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The Philippine Islands Page 196

Author:
Lala, Ramon Reyes
Publication Info:
New York: Continental publishing company, 1899, pg 196

Text on page 196

196 The Philippine 'Islands. nuts, $356,000. This fell off greatly in 1896, on account of the increased scale of export duties, hemp declining to $7,500,000, and sugar to $10,975,000. On August 21, 1897, a decree went into effect that imposed an extraordinary customs duty of 6 per cent, ad valorem on all merchandise imports, without regard to the country whence they came. a water-carrier and customer. The trade of the United States with the Philippines has been steadily on the decline within recent years. In 1888 their imports from the islands were valued at $10,268,278 ; in 1897, at $4)383,76o. The export trade has always been insignificant, asThe trade of the United States with the Philippines has been steadily on the decline within recent years. In 1888 their imports from the islands were valued at $10,268,278 ; in 1897, at $4)383,76o. The export trade has always been insignificant, as
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