New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-08-29
TRIUMPH OF PROTECTION.
Manufactures Form One-Haf Of
Exports for July.
TrRoM THE TRIBUNE BuREAu.1

Washington. Aug 2S.-The success which has at
tended the protective policy in building up the
manufacturing interests of this country was never
so clearly demonstrated in the last few months,
when the manufactured products Of the United
States exported to foreign countries have grad
ually overhauled and finally exceeded the already
immense expectation of agricultural produce The
latest compilation Of the Bureau or Statistics shows
that in June Of this year the agricultural exports
amounted 70 the enormous sum of S31,2N,0O but
the exports OF manufactures exceeded that amount
in value by 81 10000 In July there was also an
excess of exported manufactures, the figures show
ing total S31 900 600 worth of agricultural prod
exported and total Of 100000 worth OF
manufactured products.
Even for the seven months ended with July, 1904
agricultural products exceed manufactures by near
ly Sl00oN000. but in the month OF May. 1904, man
fractures for the first time in the history of the
country, exceeded agricultural products in the
statement of domestic exports and this was again
the case in June and in July. In the month Of
May, 1904 exports of manufactures exceeded agri-
cultural products by about 100000; in July the
excess of manufactures over agricultural products
was nearly 100000 In the three months of May.
June and July, 1894 the total value OF agricultural
products exported SlJ6 J3 1873, while the total
value OF manufactures exported IN the same period
Sl2O 7S9. 769
That there is a marked growth in the exporta-
ton Of manufactures IS shown by comparison OF
the figures Of 1904 with those of earlier years. The
months ended With July 1904 IS $2S5 ig5 rs or an
average Of than SiG0OO,0W month. In the
S244 607 So an average of S35 6OOOOG a month At
this rate of increase the exports Of manufactures
during the calendar year 1904 would exceed those
of 1893 by about $50 900. and bring the grand
total for the year far in excess Of any preceding
While it is true, above stated, that the, ex-
and July have exceeded the exports of agricult
uraI products II should not be understood that
the total manufactures exported during the entire
year will exceed the total value of agricultural
the proportion which manufactures form OF the
total exports is steadily increasing and that the
total exports is steadily decreasing.
In the fiscal year just ended agricultural prod
,,cfs formed a smaller percentage of the total ex-
ports than ever before, falling for the first time
formed So per cent of total exports in 1880 IA
per cent and in 1901 5s4 per cent Man,ufactures
in 1880 rs per cent and in 1904. 9152 per cent The
1871 Ss6 ss COO 0} in 1880 $3.50 100000 and in 1894
$50 900 an Increase in 1894 of . per over
Si COO 600: in 1880 s5i 10000 and in 1904 $52 0OO
go an Increase in 1904 of $40 per cent over 1880.
That this change in the character Of the exports
of the country movement from agricultural
products toward manufacturers due rather TO an
Increase in the home production Of manufactures
than to any actual decrease IN the home prOduc-
ton of agricultural prod1ct Is apparent upon
reau and Bureau OF Statlstlcs, %hlG lei sno" the
The census tables show a rapid movement OF
the manufacturing centres. and, rs result "A
smaller proportion OF the tot2I popGInnuon Is en-
PROPORTION is producing manufactures instead Of
food supplies. thus diminishing the surplus avail
@p a notable fact In connection with the figures
above quoted is that the wheat consumption OF this
country for the fiscal year of 1904 has been the
largest in the history of the nation this doubtless
accounting in large part for the present bull ten
dency of The wheat market Since 1897 the domestic
onsi1mption Of wheat has increased from 395
bushels Calculated on the basis OF AZ bushels OF
wheat to a barrel Of four per capita the average
for the named 633 bushels in 1904 the lat
ter figure being the highest in the history OF the
country. II is probable that the general prosper
ity Of the nation has contributed to this result and
that further examination Of the statistics would
reveal the fact that fewer people were compelled
TO use rye and other mixed fours than at the
period of smaller consumption OF pure wheat flour