Savannah morning news. [volume] (Savannah) 1868-1887, 1884-07-27
AUSTRALIAN TRADE.
The Commercial Relations Between the
United States and the Australian Colo

The Commercial Relations Between the
United States and the Australian Colo
mics.
Some interesting statistics have been
compiled with regard to the growing
trade between Australia and the United
States, says the London Times. In the
year 1888 the United States exported to
Australia 1852, 900 worth OF agricultural
implements, SOS, 900 carriages and carts,
$242, 600 drugs and medicines, s., 203, 900
iron manufactures, S252, 600 steel manu-
features, $111.000 leather and manulae-
lures of leather, S555, 900 kerosene. $50
600 fish. S169, coo sewing machines. S1e6.-
600 tobacco, $4,000 lumber. S229 600
household furniture, and 1924. 900 manu-
features of wood. The total export
amounted 70 Sc, 80. 900. which is an insig-
nilcant sum compared with the total
value Of British exports to Australia
amounting last year 70 $91, O00, 600. Al
though England Is nearer TO Australia
than America. the latter yet hopes to do
a large trade with our distant colonies, as
there are many articles which could be
produced and sent out at greater ad-
vantage.
The Australian export TO the United
States is at present very little, amounting
only to S2.0SS. 900 in the aggregate for
1888. Some fears have recently been ex-
pressed with reference 10 WoOl-growing
in Australia. the staple industry. but
the Federal Australian does not share In
the evil foTebOdings. At the same time il
urges the desirability Of seeking new out
lets for Australian woods in countries
like China and Japan and some Of the
European centers. Eve have done this
remarks the journal in question. 'not
because we labOred under the jaundieed
impression that the English market was
likely 10 be glutted with American woods
this year or next, and that the price Of the
Australian staple would fall = per cent.
/ in consequence, or that our ideas Of the
| present and following seasons clip were
/ believe that the immense surplusage
/ would create a panic in prices
/ in the London market, but simply because
/ we see that as the development Of West
| ern Australia, the northern territory. and
/ Queensland prOceeds-and it has been
| going on rather rapidly Of late-a large
Increase in the staple may be reekoned
upon.1 In 1872 122. 256. 499 pounds OF
wool was imported into America. In 1852
the quantity imported was IS, 964, 236
/ pounds. while the population mad in
creased from 8, 50O, 900 to $1,000, 900. This
great falling OF in imported wool would
appear alarming and perplexing were il
not for the fact that in 1870 the amount
| Of the domestic grown wool in the United
| States was only 100, 102,3 S7 pounds, while
in 1880 it had increased to upward Of
/ 300. 900 pounds. Australia does NOT
/ fear this increase, as the quality Of wool
/ grown in the States can not compete with
/ that grown in the colonies.
Owing to the nature Of the soil in many
| Of the American States II would not paw
/ the farmers to turn their attention 70 wool
/ growing instead Of the cultiYa-
/ ton Of cereals. And. as q matter Of fact.
| great as has been the increase in wool
I growing in America, it bears no proper
| ton to the enormous increase in the pro
I duction Of ether articles. AS Australia
I and America are nearly alike in superb
1 cial area, and as the territory Of the latter
| is being rapidly utilized for cereal and
/ cotton products, while the more distant
| cOntinent-Or such portion Of il as is set
led-is nothing but a huge sheeDWalk.
/ there is no danger for some time to come
Of Australia losing her supremacy in
wool growing.