Passaic City record., 1892-12-10
President Harrison on the State
Of the Nation.
THE WORK OF FOUR YEARS.
Parting Discussion Of Important
Public Questions.

Pensions Elections and the Treas
nry-New Mail Subsidies Urged
Also Continued Work on the New
Navy-Chief Accomplishments of
the Departments.
To the Senate and House of Representatives.
In submitting my annual message to Con-
gress have great satisfaction in be ing able
to say that the general conditions affecting
the commercial and industrial interests of
the United States are in the highest degrAe
favorable. A comparison of the existing
conditions with those of the most favored
period in the history of the country will
believe, show that SO high degree of pros
perity and SO general diffusion of the COM
forts of life were never before enjoyed by
our people.
The total wealth Of the country in 1850
was $l6, 159 GIG, 06S. In 1890 il amounted to
$62. 610, 600. 600, an increase of 2S7 per cent.
the total mileage OF railways in the
United States in 1860 was 80, ,626; in 1890 it
was l67. TAI, an increase of 44S per cent !;
and it is estimated that there will be about
1900 miles of track added by the close of the
year 1892.
CENSUS FIGURES.
The official returns OF the Eleventh Gen.
sus and those of the Tenth Census for IS
lowing comparisons:
In 1880 the capital invested in manufac-
turing was 81, 232, 839 $40.
In 1890 the capital invested in manufac-
turing was s.. 900, 735 ,S84.
In 1880 the number of employees was
1,301, 1888.
In 1890 the number of employees was
2,251, 1874.
In 1880 the wages carmel were s5ot, s65 :
77S.
In 1900 the wages earned were 81. .221, no.
454.
In 1880 the value Of the product was ST.
I'll, ,579, 500.
In 1890 the value of the product was $4,-
500, ,2S6, S37.
The report of Labor Commissioner Peck,
of New York, shows that during the year
1891, in about six thousand manufacturing
establishments in that State embraced
within the special inquiry made by him, and
representing 81 different industries, there
was net increase over the year 1890 of
s3l, 3l5, 1905 in the value of the product,
and of s6 277, $500 in the amount of wages
paid The report of the commissioner of
labor for the State of Massachusetts shows
that 3745 industries in that sState paid
1894 6,24S in wages during the year 1891,
against sl26. OBJ, 303 in 1899. an increase OF
81, 1886, 945 and that there was an increase
of SO, 49,. 400 in the amount of capital and of
1546 III the number OF persons employed in
the same period.
SAVINGS OF THE PEOPLE.
Another indication of the general pros
perity of the country is found in the fact
that the number of depositors in savings
banks increased from 693, $40 in 1860 to f.
256 S93 in 1890, an increase of 5l3 per cent.
and the amount of deposits from $149, 277,-
504. in 1860 to 81. 524, ,S44. 5l6 in 1899, an in
crease of 92I per cent. In 1891 the amount
of deposits in savings banks was 81. .623. 079,-
749. 1t is estimated that 80 per cent OF
these deposits represent the savings of wage
earners. The pank clearances for nine
months ending September 30, 1891, amounted
to s41, CAS-, 800, s0S. For the same months in
1892 they amounted to.s45, 189, 60l, ,947, an ex-
cess for the nine months Of "a, LAO, I'll, 139.
s WORD FOR PROTECTION.
believe that the protective system, which
has now for something more than thirty
tion, has been mighty instrument for the
development of our national wealth and a
most powerful agency in protecting the
homes of our workingmen from the inva-
sion OF want. have felt a most solicitous
interest to preserve to our working people
rates OF wages that would not only give
daily bread but supply comfortable mar
gin for those home attractions and family
comforts and enjoyments without which
life is neither hopeful nor sweet.
~ = nov ny pus pose n-otast;va tar;ff
aargumeI,t - tha '.e,t eiact;on rnust he &c.
S ~ ~ -, ;nr ;ntroduced = new nolicv
cspIeu Ss a. 10 s.ns = +hat the yresant tariff
i muss assuuV ss.s,, t,a T I;nas of nrotecton Il
=, ~ and that there Is to be sub
st;t,,tad - far Il tariff law CONSTRUCTED solely
with reference to revenue; that no duty ls
to be higher because the increase will keep
open an American mill or keep up the wages
OF an American workman, ouI Inac Y every y
case such a rate OF duty y to be imposed as
will bring to the Treasury OF the United
States the largest returns OF revenue.
The contention has not been petween
schedules, but between principles ana ~
would be Offensive 20 sugges. 1nat tne pr
vailing party viii not carry ,nIo ies,sias,1n ION