Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1897-12-10
VERY SATISFACTORY
NEW TARIFF LAW IS PLEASING
ITS FRIENDS.
Treasury Figures Show 1t 1s Product
i've of Increased Exports of Ameri-
can Products and Decreased Importa
-"Retaliation" Measures Fail.
Showing lie Gratifyinp.

SpSStut AhuluStOu cOrCeSOOnOenCe: tNI
The new tariff law continues to move
smoothly SO fur as relates to farmers and
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 a 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 $74,261,5113, against
$5d,520,68S in the corresponding month
last year. While the general exporta-
lions of domestic merchandise increased
70 per cent in September over those of
the same month last yenr, the increase in
farm products was eve greater, being,
as will be seen by the above figures, about
~ per cent. In September of 1897 agri-
cultural products formed e per cent of
the total expectations, while in Septem-
Der, 1886, they constituted but G7A 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 unmnnufac-
tured cotton fell off 35 per cent, being but
5sl,90S pounds, against 772,629 pounds
IN September Of last year. The .importa-
ton of flax, hemp and other vegetable
hbers, manufactured, amounted to- less
b one-third Of that of last year, being
$S30,OOO in value in September, 1897,
against nearly $1,OO0,OOO in September,
1876. The importation of flax. which,
amounted to S6S, 720 in September, 1896,
dropped to $41,639 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 $ 1,142.174.
against $$2.139,559. The importations of
sugar in September, 1897, amounted to
less than $2,500,O00, against over $751;
OO,OOO-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 4,195,45G pounds in September of
last year to 2,505,G773 pounds in Septem-.
Der. 1897, while the manufactures of wool
fell off in a much larger ratio, being in
value but $53G,393 Of the present year
against S2,O66,1O1 in September, 1885,
In the matter of exports there has been
a marked increase in almost every line of
farm production. The September, expor-
tation of cattle amounted to S., ,38S,
against $ ,75O,1O9 in September of last
year. The value of the horses exported
was $678,492 against $234,315 in the cor
responding month of 1896. The exporta-
ton of barley amounted to $1,O44, S22
oOninof @s2Q dQ1 q, 'No,%oo.ho. ~ lac<
year; corn, $780, 23, against $1,000, 812
In September of last year. The exporta-
ton Of corn meal increased from $47,-
536 in value to $119,481: oats from $2O1,-
81 to $1,641,O69 in September, 1897;
oatmeal from 3,O12,9 78 pounds in Septem-
bel, 1896, to $4,000 pounds in Septem-
Der, 1897. The expectation Of rye prac.
tically doubled, being in value $319,33222
in September Of last year, against $685.
40 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 sos, 285, against
$15,45S. OF bacon the expectations were
in September, 1897, over 100000.
pounds, against 100000 pounds in
September of.1890. OF hams the pounds
exported in September. 1897, was over
100000, against 100000 in Septem-
Der of last year, while the expectation OF
butter jumped from 3.494 8 pounds in
September, 1896, to 1894 6 pounds in
September, 1897.
AT the Treasury Department the new
law Is proving equally satisfactory. The.
receipts are steadily increasing, and for
the month-0f November average fully q
million dollars for each business day,
while there is every 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 rum
ming expenses Of the Government and
putting the treasury again in q position
to accumulate q Sufficient surplus to carry
on the business Of the Government with
safety and reduce somewhat at lenst the
indebtedness incurred under the Wilson
law by liberal contributions to the sinking
fund and the creation Of such a surplus
as will be Aeeded to meet the outstanding
bonds when they fall due.
Another very satisfactory feature Of
the operations OF the new law IL found
10 the fact that nothing whatever has
come OF predictions made by the Demo.
Gratis during the discussion in Congres,
OF the Dingley bill tosthe effect that the
enactment Ct the rates named In the bill
would result In closfng our markets IN
foreign countries. It Will be remembered
that numerous protests were made By the
representatives Of 6Orefsns countries "a
this Government with the implied threat
that IL the; Increased tarf6 was mt 81
their goods II would be necessafy for thu