Our island empire; a hand-book of Cuba, Porto Rico, Hawaii, and the Philippine Islands (1899) (14759136396)

Identifier: ourislandempireh01morr (find matches)
Title: Our island empire; a hand-book of Cuba, Porto Rico, Hawaii, and the Philippine Islands
Year: 1899 (1890s)
Authors: Morris, Charles, 1833-1922
Subjects:
Publisher: Philadelphia, J.B. Lippincott Company
Contributing Library: The Library of Congress
Digitizing Sponsor: Sloan Foundation



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enue for 1896 amounted to$1,997,818; expenditures to $1,904,191. The chiefsources of revenue were: customs, $656,896; taxes,$706,542; internal revenue, $168,384. The rulingrates of interest range from five to twelve per cent. The revenue of the islands is likely to increase con-siderably under their new relations and the growingdevelopment of their resources, which are as yet intheir infancy. Sugar is the only product to whichmuch attention has been paid, and in whose culturecapital has been largely invested. The cultivation ofcofifee is a rapidly growing industry, and this crop bidsfair to gain a large development In the coming years.Other products of commercial value are likely to at-tract attention. A large area of arable land remains 21 322 OUR ISLAND EMPIRE. to be utilized; and the early years of the twentiethcentury will doubtless show so considerable an in-crease of Hawaiian production and commerce as tomake this new accession to the United States one ofgreat and growing value.
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