Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1912-07-16
FOUR BILLIONS
OF DOLLARS new
RECORD in TRADE

| M0RDN TRADE
/ The foreign commerce of the Unit
ed States made new ano remarkable
record in the fiscal yesr just ended
4 The total value of the merchandise
entering and leaving the country in its
trade with foreign lands and its own
island possessions in the fiscal year
1912 was four billion dollars; the va
lue Of manufactures exported was
more than one billion dollars; and the
values of non-dutiable merchandise en-
! tering the country was one billion COL.
lars. OF this one billion dollars
worth Of non-dutiable merchandise en-.
tering the country during the year end
ing June 30, 1912, about nine hundred
million dollars worth was from for.
eign countries and one hundred mil.
lion dollars worth from Hawaii and
Porto Rico.
OF the merchandise coming from
foreign countries only land not in
Gliding that from Hawaii an0 Porto
Rico) $3.50 entered free of duty,
against 1870 during the entire period
of the Dingley law, 1880 under the
Wilson law, and $3.50 under the Nc
Kinley law when the adm ssion of
sugar free of duty made the percentage
of duty-free imports unusually large,
but not so high as that of the year.
jr5t ended. In fact, the value of duty
free merchandise entering from for.
eign countries in 1912 not only ex.
ceeds by far that of any earlier year,
but also forms a larger share of the.
total Imports than in any previous
years except. 1892 and 1884, the OPEN
Ing and Closing years Of the opera
lions of the McKinley law, when the
imports of sugar free of duty were
abnormally large.
Imports of duty-free merchandise
never reached as much as one hundred
million dollars prior to 1873. They
touched the two hundred million dol
lar line in 1880, the three hundred
million dollar line in 1891, the four
hundred million dollar line in 1892,
the FIVE hundred million dollar line in
1905, the six hundred million dollar
line in 1907, the seven hundred mil.
lion dollar line in 1910, and in 1912
Appropriated nine hundred million
dollars; and the addition of the mer-
chandise coming from our own islands
brings the grand total of non-dutiable
merchandise in the fiscal year 1912 upi
to around one billion dollars.
The principal articles forming the
one billion dollars worth of duty-free /
merchandise entering continental Unit !
ed States curing the fiscal year 1912
are, according to the latest reports of
the Bureau of Statistics of the Depart
ment of Commerce and Labor, food
stuffs and manufacturers materials.
The food stuffs entering without pay
ment of duty included about one hun
dred twenty million dollars worth of
coffee. approximately thirty-five mil
lion dollars worth of tea ano cacao,
over twenty million dollars worth OF
fruits and nuts, five million. dollars Z
worth of spices, and about ninety mil
lion dollars worth of sugar from Por-
to Rico. Hawaii, and the Philippines.
The manufacturers worth of hides
and skins; over one hundred million
dollars worth of india rubber and
therefor; about sixty-five
million dollars worth of raw silk; If
tv million dollars worth of tin in bars,
blocks and pigs; forty-five million DOL
ars' worth of copper in ore and pigs;
thirty million dollars worth of ibers,
including hemp. iute and sisal; and
about twenty million dollars worth OF
raw cotton.
OF the more than one billion dollars
worth of manufactures exported DUR
ng the year. those of iron. and steel
aggregated about two hundred seventy :
i've million dollars in value; copper .
ind mineral oils, each more than one
hundred million; lumber and other
of wood, nearly one nun
lred million: leather and manufac-
ures thereof, about sixty million; and
cotton manufactures, about fifty mil
ion. Manufactures exported in the
month of Nav amounted to one hum
red eight million dollars for the sim
10 month and formed 500 of the total
domestic exports of that month. For
he full fiscal year manufactures FORM
d about 1870 of the total domestic
xport
During the "a months in which the
resent tariff law has been in opera.
ION manufactures exported averaged
evensy-five million dollars per month t
nd formed 45g6 of the total exports. s
hiring the entire existence OF the a
Iinglev law they averaged forty-slH e
billion dollars per month and formed il
7cs of the total exports; during the fl
ntire operations of the Wilson law C,
ynorts of manufactures averaged S
million dollars per montn
nd formed 29qe of the total exports Il
nd during the existence OF the NC s.
inlev law they averaged sixteen mli, CT
on dollars per month ana formed q
20, of the total exports CO
TT
, 80. -nd RarIev 81