Spain   Great   China   United  Austra- Other     Total
Britain         States  lia     Countries
Hemp                —­      5.3      .9     6.6      .6     1.1 [2]   14.5
Sugar                .4     2.7     4.O      .7     1.9     1.3 [3]   11.O
Man’f.  Tobacco       .2      .1      .7      ..      .1      .7 [4]    1.3
Leaf Tobacco        1.1      ..      ..      ..      ..      .3        1.4
Coffee               .3      ..      .1      ..      ..      ..         .4
Cocoanuts            ..      .6      .1      ..      ..      ..         .7
Other Articles       .9      ..      1.O      .1     ..     1.3        3.3
—­      —­      —­      —­      —­      —­         —­
2.9     8.7     6.8     7.4     2.6     4.7       33.16

With these islands in our possession and the construction of railroads in the interior of Luzon, it is probable that an enormous extension could be given to this commerce, nearly all of which would come to the United States.  Manila cigars of the best quality are unknown in America.  They are but little inferior to the best of Cuba, and cost only one-third as much.  The coffee industry can be revived and the sugar industry extended, mainly for consumption in the far East.  The mineral resources can be explored with American energy, and there is every reason to believe that when this is done the deposits of coal, iron, gold and lead will be found very valuable.  On the other hand, we ought to be able to secure the greater part of the trade which now goes to Spain in textile fabrics, and a considerable portion of that with England in the same goods and in iron.

Revenue and Expenses.

The budget for the fiscal year ending June 30, 1897, was as follows: 

    Income.

    1st.  Direct Taxes $8,496,170
    2nd.  Indirect Taxes (Customs) 6,200,550
    3rd.  Proceeds of Monopolies 1,222,000
    4th.  Lottery 1,000,000
    5th.  Income of Government Property 257,000
    6th.  Sundry Receipts 298,300
          
                                   -----------
    Total $17,474,020

Expenses.

1st.  General Expenses, Pensions and Interest $1,506,686
2nd.  Diplomatic and Consular Service 74,000
3rd.  Clergy and Courts 1,876,740
4th.  War Department 6,035,316
5th.  Treasury Department 1,392,414
6th.  Navy Department 3,562,716
7th.  Civil Administration 2,195,378
8th.  Education 614,395
-----------
Total $17,258,145

The Direct Taxes were as follows: