The Camden chronicle. (Camden, Tenn.) 1890-current, 1896-08-28
A BANNER YEAR.
GREAT INCREASE IN EXPORTS OF
MANUFACTURER

More Than $4,000. 600 .I.o;rS,.,
Than Ia ANY Previous Year-.The
record Under aIcIllnioyism Far
nurpnssed-Lowcr Duties on Raw
Material Helped Manufacturers
The fiscal year 1896, which elosel
on june 30 last, IL the banner wear In
INC history Of American manufacture.
ing exports The totals have now
oeen compiled by the Bureau of Sta
usties OF the Treasury Department.
and they show Gu increase OF nearly
twenty-five per cent. over the HIGHEST
previous record. The exports nj
manufactured goods for June reached
~, oJe,9l2, or thirty-three Der cent.
OF the total exports for that month.
making total FOR the year OF s22s..
ao0,o95 The exports Of manufno.
lures Tor tho entire year amount to
26.4l per cent. OF the total exports.
which IS larger by three per cent.
than the percentage in 1895.
The details of the exports by classe1
have not yet been fully compiled bv
the Bureau OF Statistics, but ID is al.
ready known that the returns show
large increases in agricultural imple.
ments' carriages, railway cars, manu-.
iactures OF copper, cotton cloths.
glassware, rubber goods, hardware.
bicycles, sewing machines, miseel.
laneous machinery, locomotives, boots
and shoes, soap, refined oil and manu-
iaetured tobacco. The producers of
all these articles have shared in the
greater demand for their products in
foreign countries, and have, tl.ore-
fore, done a large and more profitable
business than IN former years.
A comparison Of statistics OF the
past fiscal year with the years in which
the Mckinley law was in force is
greatly TO the advantage Of the Wilson
tariff 1t shows that in 1891, the first
year after the high-taxation scheme of
1890 took effect, the total exports of
manufactures we're S168, 721315. In
1892 there was q falling of. the
amount being Sl5S, $40, 937. In 1898
there was another slight decrease to
sos, SOB, lis, bnt 1894 showed an ad-
vance to SlS3, 728, 1903, ON average for
the four years of S163 237,547.
For the first year of the Wilson
tariff the value OF the exports Of man
ufactures was $lS3, 500, 743, which,
taken with the figures given above for
the fiscal year 1895 shows an average
of S20l, 042, $40, or an average of
nearly S34, 900, 900 per year over the
same exports during the Mckinley
period.
No argument need be added to these
figures. They tell the story for them
selves of increased prosperity for
American mills and factories as well
as Of mines which furnished the raw
materials for the finished goods.
They prove beyond dispute that the
tariff reform policy has already great
ly increased our ability to sell our
surplus manufactures in foreign lands,
and that the lighter taxes on raw
materials have given more work to
American labor. Forty.hve million
dollars worth more Of goods sold
abroad means that more employment
for the workers here. And this Is but
the beginning. II the low tariff policy
is continued and extended the good
work of capturing the worlds markets
for American manufactures will go
forward rapidly. 1T is for the people
to say whether we shall continue to
increase our foreign commerce or SO
back to the Understanding theories
of McKinleyism, under which our ex'
ports were so small.
WHIDDEN GRAHAM.