The times. (Owosso, Mich.) 1882-1897, 1892-10-14
A STATESMAN'S VIEW
OF WHAT THE M'kiNlEY LAW HAS
DONE FOR US.
New Markets Opened. Prices Advanced.
, Manufactures and the Workman Bene-
Isnecial Cnrrespondence.l

| ''.' r Especial COrresponueuCeJ
WASHINGTON, Sept. 5. = Secretary
Foster, of the treasury department,
found pleasant surprise awaiting him
when he returned from Ohio. The chief
of the bureau of statistics, although the
weather has been very hot, had been
rafting around among his figures while
Secretary Foster was away, and was
able to give him some interesting in
formation about the effects of the Nc
Kinley tariff which even surpassed the
expectations which Secretary Foster had
formed as to the wonderful success Of
that measure and the remarkable pros
perity of the country under it.
| 1T is wonderful showing" said Mr..
Foster reflectively, as he leaned back in
his Office chair and looked again at the
totals and comparisons which Mr.. Brock
had laid before him. II wonder what
the tariff reformers can say to this. 1t
is worth more than volumes OF asser-
lions based on theories. 1t shows that
the last congress, when it revised the
tariff, did its work intelligently." ~
"What years are taken for purposes
of comparisonY asked the correspond
ent. .
1.-THE fiscal years endel June 30, 1890,
and June 80, 1892. During the entire
year ended June 80, 1890, the tariff of
1888 was in operation, and during the
entire year ended June 80, 1892, the
:ariff of 1890 was operative"
"Can you give ME a summary of the
results of the comparison '...I
Eyes, here it is:
-.t REVENUE INCREASED. =
"First-The revenue has been in
creased SOL 1857 $50. t.'''' '' .'-
"Second-There has been an increase
VI the total value of our foreign COM
MERGE of $210, 540,5 $40, as compared with
1890, and an increase of $400, 1851, 1884
over the annual average of the ten years
prior to 1891. .sa
p .a3 INCREASED EXPORTS
"Third-In 1892 the exports for the
first time in our history exceeded a bill
lion dollars, being 81, O3O, 27s, 03O, which
was $172, 449, 346 more than in 1890, and
1865, 142, 1913 in excess of the average an
nual value of exports for ten years prior
to 1891. ~ a il H" "t
"Fourth-The increase in exports Of
cotton over 1890 was 81 ,492, 449, and $780,
772,912 over the annual average for ten
years. ut,.f
"Fifth-The exports of breadstuffs of
1892 exceeded the value Of the same ex-
ports in 1890 by the sum of $144, 437, 100,
and exceeded the average annual value
for the ten years prior to 1891 by the
sum of $13l ,206,224. .o'r. 'nH .a.'Il.
"Sixth--The value of the exports of
provisions in 1892 exceeded the value of
like exports in 1890 81, 097 1858, and tho
average annual value for the ten years
prior to 1891 by the sum of $27, 703, 432.
''Seventh-The exports of cattle, sheep
and hogs in 1892 exceeded the value of
like imports during 1890 by the sum of
1921 ,031, and exceeded the average an
nual value of the same exports for the
ten years prior to 1891 by the sum of
sec, 283,071. .
GOOD FOR THE FARMERS.
"Eighth-The combined value Of ex-
ports of cotton, breadstuffs, provisions,
cattle, sheep and hogs, all classed as
agricultural products, of 1899 exceeded
these exports of 1890 by the sum of $780,
23S, 1898, and exceeded the average an
nual value Of the ten years mentioned
by the sum of $215, 1865, $3.50.
"Ninth-The exports of all other
products in 1892 exceeded those of 1890
by the sum of 81 ,199, 800, and exceeded
the average annual value Of such ex-
ports for the ten years prior to 1891 by
the sum of $49, 1900
"Tenth-The exports of manufactures
in 1892 were $S,384,357 in excess of light
exports in 1890 and $50, 9O6, 294 in excess
of the annual average value of the ten
years prior to 1901.
BALANCE OF TRADE FAVORABLE.
"Eleventh-The value of our imports
in 1892 exceeded the value of the same
in 1850 by the sum of $38,091 .164 and
the average annual value of the ten
years prior to 1891 by the sum Of $780,
215,052.
"Twelfth-The value of free imports
in 1892 exceeded the value of like inn
ports in 1890 by the sum of $192, 332, 143,
and there was decrease of dutiable inn
ports amounting to 1854 ,240,979.
INCREASED FREE LIST.
"Thirteenth-The value of the free
imports and also the percentage eff the
same in 1892 were the largest in the his
tory of our commerce, so that trade is
freer than ever before, and largely VI
such articles Us are not produced in this
country and which enter into the daily
consumption of the people.
REDUCED TAXES.
"FourteenCh-The duty collected per
capita of the population in 1892 was So 81,
which was less than for any year since
1868 and 9516 cents less than the annual
average for the ten years mentioned.
"Fifteenth-There was decrease in
the imports Of the manufactures of wool
of SCI ole, 553, of $13,255,6i3 in imports
Of manufactures of iron and steel; in
manufactures of silk Ci $685. 30; in
manufactures of flax and hemp, ETC.,
So, 136,O62; in manufactures of cotton,
81, 594 $3.50; in tobacco, 81 lie, 411--a total
decrease of sac, 692, 454, thus giving in
creased employfnent to nersons anoaoad