Huntsville gazette., 1892-12-10
PRESIDENTS MESSAGE.
President Harrison's Last Com
munication to Congress.
. comprehensive Document Presenting
the Economic Questions Now Be-
fore the Country in Con-
else Form.
WASHINGTON, Dec. 6.-President Har-
-:eor,s message reads as follows:

lsIn submitting my annual message to
congress have great satisfaction in being able
esv that the general conditions affecting the
nmarcal and industrial interests of the
Ifnited States are in the highest degree favor
ohia 4 comparison of the existing conditions
With those Of the most favored period in the
49, n the country will, believe show that
- bioh degree of prosperity and 80 general
s?4nsion Of the comforts of life were never be-
fore enjoyed by our people
THE CoUNTRY's WEALTH.
Tho total wealth of the country in 1867 was
Ga Ia O5s In 1890 it amounted to 52,6l0
Sn0N0 an increase of 2S7 per cent.
RAILWAY MILEAGE.
rba total mileage of railways in the United
c+ates in 1867 wss 80 626 in 1890 it was 1877 IA,
on increase of AS per cent. and it is estimated
th,t there viii be about 4,000 miles OF track
s3dad b7 the close of the year 1892.
INDUSTRIAL STATISTICS.
The official returns of the eleventh census
and those of the tenth census for seventy five
Iod;ng cities furnish the basis for the follow
M h ls20 the capital invested in manufacturing
ros 81 g52 So $40
1nIst1 tha capital invested in manufacturing
was as3gAT5 Ssh
n lSS0 He number OF employees was ,3)l 1888.
In 1897 the number of employees was 2,25l, l3i.
In 1850 the wages earned were S5ol 965, T73.
In 1897 The wages earned were s.. .22i. 40. 45t
In 1850 the value Of the product was 81, ILL.,
s79e2a
In 1900 the value Of the product was 81, ,s6o
2s6s31
IAN informed by the superintendent OF the
census that the omission of certain industries
ID 1881 which were included in 1899 accounts in
part for the remarkable increase thus shown.
But after making full allowances for differ
ences Of method and deaucting the returns for
al industries not included in the census of 1880,
there remain in the reports from those seven
ty-fye cities an increase IN the capital
employed of 81. 522 i45 .e4; in the .. value
Of tho product sci 81 "a S5 90 3 ief TIN IN
number of wage carners employed of S56,029.
The wage earnings not only show an increased
aggregate but IN increased Per capita from
1853 In 1880 to S5i7 in 1892 or Al. II per cent.
The new industrial plants established since
October 6, 1890, and up to October %. 1892, as
partially reported in the American Economist,
number 3i5, and the extension of existing
plsnts l03 the new capital invested amounts to
S4N6.9059, and the number Of additional en-
poyes to 35.2S5.
OUR FOREIGN TRADE
The total value of our foreign trade fexports
and manufactures) during the last fiscal year
Wa 81 s5T $50 $40. an increase of Sl23 EOS 6OI
ever the previous fiscal year. The average an
chandise for the ten fiscal years prior to 1891
was ST. f51&209 1t will be observed that our
foreign trade for 1892 exceeded this annual av-
erags value Y S4G0 35S 39l, an increase of 81 AZ
Der cent The significance ami value Of this in
crease are shown by the fact that the excess in
the trade Of 1892 1891 was wholly in the
value Of exports, for there was decrease in the
value Of exports or Sl7,6l376i. The value OF
our exports during the fiscal year 1892
reached the highest figure in the
history of tAe government, amounting to
sl,G0Z78,l48 exceeding by Sl45,7 ,33S the ex
ports Of 1891, End exceeding the value of the
imports By S3i2S75,GS6 comparison OF the
value Of our exports for 1892 with the annual
average for ths ten years prior to 1891 shows
an excess OF 500 i2,67l or of "a. IS per cent
The value of cur imports OF merchandise for
1892, which was $50 A. 1862 also exceeded the
a93u s avoTags c a y3as of tn ten years prior to
yesr 1892, the value OF imports free of
duty amounted TO S457, ,999 S5S. the largest
aggregate in the history OF our commerce.
The value of the imports OF merchandise en-
tered free of duty in 1892 was 81 35 per cent OF
the total value Of the imports, as compared
Win 1853 per cent in 1891 and 50 81 per cent. in
coAsTWisE TRADE AND INTERNAL COMMERCE.
