Telegram-herald. ([Grand Rapids, Mich.) 18??-1892, 1891-05-08
WANTS OUR TRADE
Reciprocity Finds Favor Both
South and East
AMERICAN ENERGY APPRECIATED
The yies-PrsstasnG Of the south Ameri-
can Country cemss To W Washington
10 SsEstIAts FOR Closer
Trade Relatives.

WA9HfSGToS, May T--Peru wan
reciprocity with the United States
The new minister. Mr.. Solar. is now in
New York. but viii come TO Washing
ton 70 present his credentials soon after
President Harrison returns Though he
comes a. regularly accredited minister,
IL Is understood that Mr.. Solar Is
really on special mission 70 nego-
tiate . reciprocity arrangement with
the United States. Since the funding Of
tho national debt BY the 0rsce syndi-
cato Peru has been coming oat Of the
anaeonds grip Of Chilli Its commerce
Is looking up and its future
Is once more hopeful Closer
trade relations with the United
States are important 10 Peru
II is the only South American coun-
try besides Brazil which produces sugar
IN large quantities. Its sugar planta-
tons were destroyed in the war with
Chilli. but they are open TO great devel-
opment So il is important TO Peru
;hAt 1t insures . lasting tree market
Cor this product in the United States
Il has also growing export trade in
rides These products will form the
basis of the Concessions to DO made to
the United States
Peru took from the United State last
81, 500, 900. These included breadstuffS
cotton manufactures manufactures Of
iron and steel, petroleum. lumber and
provisions Nearly al th1ee articles
are dutiable. There Is . speeial de-
mand at present tor American ard. and
this win undoubtedly b included IN
the concesaions- vexatious fees In no
gard to the certincatioh of invoices win
also probably be modified as was. done
by the Brazilian government ID its reci-
procity arrangement Though the syndi-
cate which funded the Peru national
debt was made up mostly Of English
men, . good deal Of the material and
machinery it Is using In building rail-
roads is shipped by the United States.
This machinery and material goes In
free In pursuance Of the agreement
made with the syndicate.
A reciprocity arrsnRtment between
likely TO give the same privileges to Ill
citizens OF the United States who are
developing the mining and other indus
tries of that country. Minister Solar il
q good deal Of q man In his own coun-
try, and is something Of an off1cehold-
er. Besides his present Office, that of
minister to the United States and To
Spain. he Is also vice president of Peru
and n member of the Peruvian senate.
Venezuelan reciprocity seems to be
close at hand. though President Har-
rison's proclamation cannot be issued
until the official notice comes through
the regular diplomatic channels.
Ex-Minister Soteldo has received
private advices that the govern
ment Of Venszuels April 90
formerly ratified tho reciprocity
agreement with the United States.
This places venezuela with Brazil in
its new commercial relations with the
United Statea The Importance which
this agreement assumes to the United
States Is shown by the fact that our
imports from Venezuela during the
fiscal year ended June 80. 1890.
amounted in round figures to
81. zoo, 900, OF which $1,000. 000
was in coffee. Our exports to Ven.
ezuela amounted during the same
period to only about 81. 900, 900, leaving
a balance of trade against the United
States Of $1,000. 900. With the estab-
lishment of frequent steamship COM
munication through the postal-aid bill
and the admission of American prod
,ucts duty free this great difference may
be rcctified and the wealth of the
lIrr;t.d St.tes ;pcreased hv that much