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Excerpt from Economic Resources and Development of the Philippine Island This is the first issue of a series of bulletins which the Philippine Commercial Agencies will publish from time to time. Its aim is to furnish those who are interested in the economic development of the Philippines with reliable data on the commercial and industrial develop ment of the country. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Excerpt from Reciprocity and the Philippine Islands Miscellaneous articles that belong in this table, but are not enumerated, will swell the total to in excess of six hundred million dollars. One cannot but be impressed by the virtual necessity, under the standard of living that now obtains in the United States, of practically all articles named above. And so essential are these things considered, and to such small extent is the United States able to produce them, that out of the entire list of 19 classesof commodities enumerated, comprising nearly 40 per cent of the total imports for the year, there are but two on which a duty is levied in the United States. The other seventeen enter free of duty no matter from what quarter they may come. If the United States were selling to those countries from which this tremendous flood of importations is pouring in each year, a proportionate amount of its own products, the commerce would stand on a satisfactory basis and there would be no occa sion for concern. But it is not selling them more than half as much as it buys from them and, unless conditions undergo a radical change, it never will. To the casual observer unacquainted with the actual figures and existing conditions, it would seem that the United States should supply to tropical and semi-tropical peoples a large share of their needs. The imports of such countries are made up for the most part of three principal groups of commodities, viz: Cotton goods, iron and steel manufactures and foodstuffs. Cot tons comprise approximately 30 per cent of the whole while iron and steel manufactures and {foodstuffs in varying propor tion, amount to nearly 50 per cent. With the superior advantages enjoyed by the United States in the production of such articles, it should be able to rival Ger many and Great Britain which are the most powerful compe titors for the world's commerce. But though sentiment and points of proximity and mutual interest may be favorable, it is not able to secure even a reasonable minor share of the trade in lines that it should, under ordinary rules, -control. How ever, the explanation of this is not difficult. For years the American manufacturer has been so entirely occupied with the work of supplying the home market which, on account of being highly protected, is vastly more profitable than the foreign, that he has lacked the time, if not the inclination, to cultivate the markets of other countries. The United States has been developing with such wonderful rapidity that the energy of its business elements has been taxed to the limits of their capacity in providing the requirements of the home field, and only dur ing periods of financial or economic depression has serious thought been given to the export trade. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from Selected Articles on Independence for the Philippines II. For economic reasons A. The cost of government is very great. B. The resources of the Islands are overestimated. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from Trade of the Philippine Islands The following summary statement includes all the official statistics1 that could be collated regarding the value of the annual imports and exports of the Philippine Islands. The original returns, given in Mex ican dollars, or pesos,2 are accompanied by their equivalent values in United States money. The statement is as follows: Value of the imports and exports of the Philippine Islands during certain calendar years from 1810 to 1894, inclusive. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.