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Material Information
- Title:
- Annual report of the Chief of the Bureau of Insular Affairs
- Series Title:
- Annual reports, War Department
- Creator:
- United States -- Bureau of Insular Affairs
- Place of Publication:
- Washington
- Publisher:
- G.P.O.
- Frequency:
- Annual
regular
- Language:
- English
- Physical Description:
- v. : ; 22 cm.
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- Subjects / Keywords:
- Insular possessions -- Periodicals -- United States ( lcsh )
- Genre:
- federal government publication ( marcgt )
serial ( sobekcm )
Notes
- Dates or Sequential Designation:
- 1924-
- Numbering Peculiarities:
- Report year ends June 30.
Record Information
- Source Institution:
- SOAS, University of London
- Rights Management:
- All applicable rights reserved by the source institution and holding location.
- Resource Identifier:
- 557807 ( ALEPH )
OCM03883729 ( OCLC ) sn 84032311 ( LCCN )
- Classification:
- HB325.3 ( ddc )
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ANNUAL REPORTS - - - WAR DEPARTMENT
ANNUAL REPORT OF THE
CHIEF OF THE BUREAU OF
INSULAR AFFAIRS - 1934
ANNUAL REPORTS, WAR DEPARTMENT
FISCAL YEAR ENDED JUNE 30,1934
ANNUAL REPORT
OF THE
CHIEF OF THE BUREAU OF
INSULAR AFFAIRS
1934
UNITED STATES
GOVERNMENT PRINTING OFFICE
WASHINGTON : 1934
For sale by the Superintendent of Documents, Washington, D. C.
Price 5 cents
ANNUAL REPORT
OF THE
CHIEF, BUREAU OF INSULAR AFFAIRS
War Department,
Bureau of Insular Affairs,
October 5, 1934.
The Secretary of War.
Sir: I have the honor to submit the following report of the Bureau
of Insular Affairs for the fiscal year ending June 30, 1934.
THE PHILIPPINE ISLANDS
CONGRESSIONAL CONSIDERATION OF PHILIPPINE QUESTIONS
The second session of the Seventy-third Congress, which convened
on January 3, 1934, had under consideration a number of bills of vital
importance to the Philippine Islands. Among those enacted into
law were the Philippine Independence Act (Public, No. 127); the
Revenue Act of 1934 (Public, No. 216) containing provisions imposing
a tax on coconut oil; the Jones-Costigan Sugar Act (Public, No. 213),
making sugar beets and sugarcane basic agricultural commodities;
Public, No. 304 relating to deposits in the United States of public
moneys of the government of the Philippine Islands; and Public, No.
419 relating to Philippine currency reserves on deposit in the United
States.
The Philippine Independence Act (Public, No. 311, 72d Cong.),
known as the “ Hawes-Cutting Actâ€, enacted January 17, 1933, was
rejected by a concurrent resolution of the Philippine Legislature on
October 17, 1933, which declined to accept the act because “in the
opinion of the legislature, the law does not satisfy the national aspira-
tions nor does it safeguard the welfare of the Filipino people or the
stability of the social, economic, and political institutions of their
country;†and because of specific objections to provisions of the act
relative to immigration, military and other reservations, powers of the
high commissioner, and trade relations between the islands and the
United States. The act lapsed on January 17, 1934, 1 year after its
enactment by Congress.
The Philippine Legislature, in the concurrent resolution rejecting
the Hawes-Cutting Act, also named a legislative committee to come
to the United States and “express to the Government and people of
the United States the objections to the said law and the reasons
therefor, and petition the President and the Congress of the United
States for changes therein or the enactment of such new legislation
1
2
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
as will fully satisfy the aspirations of the Filipino people to become
at the earliest practicable date a free and independent nation, under
conditions and circumstances that will not imperil the political, social,
and economic stability of their country.†This committee arrived in
the United States in November 1933, and for the next several months
directed its efforts toward securing the enactment of further inde-
pendence legislation along lines that would be more acceptable to the
Filipino people. (See appendix H.)
The Philippine Independence Act (Public, No. 127) enacted by the
Seventy-third Congress, and commonly known as the “Tydings-
McDuffie Actâ€, was approved by the President on March 24, 1934.
Under the provisions of section 17 the act became effective upon its
acceptance by the Philippine Legislature on May 1,1934. The Philip-
pine people are now carrying out the further steps provided in the act,
the initial one being the election of delegates to a constitutional conven-
tion. This election was held on July 10. At the time of writing this
report, the convention, which assembled on July 30,1934, is engaged in
drafting the constitution for the government of the Commonwealth
of the Philippine Islands.
One of the provisions of the Independence Act that became imme-
diately effective upon its acceptance was that contained in section 8
relating to immigration of Filipinos to the United States which places
them on the status of aliens as regards entry into the United States,
and allots to the Philippine Islands a quota of 50 for each fiscal year.
The Revenue Act of 1934 (sec. 602K) imposes a tax of 3 cents per
pound on the processing of Philippine coconut oil in the United
States. It was believed when the legislation was under consideration
that this tax would prove to be very detrimental to the coconut
industry of the Philippine Islands which vitally affects fully one-
fourth of the population. It is too early to measure the effect of this
tax on the coconut industry.
Public, No. 213, Seventy-third Congress, approved May 9, 1934,
amends the Agricultural Adjustment Act by making sugar beets and
sugarcane basic agricultural commodities. Under this act measures
are being taken for reduction in sugarcane acreage in the Philippine
Islands that will establish for 1935 a limitation in the production of
Philippine sugar below the level of the quota allowed free entry into
the United States under the provisions of the Independence Act.
This means a reduction in sugar production within a single year of
more than one-third of the amount produced in 1933.
The above laws present problems of the most vital and far-reaching
nature to the people of the Philippine Islands. Not only are the
Filipino people occupied with the task of drafting a constitution for
the government of the Commonwealth as provided in the Independ-
ence Act, but they are confronted with the problems created by these
new laws affecting their most important products and changing in
some measure the implied agreements of the Independence Act.
Public, No. 419, Seventy-third Congress, approved June 19, 1934,
was enacted for the purpose of reestablishing the currency reserves of
the Philippine Islands deposited in banks in the United States at
their gold value prior to January 31, 1934. The amount of these
funds on deposit as of the date of the devaluation of the dollar (Jan.
31, 1934) was $56,276,056.92. Under an act of Congress (Public,
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 3
No. 137) approved March 2, 1903, the exchange value of the Philip-
pine peso was definitely fixed in its relation to the value of the United
States dollar. Consequently, the currency reserves deposited in the
United States have been regarded by the Philippine government as
the equivalent of gold reserves, and that government requested that
they be maintained on that basis. Congress recognized the equity
of this claim in the enactment of Public, No. 419, which is designed
to reestablish these Philippine currency reserves at their gold value
prior to January 31, 1934.
THE PHILIPPINE LEGISLATURE
The following act, containing provisions the legal effect of which
was contingent upon the prior approval of the President of the
United States, received that approval:
Act No. 4124, an act amending the Philippine Tariff Act of 1909, as amended,
by reducing the duty on preserved vegetables and paprika, and adding cider to
the dutiable list.
ELECTIONS
Of particular interest is the result of the regular triennial general
election held in June 1934. The campaign was bitterly contested and
centered around two opposing groups. One group, known as the
“Prosâ€, under the leadership of Senator Sergio Osmena and Repre-
sentative Manuel Roxas, former Speaker of the Philippine House of
Representatives, had favored the acceptance of the Hawes-Cutting
Independence Act; the other, the “Antisâ€, under the leadership of
Hon. Manuel L. Quezon, senate president, had opposed the accep-
tance of that act. At the special session of the Philippine Legislature,
held on May 1, 1934, all factions of Filipinos united in accepting the
Tydings-McDuffie Act. Accordingly, the election on June 5 hinged
on the question of personal leadership rather than on political issues.
GENERAL CONDITIONS
Gov. Gen. Frank Murphy reports that on his arrival in Manila in
June 1933 to take over the duties of Governor General, conditions in
the islands were in many respects highly satisfactory. Peace and
order prevailed, the public health was good, and there was general
freedom from suffering due to individual want and destitution such as
was widely prevalent in other lands. However, the islands were not
free from the pinch of the economic depression which had resulted in
a large decrease during recent years m the prices of the principal
products of the islands. In the financial administration of all branches
of the government there was a serious trend toward lower revenues
without a complementary decrease in expenditures.
The finances of the government were basically in good condition.
Sinking funds and currency reserves had been adequately maintained,
but the accumulated surplus was being heavily drawn upon to help
defray the general expenses of the government. It was obvious that
in the face of continually declining revenue, this could not be permitted
to continue without undermining the government's credit. This con-
dition was viewed by the Governor General as the most pressing
problem confronting the government and he addressed himself ener-
4
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
ge tic ally to the task of reducing expenses to actual income. An
effective central control was immediately established and every pos-
sible economy effected. A central efficiency and economy committee,
with subcommittees in each department, was set up for recommending
details of economy and improved methods. An important reduction
was secured through the exercise of the Governor General's adminis-
trative option, withholding release of funds appropriated in the Public
Works Act of 1933 for purposes that were not absolutely necessary.
In this connection the Governor General states that he had the coop-
eration of the Ninth Philippine Legislature, which declined to pass an
appropriation bill of this nature (commonly referred to as the “pork
barrel â€) for the calendar year 1934. The budget was balanced
without resort to new taxes.
The Governor General reports that within the central government
every department and every bureau lived within its income and
closed with a surplus, and that throughout the provinces there was
definite improvement in fiscal affairs.
An effort was made to decrease agrarian troubles and to improve
the standard of living among farm tenants and small farmers by the
promotion of rural gardening projects. More than 250 gardens were
established. These demonstrations were a marked success and the
wrnrk of the rural improvement committee will be continued during
the current year with a view to instituting similar projects in other
municipalities and extending the work to selected parts of the islands.
Enrollment in the public schools remained practically the same as
the previous year. The principal problem connected with education
is the increasingly pressing one of financial support. The system of
education that was established at the very beginning of the American
regime has proven immensely popular with the people of the Philip-
pine Islands, and the enrollment in the public schools numbered
1,204,375 for the school year 1932-33. Despite this growth, however,
the Philippine government is providing school facilities for only about
37 percent of the children of school age, although about one-third of
the government expenditures is devoted to education. The appoint-
ment of American teachers in the islands has practically been dis-
continued, no appointments having been made since 1932.
FINANCES
The total receipts and expenditures for the fiscal (and calendar)
year 1933 are shown in appendix D.
The central government during 1933 realized from all sources a
total income of $35,012,966.90, a decrease of $2,345,419.23 from 1932.
The total expenditures for the year amounted to $34,767,514.93, a
decrease of $5,080,928.68 from the expenditures made in 1932.
The current general fund surplus as of December 31, 1933, was
$15,003,339.37, an increase of $708,006.42 from the corresponding
balance on December 31, 1932.
The total current surplus (general, special, and bond funds) as of
December 31, 1933, was $33,612,013.59 compared with $33,366,561.62
in 1932, an increase of $245,451.97. This amount represents the
excess of income over expenditures for the fiscal year.
The invested surplus on December 31, 1933, amounted to $49,700,-
229.70, as compared with $45,813,449.33 for the previous year, an
increase of $3,886,780.37.
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 5
Bonded indebtedness.■—During the fiscal year 1933, $638,850 par
value of collateral bonds, secured by bonds of like amount of the prov-
ince of Occidental Negros, were sold in the Philippine Islands by the
insular government. During the same period $2,086,000 insular
bonds and $238,000 of provincial and municipal bonds were canceled,
making a net reduction in the total outstanding bonded indebtedness
of the Philippine Islands of $1,685,150 for the year 1933. On Decem-
ber 31, 1933, the outstanding bonded indebtedness of the insular
government amounted to $62,148,850 and that of its provinces and
municipalities to $9,336,850, or a grand total of $71,485,700. If from
this total there be deducted collateral bonds with a face value of
$6,797,850, issued against provincial and municipal bonds, and the
cash and investments accumulated in the various sinking funds, the
resulting net balance of insular bonded indebtedness as of December
31, 1933, will be $52,640,981.10.
In appendix D of this report, the statement of the bonded indebted-
ness is carried forward to June 30,1934. The amount of the outstand-
ing indebtedness is well within the limits provided by law, and the
prescribed sinking funds are fully maintained for all outstanding
bonds.
Deposits oj Philippine public funds in the United States.•—The total
of the deposits of Philippine public funds in the United States on
December 31, 1933, amounted to $68,119,474.07. During the year
$2,551,67 was received in partial satisfaction of outstanding claims
against closed banks, and on December 31, 1933, there remained only
$66,425.56 outstanding from one national bank still in process of
liquidation. In January 1934 a payment of $50,062.50 was made by
this bank which reduced the outstanding claim to $16,363.06.
Government-owned companies.■—The Philippine National Bank
showed an increase in its net earnings during the year 1933 as com-
pared with the year 1932. The sugar centrals controlled by that
bank made a substantial reduction in their indebtedness, leaving a
net balance of $6,551,898.90 due the bank at the end of the year 1933.
The Manila Railroad Co. showed a small net income in the year
1933 as compared with a deficit for the year 1932.
The Cebu Portland Cement Co. is reported to have ended the year
in sound financial condition.
Provincial and municipal governments.—The finances of the pro-
vincial and municipal governments are reported to be in better shape
for the year 1933 than in L932.
Altogether the financial structure of the Philippine government in
all its elements appears to be in a sound condition. In the case of the
insular government and most of the provinces expenditures have been
kept within the limits of the income and budgets have been balanced.
