Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-08-25
NEW AND THE OLD
interesting Comparisons 10y
Chief Brock
ON OUR TARIFF STATISTICS
Figures Which Free Traders WIN Be
Puzzled 10 Explain 10 Themselves
Satisfactorily.

WAsHINGroS, Aug. 24.--Secretary
Foster has returned from his vacation
and taken up bis work m the treasury
| department with renewed energy and
vigor. lie finds the affairs Of the de-
partment in an excellent condition, and
he i haunted by no fears OF national
! bankruptcy or a deficit at the end Of
the yesr. The receipts from customs
| duties and internal taxes are steadily
! increasing and promise considerably TO
exceed the estimated revenues for the
current fiscal year.
Secretary Foster Is exceedingly graft
fed on account of the favorable results
of comparison which he has caused
to be made by the chief of the bureau
of statistics, of the foreign trade of the
United States under the old and new
tariffs. respectively. la conversation
he said; ''The official statement which
MAJOR Brock has prepared u extremely
! interesting and valuable; IL Is worth
more than volumes of assertions based
| Oh theories. Ii shows that the last con-
gress, when u revised the tariff, did It's
work lntelhgenuy and we'll, and did
not, as many people declared and still
| continue TO assert, build a Chinese
wall 10 check imports and prevent eX-
ports. The statement also shows that
| many other assertions made by the
free traders are not only incorrect but
| groundless."
| what years are taken for the pur-
poses of comparison asked the cor
| respondent.
"rhe fiscal years ended June 80, 1890,
and June 80, 1892. The tariff of 1890
was in force during three months and
six days of 1891, and the new law did
| not become wholly operative until
July |. 1891, so that year enued Juue
| so, 1891. could not be used. During
entire year ended June so, 1890, the
| tariff of 1888, was IN operation, and
during the entire year ended June so,
1892, the tariff of 1890 was operative"
The Comparison.
"Can you give me summary of the
results of the comparison"
"Yes, here il is: |. The revenue has
been reduced SOL ,3e7 $50. >? There has
been an increase IN the total value OF
our foreign commerce of $2I0, ,540, 80,
as compared with 1890, and an increase
of Si00 ,357 ,5S4 over the annual aver
| age OF the ten years prior 10 1881. 3.
! In 1892, the exports for tine first tima IN
| our history, exceeded "a billion OF dol
lars, being 81, ,03O, ,27S $50, which was
! Sl72, ,449, ,346 more than In 1890, and
S2G5, l42, ,533 in excess of the average an
nual value of exports for ten year, prior
to 1891. 4. Tho increase IN exports of
cotton over 1890 was ST ,492 ,449, and $50,
IA . to-
ten wears. 8. The export of bread
stuffs for 1892 exceeded the value of
the same exports in 1890 by the sum OF
Sl44, ,437 100. and exceeded the average
annual value for the ten wears prior 70
1891 by the sum of Sl3l 200, ,224 6.
The value of the exports of provisions
in 1892 exceeded the value of like ex-
ports in 1890 $4,097 ,653, and the aver
age annual value for the ten years
| prior to 1891 by the sum of So ,703, =
432. Z. The exports of cattle, sheep
and hogs in 1892 exceeded the value OF
like exports during 1890, 10y the sum
of S3,2ll ,03l, and exceeded the average
annual value of the same exports for
the ten years prior to 1891 by the sum
of $40, OIL.
Great ENcesSes shown.
8. The combined value of exports Of
cotton. breadstuffs, provisions, cattle,
sheep and hogs, all classed g. agrlcul-
tural products, OF 1892, exceeded these
exports of 1890 by the SUM OF Sl59 ,23S,-
323, and exceeded the average annual
value of the ten years mentioned 10y
the SUM of s2l5. .965, ,63s. 9. The ex-
ports Of all other products in 1892 eX-
ceeded those of 1890 by the sum Of ST.
1919 $50, and exceeded the average
annual value Of such exports for the
ten years prior to 1891 10y the sum OF
$40. .42O. .O63. 10. The exports Of manu-
factures IN 1892 were $3.50 ,337 IN eX-
cess of like exports IN 1890, and $50,
906, ,294 in excess OF the annual average
value for the ten years prior to 1891.
II. The value of our imports IN 1892
exceeded the value of the same IN 1890
by the sum of S3s, ,99l, ,l64, and theayer-
age annual value of the ten years
prior to 1891 by the sum Of Sl35, Of, ,052
j.. The value of free imports IN 1872
exceeded the value of like imports IN
1890 by the sum of $l92, ,332 lz3, and
there was q decrease of duuable inn
ports amounting 10 $l54.2f0, go. -.
The value Of the free imports snd also
the percentage OF the same IN 1882
were the largest IN the history Of our
commerce. so that trade is freeT even
than before. aud largely of such
articles ss are not produced IN tins
country. and which enter INTO tho
ds.iy consumption OF sa0 people. lf
/ Tie duty colec Ell per cap!ss 0i &c
population 10 1892 vas f2.57, which Ta'
less than for any year since 1858, and %!
cents less than the Hnnual average
for the ten years mentioned. l5
Increased Employment
There wsss decrease on the imports
OF the manufactures Of wool Of SOL
0f6. .552. Of Si3,255.fls On imports Of
manufactures Of ron and Ueel, IN
manufactures ~ Slk OF 81 50S $50, IN
manufactures of fsK. hemp. etc. g..
1876 0f2 i'm msnufsctures Of cotton
a. 1e4 220 iu tobacco 81 nc. 4lf-s total
decrease 0f $40. coo f54. thus vng n.
creased emp.o oyment to persons en-
gagged those WanufscoIres n thI'
country. and Tetsl.rC many mi lions
IF dollars A. homs. is. Bv virtue Of the
uer tard the mplrtaE00s of horses
sheep. cattle, tarr nft Catmea
rve. eggs. vegetst es ps fatseca
and tobacco duTrg tne YH8r
were s24or f5 Iess tna0
1880. And t.af much more borne
msrket vss gwen 90 our farmers I-
Tie value of our erpo-s cf tcmesf q
art fore 81 uer nanf7e exceeded
f1r 70 re oi Gee imports br Sc
isrCe s1n7 ~ sZ M The reC-
Ir7r tv c.ause ~ tte rtw sr set as'