The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-08-06
importcFs'

NEW IOHKI august 0.-5Houlu ,Eue
war between China and Japan DO .
prolonged struggle It Is very certain
that Geveral lines OF trade In this coun.
try will be seriously affected. Already
tho prices on some kinds Of oriental
goods havo been advanced, but this is
due to q speculative movement rathOr
than tho war itself.
Tho three principal imports from
China and Japan arc teas, silks and
rico. OF course thcrO arc any number
Of other articles shipped to this coun-
Try, such as carpets, rugs, roses brlc'
a.brac and mattInGs, but these arc com.
modiHes tho great balk Of tho American
people can go very comfortably with
out, II necessity should compel thctn to
do 30. The tea trade ls by far the most
important commercial interest this
country has with the warning coun.
tries. II has grown enormously during
tho last twenty years, millions Of dollars
having been ,nade In the business.
Last year l00,O0O,000 pounds OF ten
came 10 this country from Japan and
China OF this amount 100000
pounds romalnod IN the United States.
The rest was shipped to Canada and
other aeas.by places. The consumption
Of too In this country is ono aud ono
quarter pounds per capita
PLENTY or TEA HERE.
During tho panic Of last year and tho
consequent fall in tho price Of silver, the
price Of tea dropped aud tho thrifty
United States importer proflted thoro-
BY, Most OF them bought extensively,
So that to-day there Is in this country
enough tea 70 supply tho curront do.
maud for O yoar 70 como, O0,OOO
pounds having como in since July !.
and about tho came quantity Is now
adoat, bound for tho United States.
Furthermore thcro Is no reason why
tho shipments should not continue In
definitely, as none OF tho treaty ports
have hcCn declared closed.
The probabilities arc that tho neutral
powers wilt insiat that all th6 shipping
ports remain open to tho FREQ exit and
entrance OF oil vcssole carrying goods
not declared 10 be coutraband OF war:
THIS %us tho case during tho war OF
1910, when the Chinese were whipped to
a standatitl. ! Tho samo practice was in
voguo during subsequent vars In tho
Celestial kingdom.
Mr.. Bennett, tho sonior member Of
tho firm Of Bennett & Co., Vosey and
Greenwich streets, said to-day that ho
thought there might DO au advance In
the prico Of ten, but II would DO q
natural rise due to the Improvement IN
the financial situation.
sreCuLAToRs ARE WAITING.
Mr. Bennett thought there Nigh. DO
IN effort on the part OF tho speculatora
to corner tho tea output at rormosa, as
that Is tho most desirable Of all Tho
tons shipped to this country. Formosa
Is under tho protection OF tho Chinese
ompire. II is not unlikely that tho
Japanese will mako flank movement
upon this island. Should this happen,
Formosa ten shipments would hayc 70
cease. at least for wililo. This would
rive tho spectators tho opportunity
thew arc looking for now. as there is
little or no doubt most OF them arc VOL
stocked with this brand.
The silk trade between this country
and Japan and China Is no small item.
last wear there were 14,4o2 bales OF
silk imported from Japan at cost OF
S. lGl, s75. Tho importation from
Shanghai was 6,29G bales, and tho cost
S2,OGG,slS. There Is q great difference
in tho quality Of Chinese and Japanese
silks,
Tho bulk OF the trade goes to japan
for tho reason that tho Japanese arc
bright, up-to.date people. They will,
however. snGer more financially In the
evont OF q prolonged war than tho
Chinese. A momber OF tho hrm OF A.
A. Vantine & Co., Japanese Importers.
explained to-day why this was,
THE CHINESE Wilt WIN.
"Yoa $780," ho said "lho on.lrc popula-
ton Of japan Ia only 100000. Most
Of these are agricultuelsts or artisans.
Every abic.bodied man 10 liablo to sor-
Woo In tho japanese army. II tho war
10 continued, Of course tho Industrial
ranks OF tho country will be speedily
depleted. This mouus that tho looms
will cease to run, and tho works where
wo got all our Emo Japanese goods Will
shut down. Naturally thcn tho prices
',"In China tho case ls different Thoy
have a population Of over 400, 00o, oOO.
Il win DO n long time before oil that
work cithcr in the fold or the WORK.
shon are called TO arms. China can go
right along fighting Tor years without
any material difference to tho commerce
Of tho country. So far rs tho two ma
tons are concerned, tlIoro is no room
ior comparison. Tho Japanese will
have everything their own way for
awhile, because they arc superior az
fighters In every way, but thoy WIN
eventually DO boatcn by tho more iorco
Of numbers.
$50 far as the price Of such goods rs
VIC handle is concerned, thero Is no Inn
mediate cause for IN advance. Wo an:
ticipate that we can stand two years
war without being sCriously inconvon'
fenced. What would happen II the war
was prolonged aftOr that timc l cannot
state"
Tho other stores In Now York that
handle Japanese goods all have large
stock on hand, and arc not liaO!o 10
suffer from short war.
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