The Governor General has consistently urged economy in the govern-
ments of the municipalities as well as in the affairs of the insular
government.
TRADE
The total external trade of the Philippine Islands with the United
States and foreign countries amounted to $180,451,815, an increase of
$5,718,649 or 3% percent over 1932. Exports were valued at $105,-
771,053, increasing 11 percent, while imports amounting to $74,680,-
762 decreased 6 percent. A commodity trade balance of $31,090,291
6
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
in favor of the islands, the largest since 1928, is shown as compared
with $15,942,996 for 1932. As in previous years this favorable
balance is the direct result of the usual large favorable balance of trade
with the United States, amounting in 1933 to $47,771,620.
Of the total external trade, about 75 percent, amounting to $134,-
853,434, was with the United States. Purchases from the United
States were valued at $43,540,407, representing 58 percent of the total
imports into the islands as compared with 65 percent purchased from
the United States in 1932. Shipments to the United States amounted
to $91,313,027, approximately 87 percent of the total exports from
the islands, and represent an increase of 10 percent for 1933 over ship-
ments to the United States in 1932.
With the exception of tobacco, increased trade is shown in all major
agricultural items of export. Shipments of sugar, again constituting
more than three-fifths of the total export trade of the islands, in-
creased from 1,000,506 long tons, valued at $59,801,885, to 1,061,610
long tons, valued at $64,333,426, practically all going to the United
States. Coconut products, consisting of copra, coconut oil and
desiccated coconut, shipped during the year, amounted to approx-
imately a fifth of the value of all exports. These products, with the
exception of a third of the copra exports which was marketed in foreign
countries, were all sent to the United States. (See appendix C.)
Trade reports for the period January to June 1934, 6 months follow-
ing the close of the last calendar (fiscal) year, indicate increased value
of trade in both imports and exports, as compared with the corre-
sponding period of 1933.
FILIPINO EMIGRATION TO THE UNITED STATES AND HAWAII
Reports relative to the emigration of Filipinos to the United States
show that during the 2 years 1932 and 1933 a greater number of Fil-
ipinos left the continental United States for the islands than arrived
in the United States during the same period. . Similarly, the number
of departures from the Territory of Hawaii for the Philippine Islands
was very much greater than the number of arrivals in that Territory.
The census of 1930 showed a total of 45,208 Filipinos in the con-
tinental United States, about 35,000 being in the Pacific Coast States.
During the 3 fiscal years 1932, 1933, and 1934, departures from the
United States exceeded arrivals by 3,114. In the Territory of Hawaii
departures exceeded arrivals during the same period by 11,984.
(See appendix I.) This tendency of Filipinos to return to the Philip-
pine Islands has been brought about by unfavorable conditions of
employment in the United States during this period. The dissemina-
tion of this information within the Philippines has doubtless been the
principal reason for the reduced number of departures from the
islands.
CHANGES IN OFFICIAL PERSONNEL
The following changes have occurred among officials of the govern-
ment of the Philippine Islands appointed by the President:
The resignation of Hon. John H. Holliday as Vice Governor and
secretary of public instruction became effective September 1, 1933.
He was succeeded by Hon. J. Ralston Hayden, who took the oath of
office on November 7, 1933, arriving at Manila on December 23, 1933.
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 7
Hon. J. Weldon Jones was appointed insular auditor, taking the
oath of office on November 6, 1933, arriving at Manila December 23,
1933.
Hon. Anacleto Diaz was appointed Associate Justice of the Supreme
Court of the Philippine Islands, vice Hon. Ignacio Villamor, whose
death occurred May 23, 1933. Justice Diaz took the oath of office on
November 20, 1933.
Hon. Leonard S. Goddard was appointed Associate Justice of the
Supreme Court of the Philippine Islands, vice Hon. James A. Ostrand,
whose resignation became effective June 30, 1933. Justice Goddard
took the oath of office January 9, 1934.
PUERTO RICO
CONGRESSIONAL CONSIDERATION OF PUERTO RICAN QUESTIONS
In appendix A of this report there is listed legislation of special
interest to Puerto Rico enacted during the second session of the
Seventy-third Congress. The more important measures are the
Jones-Costigan Act amending the Agricultural Adjustment Act
making sugar beets and sugarcane basic agricultural commodities,
the act repealing the Federal liquor prohibition laws in force in
Puerto Rico, and the act ratifying the action of the Puerto Rican
Legislature imposing an import duty on coffee imported into Puerto
Rico.
GENERAL CONDITIONS
Although the general economic situation in Puerto Rico continues
to present serious difficulties, there are a number of factors that indi-
cate substantial improvement during the period covered by this
report. This improvement is evidenced by an increase both in vol-
ume and value of the external trade, in prices received for the principal
exports from the island, and by the general improvement in the fiscal
affairs of the island. Progress toward recovery has been greatly
aided by liberal assistance from the Federal Government with funds
provided by the Public Works Administration, the Federal Emer-
gency Relief Administration, the Civilian Conservation Corps, and
from loans by the Reconstruction Finance Corporation to the city of
San Juan.
The first step in carrying out the provisions of the Jones-Costigan
Act, amending the Agricultural Adjustment Act, approved May 9,
1934, was fixing quotas for all areas supplying sugar to the United
States market. The 1934 quota of sugar for Puerto Rico of 803,000
short tons falls far below the current level of production. This
necessitates an immediate large reduction in the sugar output of the
island and the working out of the many interrelated problems grow-
ing out of the readjustment of the sugar industry.
Under the National Industrial Recovery Act the established policy
is to bring under code agreements industries in Puerto Rico that are
competitive with industries of the mainland. Local industries that
are not competitive with mainland industries may enter into local
code agreements. To date it is understood that the only code which
has been completed in Puerto Rico is the one governing the needle-^
work industry.
91661—34-2
8 REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
GENERAL FINANCIAL CONDITIONS
The revenue receipts of the year showed an increase in collections of
$221,063.89 over the original estimate of the treasurer on which the
financial program for the year was based, and an increase of
$1,896,705.67 over actual collections for the fiscal year 1932-33.
The original estimate of revenue made by the treasurer was
$11,050,000, but actual collections amounted to $11,271,063.89.
These increases in collections were due largely to revenue derived from
the gasoline and liquor laws, to the collection of income taxes resulting
from investigation of past years’ returns, and to increased collections
of property taxes. The increase in revenue due to the repeal of pro-
hibition compensated in large measure for the loss of customs duties
caused by the discontinuance of sugarcane importations from Santo
Domingo.
General fund of the insular treasury.—Cash receipts and disburse-
ments under the general fund for the fiscal year 1933-34 are summar-
ized as follows in the annual report of the treasurer of Puerto Rico:
Balance on hand July 1, 1933___________________________________ $601, 506. 14
Total receipts into general fund_______________________________ 13, 726, 192. 25
Total general fund resources for the year_______________ 14, 327, 698. 39
Total disbursements and transfers___________________________;__ 14, 182, 927. 17
Balance on hand June 30, 1934___________________________ 144, 771. 22
Current assets payable to general fund_________________________ 286, 068. 72
Total current assets____________________________________ 430, 839. 94
Total of carry-over appropriation liabilities to fiscal year 1934-35- 709, 823. 78
Total deficit, fiscal year 1933-34______________________ 278, 983. 84
At the end of the previous fiscal year a deficit of $1,083,263.28 in
the general fund was shown over total current assets. This deficit
was reduced during the fiscal year 1933-34 by $804,279.44 which
indicates a marked improvement in the financial operations of the
year.
Notes payable.—The balance of notes payable as of June 30, 1934,
amounts to $863,494.54. The balance as of June 30, 1933, was
$1,173,494.54. The net change represents a decrease in outstanding
indebtedness under “ Notes payable †in the amount of $310,000. The
important items are temporary loans for a total of $2,400,000 con-
tracted as advances of taxes to meet government obligations. At the
close of business June 30, 1934, $2,250,000 of these $2,400,000 loans
had been repaid and the remainder was renewed into the first half of
the new fiscal year.
Bonded indebtedness.—The bonded indebtedness of the government
of Puerto Rico amounted to $27,875,000 on June 30, 1934, compared
with $28,542,000 on June 30, 1933. Bonds in the total amount of
$212,000 were issued during the year; bonds in the total amount of
$879,000 were redeemed during the year. The net decrease in the
bonded indebtedness for the year was $667,000. The balance of the
redemption fund as of June 30, 1934, was $1,235,174.14, while on
June 30, 1933, these funds amounted to $1,286,793.75, or a decrease
for the year of $51,619.61. Taking into consideration both bonds
outstanding and sinking funds, there is indicated a net decrease of
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
9
$615,370.39 in the funds required to satisfy the principal of the
bonded indebtedness.
The net bond interest charges during the year were $1,302,758.75
which, together with the amount of $75,411.41 paid as interest on
bank loans, resulted in a total interest cost during the fiscal year of
$1,378,170.16. This was an increase of $5,670.97 in the interest costs
for the fiscal year 1933-34 as compared with the fiscal year 1932-33.
Insular emergency jund.—The status of the insular emergency fund
on June 30, 1934, w~as as follows:
Cash balance June 30, 1934_________________________________$106, 500. 09
Accrued resources (emergency fund loans)___________________ 492, 251. 83
General fund loans_________________________________________ 290, 359. 99
Total_______________________________________________ 889,111.91
The insular emergency fund as of June 30, 1933, amounted to
$936,347.81, showing a decrease of $47,235.90 at the end of the fiscal
year 1933-34.
Financial progress.—Considering the general fund, notes payable,
the bonded indebtedness, and the insular emergency fund, the gov-
ernment of Puerto Rico shows financial progress for the fiscal year
ending June 30, 1934, of $599,160.65, arrived at as follows:
Progress:
Notes payable______________________________$310, 000. 00
Bonded indebtedness________________________ 667, 000. 00
------------- $977, 000. 00
Retrogression:
General fund_______________________________ 278, 983. 84
Decrease in sinking funds___________________ 51, 619. 61
Decrease in insular emergency fund__________ 47, 235. 90
-------------- 377, 839. 35
Net progress__________________________________________ 599, 160. 65
Activities oj Federal emergency agencies.—During the fiscal year
ending June 30, 1934, the island has had the benefit of funds allocated
by the various agencies of the Federal Government as follows:
Public Works Administration_______________________________$2, 241, 409
Federal Emergency Relief Administration___________________ 8, 185, 201
Reconstruction Finance Corporation________________________ 1, 660, 000
Civilian Conservation Corps________________________________ 334, 200
Total. ____________________________________________ 12,420,810
The beneficial effect of the expenditure of these funds is reflected
in some measure by the increased volume of external trade and in the
improved fiscal condition of the insular government.
Funds from the Public Works Administration have been devoted to
the improvement of Mayaguez Harbor; the reclamation of malarial
swamp areas in San Juan, Playa Ponce, and Salinas; the construction
of municipal and insular roads, and insular road bridges.
Funds from the Reconstruction Finance Corporation have been
devoted to the extension of the San Juan waterworks system and to
an emergency relief loan to the government of Puerto Rico.
Further data regarding the revenues and financial condition of the
insular government appear in appendix F.
Municipalities.—During the fiscal .year the total indebtedness of
the municipalities decreased by $202,727.94, and on June 30, 1934,
amounted to a total of $17,636,730.38.
10 REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
Banking.—At the end of the fiscal }^ear the condition of the domestic
banks and foreign banks doing business in Puerto Rico was satisfac-
tory, although there were two domestic institutions which were still
laboring under difficulties as a result of frozen assets and of losses
suffered during the early period of the depression.
EXTERNAL TRADE
During the year ended June 30, 1934, the total trade with the
United States and foreign countries amounted to $150,148,233, an
increase of $19,996,067, or slightly more than 15 percent above the
$130,152,166 trade of last year. This increase in external trade was
about evenly divided, imports of $64,134,937 being $9,389,226 above
the previous year and exports $86,013,296, an increase of $10,606,841.
The favorable commodity trade balance of $21,878,000 was $1,218,-
000 in excess of last year. Substantial recovery in leaf tobacco and
embroidery shipments is shown. Sugar shipments, although some-
what less in volume than in the year ended June 30, 1933, showed a
substantial increase in value due to the higher price received.
Trade with the continental United States represented 94 percent
of the total external trade. Shipments to the United States were 97
percent of exports, with consignments from the United States approxi-
mating 90 percent of total imports. (See appendix E.)
PUERTO RICAN HURRICANE RELIEF COMMISSION
During the fiscal year 1934 the Puerto Rican Hurricane Relief
Commission continued its work of distributing seeds and seedlings,
and of supervising its loans. The total expenditures of the Commis-
sion up to June 30, 1934, amounted to $10,049,287.57, of which
$36,414.53 pertained to the fiscal year 1933-34.
Expenditures have been distributed as follows:
Reconstruction and repair of schoolhouses__________.__________$1, 422, 820. 16
Repair and construction of municipal roads____________________ 1, 310, 073. 28
Repair and construction of insular roads______________________ 1, 234, 282. 79
Distribution of seeds and seedlings___________________________ 92, 894. 94
General expenses______________________________________________ 42, 963. 21
Loans on farms________________________________________________ 5, 946, 253. 19
Total_________________________________________________ 10; 049, 287. 57
The initial expenditures have been made and expenditures that now
continue are from a revolving fund created by payments made on w
loans on farms.
