The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1892-08-27
THE TARIFF AID THE REVENUES.


bureau of statistics, comparative state
ment of the foreign trade of the United
States under the old and new tariffs re-
spectively. The fiscal years ended
June 80, 1890, and june 30,
80, 1892. are taken for purposes of COM
parison. The tariff OF 1896 was in force
during three months and six days of
1891, and the new law did not become
wholly operative until July I, 1891. so
that the year ended June 80, 1891, could
not be used. 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 tariff of
1890 was operative. The results of
Major Brooks investigation are summar-
lied by Secretary Foster as follows:
l. The revenue has been reduced
SOL, 1857 $50.
g There has been an increase in the
total value of our foreign commerce of
500, $40, $40, as compared with 1890. and
an increase of S400, 357 ,5S4 over the an
nual average OF the ten years prior to
1891.
3. In 1892 the exports, for the first
time il our history, exceeded billion of
dollars, being 81, $50, 278. 030, which was
SIP, 449, 346 more than in 1890, and
$3.50, 142, 533 in excess of the average
annual value of exports for ten years
prior to 1891.
4. The increase in exports of cotton
over 1890 was 81 ,492 ,449, aud $50, ~, 912
over the annual average for ten years.
). The exports of breadstuffs of 1892
exceed the value of the same exports in
1890 by the sum of $I44, 437, 100, and ex-
ceeded the average annual value for the
ten years prior to 1892 by the sum Of
$13l ,206, 1874.
g. The value il the exports of provis
ions in 1892 exceeded the value of like
exports in 1890 81 ,097 ,653, and the aver
age annual value for ten years prior to
1891 by the sum of $27, 703, 422.
Z. The exports of cattle, sheep and
hogs in 1892 exceeded the value Of like
exports during 1890 by the sum of So
211 ,031, and exceeded the average an
nual value of the same exports for the
ten years prior 10 1891 by the sum of
$50, 2s3, OH.
s. The combined value of exports OF
cotton, breadstuff, provisions, cattle,
sheep and hogs, all classed as agricul-
tural products of 1892, exceeded the ex-
ports of like products Of 1890 by the sum
of S159, 23S, 1928, and exceeded the aver
age annual value of like exports in the
ten years mentioned by the sum of $215.-
go, $3.50.
8. The exports of all other products
in 1892 exceeded those of 1890 by the
sum of 81, 100, $50, and exceeded the
average annual value of such exports
for the ten years prior to 1891 by the
sum of $40 Ago. 0G3.
TO- The exports of manufacturers in
1892 were So, 3S4 ,357 in excess of like ex-
ports in 1890, and S39, 906.294 i'll excess
Of the annual average value of the ten
years prior to 1891.
II. The value of our imports i'll 1892 |
exceeded the value of the same in 1890 |
by the sum of $3S, 091, 1854, and the aver
age annual value of the ten years prior |
to 1891 by the sum of S135, 215, 052
- The value of free imports in 1892 !
exceeded the value of like imports in
1890 by the sum of 1892, 332, 143, and |
there was decrease of dutiable imports |
to 1854, 240,979
49, The value of the free imports and |
also the percentage Of the same in 1892 |
were the largest in the history of our
so that trade is freer even |
than before, and largely of such articles !
as are not produced in this country and |
which enter into the daily consumption |
Of the people.
a.. The duty collected per capita of |
the population in 1892 was 81 81, which |
was less than any year since 1868, and |
95Ic less than the annual average for the !
ten years mentioned.
-. There was decrease in the i'm |
ports of the manufactures of wool of |
sci ,016, 562; of $13, 1855, 61S in imports of |
of iron and steel; in man |
ufactures of silk of 81, 513, 4S0; in manu- |
features of flax, hemp, ETC., 81, 1876, 062; |
in manufactures of cotton, S1.o94, $50, |
and in tobacco, S1,176,411, a total de- |
crease of SAG, 692, 454, thus giving in
creased employment to persons engaged |
in these manufactures in this country, |
and retaining many millions of dollars
at home.
10. By virtue of the new tariff the i'm
portations of horses. sheep, cattle, barley |
oats, oatmeal, rye, eggs, vegetables, |
hops, fiaxseed and tobacco during 1892
were 20,051 ,495 less than III 1890. and |
TO our farmers.
nestle and foreign merchandise exceed
I'd the value of the imports in 1892 by |
.he large sum of 500 ,S16 4J6.
IS. The reciprocity clause of the new
tariff act has opened up new foreign
and our exports to the coun
.ries with which reciprocity relations
have been established have increased in
value the sum of $40, ESQ, SS1.
10. Established industries have been
stimulated and new industries started,
which are giving employment to hun
lredS of thousands of men; 80 that great
exists in all lines of trade,
while in nearly every other country
there is more or less depression.
20. There has been steady decline in
N prices of the necessaries oflife as com
pared with prices prior TO the adoption
Of the tariff act of 1890.
81. There has been an advance in
wages.
%. The prices of farm products have
increased since the passage of the tariff
act OF 1890 by IS. g. per &c t.
Major Brock found that the average
rate on sugar imported in 1890 Except
rom Hawaii, which came in free under
he reciprocity treaty. was 200 cents a
pound. Apply that rate 10 the quantity
Of sugar imported from April I, 1891, TO
June 80, 1892, except from Hawaii, the
otal being t, $50, l66. 29l pounds, and you
nave the enormous sum of S9t, 6Sl ,025. 60.
The tariff on sugar was purely a revenue
ariff-a tax levied on the consumers of
of the comparatively
small amount produced in the United
States In The fifteen months therefore |