Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1892-12-15
THE PRESIDENTS MESSAGE.
A Plain, Concise, Businesslike Statement Of
the Affsirs Of Our National
Goyerr-snt.
tended the Past Years Ad-
ministration.


day the presidents annual message
was presented and read before the
house and senate. The following is
synopsis:
To the Senate and House of Repre-
rentatives: In submitting my annual
message to congress L great salts
faction 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 ex-
listing conditions with those of the
most favored in the history of the
high degree of prosperity, and SO
general a diffusion of the comforts OF
life were never before enjoyed by our
people.
THE CoUNTRY's WEALTH.
The total wealth OF the country in
1850 was SIG, 159, ,616,O6S. In 1890
it amounted to S62 ,61O, 100000 an
increase OF 2S7 per cent. The total
mileige of railways in the United
States in 1S6owas 80, 1926; in 1890 it
was 167, ,74l, an increase OF 44S per
cent, and it is estimated that there
will be about 1000 miles of track
added by the end of the year 1899.
The Official returns OF the eleventh
sensus and those of the tenth census
for seventy-ive leading cities furnished
the basis for the following compari-
sons: In 1850 the capital invested in
manufacturing was 1,232, ,S39, $50.
In 1890 the capital invested in manu-
featuring was S2,9OO,725, 1884. In
1880 the number OF employees was
1,3Ol 1888. In 1890 the number OF
employees 2,251,134 In 1880 the
wages earned were $5O1 ,965,77S. In
1890 the wages earned were 81 ,221, =
17O, O,454. In 1880 the value OF the
product was 80, III, ,579,s99. In1s9o
the value OF the product was S4,S6O,-
| 2S6.S37.
am informed by the superintendent
of the census that the omission OF GER
tain industries in 1850 which were in
cluded in 1890 accounts in part for
remarkable increase that is shown,
but after making full allowances for
for the differences OF method, and de-
Quoting the returns for all the indus
tries not included in the census OF
1880, there remain in the reports from
these seventy-fve cities an increase in
the capital employed OF 1,522, 49,
6O4; in the value OF the products oi
S2,O24, ,236, 166; in wages earned oi
S677, ,943 ,929, and in the number oi
wage-earners employe of S56,O29
The wage earnings not only show an
increased aggregate, but an increase
per capita from 1886 in 1SS0to 1914
in 1890, or ALI per cent.
NEW INDUSTRIAL PLANTS.
The new industrial plants estab
lished since October 8, 1890, and uI
to October 22, 1892, as partially re
ported i'm the American Economist
number 345 and the extension of ex
itsing plants 1OS; the new capital i'll
vestment amounts to O,449, ,O50
and the number of additional em
ployes to Al .2S5.
/ believe that the protective system
which now tor something like thirt.
years has prevailed in our legislation
has been a mighty instrument for tn
development of our national wealth
most powerful agency in protectin
the homes OF our workingmen from
the invasion OF want.
1t is not my purpose to renew her
the arguments in favor OF a protectiv
tariff. The result OF the recent elel
ton must be accepted as having intro
duced a new policy.
THE PUBLIC REVENUES.
I The reports OF the heads of the se'
eral executive departments which al
herewith submitted have very natl
rally included result OF the who
work of the administration with I'll
transactions of the last fiscal yea
The attention not only in congres
but of the country, is again invited
the methods of administration wbiC
20 have been pursued and TO the resul
which have been attained. Publ
revenues amounting to 81 Ala, ,O9I
= 292.28 have been collected and di
bursed without loss from misappr
priation, without single defalcatic
of such Importance as to attract Il
public attention, and at a diminish'
per cent OF loss for collection.
= The public business has been tran
: acted not only with fidelity, but pr
gressively, and with view to give
the people in the fullest way possit
the good service established and mai
tanned for our protection and col
fort.
OUR FOREIGN RELATIONS.
Our relations with other nations a
now undlsturbed by any serious &C
m troversy. The accomplished and thres
ened difficulties with Germany a
England relating to Samoan affai
with England in relation to seal fis
IN cries in the Behring sea, and with CT
growing out of the Baltimore ali
have been adjusted. There have be
adjusted under section 3 of the tai
law commercial agreements relati
to reciprocal trade with the followi
public, Spain, for Cuba and POI
Rico, Guatemala, San Salvador,
German empire, Great Britain,
mt certain West Indian colonies a
IN, British Guiana, Nicaragua, Hondur
q" and austrian Hungary. OF these tn,