Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1892-12-09
HARRISON LAST
The Presidents Message Very
Comprehensive.
Every Department Of the Govern
ment Reviewed.
Blessings Of the Nation Enume-
rated at Great Length.
This Country Is Happy and Prosperous,
Wages Are High Living Is Cheap.
and II You Don't Believe II
Co to Europe.

70 10 Europe.
WAsHlNGToN Dec. 6.-President Harri-
son message reads as follows:
To the Senate and House of Representa-
tivcs: In submitting my annual message
to congress have great satisfaction in
being BILE to say that the general condi.
tion> affecting the commercial and indus
trial interests of the United States are in
the highest degree favorable. A compar-
ison Of the existing conditions with those
of the most favored period in the history of
tn" country will Il believe, show that such
II degree of prosperity and SO general "a
diffusion of the comforts of life were never
before enjoyed by our people. The total
wealth Of the country in 1850 was SIC, l59
6lG,04S In 1890 it amounted to So, $40. .00J
600, an increase of PSI per cent The to-
tai mileage of railways in the United
States in 1850 was 3O,626; in 1890 it was
l67, al, an increase of AS per cent: and
II is estimated that there will be about
1000 miles OF track added by the close
of the year 1892, The official returns of
the eleventh census and of the tenth cen
sus for seventy-hve leading cities fur
nished the basis for the following compar-
isons
Interesting Comparisons.
In 1850, the capital invested in manufac-
turing was 81 ,232, s39.61O. In 1890 the capi-
tai invested in manufacturing was 300
73J, ,SS4. In 1850 the number of employees
was l3l ,3sS, in 1890 the number of en- ploycs
was 2,21l ,l34. In 1880 the wages earned
were 1901 9i5, rs. In 1890 the wages earned
were 81. .22l. 40, 454 In 1889 the value of
the product was Sail ,519,9 In 1890 the
value of the products was 81, S6O, 2S6, ,s31.
am informed by the superintendent of the
census that the omission of certain indus
tries in 1850 which We're included in 1890
accounts in part for the rcmarka bic in
crease thus shown. But after making
full allowances for differences of method
and deducting the returns for all indus
tries not included in the census of 1850
there remain in the reports from these
seventy-hye cities an increase in the
capital employed of Sl,522 ~ GOA in the
value of the product of - ,O24 1876. 166. in
wages earned of S61,, 9t3,9!9 and in the
number Of wage carncrS employed of S5t,
039 The wage earnings not only show an
increased aggregate, but an increased per
capita from S}Sf in 1850 to S.j4s in 1890, or
Al n per cent, The new industrial plants
established since October 8. 1890, and up
to October %, 1892. as partially reported
in the American Economist, number 345
and the extension of existing plants. los.
The new capital invested amounts to $40
40 050 and the number of additional EN-
ployes to 81, ,275. The Textile World for
July, 1892. states that during the first six
new factories were built, of which forty
are cotton mills, forty eight knitting mills,
.wenty-siX wooden mills, fifteen silk mills
forty plush mills and two linen mills OF
the forty cotton mills, tweuty~one have
been built in the southern states. 4 H
Shephcrdson, OF the Ne" York tottnn
exchan nge, estimates the number of work
ing spindles in the United States on Sep
tenn Der /. 1892. at Isl 900 900, an increase of
$50, 600 over the year 1891. The consumption
of cotton by American mills in 1891 was
= ,39S 900 bales and in is92, 2."si $50 bales.
an increase of lSS,Oo0 bales From the
wear 1869 to 1892. inclusive, there has been
an increase in the consumption Of cotton
ia Europe of 81 per cent, while during the
same period the increase of consumption
in the United States mas been about 80
per cent The report of Ira Aver, special
agent OF the treasury department, shows
at date. September 30 1892 there were
thirty two companies manufacturing tin
aud tin plate in the United States and
fourteen companies building new works
for such manufacture. The amount in
vested in buildings and plants at the close
OF the fiscal wear June 30, 1s!t.. if estimated
were to be continued. is 5000,
600 and tie estimated rate of production
200 900 900 pnonds per annuia. The actual
for the quarter ending Septeni-
Der 80. 1892. was 1925, Pa pounds. The re
port Of Labor Commissioner Peck. Of New
York shows that during the year 1891
in about 5000 manufacturing cstab-
lislments in that state en-
braced within the special inquiry
made by him and representing sixty seven
different industries there wasa net in
crease over the year 1880 of H3l BIB. .lW,Gs
in the value of the proanct and Of S6,H1.-
g..5 90 in the amount of wages paid. The
report of the commission Of abpr for the
state of Massachusetts show that af5 in
obstetrics in that state paid $lao ,4lt,sls IN
wa gcs during the year 1891 against Sl26,-
U,D, ,3ts3 in 1880, an increase OF ss',335.9a5 and
that there was an increase of s,,B2, 100 In
{ he amount of capital and of 1.346 in the
number of persons employed in the same
period During the last six months of
the year 1891 and the first six months of
1892, the total production of pig iron was
.. 10, $40 tons as against A2Oa, lob tons in
the year 1890, xbich was the largcs,
annual production eyer obtained. For
the same II months of ls3 .9o the produc-
ton Of bessemer ingots was 3,,is. ISL tons,
an increase of 1881. 10 gross tops
over the previously unprecedented yearly
production Of 3, 6SS. 81 gross tons in 1900
The production of bessemer steel rails for
the first six months of ls9. was 152.43G
gross tons as against sU20s0 gross tons
during the last six months of the year of
1891 The total value OF our foreign trade
(exports and manufaetureSj during the
last fiscal year was 81 $50. .6lU. aR in
crease of Si26, .63. .tzH over the previous fis-
cal year. The average annual value of
Of our imports and exports 9f merchan-
disc for the ten fiscal years prior to 1891
was 81, as; ,s22?2 0l9. II will be observed that
our foreign trade for 1892 exceeded this
annual average value by 800. 35s ,39l. an !
increase of 27.41 per ceht The signiti- |
cancc and value of this incsease are
shown by the feet that the excess In the