El Paso daily herald. (El Paso, Tex.) 1881-1901, 1901-01-10

y
the dates nearest to the close of the
century:
United Kingdom :. :. :. :. -. ....
NeThdhy $1,000 -.
| Russia. in Europe -. 80. :. $500.
Austria-Hungary :. E.
Italy. :. E. :. :. .... ......
Spain -. 80. :. :. -. ........ =.
| Portugal $500.
| Belgium --
| Holland ---....--. -.
| norway. .... -....- ...----
denmark
switzerland -...---.
1t will be seen that the European
population has, on an a verage, risen
to 21h times that of 1900, whilst that
of our own country has expanded 14%
| times. Our territorial area has risen
from LOIS, 100000 acres to 2.405 .00O.-
900, AN increase of 136 per cent.
The great glory of this territory lies
in the rapidity with which it has been
converted into the wealthieSt and
most fertile nation on the face of the
globe. 1t started it's career by brave
ly winning it's liberties and organic
ing them into a Republic which has
continuously consolidated it's siren
9Th and steadily developed into the
wisest and most pacific form of gov
| eminent the world has yet witnessed.
The nation has been built by its own
muscle, integrity and industrial gen.
ius. and is the product of the finest
race of mankind. Thanks to Provi-
dence. the magnificence of our sue
cess must be largely credited to the
unsurpassed richness of our territor-
lal heritage. in varieties of soil and
climete. in richness of mineral depos-
its. in forest resources, in magnif1-
oence of river and lake. and in our
variesties and limitless sources of uu-
foreground wealth. We have formed
bases of industry unequaled else
where on the surface of hte globe.
But to have cultivatd these resources
with such intelligence and energy as,
within one century, to have created
out of them the richest commonwealth
in history,-that is an achievement so
unprecedented that we may boast
over it with jus, and patriotic pride
The foreign trade OF the country,
in the first year of the century, am
ounted to S162 900 900; in 1900. it had
risen to 50 pa 900 000.-showing an
increase of s2.OS2 900 900; or at the
rate of ,2S5 per cent Our present
commerce exceeds by S145, 100000 the
foreign trade of combined Europe in
1910. From the latter year to 1897,
European commerce increased. S9.96S.-
900, 900, or at the average rate of AS
per cent: which is but little over one
third the rate of progress realized in
our own trade within the whole CEN
tury For the last forty years however
we have pursued a policy of restrict
ing our imports by very high tariffs:
which has had the effect of materially
keeping down the volume of our for
eign commerce.
Our remarkable industrial progress
has been principally attributed to the
fact that our natural endowments have
qualified us to surpass all other coun-
tries in the production of certain of
the leading staples of manufacture.
| The new product of the century, petro-
leum, for instance, is produced in the
United States to the extent of 90 per
cent of the entire worlds output, and
Yields us an article of export worth
$55 900 900 per annum. Also. we have
risen to the foremost rank as produc-
ers of the worlds most important fibre.
| At thebeginning of the century. the
worlds crop of cotton was about l.
vu0 900 bales, of which only 1000 bales
were grown in the United States. In
| 1889, the worlds yieId was 12,949,-
900 bales. of which our southern crop
contributed 11,07S, 900 bales, of IS per
cent of the whole supply. This crop
yieIds us an annual surplus for export
averaging value of $3.50 900 .001.
while we retain for home manufacture
3.553, 900 bales. Another of the great
staples of commerce in which we hay e
risen to a foremost position is coal
| The output may be said to have begun
| on a visible scale in about 1910, when
| the product was 1,SO0, 900 tons. In 1899,
our product reached 1925, 100000 tons:
which was 100000 tons in excess of
| the output of the United Kingdom and
| is equal to "a per cent of the entire
worlds supply.
The concurrence of immense depos-
| it's of iron ore in convenient contiguity
| with our coal fields has now placed rs
| in advance of both England and Ger
| many in respect to both the quantity
of product and lowness of cost of both
iron and steel. In 1899, our product of
| pig iron was 13,620,000 tons; that OF
Great Britain in 1898 was 1851 900
| tons; whilst, in the same year. that of
Germany was 7.233,00 tons; the out =
put of the United States is now Sc per
cent of The worlds whole product. Our
position in the copper trade now ranks
foremost among the producing nations.
In 1850 we stood lowest among the
| manufacturing countries; in 1883, we
| had risen to the control of 40 per cent
of the total productions: and now we
contribute 60 per cent of the whole sup
| ply.
Equally, we rank foremost among
the nations in respect to agriculture
In 1920, the area of land under crops in
the world (outside of ASai) was 402.-
100000 acres, of which 10000. 900
| acres, or rs per cent, was in the Uni