The state chronicle. [volume] (Raleigh, N.C.) 1891-1893, 1892-12-07
BENNY bLUNDERS
IN III IS LA ST NUAL
NJ SSAG E.
VERY LENGTHY DOCUMENT
In which he Continues Preaching the
Same Policies for Which the PeO-
pie NePudiated Him at the Last
ElectIon--- Leaves the Tariff
for the Democrats.

To the Senate and House Of Representa-
tires.
In submitting my annual message to
congress l have great satisfaction in
being able to say that the general con-
ditions affecting the commercial and in
dustrial interests Of the United States are
in the greatest degree favorable. A com
parison of the existing conditions with
those Of the most favored precedent in
the history of the country will, 1 believe,
show that so high degree of prosperity
and so general a difference Of the com
forts of life were never before enjoyed
by our people.
A Statistical Comparison.
The total wealth Of the country in
1860 was SIC, 159, 6l6, O6S; in 1890 it
amounted to $62, ,6l0, 500, 900, an in
crease 297 per cent. The total mileage
of railways in the United States in 1860
was 80, 626; in 1890 it was 1877, TAI, an
increase of 44S per cent and it is esti-
! mated that there will be about four thou
sand miles of track added by the close of
the wear 1892 The offici al returns of
the eleventh census and those of the
tenth census for seventy five leading
cities furnish the basis for the followin g
comparisons:
In 1880 the capital invested in manu-
featuring was 81 ,232, S39, go; in 1890
sd faf. .%,,r5
was s2, 900, 735,SS4. In 1880 the mum
Der of employees was 1901, 1888; IN 1890
the number of employees was 2,251, 134
! In 1890 the wages earned were S501,
965 77S; in 1890 the wages earned were
, S1,221,17O, asa. In 1880 the value OF
the product was 50, III, ,597, s97; in 1890
The value of the product was S4,S6O,
2s6. s37.
am informed by the superintendent
of the census that the omission OF certain
industries in 1880 which were included
in 1890, accounts in part for the remark
I able increase thus shown But, afte
q making iuil allowance for the ditferenc
:. of method and deducting the returns TO
3 all industries not included In the censu
u of 1880. there remain In the report
from these seventy five cities an increas
in the capital employed OF 81, 522, 100, 6O4
e. In the value of the product Of $2,O24
N 2S6. 1856: in wages earned of S677, 943, ~
and in the number of wage earners en-
n ployed of S56. O29. The wage earning
20 not only show an increased aggregat
IN but an increase per capita from 1886
% 1889 to S547 in 1890 or An per cen
ms The new industrial plants establlsht
ck since October 6, 1890, and up to Octob
%, 1892, as partially reported N Il
: American Economist, number 345 al
the extension Of existing plants 1C
The new capital invested amounts
,rd $40 449, 050 and the number OF ado
43, tiOual employees 20 37,2S5.
.kt TheTeXtiIe World for July, 1892, sta
ipr ia that during the first six months of
tie present calendar year 135 new factor
zee, were built, Of which forty are colt
'es, mills, forty eight knitting mills, twen'
1o,i o. SIX woolen mills, fifteen silk mills. fC
Jrt plush mills and two linen mills. OF
in forty cotton mills, twenty one have OF
OF built in the southern states.
a sal, NJ MIR. A. B. Shepperson, of the n
York cotton exchange, estimates
number of working spindles in the Uni
e. States on september /, 1892, at Is, 2C
UUh, dn luCIedSS III OUO,OOO oNNA VIZ J
OF 1891. The consumption of cotton
a1o 10 American mills in 1891 was 1896,
DO . 10 bales and in 1892 254 900 bales, an
ny, crease of 1873, Geo bales From the year
S93. to 1892, inclusive, there has been an
! oi crease in the consumption OF cottoi
nh Europe of 90 per cent, while during
the same tine the increased consumption
the the United States has been about 5U
on cent.
!, on The report of Ira Aver, special ae
the of the treasury department, shows tna
the date of September 80, 1892, II
y were thirty two companies manuiactu
- tin plate IN the United States and i
ATE teen companies building new works
such manufacture The estimated
.aaGi .and- yestmeut in buildings and plats at
stra- close OF the fiscal year, June 30, lo9'
MAJ existing conditions were 70 be conth
will with $1,000, 600 and the estimate "a
9uTe 2aS production 900, 600, 600 pounds Pc
and num- the actual production tor the
own ter ending September 30, 1892,
ds or 10, 952 725 pounds.
n The report of Labor Commissl
rnr,, Peck, Of New York, shows that dt
half the year 1891 in about q, OOO man
Mt in turing establishments in tlat state
braced within the special inquiry
! : by him and representing sixty sever
ferent industries there was ne' inc
over the year 1890 of $31, 315 1870
The value of the product and of st,
# 50 925. 90 on the amount of wages PAID
"a at The report Of the commission
20, labor for the state of Massach'
~ Ja~;or shows that 3. 745 industries In the
Sac
: 10TH paid Sl29, 10, 24o IN WAVES w. Al
C au = wear 1891 against Sl26. OoU, CUo III
vance and increase of S., 335, 945, ana that
FICE was an ii0i0 oAe
Je, nX aulouut "a o"Pi'"' a =,
eIty of number of persons employed IN the
e ana period.
i SUP During the last six months OF tn
news. 1891 and the first six months OF
the total production of pig lrol
hasing s.7lO, $40 tons, as against 9,2O2, 1O
or tne Ia the year 1890, which was the
80 IS"h the annual production ever attained
the same twelve months of 1891
balance production Of bessemer lngot
1T per 3 S69. .581 tons, an increase OF
rity. gross tons over the previously ur
n q depted yearly production of ST.
tds GROSS tons in 1890 Tee produc
bessemer steel rails for the first six
en- of 1892 was 772, ,436 gross tons as
7O2 $50 gross tons during the
months of the year 1891.
al Ink. The total value OF our loreiS
.fdi end (exnort and imports of merch
ses ink @ ,ba ,oet fiscal wear was
rks like u@ulins @ NV io, - ~ 81oa oe2 G
Agents 6oO olo, an inc. .Fas1 "a ~
want q the previous hscal year. IHo
erritory, annual value of our imports ana
chance 90 ,,orobsnd;se for the ten fsce
ms anu prior to 1891 was Sl,457, 1922, I
G co. WIN will ,soS Ue S'serseu ezceeded W the annual
D. "s. value by $4OO, 35s. .591. and incI
.n,s.,. 27.47 per cent. The signica
"uo A''io value of this increase are showr