New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-10-03

try. as furnished in document recently LAID
before Parliament. by which 1t was shown
that while the quantity i commodities re-
| ceived in three wears from Us had increased
twenty-five per cent, the rGlue Of merchan-
disc exported to Us in payment therefor mad
Increased only ten per cent. We took occa-
sion at the same time to call attention to the
fact that during all this period we had been
transmitting coin and evidences Of debt 10
the extent of probably fifty millions Of dollars
year, for the purpose of mixing up the de-
fciency in the value OF our exports, and
that the more commodities we sent abroad
the more rapid was the increase Of our debt,
and the more certain was rendered the oc-
currence of revulsion that must sweep
away. BIZ scores and hundreds, the mer-
chants who now fancy that they can be en-
riched BY aid of 4 sy stem that Is destroying
the internal trade of the country-the men
who are now killing the goose that lays the
golden eggs.
In answer to this it will doubtless be said
that our exports to England paw for the tea
we derive from China, the sugar and coffee
We derive from Brazil and Cuba. the cOttons
and wooens we derive from France and
Germany. &c. &c. and it Is with a view
to ascertain the truth of this that we again
desire to call to the subject the attention of
our readers, and most especially that of such
of our mercantile friends as are accustomed
to place reliance upon the remarkable and
most truthful statements usually furnished
to them by our neighbor Of The Journal Of
Commerce.
Commencing with the raw products which
constitute the bulk Of our imports, we now
lay before them the quantity of tea, coffee
and sugar imported in the first three quar-
tiers of the last fiscal year. The official
tables from which these facts are drawn
will be found in the commercial department
in this days paper, and we give below
the quantity for the whole year, supposng
the last quarter TO have been equal to the
average of the three which had preceded it.
Three quarters. Estimate foryr.
Tea, pounds------ ~. dS'9sS i 10 95
Coffee, -.----------llO799,51s HlI32,IIO
Sugar, ---.--------ls9 S69,4l3 1924 800
The table with which we have been fur
nished does not give the exports of these
commodities, but it is probable that we shall!
not greatly err in taking the average of those
of the two previous years gwen IN the fol-
lowing table, together with the amount that
would be left for consumption:
Estimated Exports Left for Cons'p'n
Tea-----...--.--.---2 350,000 l4,6i0.0O0
Coffee -li,sO0,000 1920 10000
Sugar. 100000 236 100000
The average consumption of tea In the
last two years of the tariff of 1912, ending
June 30, 1917, was l5,5O0,000 pounds, and
thus it appears that with an increasing popu-
lation amounting to little short of tWenty per
cent. there has been a decrease In the con-
sumption of this important commodity OF
about SIR per cent. 1t is clear, therefore,
that we find in the trade with China no COM
lenSdJlOU lbT TIC tlOi MUS iHNltdoO HI WIZ
quantity of produce sent to England, and
still less any compensation tor the nifty or
sixty millions of coin, and bonds and stocks
that have been transmitted In the past year.
The average consumption OF coffee IN
the last two years of the tariff Of 1912 was
I3s, 900 600 of pounds, while that Of the
last fiscal year would seem to have been
under 1873 900 900, and thus is 1t established
that of the two great commodities, tea and
coffee, admitted free of all duty, the actual
consumption is less n0w than Il tcas fire
years since. notwithstanding an increasing
population amounting TO about twenty per
cent. We find here no compensation for
the coin and the stocks transmitted to Eng
land
The average consumption OF foreign sd
Gar in the last two years OF the tariff OF
1912 was l66 millions of pounds, or fifty
per cent greater than it had been In the
last two years OF the Compromise. The
average domestic production of the came
years was also loo millions, and the increase
as compared with 1923 almost precisely
fifty per cent. Since then the increase OF
the consumption of both foreiga and
domestic has been about forty per cent,
the former having been 236 and TIE latter
23l millions We have here an increase,
but the ratio of increase is less under the
tariff of 1916 than it had been under that
of 1872, and yet the duty on sugar was re-
duced with a view to accelerate the ratio
of increase
We consume less tea and less coffee than
we did FIVE years since, and the increase IN