Evening star. [volume] (Washington, D.C.) 1854-1972, 1877-11-02


DECLINE OF THE BRITISH EXPORT TRADE
TO THE UNITED STATEs.-Tne u. 3. consul
at Leeds, England, has forwarded TO the De-
partment OF State a report on the export
trade of that place with the United States.
Woolens and linens are the principal manu-
features of Leeds, and high tariff and home
manufactures have almost CO npletely closed
the markets OF the United States against
these goods, only a small quantity of the
very highest class OF wOOlens. 70 meet the
demands OF that class who will h ave foreign
goods at any price, and "A somewhat larger
quantity OF the very cheapest, being now
exported hi her. The exports OF woolens
from Leeds 10 the United States during the
year ending September 80, 1916, amounted 10
81, li2, ll2, being decrease, as compared with
the preceding year, OF 81 35l $50. The Eng
bsh manufacturers seem 10 have given up al
hopes OF ever again being able 10 supply the
American market with their goods, and have
become thoroughly Indifferent about our re-
Quirements. They are not sure now that
even complete free trade would enable them
10 recover lost grounds. The decline In the
British export trade, and how 70 regain their
manufacturing supremacy, are the leading
topics among The thinking people OF Eng
vestigatiOn, that no effectual remedy can
be applied, but that British commercial IN
terests must continue TO decline, and that
American interests viii be affected in Inverse
ratio. Tue perfection OF our machinery, the
style and finish OF our goods, the results OF
me me, lnkentiye genius OF our country together
can artisans VIII do twice as much
work In a given time as the English
artisan thus eQualizlng the rates of
wages both countries, have not only
shut out British manufactures from our
markets, but have enabled the United States
70 become formidable competitor with
England for the trade of the different coun-
tries. While the export trade OF England 10
The United States Is rapi lily declining her
import trade from the United States Is in
creasing year after year, and these imports
are goods which she must have, while her
US. During the year 1856 England imported
from The United States SS4, Zoo go, and ex-
ported thereto Sl22 900 900; a balance OF trade
In favor OF England of over So 900 900. Dur
ing the year ls76 she imported from this
country goods % the value OF so 1900,
SIS OOO 600, (S5l 900 600 less tkan In 1852
showing a balance of trade In favor OF the
United States OF over s26o ,0oO.0o0. The con-
sui al Leeds concludes his report a. follows.
tined 10 be the one country on the whole
globe where all requirements, both neceSsa-
ries and Injuries. can be produc being de-
pendent upon the countries for nothing in
exchange for her surplus productions, 60
that there must De a constant accumulation
OF wealth.
THE WEEKLY STAR, now ready, contaann
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