The Somerset reporter., 1893-04-20
Significant Figures.

In the Reports of Commerce and Navi-
cation. published by the Bureau ot Sta
tistics at Washington. on page MIN,
will be found statement OF the exports
and imports of of the United States from
the year ISL to the year 1881. An eX-
animation of this table shows great
falling oil in our foreign trade during the
years lSs5. So. - and So, while Grover
Cleveland was President of the nited
States as compared with that of 1881,
-. 81 and 81. under the administration
of Garfield aud Arthur.
During the years 1851, 81, SO and 81,
our foreign trade was as follows:
Exports. S3.2 7,275.G11; imports. 81
15S. ls2. sos: exports and imports. So
30 Is. l23: excess of exports, Si5a.pS9,-
905.
In lsSl. 'sG. 81 and ~. during Clcve-
lands adm ni~lrltion, our foreign trade
WAS II follows:
Exports s2.s33. So ,3o3; imports, ST.
62G. 10, 49, imports and exports. -, i6:i.
092 $50; excess of exports, S2Ol,Gll ,95G.
During the Years lss9, 30, 81 and %
under lIarri,on's administration. our
foreign trade WAS II follows:
Exports, S3.5l5.0iG. i95: imports 3,
20G. -, ,5i6: cNport.land imports, ,SG, 72l :
1GG, ,u3G: excess of exports, sos ,29G,9 ,93i
1t will be -ren by careful examine
tion OF thc>r tigurc- that during the
-four years Of tleVclaud's administration
our exports were S.}s3. t30.3l less than
they were during the four years OF Car
field and Arthur's administration. our
imports were Sis, ,9l2. iG2 less. our total
exports and imports were S5l2.362, 733
less. The excess of export over import,
was SO, ,3G7. SIS les.
ON the other hand, during thu four
years Of llarrison's administration our
export have increased over those under
Cleveland. administration ISGSl l9i. la2 !:
our imports have increased S5T7 .ao9. lgl !:
the total exports and Imports have in
creased 5 95S, ,103. .}sG. and the excess of
export oyer imports has increase Sl03,-
81 .99S
The most important item in connection
with these facts is that during the two
years that the Mckinley bill has been in
operation our exports and imports and
our total foreign trade have been larger
than in any years in the previous history
of our country, and during the last year
the exports have increased very largely
over all previous wears. These figures
completely rcfute the statements made
ny III i'lbIHlfI' anu + Itt- ldttl>
that high Tariff on foreign products
has tendency to decrease our trade
with foreign countries. On the contrary,
il stimulates and increases that trade.
The reason of this is that it stimulates
home Industries, and when home indus
tries are increased our people receive
higher wages, have more money to spend
for both domestic and foreign products,
and trade is materially improved on that
account.
During the four years of llarrison's
administration, and particularly since the
Mckinley bill was passed, condolences
have been thoroughly restored; money
la, been plenty and has gone actively in
to business enterprises: while, during
tlcveland'S administration, business men
had little or no confidence to invest their
money There was plenty of money.
but it was locked up and hard to get
hold of. because the owners had not the
confidence 10 invest it.
As a result of the recent election. the
country is again drifting into doubt and
uncertainty. and confidence will again be
destroyed and will not he restored until
the policy of the administration j. de
iiuitely known or changed