The state herald., 1892-12-16
PRESIDENTS MESSAGE.
INFORMATION FOR CONGRESS


Below we present the most important parts
OF President Harrison annual message to Con-
gress
To the Senate and House Of ..enrcsenta.
tlves In submitting my annual message to
congress l have great satisfaction In being
able 10 say that the general conditions af-
fccting the commercial and industrial in-
tcrests of the United States are In the
highest degree favorable. A comparison Of
the existing conditions with those of the
most favored period In the history OF the
country will, believe, show that No high II
degree of prosperity aid so general Il anu.
sion Of tho comforts Of life were never
before enjoyed by our people.
The total wealth Of the country In 1890
was sl6.l59. G16.OGS. In 1890 It amounted
to 500. $40. 100000, an increase of 2SI per
cent.
The total mileage of railways In the Uni
ted States In 1850 was 30.G2G; In 1890 1t
was 1914. an increase Of 4IS per cent;
aud 1t Is estimated that there Will be about
1000 miles OF track added by the close OF
the year 1882 Tie official returns OF the
eleventh census and those of the tenth cen
sus for rs leading cities furnished the basis
for the following coinpnrisonsi
In 1850 tile capital invested IN innnufar,
turing was 81 DO. s3o.670. In 1900 the cap
ltal invested In manufacturing was ST.
800. 735ss4. In 1850 the number OF EN-
poyes was 1901 .3SS. In 1880 the number
wages earned was S50l, 0G5.7Ts. In 1880 the
wages earned was SI,22i, 1I0,i54. In 1880
the value Of the product was S2,Il1 80 800.
In 1880 the value OF the product was S4,-
$50. $50 S37.
INCREASE IN MANUFACTURES,
am informed by the superintendent Of
the censuS'"st the omissloif Of certain III
dnstrles In 1850. which were included IN
$500. accounts IN part for the remarkable
Increase thus shown. hut after making full
allowances for differences OF method and
reducing the returns for all Industries not
included In the census OF 1850. there remain
In the reports from these 10 cities nm In
crease In the capital employed OF sla22,
Ii5.G0i. In the value of the product 0f
50 O2I ,23G 100. In wages earned OF SGIi,-
ot3.120, and In the number OF wnge-earners
employed OF $4,000. The wage-cnrnlngs
not only show an Increased aggregate. but
an increase per capita from $3.50 In 1850
To s5iI In 1870. or ALI per cent.
The new industrial plants established since
Oct. q. 1890, and up to Oct. - 1892, as
partially reported In the American Econo.
mist. number 8t5. and the extension u, cs.
isting plants los; the new capital Invested
amounts to si0,ii9,0'o and the number OF
additional employees TO 3T.2sj.
The Textile World for July, 1892,
states that during the first six months Of
the present calendar year l35 new factories
were built, of which 40 are cotton mills,
Is knitting mills, ~ wooilen mills Is sill,
mills. plush mills and = linen mills. OF the
10 cotton mills II have been built In the
southern states. n. II. Shcppcrson of the
New York cotton exchange estimates the
number of working splndles In the United
states On Sept. /. 1892. at H..
.cJO. an increase of 10000 over
the year 1891. The consumption OF
cotton by American mills In 1891 was -
$4,000 bales, and In 1892, 2,5si,Oo0 bales,
an Increase OF lss.vyO bales. From the year
1853 10 1872 inclusive there has been an
Increase IN the consumption OF cotton In
Europe OF NJ per cent. while during the
same period the increase OF consumption In
the United States has been about 100 per