made by HIM. and representing six ty-scven diff
ferent industries. there was net increase over
the year 1880 of 81 Sl5 6s in the value Of the
product, and OF s6, So .O9 in the amount OF
vases paid The report of the commissioner of
labor for the state OF Massachusetts, show that
S745 industries in that state paid S1s9, 4l624s in
wages during the year 1921, against Si26O3O.3J3
in 1890 an increase Of So. 3S5 945 and that there
was an increase OF IS, 9S2. 400 in the amount of
capital and Of 7,S45 in the number OF persons
employed in the same period
During the last six months of the year 1891
and the first six months of 1892 the total pro-
duction OF Mig iron was 97I0,Sl9 tons, as against
3, 209, 7O3 tons IN the year 1890, which was the
largest annual production ever attained For
the same twelve months Of ls9i-ls92 the pro
duction of Bessemer ingots was 3,s7s5sI tons,
en- increase of 1870 gross tons
over the previously unprecedented yearly
production OF ), 6Ss,s7l gross tons in 1890 The
production Of Bessemer steel rails for the first
six months Of 1892, was 772,4 S5 gross tons, as
against 70a,osO gross tons during the last six
months OF 1891.
and manufacturers during the lasl fiscal year
was 81 s57 ESQ 60 an increase Of SIPS 3 6O4 over
the fiscal year. The average annual value of
our imports and exports OF merchandise for the
ten fiscal years prior TO 1891, was 81 451 3D. Ol9
1t will be observed that our foreign trade for
.S92 exceeded this annual average value by
eI093 1891, an increase of %. II per cent The
significant and value of this increase are shown
by The TACT that the excess in the trade Of 1892,
over 1891, was wholly in the value of exports,
for there was q decrease in the value Of i'm
ports, OF sl7,5l3s5L
The value Of our exports during the fiscal
year 1892 reached the highest figures in the his
tory Of the government, amounting 10
81 ,o5o, e1S1iS, exceeding oy sl4,191,3SS The eE-
ports o. 1891 and exceeding the value OF the i'm
ports by - 63i 4 comQarison OF the value
OF our imports for 1892 with the annual average
for the ten years prior 10 1921 shows an excess
Of S265 1901, or OF S46S per cent The value Of
our imports OF merchandise for Is > which was
$50 ~. 162, also exceeded the annual average
vaiGe Of the ten years prior TO 1891 By Sl3h215
$40 During the fiscal year 1872. The value of
imports free Of duty amounted to Si57, 999 65s,
the largest aggregate in the history OF our com
merce. The value Of the imports Of merchan-
disc entered free Of duty in ls9. was - - per
cent Of the total value Of imports. IS compared
with 4S s. per cent in 1891 AID 1895 per cent in
1924
In our coastwise trade most encouraging
development is in progress, there having been
in the last four years an increase Of i6 per cent
IN internal commerce, the statistics show that
no such period Of prosperity has ever before
existed. The freight carried in the coastwise
trade Of the great lakes in 1890 aggregated IS.
295. 959 tons
On the Mississippi, Missouri and Ohio rivers
and tributaries in the same year the trafic ag-
gregated 20 404 406 tons and the total vessel ton
mage passing through the Detroit river during
that year was 2l,ssL000 tons The vessel ton
mage entered and cleared in the foreign trade Of
London during 1890 amounted TO Il, 4sl 767 tons
and OF Liverpool 10 9i so tons, total for these
Two great shipping ports Of "a go SIS tons, only
slightly IN excess Of the vessel tonnage passing
through the Detroit river. And II should b.
said that the season for the Detroit river was
bui IS days, while Of course in London and
Liverpool The season was for the entire year.
The vessel tonnage passing through the ST
Mary's canal for the fiscal year 1892 amounted
70 SIS, S74 tons and the freight tonnage OF the
nafroft river fS estimated frr that z-nar .,