The Story of the Philippines and Our New Possessions, eBook

This eBook from the Gutenberg Project consists of approximately 617 pages of information about The Story of the Philippines and Our New Possessions,.

The Story of the Philippines and Our New Possessions, eBook

This eBook from the Gutenberg Project consists of approximately 617 pages of information about The Story of the Philippines and Our New Possessions,.

There has been no considerable development of manufacturing industries in the Philippines.  The only factories are those connected with the preparation of rice, tobacco and sugar.  Of the manufactures and arts, in which Japan so excels, there is no evidence.

The foreign commerce amounted, in 1894, to $28,558,552 in imports, and $33,149,984 in exports, 80 per cent, of which goes through Manila.  About 60 per cent. of the trade is carried in British vessels, 20 per cent. in Spanish and 10 per cent. in German.

The value of the commerce with other countries in 1894 was as follows: 

In Millions of Dollars (Silver).

Imports.       Exports. 
Spain                10.5           2.9
Great Britain         7.1           8.7
China                 4.6           6.8
Germany               1.9           —–­
Saigon                 .9           —–­
United States          .7           7.4
France                 .7           1.2
Singapore              .4           1.7
Japan                  .2           1.2
Australia              .1           2.6
Other Countries       1.5            .6
——­          ——­
25.6          33.1

It is interesting to note that next to Great Britain we are the largest customers of the Philippines, and that they export to us nearly three times as much as to Spain.  On the other hand Spain sells to the Philippines fifteen times as much as we do.

The articles of import and their value in 1894 were as follows: 

In Millions of Dollars (Silver).

Spain.  Great China.  Germany.  United Other Total. 
Britain.  States.  Countries
Cotton Goods 3.9 4.O .4 .3 —­ .7 9.3 Cotton Yarns 1.2 .9 .2 .1 —­ .1 2.5
Wines 1.8 —­ —­ —­ —­ .1 1.9
Russia. 
Mineral Oils —­ —­ .2 —­ .4 .8 1.4 Iron .2 .7 —­ .2 —­ .1 1.2 Rice —­ —­ 1.0 —­ —­ .1 1.1 Flour —­ —­ .7 —­ .2 —­ .9 Sweet Meats .5 —­ —­ —­ —­ .3 .8 Paper .4 —­ —­ .1 —­ .2 .7 Linen Goods .1 .1 .1 —­ —­ .3 .6 Hats .1 —­ —­ .3 —­ .2 .6 Other Articles 2.3 1.4 2.O .9 .1 .9 7.6
—­ —­ —­ —­ —­ —­ —­
10.5 7.1 4.6 1.9 .7 3.8 28.6

The articles of export and their value in 1894 were as follows: 

In Millions of Dollars (Silver).

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The Story of the Philippines and Our New Possessions, from Project Gutenberg. Public domain.