The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1897-12-24
VERY SATISFACTORY
NEW TARIFF LAW IS PLEASING
ITS FRIENDS.
Treasury Figures Show 1t Is. Product
i've of Increased Exports of Arneri-
can Products and Decreased I'm ports
-"RetaIiationn Measures FaiIs
Showing Is Gratifying.

also as relates to the revenues of the
Government. A document just issued by
the Treasury Department showing the
September importations points out that
there has been d 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 81, ,261 ,573, against
$5G, G,529.G6S in the corresponding month
last year. While the general eXporta-
tions of domestic merchandise increased
% per Gent in September over those of
The same month last year, the increase in
farm products was even greater, beng,
as viii be seen by the above figures, about
40 per cent. In September of 1897 agrl-
cultural products formed II per cent of
the total expectations, while i'll Septem-
Der, 1896, they constituted but G112 per
cent of the total expectations. In impor-
tation offarm products there has been a
marked decrease in many articles. The
September importation of unmanufac-
tured cotton fell off So per cent, being but
"oCI,uOO pOuuuS, dSdlISI li-.O-O pOuiIpS
in September of last year. The importa-
tion of flax, hemp and other vegetable
fibcrs, unmanufactured, amounted to less
than one-third of that of last year, being
$3.50, 600 in value in September, 1897,
against nearly $1,000,O00 in September,
1896. The importation of flax, which
amounted to SIS, ,T29 in September, 1896,
dropped to S41.639 in September, 1897.
The manufactures of flax, hemp, jute,
etc, imported in September. 1897, were
but about one-half in value those of Sep
tember, 1896, being but 81, ,142,174,
against 81, 1859. The importations of
sugar in September, 1897, amounted to
less than $2.500.000, against over $S,-
100000 in September 1896, while those
OF vegetables dropped from $14S,345 in
September, 1896, to $S9,994 in September
of the present year. Of course, the most
noticeable decrease is in wool, which fell
from 4,79j,4T6 pounds lin September of
last year to 2s505,673 pounds in Septem-
ber, 1897, while the manufactures of wool
fell off in much larger ratio, being In
value but $556.393 of the present year
against $2,066,101 in September, 1896
In the matter of exports there has been
a marked increase i'll Almost every line of
farm production. The September expor-
tat;on of cattle amounted to $3,272,369
against $2,750.109 in September of last
year The value of the horses exported
was $67S, ,492, against S234 ,315 in the cor
responding month of 1896. The exporta-
ton of barley amounted to 81, ,044 $50,
against $1SS,431 in September of last
year; corn. sc, 200, ,123, against Sc, ,962, ,612
in September of last year. The exporta-
tion of corn meal increased from $47,-
536 in value to $119 461: oats from S2O1,-
677 20 $1,641 ,0G9 in September 1897;
oatmeal from 8, 3,012,97S pounds in Septem-
ber, 1896, to 5.516,969 pounds in Septem-
ber, 1897. The expectation of rye prac-
tically doubled, being in value $319.322
in September of last year, against $685.
140 in September of the present year. Of
hops the expectation in September, 1897,
was more than four times in value that of
September, 1896, being S65,265, against
$15,45S. Of bacon the expectations were
in September, 1897, over 5O,OO0OO0
pounds, against 31,000,000 pounds in
September OF 1896. OF hams the pounds
exported i'll September, 1897, was over
100000, against 100000 in Septem-
ber of last year, while the expectation of
butter jumped from 3,494, ,532 pounds in
September, 1896, to 5,933, ,467 pounds in
September, 1887.
At the Treasury Department the new
law is proving equally satisfactory The
receipts are steadily increasing, and for
the month of November average fully a
million dollars for each business day,
while there is every reason to expect that
the Increase in the importation of manu-
factured articles and sugar which will,
come with the beginning of the new year
will add from eight to ten million dollars
h. Al
them above the requirements for the run
ming expenses of the Government and
putting the treasury again in position
to accumulate a sufficient surplus to carry
on the business of the Government with
safety aud 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 be 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. 1t will be remembered
that numerous protests were made by the
representatives of foreign countries to
this Government with the implied threat
that if the increased tariff was put on
their goods it would be necessary for the
Governments of those countries to enact
retaliatory tariffs against our own goods,
which they had been 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
Dingley 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,
1896, under 1897, under
Exports to- Wilson law. Dfngley law;
Austria-Hungary S223.S01 So13,O29
Belgium . 5.149.5l9 1,0S9, $40