Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1892-08-04
Results of Reciprocity.

The Treasury report of exports and
imports for May contains a valuable
and interesting table, showing the re-
suits of the reciprocity policy of the
United States with countries with
which reciprocity has gone INTO effect
by placing side by side the values of
exports and imports of these coun-
tries before and since reciprocity ire
aties went into effect. The periods
covered vary from fourteen months
In the case of Brazil down to two
months In the case of British Guiana
Reciprocity seems to have served
an excellent purpose in increasing
our purchases in these countries, but
has not succeeded so we'll III opening
enlarged markets for our products.
Thus during the fourteen months
ending May 81, 1891, we imported
from Brazil $94, 913. 07S worth of mer-
period ending May 81, 1892, our i'm
ports amounted to $135, 210, POI. Dur
ing the period ending in 1891 we ex-
ported to Brazil the value of &c.
080,l34 During the period ending
IN 1892 we raised this amount to $16,-
991, 622. Without reciprocity the bal
ance of trade against us and in favor
of Brazil was $78,632, 944. With re-
ciprocity we succeeded in raising this
balance against us to the very re-
spectacle sum of Sis, 21S, 500.
In the case of Cuba reciprocity had
been in operation niEe months at the
date of the report, and during these
nine months we succeeded in Increas-
ing the balance against US from S34,-
602,584 without reciprocity to $40,-
372, 1913 with reciprocity.
In Porto Rico the results are bet
ter and the balance of trade of $685.
729 against us without reciprocity
was reduced to $123, 500 with reel
procity.
In British West Indies the balance
against us in four months without re-
ciprocity was 81, 1852, 1928, and during
the corresponding four months of re-
ciprocity we have increased this adj
verse balance to 50, $50. 1853.
In Salvador the balance against us
in four months was $842, 412 without
reciprocity and during the cores
ponding four months with reciprocity
this adverse balance was raised tC
81, AGE, 621.
In British Guiana we had better
luck and reduced the adverse balance
of $347, 1894 during two months with
out reciprocity to an adverse balance
of $14,931 during the corresponding
months with reciprocity.
These are the only countries fol
which the results of reciprocity are
reported by the Treasury Depart
ment. Our total imports from al
these countries under reciprocity have
been $201, 1926, S76. Our total exports
to these countries under the reciproc
ity arrangement have been $3S, 07S.-
1873, leaving a balance of trade agalns
us of $163, 874, 543. During the cor
responding periods before the reel
procity arrangement was entered into
our imports from all these countries
amounted to $50, 370,3 01, and our ex
ports to these countries during these
periods were S32, 035,092. Without
reciprocity the balance of trade with
these countries was against us to the
amount of Sis, 1886, 209; with recIproc
. ity we succeeded in increasing thii
adverse balance to the sum of 1853,
! S47, 543 for the corresponding months
Reciprocity has been negotiated
with some other countries. But The
+ Treasury has not attempted to tabu
late the results in any except thos
( above enumerated. If experience
with the others shall prove no NOR
: satisfactory than with those reporte
there Will be no great enthusiasm TO
extension of the experiment. -Kansa
: Farmer.