TRANSFER OF THE ADMINISTRATION OF THE CIVIL AFFAIRS OF PUERTO
RICO TO THE DEPARTMENT OF THE INTERIOR
The administration of the civil affairs of Puerto Rico was transferred
from this Bureau to the newty created Division of Territories and
Island Possessions of the Department of the Interior by Executive
Order No. 6726, dated May 29, 1934. The transfer was completed on
July 29, 1934, and included the transfer of eight civilian employees of
the Bureau, together with the records, supplies, equipment, and
property, and unexpended balances of appropriations pertaining to
the administration of the affairs of Puerto Rico. At the same time,
upon the suggestion of the Secretary of War as a matter of practical
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 11
convenience in administration, the office of the Secretary of the Puerto
Rican Hurricane Relief Commission, which had previously been
administered in this Bureau, was transferred to the new Division of
Territories and Island Possessions of the Department of the Interior.
CHANGES IN OFFICIAL PERSONNEL
The following changes have occurred among officials of the govern-
ment of Puerto Rico appointed by the President of the United States:
Hon. Robert H. Gore, who was inaugurated Governor on July 1,
1933, resigned effective January 12, 1934. To succeed him the
President appointed Maj. Gen. Blanton Winship, a former Judge
Advocate General of the Army, who was inaugurated February 5,
1934.
The resignation of Hon. Charles E. Winter as attorney general w^as
accepted to take effect October 21, 1933. He was succeeded by Hon.
Benjamin J. Horton, who assumed the duties of the office October 24,
1933.
Hon. Jose Padin, commissioner of education, first appointed in
1929, completed his 4-year term of office and was reappointed on
March 14, 1934.
DOMINICAN CUSTOMS RECEIVERSHIP
The annual inspection of the Dominican Customs Receivership was
made by lit. Col. Edward A. Stockton, Jr., Assistant to the Chief of
Bureau, in September 1933. The receivership was found to be
maintaining a high degree of efficiency and the accounts were in
satisfactory condition.
The customs collections for 1933 amounted to $2,999,577.93, an
increase of $227,220.55, or 8.2 percent, over the customs collections for
1932. The change for the better in business conditions accounted for
the improvement.
An arrangement entered into in September 1930 under which the
receivership has been collecting the internal revenue on goods passing
through the customhouses continued through 1933, the amount of
such internal-revenue collections totaling $1,689,453.81 for 1933, an
increase of $183,696.87, or 12.2 percent, over the previous year.
The cost of the collection of customs for the year 1933 was $122,-
643.46, or 4.09 percent of the total amount collected. The internal-
revenue collections were made at a total cost of $46,403.85, or 2.75
percent of the collections. There was collected a gross of $4,689,031.74
(customs and internal revenue) at a combined aggregate collection
cost of $169,047.31, or 3.61 percent.
The emergency law of the Dominican Government, explained in the
Bureau’s report for 1932, was continued in force throughout 1933, the
partial moratorium of smking-fund payments for the Dominican
Government bonded indebtedness continuing in force. Two pay-
ments for account of the sinking funds of the bond issue of 1922-42
were made, one for $100,000 in September 1933 from funds received
from the special emergency agent, and the other for $18,282.74 in
January 1934 from the unexpended balance of the 5-percent funds
authorized for the payment of expenses of the customs receivership.
The interest payments on all bonded indebtedness were maintained
throughout the year, a total of $907,417.56 being paid for interest
12 REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
accounts in 1933. At the close of December 1933 the total amount of
Dominican foreign-dollar bonds outstanding was $16,320,500.
At the date of writing this report information has been received that
the emergency law of the Dominican Republic was repealed effective
September 1,1934, on which date the full treaty situation of the receiv-
ership in accordance with the convention of 1924 was reestablished.
A statement of the operations of the Dominican receivership for
the year 1933 will be found in appendix G.
CHANGES IN PERSONNEL, BUREAU OF INSULAR
AFFAIRS
The undersigned was appointed Chief of the Bureau for 4 years,
beginning May 24, 1933. At the time of my appointment I was on
duty in Hawaii. Prior to reporting for duty at the Bureau I made an
inspection trip to the Philippine Islands in order to familiarize myself
with conditions there and to establish personal contact with the Philip-
pine Government and people. I assumed the duties of Chief of
Bureau on August 22, relieving Brig. Gen. F. LeJ. Parker, who had
continued on duty as acting chief until that time.
By orders of April 19, 1934, Col. Walter C. Short, Infantry, who
had served in the Bureau since September 20, 1930, was relieved as
senior assistant to the chief, effective July 5. Lt. Col. Donald C.
McDonald, Field Artillery, who is due to return from a tour of duty
in the Philippine Islands on September 10, has been designated to
succeed him.
Creed F. Cox,
Brigadier General, United States Army.
Appendix A
LAWS OF SPECIAL INTEREST TO THE PHILIPPINE ISLANDS AND
PUERTO RICO ENACTED DURING THE SECOND SESSION OF
THE SEVENTY-THIRD CONGRESS
PHILIPPINE ISLANDS AND PUERTO RICO
Public, No. 139 (H. R. 5863), approved March 27, 1934: “To pre-
vent the loss of the title of the United States to lands in the Territories
or Territorial possessions through adverse possession or prescription.â€
Brings the law in Puerto Rico and the other Territorial possessions
in harmony with that in the continental United States and prevents
the loss of title of the United States to lands in such possessions.
Public, No. 141 (H. R. 6663), approved March 28, 1934: “Inde-
pendent Offices Appropriation Act, 1935.â€
Makes provision for administrative expenses of the Puerto Rican
Hurricane Relief Commission for 1935; includes amendment of the
so-called “Economy Act†relating to compensation of officers and
employees of the Federal Government and of the insular possessions.
Public, No. 213 (H. R. 8861), approved May 9, 1934: “To include
sugar beets and sugarcane as basic agricultural commodities under
the Agricultural Adjustment Act, and for other purposes.â€
Provides for the fixing of quotas of both raw and refined sugar
which the sugar-growing areas may place in the United States mar-
ket and provides for a processing tax thereon.
Public, No. 412 (H. R. 9830), approved June 19, 1934: “Deficiency
Appropriation Act, fiscal year 1934.â€
Includes additional appropriation for the payment of the contribu-
tion of the United States, including the Philippine Islands and Puerto
Rico, toward the support of the International Institute of Agriculture
at Rome, Italy.
Public, No. 417 (S. 3487), approved June 19, 1934: “Relating to
direct loans for industrial purposes by Federal Reserve banks, and for
other purposes.â€
Amends the Federal Reserve Act, the Reconstruction Finance Cor-
poration Act, and other Federal laws. Includes authorization for
loans for the fishing industry in which Puerto Rico is specifically
included.
Public, No. 286 (S. 2745), approved June 5, 1934: “To provide for
changing the time of the meeting of Congress, the beginning of the
terms of Members of Congress, and the time when the electoral votes
shall be counted, and for other purposes.â€
Sections 4 and 5 amend the organic acts of the Philippine Islands
and Puerto Rico by changing the date of the beginning of the term of
Resident Commissioners to the United States from March 4 to Jan-
uary 3.
13
14 REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
PHILIPPINE ISLANDS
Public, No. 127 (H. R. 8573), approved March 24, 1934: “To pro-
vide for the complete independence of the Philippine Islands, to pro-
vide for the adoption of a constitution and a form of government for
the Philippine Islands, and for other purposes.â€
This measure, known as the Tydings-McDuffie Act, provides for
the establishment of a Commonwealth government under a constitu-
tion duly drafted by a constitutional convention elected for the pur-
pose and for the complete establishment of Philippine independence
10 years after the date of the inauguration of the Commonwealth
government.
Public, No. 216 (H. R. 7835), approved May 10, 1934: “Revenue
Act of 1934.â€
Section 602% thereof imposes a tax on coconut oil.
Public, No. 304 (H. R. 9280), approved June 11, 1934: “Relating
to deposits in the United States of public moneys of the Government
of the Philippine Islands.â€
Authorizes the Secretary of the Treasury to accept deposits of
public moneys of the Government of the Philippine Islands.
Public, No. 309 (S. 2041), approved June 12, 1934: “To amend
the act of June 15, 1933, amending the National Defense Act of June
3, 1916, as amended.â€
Restores to citizens of the Philippine Islands eligibility for commis-
sion in the Officers’ Reserve Corps.
Public, No. 419 (S. 3530), approved June 19, 1934: “Relating to
Philippine currency reserves on deposit in the United States.â€
Authorizes an appropriation of $23,862,750 to reestablish the Philip-
pine currency reserves on deposit in the United States as of their
gold value on January 31, 1934, the day of the devaluation of the
United States dollar.
PUERTO RICO
Public, No. 108 (H. R. 6574), approved March 2, 1934: “To repeal
Federal liquor prohibition laws to the extent they are in force in
Puerto Rico and the Virgin Islands, and for other purposes.â€
Repeals the prohibition laws in force in Puerto Rico and the
Virgin Islands; constitutes a “model housing fund†from revenues
resulting from taxes on intoxicating liquors; establishes for Puerto
Rico a “Model Housing Board.â€
Public, No. 109 (H. R. 6951), approved March 2, 1934: “Making
appropriations for the Department of the Interior for the fiscal year
ending June 30, 1935, and for other purposes.â€
Carries an item of $105,000 for vocational education in Puerto Rico.
Public, No. 131 (H. R. 8134), approved March 26, 1934: Agricul-
tural Department and Farm Credit Administration Appropriation
Act of 1935.
Carries appropriation items for experimental station work and for
forestry work in Puerto Rico.
Public, No. 411 (H. R. 9946), approved June 18, 1934: “Providing
for the ratification of Joint Resolution No. 59 of the legislature of
Puerto Rico, approved by the Governor, May 5, 1930, imposing an
import duty on coffee imported into Puerto Rico.â€
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 15
Public, No. 477 (H. R. 5330), approved June 27, 1934: “To amend
the act of March 2, 1917, entitled ‘ An act to provide a civil govern-
ment for Puerto Rico, and for other purposes.
Amends the organic act with respect to the citizenship of Puerto
Rican women married to foreigners and of island-born children of alien
parents.
House Document No. 390. Message from the President transmit-
ting an Executive order dated May 29, 1934, “Establishing the
Division of Territories and Island Possessions in the Department of
the Interior and transferring, thereto the functions of the Bureau of
Insular Affairs, War Department, pertaining to the administration of
the government of Puerto Rico.â€
Public, No. 93 (H. R. 7527), approved February 15, 1934. Makes
an additional appropriation to carry out the purposes of the Federal
Emergency Relief Act of 1933, for the continuation of the Civil Works
program and other relief work.
Public, No. 84 (S. 2125), approved January 20, 1934.
Continues the functions of the Reconstruction Finance Corpora-
tion until February 1, 1935, and provides additional funds for the
Corporation.
Public, No. 245 (H. R. 7059), approved May 21, 1934: “To provide
for the further development of vocational education in the several
States and Territories.â€
Authorizes appropriations for each of the fiscal years ending June
30, 1935, 1936, and 1937.
91C61—34---3
Appendix B
LIST OF PRINCIPAL MEASURES AFFECTING THE PHILIPPINE
ISLANDS AND PUERTO RICO CONSIDERED DURING THE
SECOND SESSION OF THE SEVENTY-THIRD CONGRESS, BUT NOT
ENACTED
PHILIPPINE ISLANDS AND PUERTO RICO
S. 605, S. 3287. Authorizing national banks to establish branches.
Gives authority for the reestablishment of new branch banks at any
point within a Territory or possession within which any national
bankiflg association is situated (S. 3287 introduced Apr. 4, 1934;
referred to Committee on Banking and Currency (S. Rept. No. 592);
passed Senate Apr. 25. S. 605 introduced Mar. 21, 1933; referred to
Committee on Banking and Currency (S. Rept. No. 1210, adding
S. 3287; passed Senate June 6)).
H. R. 6610, “Providing for the taxation of income derived from
interest upon obligations of the United States, of the several States
and Territories and of the municipal subdivisions thereof, of the
District of Columbia, and of the possessions of the United States.â€
Removes tax-exempt features of the United States, Philippine, and
Puerto Rican obligations. (Introduced Jan. 9; referred to Committee
on Ways and Means.)
PHILIPPINE ISLANDS
H. R. 9281, “To apply the quota system to immigration from the
Republic of Mexico and the Philippine Islands, and for other pur-
poses.â€
A quota of 50 a year mentioned for the Philippine Islands. (Intro-
duced Apr. 23; referred to the Committee on Immigration and
Naturalization.)
H. R. 9790; H. R. 9877; H. R. 9878. All designed to delay or to
repeal the tax on coconut oil prescribed in the Revenue Act of 1934.
(Introduced in May and June; referred to the Committee on Ways
and Means.)
H. R. 6461, “To prohibit the importation of certain agricultural
products.â€
Includes butter, oleomargarine, any other butter substitute, coco-
nut oil, and cottonseed oil. (Introduced Jan. 5; referred to Com-
mittee on Ways and Means.)
IP. R. 6612; H. R. 7253; H. R. 7254; H. R. 8050; H. R. 9122.
Designed to restrict or prohibit the importation of oleomargarine or
other butter substitutes. Referred to the Committee on Agriculture.
H. R. 7393. Amends the Tariff Act of 1930 to include a tax of 2 cents
per pound on copra. (Introduced Jan. 26; referred to Committee on
Ways and Means.)
PUERTO RICO
H. R. 9692. “To authorize and direct the United States Commis-
sioner of Fisheries to undertake fish-cultural and related activities in
Puerto Rico, making appropriations therefor, and for other purposes/
(Introduced May 21; referred to Committee on Merchant Marine,
Radio, and Fisheries.)
