Report On the Financial And Industrial Conditions of the Philippine Islands

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3 8!^ 3 8 4 ...
3 8V 3 4j| 3 1% 2 S% 2 5 2 7% 2 4% s. d.
3 i% 3 4% 1878 1889 1879 1890 1880 1891 3 i% 3 uy„ 2 35I 2 *% 2 3H 2 iX 1 Ilk 1881 1892 1882 1893 1883 1884 1894 1895 1885 1896 1886 1897 1887 These figures represent the value of the Mexican silver dollar in shil- lings and pence during the period named.
The Philippine Islands are rich in natural products, and under favor- able laws, and with an influx of capital, there would unquestionably be a great increase in the material wealth of t
...he islands. There are cop- per, gold, iron, and coal deposits throughout the islands, which require only development to prove exceedingly profitable, accoiding to the opinion of expert mining engineers who have made a careful study of the situation.
It is almost impossible to conceive of a country which has been so long tinder the control of a European power remaining in the condition that exists in the Philippines. There is only one railroad in the islands, running from Manila to Dagupan, 192 kilometers in length, equaling 119.3 miles.


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