Newspaper Page Text
JULY 27, 1905
S5hs Nob rash a. Indopondont , PAGE 9 INCREASE IS SLIGHT REVENUE FROM CUSTOMS A DISAPPOINTMENT IS While Volume of Imports is Much Larger Than Last Year the Growth Has Been on the Non-dutiable Merchandise The foreign commerce of the Uni ted States in the fiscal year just ended exceeds that of any preceding year, having been $2,635,970,333, in comparison with" $2,451,914,642 in 1904, the previous record year. An analysis of the statistics of for eign commerce during the year end ing June 30, 1905, just prepared by the department of commerce and Jabor through its bureau of statistics, shows that both imports and exports made new high records, imports having ex ceeded by $92,000,000 the total record ed in 1903, and exports having for the first time surpassed the figures of 1901. In 1903 imports first passed the billion-dollar limit, with a total of $1,025, 719,237; in 1904 they again fell below one billion dollars in value, be ing $991,507,500. Exports first rose above one billion dollars in value dur ing the fiscal year 1892, but fell below that limit in the following year, and so remained until 1897, when the total was $1,050,993,556. In 1898 the total exports were $1,231,482,330; in 1900, $1,394,483,082; in 1901, $1,487,764,991, a total which was not again equaled until 1905, when the; figures stood at $1,518,462,833, not only surpassing the record made in 1901, but for the first time in the history of our com merce passing the one-and-a-half billion-dollar limit. Customs. Fall Short An unusual feature of the statistics of the fiscal year 1905 is the very small increase in customs revenue, despite .the very great increase in dutiable imports. The year's imports were valued at $1,117,507,500, as against $991,087,371 in the preceding year, an increase of $126,420,129. The imports of dutiable merchandise during 1905 were valued at $600, 071,238, as against $536,957,131 in 1904 an increase of $63,114,107. Despite this fact, however, the customs rev enue derived from the largely in creased dutiable imports of 1905 is less than $1,000,000 in excess of that derived from the imports of 1904, be ing $262,060, 518 for 1905, as against $261,274,565 for 1904. This decrease in customs revenue is in part due to the admission of Cuban products, es pecially sugar and tobacco, at a re duction of 20 per cent from the regu lar tariff rates, under the reciprocity treaty of December 27, 1903, and in part to the unusually large amount of dutiable merchandise remaining in .warehouse at the end of the year upon which duty had not been paid, as well as to several other causes which can not be fully stated until complete details of the year's imports are available. - Principal Increases Details of commerce for the twelve months are not in all cases available, but a careful examination of the com plete figures for the eleven months af fords an opportunity to determine the articles in which the principal in creases or decreases occur. n the import side the largest in creases cccur in the classes "manu facturers' materials, wholly or partial ly manufactured," in which the figures will be about $70,000,000 in advance of those for the preceding year, and sert." in "luxuries and other articles of vol untary use," which seem likely to be more than $15,000,000 in excess of the figures of 1904. "Articles of food and animals" have increased by over forty-five millions, and "manufactured articles ready for consumption" have fallen of about $4,000,000. The principal articles which showed decreased importations during the eleven months ending with May, 1905, as compared with the corresponding period of the preceding year were manufactured, articles, including chem icals, cotton goods, feathers, fiber manufactures, glass and glassware, iron and steel manufactures, metal manufactures, and wool manufactures. Tea, cocoa, and vegetables were the only important food products to show a decrease, while the importations of breadstuffs, coffe, fish, fruits and nuts, provisions (including meat and dairy products,) spices, and sugar were ma erially larger than those of the pre ceding year. Raw and partially manu factured articles imported for use as manufacturers' materials show in creased importations, especially cop per, cotton, undressed furs, India rub ber, lead paper stock, raw silk, tin, unmanufactured tobacco, unmanufac tured wood, and unmanufactured wool. Coal importations are about $1,500,000 below the figures of last year. Volume of Exports On the export side there is a de crease of over $53,000,000 in agricul tural products. The less important classes, products of the forests and the fisheries, show a slight net de crease as compared with 1904. The articles showing the largest in creases in exportatlons