16
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 17
H. J. Res. 343. Amends the Agricultural Adjustment Act to relieve
its damaging effect on the economic structure of Puerto Rico by
making provisions for covering the floor and processing taxes on cotton
and flour into the treasury of Puerto Rico. (Introduced May 11;
referred to Committee on Agriculture.)
S. J. Res. 129, H. J. Res. 344. To amend the Joint Resolution for the
relief of Puerto Rico, approved December 21, 1928, so as to permit
the adjudication with respect to liens of the United States arising by
virtue of loans under such joint resolution. (H. Rept. 1717 on PI. J.
Res. 344, May 21; S. Rept. 1336 on June 8).
H. R. 8784. To amend certain sections of the Merchant Marine
Act so as to repeal the United States Coastwise laws as applied to
Puerto Rico. (Introduced Mar. 22; referred to Committee on Mer-
chant Marine, Radio, and Fisheries.)
H. R. 8890. “ Authorizing the construction, repair, and preservation
of certain public works on rivers and harbors, and for other purposes."
Contains authority for the improvement of Mayaguez, Ponce, and
Arecibo Harbors, Puerto Rico. (Introduced Mar. 29; referred to
Committee on Rivers and Harbors, H. Rept. No. 1136, Apr. 4, 1934.)
H. R. 7024, H. R. 9625, H. J. Res. 249, II. J. Res. 298. All amending
the Joint Resolution of Dec. 21, 1928 (Puerto Rican Hurricane
Relief Commission) and including the extension for 5 years of the
revolving fund established for that Commission. (Referred to Com-
mittee on Insular Affairs.)
H. R. 9825. Amends the organic act of Puerto Rico in important
respects. Provides for an elective governor, a vice governor, the
appointment by the governor of officials now appointed by the
President; amends provisions governing the terms of legislators, the
Public Service Commission, etc. (Introduced June 2; referred to
Committee on Insular Affairs.)
H. R. 9831. “To enable the people of Puerto Rico to form a con-
stitution and State government and be admitted into the Union on an
equal footing with the States.'7 (Introduced June 2; referred to
Co nmittee on Insular Affairs.)
H. R. 9862. “To amend the Revenue Act of 1926, as amended, to
exempt persons traveling between Puerto Rico and the continental
United States from the payment of a stamp tax on steamship tickets."
(Introduced June 6; referred to Committee on Ways and Means.)
H. R. 9885. Provides that beginning with the year 1936 Puerto
Rico shall be entitled to share in the appropriations under the “Fed-
eral Highway Act." (Introduced June 8; referred to Committee on
Insular Affairs.)
H. R. 9902. “To exempt certain articles (wheat and cotton)
processed in Puerto Rico from taxes imposed under the Agricultural
Adjustment Act." (Introduced June 11; referred to the Committee
on Agriculture.)
H. J. Res. 270. “To make available to Puerto Rico certain appro-
priations for the fiscal year ending June 30, 1934, for experiment station
and extension work, which have not been paid because of unfulfilled con-
ditions." Refers specifically to the so-called “Hatch" and “Smith-
Lever" Acts; carries appropriations of $80,000. (Introduced Feb. 10;
referred to Committee on Agriculture. H. Rept. No. 846, Feb. 24.)
H. J. Res. 272. “Providing for the extension of the United States
Employment Service to Puerto Rico." (Introduced Feb. 13; referred
to the Committee on Labor.)
Appendix C
PHILIPPINE ISLANDS
Total foreign trade
12 months ending Dec. 31— Consignments Shipments
From United States From other countries Total To United States To other countries Total
1924 i $60, 398, 603 69, 297, 583 71, 575, 618 71, 478, 297 83,858, 068 92, 592,959 78,183, 029 62,139, 683 51, 297, 750 43, 540, 407 $47, 612, 292 50, 435, 251 47,723, 374 44, 373,175 50, 798, 830 54, 567, 316 44, 909, 925 37, 039,036 28, 097, 335 31,140, 355 $108,010,895 119, 732, 834 119, 298,992 115, 851,472 134, 656, 898 147,160, 275 123, 092, 954 99,178, 719 79, 395, 085 74, 680, 762 $97,313,903 109, 044, 942 100, 003, 215 116, 038, 250 115, 585,876 124, 465. 473 105, 342, 061 83, 422,397 82, 647,867 91, 313, 027 $38,030, 760 39,832, 263 36, 881,105 39, 535,835 39,468, 670 39, 981, 370 27. 825, 067 20, 549, 677 12, 690, 214 14, 458, 026 $135, 344,663 148,877, 205 136,884, 320 155, 574,085 155,054, 546 164, 446, 843 133,167,128 103, 972,074 95,338,081 105, 771,053
1925
1926
1927
1928 1929
1930
1931
1932...
1933
1 Corrected figures under consignments.
Manila-hemp shipments
Total Shipments to United States
12 months ending Dec. 31— Quantity Value Value per ton Quantity Value Value per ton
1924... Long tons 174, 510 $29, 950, 458 $172 Long tons 75, 999 $15, 267, 238 $201
1925 148, 638 35, 521, 646 239 58, 976 18, 200, 649 309
1926 151.609 32,142, 038 212 : 60,881 16, 301,101 268
1927 146, 474 29, 687,129 203 47, 779 12, 261, 975 257
1928 172,140 26, 593, 606 154 50, 304 9, 527, 045 189
1929.... 186,431 28, 420, 550 152 66,830 12, 276, 363 184
1930 166, 616 18, 426, 676 8, 942, 907 111 57, 782 7, 638,029 133
1931 130, 026 69 27, 461 2, 511, 734 91
1932 104,114 5,015, 602 48 24, 740 1, 481, 576 60
1933 149,662 6, 873,860 46 35, 518 2, 012, 935 57
Coconut-oil shipments
Total Shipments to United States
12 months ending Dec. 31— Quantity Value Value per pound Quantity Value Value per pound
1924 Long tons 109,865 102,482 115,438 142, 515 139, 996 187, 509 145, 036 162,364 112, 861 157,099 $18,811,031 19,820,189 22, 345, 217 24,840,683 23, 489,173 29, 184,942 Cents 7.64 Long tons 108,810 94, 851 113,116 $18, 628, 406 18,428,482 21,926,024 24, 284, 361 23,239, 521 28,900,587 18,961,827 13, 585, 684 7,335,830 9,025,075 Cents 7.64
1925 8.63 8. 67
1926 8.64 8.65
1927 7. 78 139, 352 138, 608 185, 707 143, 796 7. 78
1928 7.49 7.49
1929.. 6.95 6.95
1930 19,155, 382 15, 035,322 7, 651,144 9,169,823 5.89 5.89
1931 4.13 146,383 108, 517 155,020 4.14
1932 3.03 3.03
1933 2. 60 2.60
18
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 19
Copra shipments
Total Shipments to United States
12 months ending Dec. 31—
Quantity Value Value per ton Quantity Value Value per ton
Long tons Long tons
1924 154, 285 $15,351,882 $99 105,828 $10,498,165 $99
1925 144, 391 15, 868,703 110 114, 323 12, 581, 550 110
1926 171, 272 18, 586,733 109 127, 042 13,816, 396 109
1927 196,170 19,155, 741 98 154,350 15, 238,157 98
1928 230, 713 22, 542, 341 98 179, 701 17, 603,832 98
1929-.-. 170, 830 15, 565, 821 91 127, 570 11,440,898 90
1930. 171, 546 13,433,438 78 138,931 10, 654, 348 77
1931. — 171,486 9,150, 404 53 118,975 6, 052, 329 51
1932 135, 072 5,133, 227 38 81, 716 3, 056, 067 37
1933 — . 303,875 8, 956,029 29 204, 714 5, 951, 227 29
Desiccated-coconut shipments
Total Shipments to United States
12 months ending Dec. 31— Quantity Value Value per pound Quantity Value Value per pound
1924. Pounds 17,932,108 27, 608,670 31, 587,047 33,472, 877 44,895,711 49,130, 664 43,943, 820 37, 084,972 35, 433,785 39,522,470 $1, 598, 559 2,608,873 2, 757,657 2, 850, 060 3, 723, 586 3, 540,124 2,962, 845 1, 822,129 1,616,701 1, 682,804 Cents 8.92 Pounds 17,916,418 27, 574, 475 31, 526, 986 33,370, 655 44,838,722 49,094, 777 43,886, 901 37,044,928 35, 408,847 39, 446,452 $1, 597, 413 2, 605,611 2, 751,964 2, 840, 286 3,718, 269 3, 537, 004 2, 958, 710 1, 819, 691 1, 615,446 1, 679,997 Cents 8.92
1925 9.45 9.45
1926. 8. 73 8.73
1927 8. 51 8. 51
1928 8.29 8.29
1929 7. 20 7. 20
1930 6. 74 6. 74
1931 ' 4.91 4.91
1932 4. 56 4. 56
1933 4. 26 4. 26
Sugar shipments
Total
12 months ending Dec. 31— Quantity Value Value per pound Quantity Value Value per pound
Long tons Cents Long tons Cents
1924. 352,177 $41,868,087 5.31 296,113 $37,490, 751 5.65
1925 538,192 45, 514, 003 3. 77 456,656 41, 416,841 4.05
1926— — 404, 734 32,229,634 3. 55 335, 912 29,162,469 3.88
1927 544, 581 50, 295,960 4.12 500, 284 47, 886,987 4. 27
1928 560, 933 47, 542,940 3. 78 525, 786 45,691, 238 3.88
1929. 684,873 53, 244,149 3. 47 660, 352 52,153, 930 3. 53
1930 732, 225 52, 240, 226 3.18 725, 548 52,038, 657 3. 20
1931--.- — 741,036 49,963,105 3. 00 740, 397 49, 944, 465 3. 01
1932 1, 000, 506 * 59,801, 885 2. 67 1, 000, 209 59, 792, 293 2. 67
1933 1, 061,610 64, 333, 426 2.70 1,061, 554 64, 328, 989 2. 70
Shipments to United States
Total
Shipments to United States
12 months ending Dec. 31— Quantity Value Value per pound Quantity Value Value per pound
Long tons Cents Long tons Cents
1924 4,459 $697, 275 6.98 4, 457 $676,895 6.98
1925 4,159 540, 318 5.80 4,138 537, 381 5.80
1926 1, 779 226, 074 5. 67 1, 776 225,693 5.67
1927 1,809 219,183 5. 41 1,790 216, 423 5. 40
1928 7,917 955, 735 5. 39 7, 859 947,945 5. 38
1929 6,899 824, 323 5. 33 6,834 816,947 5.34
1930 — _ 26, 939 2, 722,819 4.51 26,928 2, 721, 620 4.51
1931 39,835 3, 329,866 3. 73 39,787 3, 324, 881 3.73
1932 56, 223 4,465, 238 3. 55 56,185 4, 461, 713 3. 55
1933 54, 354 4,471,990 3. 67 54, 316 4, 468,354 3. 67
Includes refined sugar separately shown as follows:
20 REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
Leaf-tobacco shipments
Total Shipments to United States
12 months ending Dec. 31— Quantity Value Value per pound Quantity Value Value per pound
1924_ Pounds 47,803, 706 $4,034,466 Cents 8.44 Pounds 66,369 $10,572 Cents 15.93
1925 36, 559,164 31, 576, 755 3, 065,007 8. 38 6,332 912 14.40'
1926 2,679,630 8.49 9,370 3,820 40.76
1927 52, 004, 303 3, 918, 749 7. 54 157,175 28,898 18.39
1928 44, 571,470 3, 029,633 6. 80 124, 617 15,896 12.76
1929 60,800, 643 4, 392, 435 7.22 104,009 12,604 12.12:
1930 45,790,900 3, 725, 879 8.13 422, 525 48, 695 11.52
1931 49,941, 022 3,501,496 7. 01 236,106 41, 268 17.48.
