[2] The Japanese Government is making an effort to produce cane sugar in Formosa sufficient for Japanʼs consumption.
[3] “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.
[4] 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.
[5] Vide Report of the Moro Province for the fiscal year ending June 30, 1904, p. 27.
[6] In the years 1888–97 the circulation of Mexican and Spanish-Philippine dollars (pesos) was computed at about 36,000,000.
[7] The “International Banking Corporation”: Capital paid up, £820,000; reserve fund, £820,000. The “Guaranty Trust Company”: Capital, reserves, and undivided profits, about $7,500,000 gold.
Trade Statistics
Total Import and Export Values (exclusive of Silver and Gold)