Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1888-03-21

The two months OF the year which have
passed record largely increased outward anC
| inward trade with our country through New
| York, its principal port. Estimates, including
| AL the other ports for the same time, will
probably settle the whole at small balance
of imports over exports. AT New York, fol
the two months named, the imports were in
1885, s73 343 449 in 1887, 81, 26l 772 and in 1888
S8I, $50. The specie and bullion included
above in 1856 was 81 800; in 'S7, s3569,4l5 and
in SS, 81 ,457.0fS. The exports for the same
months in 1886 were s56 568 s2S; in 1887 s5O,53l,
929; and in 1885, s54.94O,5S9 The specie and bull
lion included above was 10 1876, $40, 81, 292; In
49, s., 764, l55; and in 'SS, 81. 5i3 297.
Reviewing our growing commerce in its pres
emit and prospective relations to the finances
of the country, the New York Journal of Com
,aerce is of positive opinion that even with the
entire abolition OF the internal revenue sys-
tenn, the income arising from duties will not
only provide amply for current expenses, but
will be In excess OF necessity, and require
further modification OF the tariff.
Bradstreefs of last week contains very full
statistical review of the trade between the
States of Central and South America, Mexico
and the Empire of Brazil with other countries
including the United States. Our country is
very far in the rear of the position it should
occupy in the growing commerce of our South.
ern neighbors, and, whilst making some prog
ress. it is not, relatively, TO the degree Euro
pean States are pressing their commodities
into these comparatively new and widening
fields of consumption of improved manufact-
ured productions.
European manufacturers of textile fabrics
largely monopoize South American trade
and the manufacturers of leather and its prod
ucts have similar advantage. The United
States takes the lead in furniture and wooden.
ware generally, and in iron and steel we have
fair trade with Mexico and in some of the
States of Central America and in those O.
Columbia, but elsewhere ia South America
Europe controls the situation. Our exports o
domestic merchandise to Brazil fer the pas
statistical year was in value sS07l, 653, whilst
the United Kingdom sold there 500, $50 S7(
worth, and France came in with $40 500, SOP o
values. In the Argentine Republic, the United
Kingdom had sales for So, $685. 42 of values, and
France slS 4s7 4s7 against S. 671,7 29 from the
United States. In addition TO the imports
in 10 the Argentine Republic the States of Ger.
many had q good share also Great Britain
has a large trade in wooden fabrics. the United
States none at all. AS small as al our figures
in comparison with other countries, yet they
are double what they were in 1883 with the
States Of Central America.
The effort to raise tobacco in Australia is
not successful. All the grades except those
raised in soils of decomposed volcanic matter
will not compete with the lowest grades of the
United States whfchpractically hold the grow
ing interests in manufactured tobacco in that
country. The rabbit pest" is very destruc-
tive, interfering with sheep husbandry. A
department of the government for its suppress
sion has been created. American canned
goods have full control of Australian demands
The authority for which we are compiling
information gives very kind notice of the
efforts OF the Industrial Improvement Society
of Middletown, in Frederick county, Va.
which is setting forth the advantages of that
section of the Shenandoah Valley for in
yestment and the location of industrial en-
terprises.
A distinguished French writer is DISCUSSING
the effect Of the Panama Canal upon the com.
merce of the world, and the interest which
France, Germany, and England will endeavol
ultimately to acquire in controlling the Gov
eminent of the country of the Ithmus he
chides the United States in q mild way for its
backwardness in view OF its natural relation.
to the enterprise. and concludes as follows =
1.-The battle of the future must be to the strong
and the time is not likely to be far off wher
the soeptre OF the empire OF commerce. O
wealth and industry will be largely, if no
wholly, transferred to those countries which
| are to be Joined together by one or other O
the waterways that are now being projected
across the American Isthmus"
The coffee and sugar markets have declin
| ing tendency.
| The breadstufs' trade at home and abroad II
| without change as to quotations. The conn
| tries now exporting are keeping up the suppl,
| to those having demands to fill