1932 47, 664,488 37, 250, 088 1 2, 822, 233 5.92 426, 949 41,862 9.80'
1933. 1,842, 553 4.95 134,476 8, 515 6.35
Cigar shipments
Total Shipments to United States
12 months ending Dec. 31— Quantity Value Value per thousand Quantity Value Value per thousand
1924 Thousands 218, 599 $5,404, 662 $24. 72 Thousands 175,762 $4,419,782 $25.15
1925 252,553 6,043,976 23.93 207,080 5,025, 596 24. 25
1926 247,726 5, 663,420 22.86 195,327 4, 569, 218 23. 39
1927. 207,578 4,652,258 22.41 167,300 3, 768,916 22. 53
1928 220,884 4, 765,140 21. 57 179, 570 3,855, 672 21.4T
1929 188, 333 3,824,649 20. 31 150,945 3,013,355 2,810, 279 19.95
1930 178,561 3, 545, 223 19. 85 144,767 19. 41
1931 183,874 3, 395,337 18. 47 158, 520 2,885,366 18.20*
1932 182, 575 3, 231, 218 17. 70 164, 616 2, 885, 524 17. 53
1933 196,141 3,157,933 16.10 180, 714 2,823,117 15. 62-
Embroidery shipments 1
12 months ending Dec. 31— Total value Value of shipments to United States 12 months ending Dec. 31— Total value Value of shipments to United States
1924... __ $4,698,001 4, 571, 675 5,992,389 4, 003, 476 4, 523, 968 $4,686,680 4, 550,154 5,976, 464 3,976,126 4,483, 513 1929 $6,011,532 3,591,737 2, 657,130 3, 349,825 1,889,316 $5,962,093 3,544, 036 2, 625, 323 3,334,481 1,893, 748-
1925.. 1930
1926 ._ 1931
1927 1932
1928 . 1933
1 On cotton and silk.
Cordage shipments
Total Shipments to United States
12 months ending Dec. 31— Quantity Value Value per pound Quantity Value Value per pound
1924. Pounds 9,927, 576 $1,094,312 Cents 11.02 Pounds 5,075, 631 $593,615 Cents 11. 70
1925 12,121,374 1, 676, 508 13.83 5,356,153 803,049 14.99
1926 : 10, 064, 925 1,405,458 13.96 4,054,189 648,036 15.98
1927. _l 12, 283,839 1,666, 706 13. 57 4,135,609 640, 745 15.49
1928 14,494,705 1,775,435 12. 25 5,393, 029 721,120 13. 37
1929 15, 667, 016 1,904, 272 12.15 6,850, 770 932, 730 13. 61
1930 13,858, 457 1, 553, 227 11.21 6, 769, 412 841, 564 12.43
1931 10, 224,805 887,408 8. 68 4, 599,113 460,001 10.00
1932 8, 452, 224 659,047 7.80 4,447,882 6,876, 227 411, 207 9.24
1933 12,907, 781 906, 768 7. 02 567,345 8. 25
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 21
All other shipments
12 months ending Dec. 31— Total value Value of shipments to United States 12 months ending Dec. 31— Total value Value of shipments to United States
1924 $12, 533, 205 14,186,625 13, 082,144 14, 503, 323 17,068,724 $4,121,281 5,432,098 4,847, 723 5, 111, 799 6,729, 770 1929 $18,358,369 14, 532,495 8,616,836 6,057,199 6, 948,540 $6, 235,909 5,845,916 3,496, 536 2, 693, 581 3,022,079
1925 1930
1926 1931 ___
1927 __ — ' 1932
1928 -1933
Appendix D
PHILIPPINE ISLANDS
BONDED INDEBTEDNESS
Under an act of Congress approved August 29, 1916, as amended
by an act approved May 31, 1922, it is provided that the entire
indebtedness of the Philippine Government, exclusive of those obliga-
tions known as friar-land bonds and of bonds not to exceed $10,000,000-
in amount, issued by that government and secured by an equivalent
amount of bonds issued by the provinces and municipalities thereof,
shall not exceed at any one time 10 percent of the aggregate tax valu-
ation of its property.
It is further provided that the entire indebtedness of the city of
Manila shall not exceed 10 percent of the aggregate tax valuation
of its property, nor that of any province or municipality a sum in
excess of 7 percent of the aggregate tax valuation of its property at
any one time.
The assessed value of taxable real property of the Philippine Islands
as at December 31, 1933, was $958,775,118; that of the city of Manila
as at December 31, 1933, was $136,839,016.
The following statements show the bonded indebtedness of the
Philippine Islands and of its provinces and municipalities, respectively,,
on June 30, 1934.
Insular government
Title of loan
Included in 10-percent limitation:
Public improvements...................
Do________________________________
Do________________________________
Do................................
Gold bonds of 1916____________________
General bonds_________________________
Do________________________________
Irrigation and permanent public works..
Metropolitan water district...........
Do_________________________________
Do________________________________
Cebu port works-----------------------
Do________________________________
Do________________________________
Iloilo port works_____________________
Do________________________________
Do________________________________
Total___________________________
Not included in 10-percent limitation:
Collateral bonds—
Of 1922 (Manila)..................
Of 1926 (Iloilo)__________________
Of 1926 (Pangasinan)______________
Of 1926 (Occidental Negros)........
Of 1933 (Occidental Negros)_______
Of 1926 (Marinduque)______________
Of 1926 (Ilocos Norte)____________
Of 1927 (Laguna)__________________
Of 1927 (Provincial)______________
Of 1927 (Camarines Sur)...........
Of 1928 (La Union)_______________
Of 1928 (Manila)..................
Total---------------------------
Grand total.....................
Rate An Issued lount Outstanding June 30, 1934 Dated Re- deem- able Due
Percent
4 $2,500,000 $1, 502,000 1905 1915 1935
4 1,000,000 - 399,000 1906 1916 1936
4 1,500,000 637, 000 1909 1919 1939.
5M 10,000,000 7,964,000 1921 1941
4 4, 000, 000 2,504,000 1916 1926 1946
5 5,000,000 3,861,000 1922 1952.
4K2 23,000,000 18, 220, 000 1922 1952.
4 'A 11,800,000 9,137,000 1922 1952
6 3, 000,000 2,565, 000 1925 1935 1955
4M 1, 500, 000 1, 472, 000 1929 1959
4 ^ 250, 000 250, 000 1931 1941 1961
4^ 750,000 684,000 1928 1958
4H 750,000 711,000 1929 1959
4^ 500, 000 500, 000 1930 1960
4H 750,000 684,000 1928 1958
4H 500,000 490,000 1929 1959
4 H 925,000 925,000 1930 1960
67, 725, 000 52, 505, 000
4H 2, 750, 000 2,152,000 1922 1950
4K 976, 500 888,000 1926 1936 1956
4H 428, 500 383,500 1926 1956
4H 400, 000 375, 000 1926 1956
5 638,850 638,850 1933 1963
4 H 55, 500 55, 500 1926 1956
*lA 274, 000 250, 000 1926 1956
4^ 98,000 97,000 1927 1957
4M 1, 405, 000 1, 267,000 1927 1957
4^ 111,000 109,000 1927 1937 1957
4H 110, 000 110,000 1928 1958
4M 500,000 472,000 1928 1958
7, 747, 350 6, 797,850
75, 472, 350 59, 302, 850
22
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 23
Provinces and municipalities
Title of loan
City of Manila:
Sewer and waterworks...............
Do_____________________________
Do_____________________________
Public improvements________________
Do_____________________________
Do_____________________________
City of Cebu: Sewer and waterworks_____
Bangued, Abra Province: Water supply___
Mayjayjay, Laguna Province: Public
improvements________________________
Santa Cruz, Laguna Province: Public
improvements________________________
Province of Iloilo, and 9 municipalities
(Cabatuan, Dingle, Iloilo, Jaro, La Paz,
Maasin, Pavia, Pototan, and Santa Bar-
bara) : Public improvements____________
Province of Occidental Negros: Public
improvements—.......................
Do_________________________________
Province of Pangasinan: Public improve-
ments__________________________________
Province of Marinduque: Public improve-
ments__________________________________
Province of Ilocos Norte and 3 municipali-
ties (Bacarra, Laoag, and Pasuquin):
Public improvements_________________
Province of Laguna: Public improvements..
Province of Ilocos Sur and municipality of
Vigan: Public improvements__________
Province of Tarlac: Public improvements. __
Province of Pampanga: Publicimpro vements.
Province of Nueva Ecija: Public improve-
ments__________________________________
Province of Bulacan: Public improvements..
Province of Camarines Sur and 4 municipal-
ities (Naga, Magarao, Canaman, and
Camaligan): Public improvements_____
Province of La Union: Public improvements.
Total____________________________
Rate Amount Dated Re- deem- able Due
Issued Outstanding June 30, 1934
Percent
4 $1,000,000 $421,000 1905 1915 1935
4 2,000,000 837,000 1907 1917 1937
4 1,000,000 620,000 1908 1918 1938
2,750,000 2,152,000 1920 1930 1950
4 M 500,000 472,000 1928 1958
4J* 500, 000 497,000 1929 1959
4 125,000 79,000 1911 1921 1941
5 20,000 20,000 1919 1929 1949
5 20,000 20,000 1919 1929 1949
5 45,000 45,000 1919 1929 1949
4H 976,500 888,000 1926 1936 1956
4 M 400,000 375,000 1926 1956.
5 638,850 638,850 1933 1963
4 X 428, 500 383, 500 1926 1956
4H 55, 500 55,500 . 1926 1956
4 H 274,000 250,000 1926 1956
4y2 98,000 97,000 1927 1957
4 M 175,000 161,000 1927 1957
4 K 171,000 154,000 1927 1957
4 M 477,000 431,000 1927 1957
4H 345,000 303,000 1927 1957
4 X 237,000 218,000 1927 1957
4H 111,000 109,000 1927 1937 1957
4>A 110,000 110,000 1928 1958
12,457,350 9,336,850
SINKING AND OTHER FUNDS
Under the provisions of Act No. 3014 of the Philippine Legislature,
approved March 8, 1922, sinking funds for the retirement of bonds
issued by the Philippine government are to be invested only in securi-
ties of the government of the Philippine Islands or the Government of
the United States after the approval of this act.
Under the provisions of Act No. 3723 of the Philippine Legislature,
approved November 21, 1930, as amended by Act No. 3828, approved
October 28, 1931, funds derived from the sale of financial interest-
protection bonds, issued under Act No. 2999, may be invested: (a) In
bonds or other evidences of indebtedness of the government of the
Philippine Islands; (b)in bonds or other evidences of indebtedness of the
Government of the United States; (c) in bonds or other evidences of
indebtedness of a chartered city, Province, or municipality of the Philip-
pine Islands; (d)in securities the principal and interest whereof are guar-
anteed by the Government of the United States or of the Philippine
Islands; (e) in Manila Railroad Co. southern lines bonds issued under
Act No. 1905.
24 REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
Since the passage of these acts the treasurer of the Philippine Islands
has transferred the following amounts to this Bureau for investment:
Prior years Year ending June 30— Total
1933 1934
Sinking funds $26, 356, 513. 91 2,168,655.03 2,035, 000. 00 $2,776,910.17 488,736.81 1, 550, 000. 00 $3, 561,381.36 528,030. 00 290,000.00 $32,694,805. 44 3,185,421. 84 3,875,000. 00
Trust funds.
Financial interest protection bond fund. Total
30,560,168. 94 4,815,646. 98 4,379,411. 36 39,755, 227.28
At a cost of $36,153,675.73, bonds of the face value of $36,190,000
have been purchased from the above funds. On February 1, 1934,
$2,556,000 was transferred to the Treasurer of the United States for
the redemption of the outstanding bonds of the land-purchase 4-
percent loan of 1904-34 in the hands of the public. All bonds pur-
chased are included in the following statement of securities, either
purchased by this Bureau for account of the government of the
Philippine Islands or purchased by the insular treasurer and deposited
with this Bureau to be held for his account in the United States
pending cancelation or other disposition.
Sinking and other fund investments
Philippine government:
Collateral bonds:
4H’s, due 1950 (Manila)-----------------------
4H’s, due 1956 (Iloilo)-----------------------
4^'s, due 1956 (Occidental Negros)------------
4M’s, due 1956 (Pangasinan)-------------------
4}4% due 1956 (Ilocos Norte)------------------
4K’s, due 1957 (Provincial)------------------.
4M’s, due 1957 (Camarines Sur)________________
43^’s, due 1957 (Laguna)----------------------
4>£’s, due 1958 (Manila)----------------------
General:
4H’s, due 1952________________________________
5’s, due 1952---------------------------------
5’s, due 1955, metropolitan water district----
4H’s, due 1959, metropolitan water district---
Land purchase 4’s, due 1934___________________
Manila R. R. Co. purchase, 4’s, due 1946------
Public improvement:
4's, due 1935_________________________________
4’s, due 1936_________________________________
4’s, due 1939_________________________________
5M’s, due 1941________________________________
43-4’s, due 1952, irrigation and permanent public
works_______________________________________
43^’s, due 1958, Cebu port works. ____________
4H’s, due 1959, Cebu port works---------------
4^’s, due 1958, Iloilo port works-------------
4H’s, due 1959, Iloilo port works_____________
Municipal:
City of Cebu 4’s, due 1941____________________
City of Manila 4’s, due 1935__________________
City of Manila 4’s, due 1937__________________
City of Manila 4’s, due 1938__________________
City of Manila 53/2’s, clue 1950______________
City of Manila 4>2’s, due 1959________________
Railroad:
Manila R. R. Co. 7’s, due 1937________________
Manila R. R. Co. 4’s, due 1939________________
Philippine Ry. Co. 4’s, due 1937--------------
United States Government: Fourth Liberty Loan_________
Total___________________________________________
Prior years
Year ending June 30—
1933
1934
Total
$31,000
$146,000
5,000
$740,000
976, 500
400, 000
428, 500
274, 000
545, 000
88,000
2, 000
500.000
6, 340, 000
1, 905,000
1,008, 000
125, 000
3.671.000
1, 534, 000
1.063.000
663, 000
911.000
3,057, 000
6.134.000
550, 000
39, 000
320, 000
10, 000
45, 000
589.000
1, 230, 000
551.000
2, 750,000
300, 000
742, 000
201, 000
1, 273, 000
1 51, 000
39,016, 000
376, 000
276, 000
288,000
22, 000
555.000
205.000
6,000
14.000
16, 000
583.000
200.000
20, 000
16.000
30,000
87,000
128,000
2, 947, 000
645,000
429, 000
493, 000
218, 000
46.000
26, 000
4.000
14.000
434, 000
224.000
1.000
223.000
53.000
14.000
3,126,000
$917,000
976.500
400.000
428.500
274.000
550.000
88,000
2,000
500, 000
7.361.000
2, 610, 000
1, 789, 000
147, 000
4,444, 000
1, 785,000
1, 095,000
681.000
941.000
4, 074,000
6, 558, 000
571.000
278.000
350, 000
10,000
72, 000
659.000
1,306, 000
587.000
2.750.000
336.000
882.000
343,000
1, 273,000
51, 000
45,089, 000
7,000 20, 000
26,000 44,000
26,000 50, 000
14,000 22, 000
21,000 15, 000
1 $24,000 par value Fourth Liberty Loan bonds were called for payment on Apr. 15, 1934.
