Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1877-09-12

oh1Ieu, 10 some extent aJ least, Dy mem
bers of the present government of the
United States, and this may possibly ex-
plain why Secretary Evarts has been
unwilling to assume any doubtful au-
thonty for the purpose Of securing the
representation of the United States lin
the exhibition of 1S7S.--Nev York
Tribune 9 teaJ
American Commerce.
London Globe
Areport by Mr.. Plunlzett on the COM
merce of the United States for 1876 has
just been issued from the foreign office.
He states that, leaving aside the extra
exports OF Canada, Of which no return
can be obtained for the calendar years,
the results of the trade Of 1876, as com
pared with that of 1875, may be summed
up as follows: A decrease Of f15.275.-
1872 IN the amount of goods imported:
an increase Of G15 500, $50 in the amount
OF domestic goods exported; an increase
OF Els, 93S,77O in the amount of domes-
tic and foreign goods exported; an in
crease OF G2,311 ,S13 in the amount of
bullion and specie imported; a decrease
Of 94,5S9,SOS in the amount of bullion
and specie exported. Or, taking mer-
chandise, bullion, and specie together,
the results are: A total decrease of e12,-
963,379 on imports; a total increase of
I'll ,34S, 962 on exports.
Mr.. Plunkett observes: There has
been a great deal of INSTRUMENTATION
both in congress and in the American
press over the favorable balance oftrade
shown by the returns of the past year.
Judging, however, from the numerous
failures which are daily taking place,
and from the continued depression so
painfully visible in every branch of
trade and industry, it would seem that
this falling off in the imports is in reali-
ty the result of enforced economy
among the masses in consequence of
their diminished resources. In the
words of an article which appeared in
the last number of The North american
Recie'O: "Our whole trade is paralvzed.
The manufacturers do not use the same
quantities of raw materials, such as
WOOL metals, hides, and many other az
ucles, while the people use less sugar,
coffee, and other necessaries, as we'll as
luxurles, both domestic and imported -
1t is contended, on the other hand. by
the protectionists, that this decline in
the imports is due, not to the CONNER
cial crisis still going ON here, but to the
gradual and steady development of ma
tive industry; and they point more es
peclally to the increasing expectation of
American textile fabrics to foreign coun-
tries as a proof of the great increase in
the home production of such articles.
1t IS, however, very doubtful whether a
portion OF the increased expectation of
American textile fabrics to foreign coun-
tries IS not owing also to the more limit
ed demand there has beenfor them at
home. It is from this point of view
that L propose to examine the returns
rnd see how far they bear out the .opti-
mist view of the case.
Mr.. Plunkett gives. the following facts
bearing more directly on the trade be-
tween Great Britain and the United
States: By far the largest amount Of
breadstuffs went to the British isles.
They took, IN round numbers, over SOL
OO0,O00, 900 worth Of breadstuffs out of a
total of ssomeWhatgove $4,000. 900.
Provisions are also. exported chiefly to
the British islands They took over
$56,OO0,OOO out Of total somewhat ex-
ceedlng t$48, Geo. 900. A new and singu-
lar feature sinAthe provision trade be-
tween the. United States and Great
BrltaIns rs the increasing expectation of
beef, which is. killed on that side of the
Atlantic very largely indeed as far
away as Chicago, and is then sent over
III ice to Liverpool where it is sold at
lower rate than beef of the same quality
can be bought for in the retail markets
of New York. At the present. low rub
ing Of freights between American and
English ports this trade is found to be
remunerative, and measures aresbeings
taken for carrying it out on still larger
scale. The best customers for Ameri-
can iron and for manufactures of iron
and Of steel were the British. North
american. colonies.
IMPoRTs AND WHERE THEY COME FROM.
The. imports from Great Britain and
Ireland 1876 fell off $50, 1914, 1868 &C.,
43S, 972), and those from the colonies
fell Oft $1o,326, IT'S, making a total dimi-
mutton for the, British empire Of $$422,
952b639 (eS,504,328), leaving only $34,-
FOG, O43 f6, 941 ,328) Of the decrease, to
be made up bySall the other countries
of the world. Tins Great Britain and
her colonies, furnished about seven
twelfths of all the imports into the
United States and bore about seven
thirteenths Of the diminution that took
place on imports in the fiscal year ended
June 30y1s76. More than half of all
the domestic exports from the United
States ia the last fiscal year went to, the
British isles, and with her colonies the
British empire took, almost two-thirds
ofIthe whole amount exported I sas
CENsURING, with the desire to mortify,
is very different from that suggestion Of
ourlerrors, which it is the Office of friend
ship to. give; and we should Judge differ
emily of the same language if delivered
with contrary intentions. sfsdsTi
CIRCASSIAN women are selling theirs