Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1886-01-06
eureka DAILY 9entinel.
WEDNESDAY. ..... JANUARY 6, 1886.
ENGLAND AS A CUSTOMER.
Bradstreets give the statistics of o,

Bradstreets give the statistics of our
foreign trade, showing to what degree
England is our customer, aud in that
connection presents these facts: sit has
been remarked that the chief among the
foreign purchasers of American products
is Great Britain. In how extraordinary
q proportion her demands upon our re-
sources, and therefore her contribution to
our wealth, have exceeded those of any
other nation, can only be realized by ex-
aiming the statistics of our foreign
trade. By these it is shown that of the
total domestic exports Of the United
States in the last ten years, amounting,
as already stated, to about $1,000, 000,-
600, q tri1e less than foursevenths, or,
to speak with accuracy, So, 033, 600, 900,
have been sent to Great Britain. In the
year 1881 the exports from this country
to Great Britain were SAT-, 50,6l9, not
including specie or foreign goods brought
here and re.exported. Out Of 920, 000,-
900 bushels OF wheat shipped from Amer
Jean ports in the 10 years ending with
1884. 5G5, 900, 600 bushels went to Great
Britain, being about five.eights of the
whole amount. In the same period, out
of 50, 900, 900 barrels of wheat -four, 81.
DOC, 900 were shipped to the English mar.
ket; of GAO, 0O0, 900 bushels of indian
corn exported, 445, 0OO, 900 were taken by
Great Britain. and of the g, 900, 000, 000
worth OF cotton shipped to foreign ports
by the United States in those 10 years,
more than 81, 200, coo, 600 worth went to
the same opulent and steady purchaser.
The list ofinstances might be indefinitely
prolonged. but these leading examples
not only show the uniform preponder-
auce OF England over all our other for
eign customers PIT together, but they do
in fact comprise in themselves about one.
half of our export trade.
"The causes which have induced or
compelled Great Britain to resort to this
country for many years past for her sup.
plies OF this character may readily be
pointed out. OF the older countries of
tho Continent, those which produce a
surplus above their W requirements
cannot, even in their most fruitful years,
fully meet her demands, and hitherto
America has been able to count upon the
opportunity OF making good this def
cheney, as a merchant counts upon his
trade with an old and liberal customer.
Even under ordinary conditions this has
been a source of large and unfailing
profit to our people, but in those years
which have been marked b. . serious
falling Oft in the European hafyests the
advantage accruing to this country has
been enormous. 1t was such a failure in
the crops of Europe, coinciding with a
yield of extraordinary profusion on our
own soil, and at the same time a cheap
ening Of his supplies to tke American
farmer, consequent upor a recent finan.
cial crisis, that mado the years from 1879
to 1882. inclusive, a golden period in the
history OF American commerce. The bal.
ance of trade turned in our favor by
1854, 900. 900 in = single year, and in Eve
years more than 81, 900. 600. 900. A net
Importation o! sle7, 300. 900 Of specie'in
tas years 1881 and 1882 made money
abundant in all our financial c%snsers. sad
the activity OF sill our industries-agri.
cultural. manufacturing and mercantile
gave this accumulating wealth Immediate
and fruitful employment. There had
never been before. there may never be
again, 80 striking 0 combination of cir.
oamsssnces favorable to the prosperity of
our natior."