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 25
Under the provisions of section 2 of Act No. 3014, the following
bonds, included in the preceding list of bonds purchased, have been
canceled:
Collateral bonds:
4y2’s due 1950 (Manila)_________________________________________ $598, 000
4J4’s due 1956 (Iloilo)___________________________________________ 88, 500
4}/2,s due 1956 (Occidental Negros)________________________________ 25, 000
4J4's due 1956 (Pangasinan)_______________________________________ 45, 000
4^s due 1956 (Ilocos Norte)_____________________________________ 24, 000
4%’s due 1957 (Provincial)____________________________________ 138, 000
4y2’s due 1957 (Camarines Sur)_____________________________________ 2, 000
4/2’s due 1957 (Laguna)____________________________________________ 1, 000
4}4’s due 1958 (Manila)___________________________________________ 28, 000
General bonds:
4%'s due 1952__________________________________________________ 4, 780, 000
5’s due 1952___________________________________________________ 1, 139, 000
5’s due 1955, metropolitan water district---------------------- 435, 000
4J4’s due 1959, metropolitan water district-------------------- 28, 000
Land purchase 4’s, due 1934____________________________________ 4, 444, 000
Manila R. R. Co. purchase: 4’s, due 1946_______________________ 1, 496, 000
Public Improvement:
4’s, due 1935_____________________________________________________ 998, 000
4’s, due 1936__________________________________________-_______ 601, 000
4’s, due 1939_____________________________________________________ 863, 000
5}Ps, due 1941_________________________________________________ 2, 036, 000
4%’s, due 1952, irrigation and permanent public works__________ 2, 663, 000
4%’s, due 1958, Cebu port works-------------------------------- 66, 000
4}4,s, due 1959, Cebu port works________________________________ 39, 000
4^s, due 1958, Iloilo port works________________________________ 66, 000
4}ps, due 1959, Iloilo port works-------------------------------- 10, 000
Municipal:
City of Cebu 4’s, due 1941_____________________________________ 46, 000
City of Manila 4’s, due 1935___________________________________ 579, 000
City of Manila 4’s, due 1937___________________________________ 1, 163, 000
City of Manila 4’s, due 1938_____________________________________ 380, 000
City of Manila 4}ps, due 1959______________________________________ 3, 000
Total_________________________________________________ 22,784,500
All canceled bonds have been shipped to the auditor of the Philip-
pine Islands. This leaves $22,304,500 in securities actually held in
this Bureau for account of the Philippine government on June 30,
1934.
RAILWAY BONDS
The bonds of railroads,, guaranteed as to interest by the Philippine
government, outstanding are:
Manila R. R. Co. (southern lines) 4-percent bonds, due 1939------$10, 586, 000
Manila R. R. Co. (southern lines) 4-percent bonds, due 1959------- 1, 069, 000
Manila R. R. Co. 7-percent sinking-fund bonds, due 1937 1--------- 1, 500, 000
Philippine Ry. Co. first-mortgage 4-percent bonds, due 1937-------- 8, 549, 000
Total-_____________________________________________________ 21, 704, 000
No bonds of the Manila Railroad Co. were purchased from sinking
funds of said company nor were any bonds canceled during the past
year. i
i The payment of the principal of this issue of bonds is also guaranteed by the Philippine government.
26 REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
COINAGE
On December 31, 1933, the total amount of coins in circulation and
available therefor was ^40,720,514.28, consisting of the following:
Pesos 2_________
50 centavos____
Subsidiary coins
Minor coins_____
P21, 889, 679. 00
6, 272, 494. 50
9, 427, 424. 00
3, 130, 916. 78
Total.
40, 720, 514. 28
INSULAR RECEIPTS AND DISBURSEMENTS
The following is a statement of insular receipts and disbursements
of the Philippine Islands, exclusive of all items of a refundable
character, expressed in United States currency, for fiscal (calendar)
years 1930, 1931, 1932, and 1933:
1930
Year ending Dec. 31—
1931
1932
1933
CREDITS
Balance from prior years.........—
Revenues:
Customs_________________________
Internal--------------------------
Repayment of Philippine National
Bank losses, Act 3174—---------
Miscellaneous--------------------
Proceeds from sale of bonds______
Total revenues-----------------
Total credits__________________
DEBITS
$39,918,081. 40
11, 243,783.50
19,855, 614. 53
1,318,560. 09
11, 463,416. 82
3,610, 840. 02
47,492, 214. 96
87,410, 296. 36
$36, 528,286.03
10,243,860.05
20,159,670.67
11,094,297. 52
258,383.00
41,756, 211.24
78,284,497.27
$31,961,288.47
8,247,978.00
20,455,933. 52
8, 654,474. 61
37,358,386.13
69, 319,674.60
« $33,366, 561.62
10,183,353. 71
15,679,107.3a
500,000.00.
8,650, 505.86
35,012,966. 90
68,379, 528.62:
Expenditures:
Bureaus and offices.............
Revenue service.................
Public debt_____________________
Public works and equipment______
Miscellaneous___________________
Aid to provinces, cities, and munic-
ipalities_______________________
Purchase of investments and securi-
ties____________________________
Deferred credits to income of prior
19,083,146.61
4,863,625.25
9,747,870. 63
4,133,415. 28
131,985. 55
9, 562,536. 32
3,053,200.80
15,866,265.52
5,380,944. 48
4, 904,420.63
4, 065,216. 51
75,749.10
13,418,469.24
1,889,455. 67
14,777,537.44
4,578,466.42
4, 520,445.33
3,376,126.32
401,658.75
11, 235, 413. 37
344,866. 20
12,068,148.79.
4,017,272.85
4,640, 692.73.
3,479, 557. 31
78,382. 20
8,553,463.05
1,122,461. 54
years_________________—.
Pensions and gratuities b.
Surplus_______________________
Total debits.............
306, 229.89
36,528," 286.03
87,410,296. 36
722,687.65
31, 961,288.47
78,284,497.27
613,929. 78
29,471,230.99
69,319,674.60
807,536.46
33, 612,013. 50
68,379,528. 52
° Adjusted.
b Prior to 1931 included in item of bureaus and offices.
3 The Philippine peso equals 60 cents United States currency.
Appendix E
PUERTO RICO
Total foreign trade
12 months ending June 30— Consignments Shipments
From United States From foreign countries Total To United States To foreign countries Total
1925 $79,198,565 83,056, 553 87,049,962 79,701,911 85, 078, 596 73,078,779' 68, 018,167 52,826, 794 48,886,844 57, 503,315 $11,306,036 12,201,711 11,760,788 12, 640,418 12, 782,164 10,844,050 8,419, 243 8,454,307 5,858,867 6, 631,622 $90,504,601 95,258, 264 98,810,750 92,342, 329 97,860, 760 83,922,829 76, 437, 410 61, 281,101 54, 745,711 64,134,937 $84,411,792 88,106,570 99, 223,154 96,662, 619 76,471,829 95,097,640 94,876,997 83, 645,863 73,387,498 83,214,473 $10,407,152 10,618,281 8,844,280 6,872,120 5, 251, 041 4,468, 565 3, 523,930 2, 771,075 2,018,957 2, 798,823 $94, 818,944 98, 724,851 108,067,434 103,534,739 81,722,870 99, 566,205 98,400,927 86,416,938 75, 406,455 86,013, 296
1926
1927
1928
1929 .
1930
1931
1932
1933
1934—
Sugar shipments1
Total Shipments to United States
12 months ending June 30— Quantity Value Value per pound Quantity Value Value per pound
1925 Long tons 510,321 $53,261,895 Cents 4.66 Long tons 510,166 $53, 240,480 Cents 4. 66
1926 : 516,795 48, 223, 258 4.17 516,612 48,201,883 4.17
1927 513, 276 54,756,984 4. 76 513,169 54,743,032 4.76
1928 540, 732 54, 579,020 4. 51 540, 586 54,569, 764 4. 51
1929 421,814 35, 224, 038 3. 73 421,792 35, 222,144 3.73
1930. 643, 944 53,670,038 3. 72 643,901 53, 667, 063 3. 72
1931 720, 380 54, 367,401 3. 37 720, 369 54,366,133 3. 37
1932 814, 660 55,118,211 3. 02 814, 642 55,116, 975 3.02
1933 734, 754 50, 780, 583 3.09 734, 753 50, 780, 422 3. 09
1934 731,164 54, 267,136 3.31 731,163 54, 267,041 3.31
1 Includes refined sugar, separately shown 1929-34, as follows:
Total Shipments to United States
12 months ending June 30— Quantity Value Value per pound Quantity Value Value per pound
1929 - Long tons 38,073 $3, 892,522 Cents 4.56 Long tons 38,051 $3,890, 628 Cents 4. 56
1930 53, 741 6,142, 744 5.10 53, 698 6,139, 769 5.10
1931-,.— 75, 033 7,427,887 7,838, 650 4.42 75,021 7, 427, 068 4. 42
1932„: — 85, 549 4. 09 85, 531 7,837,414 4. 09
1933. 85,405 7, 052, 652 3. 69 85, 404 7, 052, 491 3. 69
1934 105,643 9,823, 367 4.15 105, 642 9,823, 272 4.15
27
28 REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
Coffee shipments
Total Shipments to United States 1
12 months ending June 30— Quantity Value Value per pound Quantity Value Value.per pound
1925 Pounds 23,782,996 $6,575, 635 Cents 27. 65 Pounds 261,155 $66,862 Cents 25.60
1926 26,332,766 7,071,407 26.85 624,045 170,201 27. 27
1927. 19,356,904 5, 748,877 29.70 178,082 52,059 29. 28
1928 7,837,800 2, 596, 872 33.13 52,221 13,276 25.42
1929 1,278, 615 456,831 35.73 579,732 208,954 36.04-
1930 433,901 151,550 546,438 34. 92 262,849 95,250 36. 24
1931 1,977, 659 589,602 27. 63 1,751,013 488,711 27.91
1932 154,903 26. 27 544,737 145,806 26.77
1933 549,815 124,542 697,769 1 22. 65 498,214 115,253 23.13
1934 3, 093,171 22. 56 1 2,842, 665 646,813 22.75
i Includes transshipment via United States to foreign countries, separately shown 1930-34, as follows:
12 months ending June 30— Quantity i Value f 12 months ending June 30— Quantity Value
1930 Pounds 259,683 1,535,284 543,370 $94,150 428, 613 145, 452 1933 Pounds 491,865 2,835,395 $113,639 645,062
1931 1934
1932
Leaf-tobacco shipments
12 months ending June 30— Total Shipments to United States
Quantity Value Value per pound Quantity Value Value per pound
Pounds Cents Pounds Cents
1925 18,002,340 $9,156,480 50.86 17,766,033 $9,123,995 51.36
1926 20,513,594 13,124,643 63.98 20,513,594 13,124,643 63.98
1927 26,027, 239 19,496,508 74.91 25,975,321 19,489,311 75.03
1928 26, 782,084 15,479,820 57.80 26,654,458 15,466,781 58.0$
1929 19,342,009 11,220,264 58.01 19,314,160 11,216,640 58.07
1930. 18, 952,270 10, 602,458 55. 90 18,928,381 10,599,552 56. OO
1931 19,928,796 12, 053,863 60. 48 19; 918,034 12,052,331 fcasi'
1932 12,028, 566 5,782,151 48.07 11,962,866 5,781,037 48.32
1933 9,041,777 3, 694,147 40.86 9,039,171 3,693,765 40.86
1934 14,090,214 5, 647,621 40. 08 14,086,473 5,647,216 40.09
Cigar shipments
Total Shipments to United States
12 months ending June 30— Quantity Value Value per thousand Quantity Value Value per thousand
1925 Thousands 196,560 $7,105,508 $36.15 Thousands 196,553 $7,105,313 $36.15
1926 214,546 7,196,365 33.54 214, 546 7,196,365 33.54
1927 160,804 4, 227, 576 26. 29 160,804 4,227,576 3,625,561 26. 29
1928 144,378 3,625, 561 25.11 144,378 25.11
1929 158, 656 3,847,797 24. 26 158,656 3,847,797 24.26
1930 145,566 3,408,721 23.42 145,566 3,408,721 23.42
1931 166,986 3,899,556 23.35 166,986 3,899,556 23. 35
1932 122,455 2,403, 532 19. 63 122,455 2,403,532 19.63
1933 63, 044 1,284, 289 20. 37 63,044 1,284, 289 20. 37
1934 64, 992 1,463,911 22. 52 64,992 1,463,911 22. 52
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 29
Fruit shipments
12 months ending June 30— Total value Value of shipments to United States 12 months ending June 30— Total value Value of shipments to United States
1925 $4,202,840 6,009,840 5,823,751 6,824,802 2,850,722 $4,187,788 5,994,464 5,792,433 6,811,908 2,843, 213 1930 . $7,671,617 4,884, 799 4,321,135 2, 278,991 2,718,561 $7,480,222. 4,573,789 4,101,617 2,188,474. 2,531,353-
1926 1931
1927 1932
1928 1933 . ..
1929 1934. .
Coconut shipments
12 months ending June 30— Total value Value of shipments to United States 12 months ending June 30— Total value Value of shipments to United States
1925 $720,189 625,989 628,196 713,992 264,778 $709,853 611,977 612, 684 697,972 249,665 1930 -.- - $233,084 232,388 268,708 152,055 171, 259 $218,787 232,388 268,708 152,055. 171, 259
1926 1931 .
1927 1932..
1928 1933 ...
