The Yale expositor. (Yale, St. Clair County, Mich.) 1894-current, 1897-12-10
VERY SATISFACTORY
NEW TARIFF LAW is PLEASING
ITS FRIENDS.
Treasury Figures Show 1t Is Product
i've of Increased Exports of Ameri-
can Products and Decreased Imports
-"Retaiiation" Measures Fail.
Showing Is Gratifying.

ne new ldIlu laW CONTINUES 10 move
smoothly so far as relates 10 farmers and
also as relates 10 the revenues OF the
Government. a document just issued by
the Treasury Department showing the
September importations points out that
there has been marked falling off in the
importations OF numerous articles of farm
produce compared with September OF last
year, while the expectation OF the pro-
ducts of agriculture has increased very
greatly despite the insistence of free trad
ers that an increase in our tariff rates
would damage our markets abroad. The
September expectations Of agricultural
products amounted to SI4, 26l ,5T3, against
S5O,52J,GGS i'm the corresponding month
last year. While the general eXpOrta-
tons of domestic merchandise increased
% per cent in September over those of
the same month last year, the increase in
farm products was even greater. being,
as will be seen by the above figures, about
40 per cent. In September of 1897 agri-
cultural products formed - per cent Of
the total expectations, while in Septem-
Der, 1896, they constituted but GT15 per
cent of the total expectations. In impOr-
tation of farm products there has been a
marked decrease in many articles. The
September importation OF unmanufac-
tured cotton fell off 80 per cent, being but
5Sl,903 pounds, against 7T2,629 pounds
in September of last year. The impurta-
tion of flax, hemp and other vegetable
fbers, manufactured, amounted to less
than one-third of that of last year, being
$33O,OO0 in value in September, 1897,
against nearly S1,000.000 in September,
1S0G. The importation Of flax, which
amounted to SOS, 30 in September, 1896,
dropped TO S41 $50 in September, 1897.
The manufactures OF flax, hemp, jute,
ETC., imported in September. 1897, were
but about One-half in value those Of Sep
TENDER, 1896. being but $1.142.114,
against 50, 1859. The importations Of
sugar in September, 1897. amounted to
less than $2500.000, against, over $S,-
000,000 in September, 1896. while those
of vegetables dropped from S11S.345 in
September. 1896. to $4,000 in September
of the present year. OF course, the most
noticeable decrease is in wool. which fell
from 4.105.4TG pounds in September Of
last year to 2,505,GT3 pounds in Septem-
Der. 1891, while the manufactures Of wool
fell of in a much larger ratio. being in
value but S53G,303 of the present year
against $2.0GG1O1 in September, 1896.
In the matter of exports there has been
n marked increase in almost every line Of
farm production. The September eXpUr-
tatiOn of cattle amounted to S3.2T2. 1868,
against S2.15O. 100 in September Of last
year. The value of the horses exported
was SOS. i02, against S234,315 in the COR
responding month Of 1896. The eXporta-
ton Of barley amounted to S1.04l. SD.
against S7SS.431 in September Of last
year; corn. $G,200.T23 against $3.9G2. G12
in September of last year. The eXporta-
tiOn of corn meal increased from S4T,-
$50 in value to S110.4G1; oats from S2U1.-
6T7 to $1.G41,0G0 in September. 1897;
oatmeal from 3,0l2.91S pounds in Septem-
Der. 1896, to 5.5lG,9G9 pounds in Septem-
Der. 1897. The expectation of rye prac-
tically doubled, being in value $319.322
in September Of last year. against SG2G.-
40 in September of the present year. or
hops the exportnton in September. 1897.
wGs more than four times i'm value that Of
September. 1896, being SG5,2ti5. against
$15.45S. or bacon the expectations were
in September. 1897, over 50.O00.OUO
pounds. against 31.O00.OO0 pounds in
September Of 1895. or hams the pounds
exported in September. 1891. was over
17.OU0.Gu0 against 9OOO.OOO in Septem-
Der of last year. while the expectation Of
butter jumped from 3,I94.532 pounds in
September. 1886. TO 1888, 4G7 pounds in
September. 1897,
At the Treasury Department the new
law is proving equally satisfactory. The
re, eipts are steadily increasing. and for
the month Of November average fully II
million dollars for each business day,
while there is evsy reason to expect that
the increase in the importation of manu-
featured articles and sugar which will
come with the beginning of the new year
will add from eight to ten million dollars
per month to the receipts, thus bringing
them above the requirements for the run
ming expenses of the Government and
putting the treasury again in Il position
TO accumulate sufficient surplus TO carry
on the business Of the Government with
safety and reduce somewhat at least the
Indebtedness incurred under the Wilson
law BY liberal contributions to the sinking
fund and the creation of such a surplus
as will he needed to meet the outstanding
bonds when they fall due.
Another very satisfactory feature Of
the operations of the new law is found
IN the fact that nothing whatever has
come of predictions made by the Demo-
Gratis during the discussion in Congress
OF the Dingley bill to the effect that the
enactment Of the rates named in the bill
would result in closing our markets in
foreign countries. II will he remembered
that numerous protests were made by the
representatives of foreign countries to
this Government with tf2 implied threat
that il the increased tariff was put on
their goods it would be necessary for the
Governments Of those countries to enact
reta.iat0ry tariffs against our own goods,
witch they had heen previously buying.
There were thirteen Of these countries
making FORMAL protests, and the follow
ing tables show our expectations TO the
thirteen countries during August and
September Of the present year under the
Dinr,ey law compared with August and
September OF last year under the Wilson
law. also our importations from those
countries in the months in question under
the two laws:
Aug. & Sept. Aug. & Sept,
az