Milford chronicle., 1893-04-28
Changes In Our Foreign
Trade.

0 TO THE EDITOR OF THE WAomrA
KAN, Eagle.
| have already called the attention
! Of the readers of your paper, iu pre-
vious communications, to the great
change that took in our exports and
: imports during Cleveland's former
administration. When Mr. Cleve-
land entered the White House in
1885 the balances of trade between
this and foreign countries amounted
to about SlG5, 100000 in favor Of
this country. Within three years
thereafter the balance of trade was
overs SOS, 100000 against the country
During Harrison's administra ion
the balance of trade has again swung
back to $293, 900, 900 in favor Of this
country, according to the last official
report.
Another point I have previously
referred to. During the four years
of Cleveland's administration our
exports were $ISS,42O,3ll less than
they were during the four years Of.
the Garfield ana Arthur administra-
tion. Our imports were SIPS, 1872,
472 less. On the other hand, during
the four years OF Harrison's admin
istration our exports have increased
over those under the four years of
Cleveland's administration 1851 ,494,
1872; our imports haYe increased
$575 5O9,194. Our total exports and
imports during the four years of
Harrison's administration increased
81 ,25s, ,7O3, 1886 over those Of Cleve-
land. I have warned the voters of
this country against the danger aris-
ing from the election Of Grover
Cleveland in consequence of these
changes. A ready tie disastrous
effects Of his election are becoming
apparent in the condition Of our for
eign trade. Our exports begun to
fall olf Immediately after the cleo
tion in November last. For the
first two months of 1892 our exports
were valued at sls6,77e,473; for the
corresponding period of 1893 their
value fell off to $l27,6O5, ,SOG. In
January and February, 1892 our
imports were valued at $l2S, ,1O2 .S20;
the imports for the first two months
of 1898 were Sl63, ,4O7, $50; the ex-
ness of imports over exports in Jan !
nary and February,lS93 was S35.
30l ,733; and the gold expectation
'or these two months, largely to pay :
his balance, aggregate $27,S30,C03 +
IN the first two months of 1892 ouf
.xpors exceeded our imports Ly 4
'5S.673 653. 1t will be seen hy these i,
cures that alrca-ly the baiancc OF r
rade has turned very largely against
5. At the close OF the fiscal year
1872 as previously stated, the TAI
nee Of trade was $2029sp, coon "a
or Of this cou%1t Ifit contiun
liough The n ~ 1874 os IL berrn
F6e dfss wo months it will be
arly 5000 900 against us; max
g difierency of over $500, 600, 900
the state Of " foreign trade.
l refer to these facts for the pur
'se of keeping NJ yters Of this
'untry posted as II ,at is going
j. Of course oaN Democratic 4
lends see nothing to eSu-c alarm IS
SO remarkable caaa offgurc-
icy don't see ans thin( 10 cans
lrm in tearing down the Prutc,
~ that surrounds American indus
es, in adopting free aud unlimited \
image of silver and in many other
assures which the Democrats Al d
'pnlists are vigorously recon-
snding the Government TO adopt.
t them wait and carefully watch "
effect of such legislation on the
siHess prosperity of the country.
1 if they are men of good sense
y will be led to change their IN
ws on these subjects. 81 d sd s6
Dir. L. p. MILLER. '0' Il