1929 1934
Embroidery shipments 1
12 months ending June 30— Total value Value of shipments to United States 12 months ending June 30— Total value Value of shipments to United. States
1925 $5,833,918 8,336,398 9,225,507 9, 285,790 15,151,040 $5,705,472 8,153,506 9,024,775 8,907,801 14,732, 260 1930 $13,004,725 13, 665,492 10,322,785 10,578,366 13,443,779 $12,522,359 13, 202,423- 10,261,283 10,434,432: 13,196,034
1926 1931
1927 1932
1928 1933
1929 1934 . .
1 Needlework products on cotton. All other shipments
12 months ending June 30— Total value Value of shipments to United States 12 months ending . June 30— Total value Value of shipments to United States
1925 $7,962,479 8,136,951 8,160,035 10,428,882 12,707,400 $4,272,029 4, 653,531 5,281, 284 6,569,556 8,151,156 1930. $10,824,012 8,837,346 8,045,513 6,513,482 7,603,260 $7,105,686. 6,061,666- 5,566,115 4, 738, 808- 5,290,846.
1926. 1931
1927 1932
1928 1933
1929 1934
Appendix F
PUERTO RICO
BONDED INDEBTEDNESS
Under an act of Congress approved March 4, 1927, the insular
government of Puerto Rico and the municipalities of San Juan and
Ponce are authorized to incur public indebtedness up to 10 percent
of the aggregate tax valuation of their respective properties; other
municipalities are limited to a public indebtedness not in excess of
5 percent of their respective taxable properties. Bonds of Puerto
Rico, which are secured by an equivalent par value of bonds of
municipal corporations or school boards of Puerto Rico, are not to be
counted within the 10-percent limitation, but bonds issued by munic-
ipalities or any subdivision thereof after March 4, 1927, to the pay-
ment of which the good faith of the people of Puerto Rico is pledged,
are to be counted therein.
During the year additional bonds of the insular government of
Puerto Rico were issued with a par value of $212,000. The proceeds
from an issue of $100,000 are for use in connection with the Isabela
irrigation system. An additional $22,000 homestead bonds of 1932,
together with $90,000 homestead bonds of 1933 out of an authorized
issue of $100,000 were disposed of locally in the island by the treasurer
of Puerto Rico, with the approval of the Governor, under the pro-
visions of Act No. 4 of the legislature of Puerto Rico, approved
December 4, 1931.
On June 30, 1934, the aggregate assessed valuation of the real and
personal property in the island of Puerto Rico amounted to
$297,119,629.
The following is a statement of the bonded indebtedness of the
insular government of Puerto Rico as of June 30, 1934:
Amount
Title of loan Rate Issued Outstand- ing June 30,1934 Maturing
Included in 10-percent limitation: Irrigation: 1913 Pet. 4 $1,000,000 $1,000,000 Jan. 1,1943; redeemable after Jan. 1,1933.
1913 4 700,000 700,000 $100,000 annually beginning Jan. 1, 1944.
1914 4 400,000 400,000 $100,000 annually beginning Jan. 1, 1951.
1915 4 400,000 400,000 $100,000 annually beginning Jan. 1, 1955.
1916 4 200,000 200,000 $100,000 annually beginning Jan. 1, 1959.
1918 4 200,000 200,000 $100,000 annually beginning Jan. 1, 1958.
1922 5 250,000 250, 000 $150,000 Jan. 1, 1961; $100,000 Jan. 1,1962.
1923 4H 975,000 525,000 $75,000 on Jan. 1 of each year beginning
1924 4y2 600,000 600,000 Jan. 1,1929; outstanding series redeem- able Jan. 1, 1939. $75,000 annually beginning Jan. 1, 1942;
1925 4 M 125,000 125, 000 redeemable Jan. 1, 1939. Jan. 1, 1963.
1925 4M 750,000 750,000 $75,000 annually beginning Jan. 1, 1950;
1927 4 M 525,000 525, 000 redeemable Jan. 1, 1939. $75,000 annually beginning Jan. 1, 1960;
1927 4M 475, 000 475,000 redeemable Jan. 1, 1939. $75,000 annually Jan. 1, 1967, to Jan. 1, 1972; $25,000 Jan. 1, 1973; redeemable Jan. 1, 1939.
30
REPORT OP CHIEF OP BUREAU OP INSULAR AFFAIRS 31
Amount
Title of loan
Rate
Included in 10 per-cent limita-
tion—Continued
Irrigation—Continued
Pet.
1927_____________________
1929_____________________
1931_____________________
1933_____________________
1933 ____________________
1934 ____________________
San Juan Harbor improve-
ment: 1929.
4M
4 K
4 r
5
5
5
4 H
Public improvements:
1914______________
1920_.............
4
4 ^
1922.,
1923..
5
5
1923.
5
1926.
1927.
4 M
High school (1920)..........
House construction (1920)___
Workingmen’s house con-
struction (1920).
Munoz Rivera Park (1924).
4 K
4M
4H
Target range and aviation
field (1926).
Funding (1930)____________
Workmen’s relief (1930)___
Hydroelectric system (1931)
4M
4H
4 M
4M
Hydroelectric system (1932). _ 5
Homestead (1932) ........ 4lA
Homestead (1933).......... 4
Total..............
Contingent liability:
Ponce (1927)_____
Do___________
Villalba (1927)...
Guaynabo (1928)
4 M
4 H
Total__________________
Not included in 10-percent limita-
tion:
Refunding (collateral):
1914_________________________ 4
1915.._______________________ 4
Total.
Grand total.
Outstand-
Maturing
Issued
ing June
30, 1934
$500,000
750.000
150.000
100.000
150.000
100.000
320,000
$500,000
750, 000
150.000
100.000
150.000
100, 000
320.000
$100,000 annually beginning Jan. 1, 1959.
Serially July 1, 1952 to July 1, 1970.
$90,000 July 1,1970; $60,000 July 1,1971.
$50,000 July 1,1971; $50,000 July 1,1972.
$70,000 July 1,1972; $80,000 July 1,1973.
July 1, 1973,
Jan. 1, 1954; redeemable Jan. 1, 1939.
1,000,000
1,000,000
1,000,000
1,000,000
6,000,000
2,000,000
2,000,000
988, 000
1,000,000
1,000,000
1,000,000
6,000, 000
2,000,000
2, 000, 000
300.000
250.000
500.000
300.000
250.000
500.000
200,000
80,000
200,000
200,000
4,000,000
500.000
500.000
2,400,000
400.000
500.000
500.000
188.000
90,000
500.000
188.000
90,000
29,898,000
27,616,000
650, 000
600,000
35,000
76,500
590.000
540.000
31,000
74, 500
1,361, 500
1,235, 500
655.000
300.000
'955,000
32,214,500
250,000
9,000
259,000
29,110,500
Jan. 1, 1939; redeemable after Jan. 1,1925.
$250,000 annually beginning Jan. 1, 1937;:
redeemable Jan. 1, 1936.
$250,000 annually beginning Jan. 1, 1941.
$250,000 annually beginning Jan. 1, 1945;
redeemable Jan. 1, 1944.
$500,000 annually beginning July 1, 1944;
redeemable July 1, 1943.
$500,000 annually beginning July 1, 1956;.
redeemable Jan. 1, 1956.
$500,000 annually beginning July 1, 1960;
redeemable Jan. 1, 1960.
Jan. 1,1945; redeemable Jan. 1, 1930.
Jan. 1, 1945; redeemable Jan. 1, 1930.
$250,000 Jan. 1, 1941-42; redeemable Jan.
1, 1940.
$20,000 annually on Jan. 1 of each year;
outstanding series redeemable Jan. 1,
1934.
$50,000 annually beginning July 1, 1945;
redeemable July 1,1935.
$400,000 annually beginning July 1,1931.
$25,000 annually beginning July 1,1931.
Jan. 1, 1951; redeemable on or after
Jan. 1, 1941.
Jan. 1, 1952; redeemable Jan. 1, 1942.
Jan. 1, 1952; redeemable Jan. 1, 1942.
Jan. 1, 1953; redeemable Jan. 1, 1943.
Serially July 1, 1930 to July 1,1959.
Serially July 1,1932 to July 1, 1961.
Serially July 1,1931 to July 1, 1956.
Serially July 1, 1933 to July 1, 1965.
$100,000 July 1,1943; $150,000 July 1, 1953.
July 1, 1935.
In preparing the above statement, insular bonds to the face value of
$454,000 and municipal bonds (under contingent liability) to the face
value of $32,000, which were due and payable on July 1, 1934, have
been deducted, funds therefor having been transferred to the fiscal
agents during June 1934.
Bonds issued through Bureau of Insular Affairs during year ended
June 30, 1934:
Title of loan Authority for issue Rate Amount Price re- ceived Dated Due
Isabela irrigation, series V. J. Res. No. 12, July 3, 1929. P. R. Act. No. 26, Apr. 28, 1933. 5 $100,000 100.125 Jan. 1,1934 July 1,1973
32 REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS
MUNICIPAL BONDED INDEBTEDNESS
At the close of the fiscal year 1933-34 the outstanding municipal
bonded indebtedness, distributed among 68 municipalities of Puerto
Rico, was $15,997,300, against the payment of which there had been
accumulated in their respective sinking funds the sum of $1,857,032.89.
Municipal bonds aggregating $912,600 were redeemed during the
year, thus reducing the municipal bonded indebtedness of the island.
However, $892,000 were issued during said fiscal period corresponding
to a new authorization of $1,300,000 of the capital of Puerto Rico.
RECEIPTS AND DISBURSEMENTS
'Comparative statement of receipts and disbursements of Puerto Rico} fiscal years
1982, 1933, and 1934
Fiscal year ending June 30-
Balance from prior years.
Revenues:
1932 1933
$553, 026. 85 $874,422.06
1934
$601,506.14
Customs__________________________
Internal_________________________
United States internal revenues__
Miscellaneous____________________
Total revenues_________________
Other receipts:
Repayment of loans_______________
Repayment, bureau of supplies____
Other repayments_________________
Transfers from trust funds_______
Temporary loans, advance of taxes.
Miscellaneous____________________
Total other receipts___________
Total__________________________
Expenditures:
Legislative______________________
Executive:
2,250,000.00
9, 813, 914. 43
248,139. 23
350, 306.10
12, 662, 359. 76
23, 000. 00
1,860,166. 92
151,585. 77
446, 536. 57
91,039. 35
2, 572, 328. 61
15, 787, 715. 22
304,070. 60
2,035, 000.00
6, 807, 355. 67
140, 706. 52
391, 296.03
9,374,358. 22
13, 500. 00
1, 002,433. 93
146, 745. 76
622,106.15
1, 250, 000. 00
25, 230.00
3, 060,015. 84
13, 308,796.12
421, 922.98
1,600, 000.00
9,081, 584. 74
149, 594. 24
439,884.91
11,271,063.89
94,000,00
1,494,570. 66
215,665.88
227,564. 36
2,100, 000.00
33, 564.00
4,165,364.90
16,037,934. 93
236, 907. 57
Governor and secretary.
Attorney general________
Treasurer______________
Interior:
Roads and bridges..
Public buildings___
Insular telegraph...
Other expenses_____
Education:
118,971.78
500, 881.15
1,070,987.18
478, 493. 70
159, 292.04
214,011.84
256, 855. 70
100, 241. 42
340,358. 77
678,482. 36
443,115. 65
' 68,133. 74
190, 577. 35
212,411.32
100, 793.02
454,916. 62
857,645. 34
659,285. 39
85, 229. 88
183,461. 63
303, 365.43
Public schools______________________________
Other expenses______________________________
University of Puerto Rico_______________________
Agriculture and commerce________________________
Labor___________________________________________
Health__________________________________________
Auditor_________________________________________
Insular police__________________________________
Public-service commission_______________________
Civil-service commission________________________
Bureau of supplies, printing and transportation..
Other expenses__________________________________
Judicial.___________________________________________
4,117,110. 77
128, 843. 36
521,849. 30
152, 622.49
1,511,303. 93
166, 360. 48
976,025. 80
48, 974.87
17, 473. 43
2, 097, 581.17
707,706. 52
767, 933. 67
3, 508,303. 95
109, 545. 77
352, 989.16
127,982. 42
1, 014, 643. 74
138, 592. 41
‘ 827,841.21
44,045. 72
20, 998. 25
1,127, 539.37
826,477. 64
626, 097. 32
4,136,727.51
109, 965.80
108,999. 78
266, 604. 40
155,115.65
1,344,834.02
131,386. 68
920, 596.75
43,076. 44
20, 979. 52
1,377, 281.17
680, 310.71
692, 098.38
Total expenses.
14, 317, 349. 78
11,180,300. 55
12,869, 581. 69
Other payments:
Transfers to trust funds_________
Municipal and school-board bonds.
572,943. 38
23, 000. 00
1, 513,489. 43
13, 500. 00
2,929, 582.02
94, 000. 00
Total other payments.
Cash balance_____________
595,943. 38
874,422. 06
1, 526,989.43
601, 506.14
3,023, 582. 02
144,771. 22
Total.
