Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1892-09-14
A STATESMAN'S VIEW
OF WHAT THE M'KlNLEy LAW HAS
DONE ron US.
New Markets Opened. Prices Advanced.
r"sinc.s Quick-n-s = rh. rarn,.r. tho
stnnufactur.r aud thu workman Hence
ts.l
lspcclni corr,spon,icncc.l


Foster. of the treasury department,
found pleasant surprise awaiting him
when he returned from Ohio. The chief
OF the bureau of statistics. although tho
weather has been very hot. had been
rattling around among his figures while
Secretary Foster wns away. and wns
able 10 give hiAi s,lnc interesting i'm
formation about the effects OF the Nc
kinlcy tariff which cvon surpassed tho
expectations which Secretary Foster had
formed as to the wonderful success of
that measure and the remarkable pros
pcrity OF the country under 1t.
1t Is n wonderful showing" said Mr..
Foster reilectivcly, as hc leaned back In
his Office chair nnd looked ngain nt tho
totals aud comparisons which Mr.. Brock
had laid before him. II wonder what
tho tariff rcformors can cay 10 this. Il
Is worth more than volumes OF assor-
tions bnsrd ON theories. II shows that
the last ronl;ross. when IL revised the
tariff. did it's work intclligcntly."
What years are taken for purposes
OF comparisony' asked tho correspond
ent.
"Thc fiscal years ended Juno 30. 1890.
and June 30. 1892. During tho entire
year ended Juno 30. 1890, the tariff of
1888 was In operation. and during tho
entire year ended June 30. 1892, tho
tariff of 1890 was operative"
'Can you give me n summary Of tho
results OF the comparisonr'
"Yes. horo IL In.
REVENUE INCREASED.
"First-Thc revenue has been in-
creased $5i ,8DT,oJ0
"Second--There has boon an incroaso
In the total value OF our foreign com
mercc of s2i0 0,540.5i0, M compared with
1890, and an increase OF Sl0O. 1857 ,3s4
over the annual average OF the ton years
prior to 1891.
INCREASED ExPoRTs
"Third-In 1902 the exports for the
first time in our history exceeded a bill
lion dollars. being 81. .630, ,27s .O3O, which
was Sl72,4iD,3i0 more than ia 1890, and
S205, lac .laI in excess OF tho average an-
nual value Of exports for ten years prior
20 1891.
"Fourth-The increase In exports OF
cotton over 1890 was 81 .ig2, ,i40, and &36,. :.
772,0i2 over the annual average for ten
years.
"Fifth-The exports OF hrcadstuffs Of
1892 exceeded tho value OF the same ex-
ports in 1890 by the sum Of $i44, ,a37. 100.
and exceeded the average annual value
for the ten years prior 10 1901 by tho
sum OF $l3l .206,22
"Sixth-The value OF the exports OF
provisions In 1892 exceeded the value Of
like exports in 1890 81 .0g7 1853, and tho
average annual value for the ten years
prior TO 1891 by the sum Of SEA, ,7c8, ,432.
''Sevcnth--The exports OF cattle, sheep
md hogs in 1892 exceeded the value OF
like imports during 1890 by tho sum of
1921 ,O3i. and exceeded the average an
nual value Of the same exports for the
ten years prior 10 1901 by tho sum of
geo 0,2S3.07i.
GOOD FOR TIE FARaRRs.
"Eighth-The combined vluo OF ex-
ports OF cotton, breadstuffs, provisions,
cattle, sheep and hogs, all classcd as
agricultural products, OF 1892 exceeded
these exports Of 1890 by tho sum OF $3.50,
23S, ,323, and exceeded tho average an
nual value Of the ten years mentioned
by the sum OF $215 ,9e5, 800.
"Ninth--The exports OF all other
products in 1892 exceeded those of 1850
by the sum Of sl1 100 800, and exceeded
the average annual value Of such ex-
ports for the ten years prior 10 1901 by
the sum Of so ,420. .063.
"Tenth-The exports Of manufactures
In 1892 were ~, ,384 ,357 In excess Of light
exports in 1890 and $50, ,0Oo ,201 in excess
OF the annual average value Of the ten
years prior 10 1891.
BALANCE or TRADE FAvOnABI.g.
"Eleventh-The value Of our imports
in 1899 exceeded the value Of the same
In 1890 by the sum Of f36, ,O91 .16f and
the average annual value Of the ten
years prior TO 1891 by the sum Of $780,
215,052.
"Twelfth--The value Of free inports
In 1892 exceeded the value Of like Inn
ports In 1890 by the sum Of t102. .332. .143,
and there was decrease Of dutiable i'm.
ports amounting 20 <i54, ,24O.979.
INcREAsKD FREK LIST.
"Thirteeuth-Tbs value Of the free
imports and also the percentage ef tho
same In 1892 were the largest in the his
tory Of our commerce., 20 that trade Il
freer than ever before, and largely OF
such articles as are not produced in this
country and which enter into the daily
consumption Of tho people.
REDUCED TAxEs.
"Fourteenth-Ths duty collected Der
capita Of the population Ia 1892 was g. 81.
which was lees than for any year since
1863 aud g5Jf cents less than the annual
average for the ten years mentioned.
"Fiftecnth-Thero was a decrease ia
the imports Of the manufactures OF wool
OF eel ,Oie, $50, Of tI3 ,255 ,Gi8 in imports
OF manufactures Of iron aud steel: in
manufactures Of silk Of f7,5f3. .48O; In
manufactures Of fax and hemp, etc,
f2,i36,062; IA manufactures Of cotton.
H,59f $50; In tobacco, 81, ,f7041i-a total
decrease Of tl6, ,602 .g5l, thus giving in-
creased employment 10 persons engaged
In these manufactures in this county
and retaining many millions q dollars
AZ home.
ThE FARMERs' yCREAsED HOME MARKErB.
"Sixteeuth--By virtue Of The new tar
III the iroportatious Of horges. sheep, cat
tie, barley, oats oatmeal, rye, eggB,
vegetables, hope. 1axsosd and tobacco
during the wear 1900 xvore sDo Gff xQs