, published
by the Department of Commerce and Labour. Bureau of the Census,
1904, Washington.
[290] Under the provisions of Articles XII., XIII. and XIV.,
Immigration Regulations for the Philippine Islands of June 7, 1899.
[291] _Vide_, Report of the Municipal Board of Manila for the fiscal
year ending June 30, 1904, p. 32.
[292] Report on the Commerce of the Philippine Islands, prepared in
the Bureau of Insular Affairs, War Department, Washington, 1903.
[293] The Japanese Government is making an effort to produce cane
sugar in Formosa sufficient for Japan's consumption.
[294] "Ever since the occupation of these Islands by the American army,
four years ago, the price of labour has steadily increased.... It is
needless to say that every industry will be profoundly affected by
this." _Vide_ Notes in "Monthly Summary of Commerce of the Philippine
Islands," May, 1903. Prepared in the Bureau of Insular Affairs,
War Department, Washington.
[295] _Vide_ statement of Governor W. H. Taft before the U.S. Senate,
January 31, 1902, in Senate Document No. 331, Part I., 57th Congress,
1st Session, p. 258.
[296] _Vide_ Report of the Moro Province for the fiscal year ending
June 30, 1904, p. 27.
[297] In the years 1888-97 the circulation of Mexican and
Spanish-Philippine dollars (pesos) was computed at about 36,000,000.
[298] The "International Banking Corporation": Capital paid up,
L820,000; reserve fund, L820,000. The "Guaranty Trust Company":
Capital, reserves, and undivided profits, about $7,500,000 gold.
[299] Shipments to Hong-Kong are often goods in transit for United
States.
End of the Project Gutenberg EBook of The Philippine Islands, by John Foreman
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