The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1898-10-28

i, remembered that the receipts for the
last FIVE months of that law were more
than s43, 600, 600 greater than they were tor
the corresponding months of 1885, and let
1t be- further noticed that the revenues
fell off In the month Of August 1897, the
first month under the Dingley law, from
the average during the last five months
OF the Wilson, law Of $2L6O0,000 a month
Their noticed that the. receipts under the
Dingley law constantly and steadily in
creased in ">each month until in the
months of February and March, 1895, they
amounted to more than SIS COX, 900 and for
tthe first time in months. yes, years. I'm.
the government were greater than the
expenditures, on peace basis. Then no
ttee the falling off in April, May and June,
1898. when war conditions and the conse-
quent arrangement of our foreign com
:merce by reason of foreign complications
arising from such war conditions pre-
Vailed. and how Immediately in July,
1885, when peace was assured, they at
once went. back to more than $15,000,0 900
and in the month of August to more
than s1600o,00Q,
- When we consider all these facts it is
impossible to escape the conclusion that
but for the Increased expenditures caused
i by The war the he PPingley law would have
" Yielded, Ample Revenue
lures on peace footing. And this con-
cluston Is further strengthened by con-
sidering the detailed monthly revenues
and expenditures for: the first seven and
also the last five months of the fiscal
year ending June 80, 1898. The revenue
for the first seven months, exclusive of
Pacific railroad payments, was $186, 000 600
and the expenditures $240, 900 900, leaving
a deficiency Of a little more than $54, Co.,
0oo The revenue for the last five
'ments, from February to July 1, 1898,
was 152,000,000 and the peace expend1-
lures for tho last five months $40, 1000,
making surplus during the last five
months Of about 81, ,ooo Now the sta
revenue were $2,000OOO more in June, 1898,
than in May or April. Let us attribute
this increase Of g. 600 900 to the war reve-
nue. bill and It would leave us a surplus,
on a peace footing from Feb. 1 to July
l, 1883, Of, in round figures, SO 00O, OOO
Thus we see that on the basis Of peace
expenditures the Dingley bill yielded for
the last five months of the fiscal year
1888 surplus of $4,000 600. have hereto
fore shown that but for the anticipatory
1mportations during the last five months
Of the Wilson law, the revenues under the
Dingley law would have been at leasts$50-
GOO, 200" more than they were. If s this
$50, 100000 had been collected the deficiency
for thei first seven months Of the fiscal
col WO0A0 AAdNS OCSA O111y @4,VUV,VVV, anu
there would have been for the entire first
fiscal year of the operation of the Dingley
law net surplus Of $6,000,000.
When the Dingley bill was under con
sideration those opposed to it insisted,
as they have always DONE that it would
tageously and would reduce American
markets abroad. Let US examine this in
the light of the figures shown by the
treasury department. The new law went
of July, 1897, so we will consider the
entire fiscal year ending June &c. 1898, and
compare it with the preceding fiscal. year.
Our total sales to other parts OF the
world during the last fiscal year. the first
compared with 81, Qs2, ooo, 900 for the G preced-
ing year, an increase Of $17s,0oo CO., -
/, OF the exports Or sales abroad Of man
ufactures, there were $3.50, 100000 for the
last fiscal year. as compared with SIT, 0O0-
about 100000. In spite of the assertion
Of its opponents that the Dingley law
would unfavorably affect our commerce,
we have increased our entire exports to
other parts of the world at the rate of
nearly $4,000 ooo and our export Of man
fractures at the rate Of nearly 81, 000 00O
per month. For the first time in our
history we are exporting more manufac-
tured articles than we are importing, and
our total exports are the greatest in our
history, TOT the uTSC Tune Oe1ng
Double Our Imports.
Not only have our sales to other parts
of the world been greater, as I have
shown before, under the Dingley law,
both Of agricultural and manufactured
products, but the bill has also demon
strated its ability, under normal condi-
tons, to supply, together with the inter-
nal revenue laws as they were before the
war revenue law was enacted, sufficient
~ &1,@
the government and it has at the same
time reduced imports from other parts Of
the world which come into competition
with our manufactures. The total i'm
ports for the last fiscal year were $685.
100000, as against $765 900 in the pre-
featured articles for consumption were
$s3000,000, as against $134, 900 for the
preceding year. Thus, while we have
been increasing our total exports more
than SITS, 100000, we have. decreased our
total imports by nearly s149, 0oo. 900 from
what they were in 1897, and 1854, 900, 900
from what they were in 1896. While we
have increased our exports Of manufac-
lures by nearly $12000,0O0, we have de-
creased our imports Of manufactures for
Thus we see the Dingley bill as condi-
lions have approached the normal has
not only provided a sufficient revenue
for the ordinary needs Of the government,
has dlSO, WILLIE uOI Ill Cue least
diminishing our foreign trade but on the
contrary in the presence Of an enormous
increase Of that trade in every direction,
furnished to our domestic industries
full and adequate measure of protection,
giving to our own people to the fullest
extent possible, or even desirable, their
own unrival1ed home market.
That Lumber Schedule.
Before leaving this subject wish to
refer briefly to that part Of the bill which
particularly concerned this district. Ev-
cry interest and industry in which we
were especially Interested was closely
watched and properly taken care off, On
most of these it was not difficult to Sc
cure proper rates, but when it came to
the lumber schedule it was not such easy
sailing. When this schedule was being,
considered in the committee I called to-
getherJ some Of the leading, lumbermen
Of the district and conferred with them
about the proper rate to be asked for.
After going over the whole matter and
considering the difference between the
conditions existing in Canada and those
existing here, 1t was found that 81 per L.
900 feet would be about a fair rate and
it was determined to ask for it. At the
hearing. before the committee in the
month Of December, before my congress
,sional term began. but after my election,
I appeared with a delegation Of lumber
men from all parts Of the country, and
we presented our views and made our
1sor a