In our cOastwiSe trade q most encouraging
Development IS i'll progress, there having been
n the last four years an increase of 16 per cent
10 internal commercs the statistics show that
no such period of prosperity has ever before
existed. TEE freight carried iu the coastwise
295,gj0 tons
On the Mississippi. Missouri and Ohio rivers
ana tributaries, in the same year the traffic ag-
eregated ~, 0i496 tons. and the total vessel
tonnage passing through the Detroit river dur
ing that year was q l02l,000 tons. The vessel
tonnage entered ard cleared in the foreign
trade OF London during 1880 amounted to 13-
20. tons and Of Liverpool 10,94l200 TONS a
io5ai e Tor these two great shipping points of 2i
OI
tonnage passing through the Detroit river. And
should lie said that the season for the Detroit
TTiver was but 225 days, whils, of course, in
antiro Iyion ana Liverpool the season was for the
thtlFe year The vessel tonnage passing
!Inrough the st, Mary's canal for the fiscal year
!o9- amounted to 9,S2S,S74 tons, and the freight
tI1nhage OF the Detroit river is estimated for
!uat year at 25,000,00) TONS against 23. 200, ,6l0
.ohs N 1871. The aggregate traffic on rail-
!oals LOT the year 1891 amounted to 70t S95, 6 %
10 ions i3oa 9f freight compared with 601,34 437 tons
IN lo'o' an increase Of l3.054, ,ll2 tons.
ANOTHER INDICATION OF PROSPERITY.
Another indication Of the general prosperity
U,l :, tle country is found in the fact that the
lumber OF deposItoIs in savings banks in
u reasel from 693,S!0 in 1859 to 4.25S 1858 in 1890,
dnrdea Do cIease OF 5l3 per cent, and the amount of
sepoSlts from Sl4a2i7,50i in 1850 to 81, ,52f S44
~ ~ ID loso an increase of 92I per cent. An 1891
va alon9t y ea5 ~, o. deposits in savings tanks
% o. mrz8 n.r 'O's,ag o,e 1t is estimated as & that
~ represent thu savings Of wage
rs. rsrneTs. The bank Of clearances for nine
10 ngIns i o,o ending September so, 1891 amounted
for ffoey amounted to si5,lss,6Ol s47. an excess
''' TIE hlne months of 81. .159 I'll ,l39.
WORK AND WAGES
hhnere never has been time in our history
w mn work was SO abundant or when wages
reno, as hlga whether measured by the cur
tHCy IN winch they are paid or by their power
T. supply the recessaries and comforts Of life
sn Az = irue that the market prices of cotton
~ wheat have been low. 1t is one of the
favorable incidents of agriculture that the
.o o+iler can not produce upon orders He must
~ NJ" ara reap in ignorance of the aggregate
isct tcuon OF the year, and is peculiarly sub
- 10 the depreciation which follows over
ins'ttrucuon But while the fact have stated
garaai ue as 10 the crops | have mentioned. the
fo ;aI 90; average of prices has been such as
in SlVe 70 agriculture a fair participation
,otai general prosperity. The value of our
sts III I'm I'm products mas Increased from 81 363-
hoV0 IN 1860 to 81, 800 600 in 1891 as estimated
stlclans, IN increase OF 231 per cent
TX number OF hogs January !, 1891, was 5O,625,-
is95 anu M thelr value $40 l93 925; on January l.
S9I az t1e number was 52.39S 0l9, and the value
c7ttTa cttttT,o1 lIo On January ], 1891 the number of
IN '1s was ID, ,H1554S. and the vaus S544 lo7 sos:
snd otILnuary !, 1892 the number was 81 65l 2D.
II m tls value $50, 1875
If sr-y ny are discontsnted with their state here
trrnSS pstneve that the wages or pr:css, the re-
shorIs lor nonest toll are Inadequate, they
ofbo- IoV Isll to remember that there is no
ton. +tIouA'ry IN the world where the condi-
centss suat seam to them karl would not be ac-
aerfcrI+as as nigh!y prosperous. The English
tHrns tuLiSt would be glad to exchange the re-
fsr,assoi VI MS labor for those of the Americon
wat.ns ald the Manchester workmen their
S-s ACT those OF thsir fellows at Fall River
-, THE PROTECTIVE SYSTEM.
pas oSt-ieYe t-Y that the protective systsm. which
vssisss2 s2s something Ike thirty yasra has pre-.
siy9's " esF legislation, hss haen A mighty in.