The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1892-09-30
RECIPROCITY.

The Showing Made ET the Treasury Re
ports For JaIy-It Does Sot ReciProcats
worth Cent
The course of the trade of the United
States with those of the countries with
which reciprocity treaties have been
negotiated, IS q curiosity which it is
difficult to understand With some of
these countries our trade has actually
decreased since the removal of the OBJ
stacles to trade by the reduction or re-
movaI of the import duties in both this
country and those with which we have
the treaties while In the case of others
of these coun tries there is no proper re-
latiOn between the effects upon imports
and exports.
The treasury report for July shows,
for the twelve months ended July 81,
1892, as compared with the correspond
ing period one year previously, that we
increased our imports from Brazil by
the sum Of SOS, 2J9, 8Gl worth, and for
the same period increased our exports
to Brazil by only %, 600, 633 worth. For
the former period the balance of trade
with Brazil was against US to the
ter period this adverse balance has
svelled to sI12, ,5T4. 2zA-
The report for Cuba is for eleven
months The United States increased
her sales to that country during these
eleven months by S5,441,5T5 over the
reciprocity, and has increased her pur-
chases from that country by 81, 034, 484.
During the period when we had no reci-
procity, the balance of trade against
this country in flvor of Cuba was s tJ,
794, 1872 Un Ter rcciPro city this adverse
balance has increased to SJ5,2 ,277, ,1jL for
the corresponding period.
With Puerto Rico, fortune has, in a
small way, favored reciprocity. Thus,
nEa al afr
we have increase our imports from
that country by only Si93,3lO, while we
have increased our exports to that
country by S5JB,C7O, and have reduced
the adverse balance from SI,O32, ,OGC
without reciprocity to SJj5701 with
rcciprOcity.
In the case of British West Indies.
reciprocity has been in effect for six
months Both imports and exports
have decreased as compared with the
corresponding period last year. and the
balance of trade which was formerly
IS, $50, Z23 has been reduced to S4,GTS,-
O40.
With Salvador, our experience under
reciprocity has been even more sad
During the six months period we have
increased our imports by SS48 $50 and
have decreased our exports 10y s29,62O,
increasing the adverse balance of trade
from $500, 4J2 for six months without
reciprocity, to 81, i,69s, ,25I for the corre-
spending period with reciprocity.
Our trade with British Guiana has
diminished on both sides, the imports
having declined from S1,44g,443 for the
six months ended July 81, 1891, to
S572, CSC for the corresponding period of
1892, and our exports to that country
for the corresponding period have de-
clined from s57s, SO+ to Sl77, s5S, chang
ing an adverse balance of trade to a
balance in our favor.
In the cases OF Guatamala and Of
Austro- Hungary, we have slightly de
creased our imports and have increased
our exports about the some amount,
but have left still balance against rs
in both cases.
The aggregate showing is that our
exports to the reciprocity countries have
been somewhat increased, but, as in the
former showings summarized in these
columns, this increase has been at the
expense of greatly increased imports
from these coun tries and a much larger
balance of trade with them.
These results are doubtless disap-
pointing to both the advocates and the
opponents of the Mckinley law. To
the adyoca tcs it Is far short of an in
dOrsement, while to the opponents il is
substantial argument against free trade,
apparently indicating that, with mar
lcets on both sides free, American
traders are not sharp enough to sell a
dollars worth of goods without buying
several dollars worth, and thus creating
a debt to be paid in gold. Kansas
Farmer.