Southwest-sentinel. [volume] (Silver City, N.M.) 1883-189?, 1892-12-20
FAREWELL ADDRESS.
HARRlSoN'S LAST MESSAGE TO
THE 62ND CONGRESS.

He Says So High Degree Of Prosperity
and SO General III uslon OF tho Come
forts OF Life We're ,ver Before In.
Jnyed by Our People.
WASHINGTON, Dec. 6.-President Har-
fison's message rea as fol.
lows: To the senate and house
of representatives In submitting
my annual message TO congress l have
great satisfaction in bcing able 10 say
that the general conditions aft, citing the
commercial and industrial interests OF
the United States are in tue highest de-
gree favorable. A comparison Of the ex-
istiug conditions with those Of the most
favored period in tho history Of the
country, believe, show that so high a
degree Of prosperity AMI so general a
diffusion Of the comforts OF life wore
never before eajayed by our people
The total wealth cf the country IN 1850
was SIG 139 GIG ,OG3. IL 1880 II amounted
TO co., SIC, 0OO, 600, an increase Of 2S7 PEI
cent.
The total mileage Of railways in the
United states ia 1867 vas 30 .62O
in 1890 it was 1914, an IN.
crease Of 44S ptr cent, and
II is estimated tlat there will be about
1000 miles Of track added by the close O
tho year 1892. The official returns o
the tenth ccusus for seventy-fve leading
cities fu nj he'd the basis for the follow
ing comparisons: In 1880 the capital in
vested IN maruf ,ctuliu.g was 81 ,239, $50,
$40. In 1880 the capital invested II
manufacturing WAS $1,000 YJ0 SS4 II
1880 tie number If emp Dyes waS l,3Jl,
BS8. IN 1870 tie uuhuer Of omp oyoi
was 2.25i. l94. In 1880 the wages earpe
was S53l y65 71S. In 1890 tle wages
earned was 81 ,22l, ,170, ,454. II 1890 th'
value Of the pIoIuct WIS s., ,jl3,099
In 1880 tho value of the product Wa
S4,S60, ,266, Z37. l am Informed by tn
tupelintendent # The Genus that th'
omission oi rtnin industrt IN 1880
which were included in 1890, accounts
/ in palt for tie remarkable Incl eas
shown. But after making full allow
ances for difference OF methud and de
ducting tire returns for all iudu -triei
not inc uded in the census of 1850 IN r
remains IN the reports from these g v
enty-hye cities an lucre lFe in the capita
I NAAhiAhN ca VI ~ tV=-f $50 WIZ t4i tAH hNAN
OF the product ui s.. .O4 230, l06, in tn,
wag s earned Of S677, ,9i3,929 and in tn
number OF wage tarners employed G.
| CSC, ,029. The W. ge earnings not onl'
| show an increased az grpgate, but an in
| crease por capitl nom 1886 in 1880 L
! t547 in 1890. or Al. 20 per cent increase
The new Industrial plants esta 5lishe'
/ since Oct. g. 1890, aud up t. Der. -
1899, as pai tady reported IN the Ameri
| can EconOm st, number 315 and the eX
tension Of exisung plants ltS; the ney
/ capital invested amounts 20 $40, ,f49 ,O5l
and the number OF additional employee
to 81 295.
The ",Nextile World" for January
1892, stats that during the first 81,
months Of the present calendar year l3
new factories were built. OF which A
are cotton mills, 48 knitting mills, :
woolen mi l., Is silk Hills. plush mill
and linen mills; of the 40 cotton mil
81 have been buill IL the southern states
A. B. Sheppsrson of the New York COZ
ton exchansa es imates the number O
working spindles Ia use on Sept. =, 1S0s
at 10, 200, 800, an increase Of 100000 owe
the year 1891. The consumption Of cot
ton by American mills 10 1891 was ., ,806
OO0 bales, and In 1892, 1854, 600 balls
an ircrelte Of lss.0I0 bales; from th
year 1860 10 1892 inc.usive there ha
been an increase IN the consumption O
cotton in Europe Of 90 per cent.. Will
during the same period, The increase q
consumption IA the United States ha
been about 10 per cent.
The report Of Iva Aver, special agent Z
the treasury department, shows that q
date OF Sept. &c. 1892, there were thirty
two companiss manufacturing tin an
turn plate In tho United States aud foul
tren companies tuilding new works Il
I sgch manufacture. The estimated inves
ment In buildings aud plants at the clos
Of the fiscal year June 30 1898, Il exi-
Il & conditions were 10 be continued va
&5,O00,U00. and The esrimltpd rate @
production 2,OQO.O00 pounds Ter a
mum. The actual prodnction for III
quarter ending sept 80, 1899. was 10
a52.725 pounds. The report. Of LabS