during the eleven months of 1905 for wihch de tails are available are: Corn, an in crease of $16,000,000, as compared with the corresponding period of 1904; copper manufactures, an increase of $25,000,000, about one-third being in exports to China, where large amounts of copper are in demand for coinage purposes; cotton manufacturers,- an increase of twenty-two millions, prin cipally in exports of cotton cloths to China; raw cotton, an increase of nine millions (during the twelve months;) iron and steel manufactures, an in crease of twenty-three millions; hops, two and one-third millions; leather and manufactures thereof, three mil lions; oil cake and meal, four millions; oils, mineral and vegetable, five mil lions; rice, two millions; spirits, wines, and malt liquors, an increase of a half million dollars; and wood manufactures, an increase of less than a half million dollars. Much Less Wheat The principal articles showing de creased exports are wheat, a reduc tion of $32,000,000 (twelve month's figures,) wheat flour,' $28,000,000 (twelve month's figures;) fruits and nuts, five millions; provisions, five millions (twelve month's figures;) and unmanufactured wood, a decrease of six and one-half millions. The re duction in exports of wheat and wheat flour was due t part to the in adequacy of the domestic crop to furnish any considerable surplus over the home requirements amd in part to unusually large crops in foreign wheat-producing countries. Exports from the United States of wheat, dur ing the fiscal year just ended, have been even lower thand uring the year before. In the two foremost European grain markets, the British and the German, the leading position has been taken by wheat of Russian and Ar gentine origin, wheat imports from the United States showing unusually low figures for the period under consideration. 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Write for it. Brail 4$n Havden Bros. ta I ftftftftftftftftftftftftft European travels, Lectures, Speeches i By William J. Bryan A New Book Entitled Under Other Flags This book is a compilation of Mr. Bryan's reports, describing his Euro pean tour and a number of his most popular lectures. His European letters are fourteen in number, descriptive of the tariff rebate in England. Ireland and Her Leaders, France and Her People, The Switzerland Republic, Ger many and Socialism, Russia and Her Czar, "Tolstoy, the Apostle of Love," together with other and equally Interesting accounts of Mr. Bryan's trip abroad. The Thanksgiving Day Address delivered by Mr. Bryan at the banquet given by the American Society of London, Nov. 26, 1903, is printed in full. The letters from Cuba, written by Mr. Bryan, are reproduced in this volume. The address entitled "Patriotism" delivered by Mr. Bryan at the banquet given by the Cuban veterans to Governor General Wood is herein reproduced. Mr. Bryan's articles describing his first visit to Mexico also appears in "Under Other Flags." An article written by Mr. Bryan describing his sec ond visit to Mexico is another feature of this volume. "A Conquering Nation" is the title of a lecture delivered by Mr. Bryan at a number of chautauquas, and that lecture appears in full in "Under Other Flags." Other articles are as follows: "The Attractions of Farming;" an address entitled "Peace," which address was delivered by Mr, Bryan before the Holland Society in New York City, in January, 1904; Mr. Bryan's re sponse to the committee appointed to notify him of his nomination to the presi dency, and which response was entitled "Imperialism," and was delivered at Indianapolis, August 8, 1900; Mr. Bryan's speech at the St. Louis Conven tion in seconding Senator Cockrell's nomination, which speech was entitled "I Have Kept the Faith." An extract from a speech delivered by Mr. Bryan In Denver, January 17, 1899, which speech was entitled "Naboth's Vineyard," also appears in this volume. ' All of Mr. Bryan's most popular lectures appear in "Under-Other Flags." One of these lectures is entitled "Democracy's Appeal to Culture," and was delivered before the ATumnt Association of Syracuse University, in New York City, January 27, 1905. Another is the well known lecture entitled "The Value of an Ideal." "Under Other Flags" is well printed on good paper, and substantially bound. The sale of this volume has been very gratifying. Although the first edition appeared in December, the fifth edition is now ready for delivery. The volume of sales increases from day to day. Agents find the book an easy seller and order them in lots of from 25 to 100. Neatly Bound in Cloth 400 Page Octavo Under Other Flags, Postage Prepaid . . . $1.25 With The Independent One Year . . . . , $1.75 ...AGENTS WANTED... 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