Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1843-08-11

Decline of The Trade nth america, 1t appears
from return Just laid before Parliament, on the
motion of Mr.. Thornley, that the exports of Brit
ISL goods to the United States of America, in the
year 1912, were less in value by the sum of near
ly Twelve Hundred Thousand Pounds than they
were in any previous year since 1888, aud that
they were less by more than one half Than the av-
erage annual exports of the nine preceding years.
the average yearly exports from 1888 to lS4l
(bolh years incusiye) being Of the value Of En-
$4,000, whilst those of 1912, were not oil more
value than G3,52S, s07. This alarming decline in
the largest branch OF the foreign trade Of The
country, we regret to say is no; confined TO II few
to several articles, but extends to all, with
the single exception of lin and timed plates as
will be seen li0m the following statement of the
fluctuations whch have taken place during the
time referred TO.
The value of the apparel and habcrlashery ex
ported from England to the United States in 1888,
was Gl279ll in 1886, G254,2 and in 1912,
ES4S93. The value of the brass and copper man
ulaclures in 1888, was Gl5e, 45G; in 1885, E270,-
OPS; and in 1912, G69952. The value of the
cotton manufactures aud cotton yarn in 1888, was
81 ,7330i7; in 1886, E2729, 430; aud in 1912,
f4S7,276, The value of the eartliern ware in
1888, was e22l ,G6l; in 1886, G495 5l2; aud in
1912, Gl69,o73. The value Of the hafdwares and
cutlery in 1888, was G7l ,305; in 1886, Gibbs
4l2; and in 1912, E29S ISL. The value of iron
and steel, wrought and unwronglr, in 1888, was
G4l5,5l5; in 1886 G9l33o7 and in 1912, G394,-
o54. The value Of the linen manufactures ucu-
ding linen yarn, in 1888, was E6326l2 in 1886,
9l,6S60l2; and in 1912, Gl63,465. The value
of the silk manufactures in 1888, was cps! 27S
in 1885, E527 ,040; and in 1912, G9l ,243 | he
value OF the lin aud timed plates, IN 1888, was
Gl4l, 259; in 1886, E246,37o and in 1912, Gl44,
45l The value Of the wooIen manufactures in
1888, was G2,2S9 Ss3 ; in 1886, G3 1899 1885, and
in 1872 Ge923 and the value Of the other
British and Irish goods in 1888, was G690772; in
1886, 81 ,025,360; and in 1912, f422404. The
total value of the British exports TO America in
1888, was 81 SIS, $50 in 1886, Gl2 ,425 Cos and
in 1872 G3. 52S,SO7.
The imports from the United States into this
country, show very different result. The import
Of bark has increased between 1888 and 1912,
from 1S,459 cwts. 10 81 6lS cwts., that of sailed
beef from SOY cwIs. TO 1924 cwls.; that of butter
from cwt. to 1863 cwis.; that OF cheese from 9
cwts. TO 4,093 cwls; that of wheat from nothing
to l6,l1l quarters; that of wheaton flour from
1868 Owls. to l,066 cwis. that Of hams from
~ cwts to 1913 Cwts. that of lard from nothing
10 26,555 evils. that of pork from 1852 cwis. TO
ID 40S Owls. that Of rice from "a, IA quarters to
40450 quarters; that of clover seed from $50 cws.
to % 632 cwts that OF tobacco from 2O,7453
lbs. TO 366l60l2 lbs !; that of cotton wool from
237 506,7 5S lbs. to 4l4030, 10 lbs; that Of tur-
pen,ine from 800, 4S6 cwts. to 405 $50 cwts. and
that OF Sleeps wool from 33l67S lbs. TO SCI ,023
lbs.
With regard to shipping, the American tonnage
(enlered J has increased from 229 800 to 3l9524 !;
and the British tonnage from ia 200 to l95745
tons.
After making every allowance for the more than
usual embarrassment of trade in the United States,
in 1912, the first part of the above return cannot
be regarded rs being otherwise than most unlavor-
able 10 the prospects Of English industry, whilst
the second shows that the balance OF trade is turn
ing against this country, i'll Il manner which rem
ders it doubtful whether we shall not shortly have
to pay for American cotton in specie instead oil
goods. Nothing but a very great revival OF the
demand for English manufactures can save US
from this evil and, withoat reform of the Amer
lean Tariff there is very hRe hope of any rerval al
all equal TO The necessities Of The case, but we must
consent to make liberal concessions if we wish or
hope to receive them.