The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1897-08-28
TARIFF FIGURES.
Comparison Between the Wilson
and Mckinley Laws.
Treasury Department Figures show
That Expectations Did Not In
crease Under the DEM
ocratic Tariff.
Especial washington Correspondence

Especial Washington Correspondence
Figures from the treasury depart
ment show some interesting compare
sons between the expectations OF Amer
lean manufactures during the period Of
the operations of the Mckinley law and
the Wilson law.
The opportunity which is offered to
examine this question comes by way Of
the publication by the treasury depart
ment of it's monthly summary for June,
which covers the fiscal year ending
June 30, 1896, and this practically COM
pletes the record of the Wilson law.
That the expectation OF manufac-
tured articles did increase under the
Wilson law is undoubtedly true. But
that the importation OF manufactured
articles increased very much more than
the expectation is equally true. The
expectation OF manufactured goods in
the fiscal year 1897 was, in round num-
bers, $03,0O0,000 greater than in the
last year under the Mckinley law, 1894,
the figures for these two years being
respectively. 1894, $ls3, 723,s 500 and In
1897, S276,357,s61. The importations of
manufactured goods during the same
period increased STAG, 900 900. or nearly
double the increase OF the expectation
OF manufactured goods. The total inn
ports Of manufactured goods in 1894,
the last year of the Mckinley law. be-
ing. Sl5s, 1920 36, and in 1897 the last
yenr OF the Wilson law, 1904, 647, 104.
1t is thus apparent that the importa-
tions Of manufactured goods practically
double under the Wilson law since 1891,
IN last year OF the Mckinley law, and IL
is not surprising that the bringing in
OF over 100000 worth OF man
ufactured goods per annum drove
the manufacturers OF the United States
TO seek a market abroad at whatever
price they could get, as the only means
Of escaping the necessity of closing
their factories
Another interesting point to be de-
termined in regard 10 this question OF
expectation OF manufactured articles
under the Wilson law Is whether the
proportionate increase is more marked
ly rapid under the Wilson law than IL
HaA bNNh hhhcl NHN hNhluitl law. nc
following table gives the expectations
in the fiscal years 1891, 1894 and 1897 of
manufactures OF the United States;
1894 il will be remembered, was the
last year under the Mckinley law, and
by comparing the growth from 1894 to
1897 under the Wilson law, three years,
with the growth from 1901 to 1894 under
the Mckinley law, also three years, il Is
easy 10 determine whether the pro-
portionate growth in export OF manu-
features was any greater under the
Wilson law than under the Mckinley
law.
The expectations OF manufactured
goods during the fiscal years in ques-
tion are given below. The list in
cludes the important groups or classes
of articles exported where the amount
in the end reaches as much as 1,000,-
600. IL will be seen that in many cases
the percentage Of gain in expectation
was much greater during the three
years OF the operations OF the Mckinley
law than in the three years OF the Will
son law
Exports Of articles manufactured in
the United States in the fiscal years
1891, 1894 and 1897, the period between
1891 and 1894 being under the operation
of the Mckinley law; that from 1894
TO 1897 under the operation Of the VIII
son law: