Audubon County Republican. [volume] (Audubon, Audubon Co., Iowa) 1885-1894, 1892-09-01
OUR FOREIGN COMMERCE..

trade under existing conditions.
OUR FOREIGN COMMERCE..
STATISTICS WHICH SHOW now IT HAS GROWN
UNDER RECIPROCITY.
Through the courtesy of the chief of the
bureau of statistics, have full statement
of the general situation as respects foreign
and domestic trade for the year 1890 and
1892 the first full year following the tariff
act of 1890 as they appear from the statis-
ties of our foreign trade, gathered In the bu-
reau together with standardization of these
details, This standardization wish to re-
port although its substance has already
been printed. II discloses u most favorable
condition of our foreign trade for the fiscal
year 1892 as compared with the tis al year
1890, the fiscal year 1892 being the first year
whore comparison can be made the foreign
trade of 1890 was somewhat accelerated by
the prospective revision afterwards made.
This summariEatiou dlSclosos;
First, the revenue has been reduced SOL
301, $50.
Second, remarkable Increase In the total
value of our foreign commerce. Value OF
same In 1899 over 1890, S2i0,5I0,bl0, and an
increase of Si00, 351 ,5Si over the annual aver
age for the ten years prior To 1891.
Third, The exports In the fiscal year lSa3
for the first time attained to u billion of
dollars, they were of the value of 81 ,030,-
1890 by the sum of $l72, 4i9,3i6. They cN-
ceeded the average annual value OF exports
for the ten years prior to 1891 by tho sum of
S265, li2, 500.
Fourth. Increase In exports OF cotton In
1879 over 1890 OF 81 ,4o2, iI9 increase of lSO2
over average annual exports Of cotton for
ten years prior 10 1891 $50, 772,9i2,
Fifth. The exports of breadstuifs OF 1899
exceeded the value of the same exports In
1890 by the sum Of IA 49,, 100, and exceeded
a..
prior TO 1891 by the sum of $l8l ,206224.
Sixth. The value OF the exports of provis-
ions In 1892 exceeded the value of like ex-
ports in in 1890 81 ,o97 ,653, and the average
annual value for 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 ex-
ports during 1900 by the sum of 81 2ll ,03l
and exceed the average annual value of tho
same exports for the ten years prior TO 1891
by the sum Of So, 2S30Tl
Eighth. The combined value OF exports of
cotton, breadstuffs, provisions, cattle, sheep
and hogs, all classcd as agricultural pro-
duets of 1892 exceeded the exports Of 1900
by the sum of Sl59, 23S, 1923, and exceeded the
average annual value Of the ten years men
toned by the sum Of $2l5, 035, $50.
Ninth. Tie exports Of Nil other products
in 1899 exceeded those of 1890 by the
sum of 81 ,lo0,S6o, and exceeded the
average annual value OF such exports for
the ten years prior TO 1891 by the sum Of
Si9, 400, 063.
Tenth. The exports OF manufactures In
1892 were IS, 1884 1857 In excess Of like exports
In 1890, and s39, 600, 20i In excess OF the an
nual average value OF the ten years prior TO
1891.
Eleventh. The value Of our imports In
1892 exceeded the value of the same In 1890
by the sum of $3S. 00l 1874, and the average
annual value OF the ten years prior TO 1891
by the sum Of slS5, 2ib,052.
Twelfth. The value OF free imports In 1892
exceeded the value OF like imports In 1890
by the sum Of si02, 83o, l43, and decrease of
dutiable imports of Sl5d, 240,079.
Thirteenth. The value of free imports az
also the per centage of the same In 1899
were the largest In the history Of our COM
merce, so that free trade Is frcer than ever
before, and largely OF such articles as are
not produced In this country, and which
enter into the daily consumption Of the pco-
pie.
Of the population In 1899 was 81. 81, less than
for any year since 1859. In 1890 u was
S..
Fifteenth. A decrease In the Imports of
the manufactures of wool of SCI ,Gi6 $50; of
Sl3,255,61S In imports Of manufactures Of
iron and steel; and manufactures Of silk
| of 81, 513,4S0. Manufactures of FAX, hemp,
etc, ~, 1886, o62; manufactures Of cotton, ST.
b94, $3.50; tobacco, 81, 176, Ala total decrease
| of S46,692,454. Thus giving increased EN-
| ployment TO those engaged In these manu-
| features In this country and retaining many
| millions of dollars at home,
Sixteenth. The importations Of horses,
| sheep, cattle, barley oats, oatmeal, rye,
| eggs, vegetables, hops, haxseed and tobacco
| during the year 1899 were $40 y01 ,495 less
| than In 1890, and that much more homo
market given TO our farmers.
| Seventeenth The value of our exports Of
| domestic and foreign merchandise exceeded
| the value OF the imports In 1899 by the large
sum OF S202 ,S76,457
Eighteenth. The reciprocity clause Of the
new tariff act has opened up new foreign
markets and our exports to the countries
| which reciprocity relations have been es-
| tablished have increased In value 02S6,-
ISL.
Nineteenth. Established industries have
been stimulated and new industries started
that are giving employment to hundreds Of
| thousands of men, SO that great prosperity
| exists in nearly all lines of trade, willie In
| nearly all other countries there Is more or
| less depression.
Twentieth. A decline in prices of the
necessities of life OF 34 per cent In May,
| 1892, as compared with that period prior to
the adoption Of the new tariff act Of 1890.
Twenty-first. Advance In wages of u of
| one per cent.
Twenty-second. Prices for farm products
have increased since the passage of the
tariff act Of 1890, 1857 per cent.
| These last three items / have already al
| luded to in commenting ON the Aldrich re-
| port.
tbs ALL VERY GRATIFYING.
This summary is a gratifying exhibit Of
| the situation of our country to-day and,
| although the great increase In exports OF
| agricultural products cannot be attributed
| wholly to the revision of the tariff, much of
| IL can be traced directly TO the reciprocity
clause and TO the prompt and efficient exc
| cution of the clause by the administration
| of President Harrison
These tests, taken together, show a most
| remarkable condition of growth ana do
velopement in the last two years, as COM
| pared with 1890.
II, because Of the tariff revision of that
| year, IL is shown to be a beneficial measure:
| IL from other causes il shows that no evil
| effects have resulted from its passage, do
not hesitate to say that in my belief this
revision has largely contributed to the
| result
1t is within the observation and expert
| ence of all of us, that labor was never more
| constantly employed, nor at better wages,
| and in nearly every section of our country
there is condition Of prosperity most
| gratifying.
Because of the low price of cotton In some
| of the Southern states, there has been COM
plant in those states of hard times but this
| Is exceptional and there, as elsewhere, the
| cost of living has diminished.
In the presence of these facts how absurd
seems the declaration in the Democratic
| platform that the revision of 1890, commonly
known as the Mckinley bill, lis the culmin-
ating atrocity of class legislation"
THE TARIFF AND THE LABOR TROUBLES.
II Is equally absurd to attribute the re-
| cent labor troubles to the tariff The only
strike of magnitude having any possible re-
| lation to the tariff, Is the one at Home ad,
| Pa. But for protection there would be NO