US Presidency
1892

The most convincing evidence of the tremendous commercial strength of our position is found in the fact that Great Britain and Spain have found it necessary to make reciprocal trade agreements with ns for their West India colonies, and that Germany and Austria have given us important concessions in exchange for the continued free importation of their beet sugar. A few details only as to the increase of our trade can be given here. Taking all the countries with which such arrangements have been made, our trade to June 30, 1892, had increased 23.78 per cent; with Brazil the increase was nearly 11 per cent; with Cuba, during the first ten months, our exports increased $ 5,702,193, or 54.86 per cent, and with Porto Rico $ 590,959, or 34 per cent.