Progress of the United States in its Arca, Population, and Material Industries.-Continued. Imports of merchandise. Per capita Imports-Silk, raw Domestic exports-Iron, steel, and Farm animals, value. Production of gold. Railways in the United States, their capital stock and dividends, debt and rate of interest paid, passengers and freight carried, and rates received per mile for same, earnings per mile of road, and percentage of expenses to earnings, from 1883 to 1902. [Compiled from Poor's Railway Manual.] *Democratic and low-tariff years. For table showing railways under receivership and sold under foreclosure, see opposite page. Financial and commercial statistics of the principal countries of the world in latest available year (1902 in most instances). TTV VALUE TO LABOR OF THE DEVELOPMENT OF OUR IRON AND STEEL INDUSTRIES. the figures being a part of the official report of the United States the iron and steel industry is illustrated by the following table. to $132,000,000 in 1900. The growth and importance to labor of ture in the United States have increased from $40,000,000 in 1870 ized that the wages and salaries paid in iron and steel manufacsteel industry under protection will be apparent when it is realests of the United States of the development of the iron and The value to labor and to the industrial and commercial inter Census of 1900: Iron and steel manufacturing: comparative summary, 1870 to 1900, with per cent of increase for each decade.1 1 This summary includes only active establishments for 1880, 1890, and 1900; such establishments 2 For explanation of the apparent discrepancies in the data for 1870 and 1880, see remarks, page 4 Not reported separately. 5 Not reported. Roosevelt's speech of acceptance. We have made the deed square with the word.-From President down as vital.—From President Roosevelt's speech of acceptance. every principle which, during the last eight years, they have laid Our opponents, if triumphant, may be trusted to prove false to Twenty years of production of iron and steel in the United States under the protective system, showing decrease in prices to home consumers, reduction in importations, and increase in exportations. [From official reports of Treasury, Bureau of Statistics.] of manufacture. the charge that the tariff is prohibitive is not sustained by the production, caused a large increase in importation, showing that great home demand in 1903, which was in excess of the home has reduced the price of both the lower and the higher grades highly protected article the competition within the United States of manufacture. Attention is called to the fact that in this to 1903, the imports and exports, and the prices of certain grades This table shows the production of iron and steel from 1880 Attention is also called to the fact that the Under Increased Production. Iron and Steel Production in the United States and Fall of Prices experience of the year. a Not made in commercial quantities in the United States before 1887. *Democratic and low-tariff years. |