15, 787, 715. 22
13, 308, 796.12
16,037, 934. 93
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 33
REVENUE AND OTHER RECEIPTS
[Data taken from Annual Report of the Auditor of Puerto Rico, 1933-34]
The following tabulation shows the revenue and other receipts for
the^ year classified according to the sources from which they were
derived:
Customs_____________________________________________________$1, 600, 000. 00
United States internal revenue______________________________ 149, 594. 24
Property taxes, insular proportion__________________________ 335, 005. 76
Property taxes, proportion of the university tax____________ 453. 56
Excise taxes________________________________________________ 7, 099, 582. 22
Inheritance taxes_______________________________________________ 55, 396. 13
Telephone and telegraph receipts_______________________________ 121, 933. 51
Court fees and fines____________________________________________ 18, 805. 70
Harbor and dock fees____________________________________________ 48, 266. 36
Interest________________________________________________________ 34, 902. 31
Income tax__________________________________________________ 1, 591, 147. 07
Miscellaneous__________________________________________________ 215, 977. 03
Total_____________________________________________ 11,271,063.89
Cash on hand July 1, 1933________________________________ 601, 506. 14
Total______________________________________________ 11,872,570.03
STATEMENT OF INSULAR REVENUE RECEIPTS FOR CERTAIN YEARS
[Data taken from Annual Reports of Treasurer of Puerto Rico]
For purpose of comparison, there are set forth below, the amounts
of insular revenue received for the first full year of American occu-
pancy, 1900-1901, and for each of the last 10 years:
Fiscal year: Receipts
1900-1901_______$2,357,232.36
1924- 25________ 8, 532, 741. 27
1925- 26_________ 11,773,953.87
1926- 27_________ 11,358,824.50
1927- 28________ 12, 446, 219. 13
1928- 29_________ 11,004,138.52
Fiscal year—Continued Receipts
1929- 30________$9, 614, 246. 64
1930- 31________ 11,054,197.56
1931- 32________ 12, 662, 359. 76
1932- 33________ 9, 374, 358. 22
1933- 34________ 11,271,063.89
THE BUDGET
The following sums for the current expenses of the Government of
Puerto Rico were appropriated in the annual appropriation acts for
each of the last 10 years:
1925- 26______________$10,417,000
1926- 27______________ 10, 450, 000
1927- 28______________ 10, 440, 000
1928- 29______________ 10, 968, 000
1929- 30______________ 10, 499, 000
1930- 31_______________$10,174,154
1931- 32_______________ 11, 285, 245
1932- 33_______________ 10, 287, 835
1933- 34________________ 9, 007, 018
1934- 35________________ 9, 865, 714
Note.—Figures for 1925-26 to 1929-30 were obtained from Governor’s report
for 1928-29, page 35. Subsequent figures have been obtained from Laws of
Puerto Rico. Figures for 1933-34. are net, after deductions specifically ordered
in the act.
ASSESSED VALUATION OF PROPERTY
[Data taken from Annual Reports of Treasurer of Puerto Rico]
The following statement shows the total assessed valuation of real
and personal property in Puerto Rico, for taxable purposes, for the
years stated:
1901-02________________$96, 428, 306
1927- 28______________ 341, 370, 654
1928- 29______________ 344, 865, 104
1929- 30______________ 330, 274, 020
1930- 31______________$331,205,535
1931- 32_____________ 324, 309, 117
1932- 33_____________ 314, 320, 074
1933- 34_____________ 297, 119, 629
34 REPORT OP CHIEF OF BUREAU OF INSULAR AFFAIRS
Schedules of assets and liabilities as of June 30, 1934
[Data taken from exhibit 2-A, Annual Report of Auditor of Puerto Rico, 1933-34]
Current year (1933-34) Previous year (1932-33) Difference
ASSETS Land and equipment $52,041,863. 26 8, 932, 562.15 1, 235,174.14 2,088,844.19 16, 636. 72 11,627,358. 65 188,272. 47 $51,604,480. 95 8,772,884.41 1, 286, 793.75 2,133,771. 33 1,160.00 10,763,376.63 164,217.87 150.00 114,410.96 2,255,594.24 $437,382. 3i 159,677.74 i 51,619.6i i 44, 927.14 15,476. 72 863,982.02 24,054. 60 i 150.00 i 17,118.23 288,642. 58
Cash
Sinking funds
Trust-fund reserves
Notes receivable
Accounts receivable
Other deferred assets
Loans to municipalities..
Deferred debits 97, 292. 73 2, 544, 236.82
University of Puerto Rico
Total
78, 772,241.13 77,096,840.14 1,675,400.99
LIABILITIES Notes payable
863, 494. 54 4,898, 575. 62 14,037,677. 72 17,851.88 1, 756, 297.17 27,875, 000.00 2, 544,236. 82 3, 061,688.01 (836,856. 83) 2, 306, 278.82 22,247,997. 38 1,173,494.54 4,164,803.07 13,544, 494.50 7,051.88 2,460,578.59 28, 542,000.00 2,255, 594.24 2, 980,721.09 (715,418. 57) 2,093,211.98 20, 590,308.82 i 310,000.00 733,772.55 493,183.22 10, 800.00 1 704,281. 42 1 667,000.00 288, 642. 58 80, 966. 92 1 121,438. 26 213,066.84 1,657,688.56
Accounts payable _ _
Trust-fund liabilities
Deferred liabilities
Deferred credits
Bonded indebtedness _
Trustees, University of Puerto Rico... ...
Surplus, Guayama irrigation service
Surplus, Isabela irrigation service
Surplus, hydroelectric projects
The people of Puerto Rico
Total _ , _
78,772,241.13 77,096,840.14 1,675,400.99
i Decrease in fiscal year 1933-34.
Appendix G
DOMINICAN REPUBLIC
DOMINICAN CUSTOMS RECEIVERSHIP
The following table shows the financial transactions of the receiver-
ship during the fiscal (calendar) year ended December 31, 1933:
Statement of the customs service, Dominican Republic, year ended Dec. 31, 1933
RECEIPTS
Balance from Dec. 31, 1932____________________________________ $37, 481. 63
Gross collections_____________________________________________ 2, 999, 577. 93
Miscellaneous receipts________________________________________ 443, 396. 25
Provisional receipts, pending cancelation as of Dec. 31, 1933- 44, 134. 00
Total______________________________________________ 3,524,589.81
EXPENDITURES
Customs expense_______________________________________________ 122, 643. 46
Sinking-fund payments_________________________________________ 100, 000. 00
Interest on bonds______________________________________________ 452,017.56
Paid for account of the Dominican Government, as per special
authority__________________________________________________ 2, 345. 32
Taken by the special emergency agent of the Dominican Govern-
ment, from January to December 1933__________________________ 2, 729, 319. 00
Exchange on funds transmitted_________________________________ 2, 129. 08
Accrued liability fund________________________________________ 1, 539. 45
5-percent convention account disbursements____________________ 1, 050. 22
Refund of duties collected in excess__________________________ 1, 043. 30
Personal fees refunded________________________________________ 9, 729. 85
Provisional receipts pending cancelation on Dec. 31, 1932, can-
celed during 1933____________________________________________ 36, 841. 00
Balances on hand Dec. 31, 1933:
Accrued liability fund___________________________________ 5, 166. 43
5-percent convention account_____________________________ 27, 547. 49
$6,700,000 loan, 1922, interest account------------------ 22, 021. 06
In transit from deputy receivers_________________________ 11, 196. 59
Total______________________________________________— 3,524,589.81
35
Appendix H
[H. Ct. R. No. 61, Ninth Philippine Legislature, third session]
CONCURRENT RESOLUTION NO. 46
Concurrent Resolution informing the Congress of the United States
that the Philippine Legislature, in its own name and in that of the
Filipino people, declines to accept the act of Congress, entitled “ An
act to enable the people of the Philippine Islands to adopt a con-
stitution and form a government for the Philippine Islands, to
provide for the independence of the same, and for other purposesâ€,
in its present form and appointing a committee to proceed to the
United States at the earliest practicable time to seek amendments
to said act of Congress, or the enactment of such new legislation as
will fully satisfy the aspirations of the Filipino people to become
at the earliest practicable date a free and independent nation,
under conditions and circumstances that will not imperil the
political, social, and economic stability of their country.
Whereas, the Congress of the United States on the seventeenth day
of January, nineteen hundred and thirty-three, enacted a law,
entitled “An Act to enable the people of the Philippine Islands to
adopt a constitution and form a government for the Philippine
Islands, to provide for the independence of the same, and for other
purposesâ€, commonly known as the “Hare-Hawes-Cutting Lawâ€;
Whereas, section seventeen of said law provides that the provisions
of the same “shall not take effect until accepted by Concurrent Reso-
lution of the Philippine Legislature or by a convention called for the
purpose of passing upon that question as may be provided by the
Philippine Legislatureâ€;
Whereas, the Philippine Legislature fully appreciates the good will
shown by the Congress of the United States toward the people of
the Philippine Islands and its efforts to finally settle the Philippine
question by enacting said law;
Whereas, the Philippine Legislature believes that in providing that,
the said law shall not take effect until accepted by the Philippine
Legislature or by a convention called for the purpose of passing upon
that question, the Congress of the United States intended to secure a
frank and honest expression of the will of the Filipino people regarding
the above-mentioned law;
Whereas, the Philippine Legislature is opposed to the acceptance
of said law in its present form because, in the opinion of the Legislature,
the law does not satisfy the national aspirations nor does it safeguard
the welfare of the Filipino people or the stability of the social,
economic, and political institutions of their country: Now, therefore,
be it
Resolved by the House oj Representatives, the Philippine Senate
concurring, That the Philippine Legislature, in its own name and in
that of the Filipino people, inform the Congress of the United States.
36
REPORT OF CHIEF OF BUREAU OF INSULAR AFFAIRS 37
that it declines to accept the said law in its present form because, in
the opinion of the legislature, among other reasons, the provisions of
the law affecting trade relations between the United States and the
Philippine Islands would seriously imperil the economic, social, and
political institutions of this country and might defeat its avowed
purpose to secure independence to the Philippine Islands at the end
of the transition period; because the immigration clause is objection-
able and offensive to the Filipino people; because the powers of the
High Commissioner are too indefinite; and finally because the military,
naval, and other reservations provided for in the said act are incon-
sistent with true independence, violate national dignity, and are
subject to misunderstanding.
Resolved further, That a joint Legislative Committee of the Senate
and the House of Representatives be appointed, as it is hereby ap-
pointed, subject to the directions, purposes, and authority herein
stated, to be composed of the Honorable Manuel L. Quezon, President
of the Philippine Senate, as Chairman of the Committee on the part
of the Philippine Senate; the Honorable Quin tin Paredes, Speaker of
the House of Representatives, as Chairman of the Committee on the
part of the House; Honorable Elpidio Quirino, majority Floor Leader
of the Senate; Honorable Jose C. Zulueta, majority Floor Leader of
the House of Representatives; Honorable Sergio Osmena, Senator from
the Tenth District; and Honorable Pedro Guevara, Resident Com-
missioner to the United States, and that an invitation be and is hereby
extended to General Emilio Aguinaldo, President of the erstwhile
Philippine Republic; Honorable Juan Sumulong, former Senator; and
Honorable Isauro Gabaldon, former Senator and Resident Commis-
sioner, to join said Legislative Committee and form a part thereof,
General Aguinaldo as Honorary Chairman and the others as members.
The Committee thus constituted shall proceed to the United States
as soon as convenient in the interest of the public service, and convey
to the Congress of the United States the appreciation of the Filipino
people for the enactment of the law of Congress, entitled “An Act to
enable the people of the Philippine Islands to adopt a constitution and
form a government for the Philippine Islands, to provide for the inde-
pendence of the same, and for other purposes.â€
The Committee shall, at the same time, express to the Government
and people of the United States the objections to the said law and the
reasons therefor, and petition the President and the Congress of the
United States for changes therein or the enactment of such new legis-
lation as will fully satisfy the aspirations of the Filipino people to
become at the earliest practicable date a free and independent nation,
under conditions and circumstances that will not imperil the political,
social, and economic stability of their country.
The Philippine Legislature approaches the Government and people
of the United States through this Committee, in the hope and confident
expectation that they will not ignore the appeal of the Filipino peo-
ple—a people who, in the language of every American President since
the inauguration of American rule, have been placed by Divine Provi-
dence under the protecting care of the American Nation so that they
may enjoy the blessings of freedom and happiness which are the
heritage of the people of the United States.
Adopted October 17, 1933.
Appendix I
Arrivals and departures of Filipinos in and from continental United Stales and
Hawaii; and total remaining
CONTINENTAL UNITED STATES
Year ended June 30— Arrivals Depar- tures Net in- crease or decrease Year ended June 30— Arrivals Depar- tures Net in- crease or decrease
19201 1921 678 891 108 433 +570 -458 1928. 6,196 1,191 1,146 1,563 +5,005 +10,414 +4,303 +1,969 -1,467 -1,643 -104
1922 339 360 -21 1929 11,560
1923 1,394 259 +1,135 +3,628 +1,720 +6,095 +8,236 1930 * 5,866 4,363 1,243 623
1924 3,951 2,187 6,806 9,047 323 1931. 2,394 2,710
1925 467 1932-
1926 711 1933 2,166 1,175
1927 811 1934 1,071
TERRITORY OF HAWAII
7,763 5,723 +2,040 1933 581 6, 630 -6,049
6,389 4,794 +1,595 1934 433 4,944 -4,511
4,347 5,771 -1,424
1 Total within continental United States, census of Jan. 1,1920, 5,603.
* Total within continental United States, census of 1930, 45,208.
3 Total within Territory of Hawaii, census of 1930, 63,052.
Note.—Upon the acceptance of the Independence Act by the Philippine Legislature on May 1, 1934,
the Immigration Acts of 1917 and 1924 and other laws relating to immigration were made applicable to
citizens of the Philippine Islands who are not citizens of the United States as regards entry into conti-
nental United States. “ For such purposes the Philippine Islands shall be considered as a separate country
and shall have for each fiscal year a quota of 50†(sec. 8 (a) 1, Public, No. 127, 73d Cong.).
Source: Insular collector of customs, Philippine Islands, and Bureau of Immigration, U. S. Department
of Labor.
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PAGE 10
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PAGE 13
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PAGE 14
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PAGE 15
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