Page:Statesman's Year-Book 1921.djvu/702

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UNITED STATES: — PHILIPPINE ISLANDS

Country

United States

Hawaii

Guam.

Japan

United Kingdom.

China.

Netherlands

Hong Kong.

France

Australasia.

French K. Indies

Spain.

Dutch E. Indies

British B. Indies

Sium.

Imports (Pesos)

150,082,829

4,057,758

14,848

23,218,231

0,081,506

14,310,425

209,245

486,550

3,170,845

9,055,765

8.028,757

1,872,254

7,690,649

3,994,714

2,495,633

Exports (Pesos)

113,305,384

526,437

183,286

14,066,855

32,029,743

7,574,430

17,008,786

14,396,440

8,252,953

1 ,613,089

2,427,675

7,855,881

551,379

3,597,87S

141,834

Country

Switzerland

Belgium

Germany.

Canada

Japanese China.

Italy.

British Africa.

Norway

Denmark.

Austria- H ungary

Sweden

Other countries

Total.

Imports (Pesos)

1,266,707

113

733,822

51,426

188,711

111,050

138,363

36,810

36,667

391

11

43,964

237,278,104

Exports (Pesos)

81,213 915,277

130,013 247,020 226,054

7.G94 800

801,131

226,2:15,052

Shipping and Communications.— The greatest bulk of overseas

shipments is made from the i>ort of Manila, although other smaller ports also have direct connections with foreign ports. The most important of these are Iloilo, Gebu, and Zamboanga. More than 400 inter-island vessels are now operated iu the coastwise trade of the Philippines. During 1919, 740 foreign vessels, with au aggregate net tonnage of 1,711,981, entered the Islands, while 719 vessels, with an aggregate net tonnage of 1,705,869 were cleared for foreign ports.

On December 31, 1917, there were in operation, 818 post-offices, 318 money- order offices, 5,471 miles of insular telegraph lines, and 986 miles of cable, with 315 telegraph and cable offices. At the same time there were 388 postal savings banks in operation, with 68,860 accounts. The amount of deposits in the banks on December 31, 1917, was 4,242,179 pesos (Philip- pine currency). Of the depositors 60,795 were Filipinos.

When the United States entered the islands in 189S there was but a single line of narrow gauge track running between Manila and Dagupan, a distance of about 120 miles. Additions have been made to this until the total length of lines in operation at the close of the calendar year, 1920, was 778 miles. The lines are owned by two companies, the Manila Railroad Company, now taken over by the Government, and by the Philippine Railway Company, which the Government is about to take over. Total length of roads (December 31, 1920), 6,200 miles. Besides the foregoing roads there were 1,941 miles of trails passable for horses only.

Banking and Coinage. — There are eight banks doing business in the Islands: the International Banking Corporation, Hong-Kong and Shanghai Banking Corporation, Chartered Bank of India, Australia, and China, the Bank of the Philippine Islands, formerly the Banco Espafiol Filipino, the Philippine National Bank, the Yokohama Specie Bank, the Pangasinan Bank, and the Monte de Piedad. The Philippine National Bank was inaugurated, under a special charter granted by the Philippine Legislature, on May. 2, 1916, with an authorised capital of 10,000,000 dollars, of which 5,050,000 dollars was subscribed by the Government. On July 1, 1916, the Bank was declared the solo Government depository.

The coins used in the Philippine Islands are of tnc following denomina- tions : IVso, one-half peso, peseta (20 centavos), media peseta (10 centavos), flve centavo, one centavo, and one-half centavo. Treasury certificates and