The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-01-17

value az Exports Under the New Tariff Law
Notable Increase

v"'u" az Exports Under the New rArifR I.av
S"tabl~ Increase.
recs republican critic Of the new
tarln law pronounce> il failure be
cause. among other things. '.havinor /,
view an Increase 81 foreign trade. /,
mas accomplished its design, il al all
only hv increasing the value OF our I'm
ports and Diminishing largely the vain,
OF our exports" II is fact that. com
pared with 1898 the last calendar year
win which comparison can be fairly
made, there has been an increase q,
TWO or three millions in the avara,,s
monthly value OF imports and n a.
crease Oh some ten millions in the aver.
age monthly value OF exports. But the
latter j not the result of any CORE
spending shrinlSagc in quantity; il is
cue 70 a reduction in the price OF onr
great staple commodities of eyport- N
process with which the tariff has moth
ing TO 10. 1t wa, claimed by the nd
vocate> of lower import dutie, tho,
tney would tend to enable the Amari
can manufac;ircr to compete in the
fnarNet> OF the world The evidence
thai this result has been ACCOMPLISHED
i not far To seek. 1t has become y ,re.
ognlzable factor in the industrial ds.
'e'opmcnt OF the country, and it i de-
liberate dishonesty to attempt to i,..
more it, existence.
For the first nine months OF N.
present year the value OF the exnorss
OF American manufactures has been
Sis, ,93. SO. For the corresnonair,
period Of last year their value was
-lJ33,s.b U9- Up 20 the end of Septcn,.
Der. therefore. the exports of mana.
iactares are Si2,4l4 g.- ahead OF those
OF the nine months ended with Sen.
tcnber. 1897 The gain has been al
most exclusively in the five months
beginning with May. and If the same
rate as has been established during
these five months is maintained to tho
end OF the year there will be a gain |
over l>a+ Of some 500. 0O0. 600. Tha,
VIII be -li 600. 900 more than the record
@. any fiscal rear in the country's his
tory. III the parison is to be made
t"' tween the fiscal year ending June 30.
~, and any that have preceded il.
the gain j. lilSciy to be more remarlxa-
ne stu. For the increased demand
+-aah iAA1AlAAANLuTtN n broad l.
evidently not n mere transit DRY phe-
nonenon- 1t i based on the ability
~ the producer here to supply at i
"a satisfactory price articles which the
foreigner wants II the banking and ,
ltner fac titles for the foreign trade Of !
ne lnted states were - we'll organ
zed a. those Of other commercial ma ,
ions. the Increase Of that trade would a
erta.nly 70 on still more rapidly
ne exports of mineral oils how the !
'reatesi ratio Of increase. but in other.
e>> Important departments Of the ex-
ort trade the gains have been nota-
IT, The value Of misccllanepu, cot
on goods exported for tho nire
iontAN has risen from So 1876, 81 TO 3d.
Y. iy2 In machinery there has been 7
u increase from ,.2;G. 59S 10 :. 400. SIS I
he valnc OF locomotives exported il
l.3i3.ii3 for this year against SGsa. SOP Z
n the hrst three quarters OF last wear. !.
nisccl laneou> iron manufactures :
'ere has been a gain of million on y
- years export of about four mill :,
)n>, and on leather and its products =
ere has been nearly portionate =
lin by an increase from SLIDE. -g3 TO y
>, ->5,sia. There are in fact, but =
- Of the products OF our manufac-
res which enter into the export trade II
At 20 not appear to be in increased n
mand abroad. In many eases the y.
ide is still rudimentarv but il has
erywhere the promise OF assuming -.
en- proportions as will make il mani
= that the United States have fairly "a
tered into the industrial COMPETE !.
N OF the world. - Boston Herald. !"