Red Lodge picket. [volume] (Red Lodge, Mont.) 1889-1907, 1894-02-10
ENGLAND'S TRADE,
The Exceedingly Pess:mistic Report
That Comes From Across the
Water.
Britain Is Said to Be Fast Losing
Her Hold on the Markets Of
the World.
Decrease In Exports and Imports OF
Every kinL-Russian ami Ger
Elall ComDotifion.

New YORK, Feb. IA special dis
patch from London says: The publica-
tion of the government board Of trade
returns fer 1891 has produced pro-
found impression throughout the coun-
try, and has deepened, if possible, the
gloom caused by the present CONNER
cial depression. The report fully bears
out the statement made some months
since regarding the decline in
the imports and exports Of Great
Biitain. The returns show that the
total imports last year Were c4o5. .OG9 900,
as compared with e423 1913, 50, in 1892,
and e43, All 1854 in 1891. The value Of
exports of foreign ami colo, il products
also declined last year nearly $4,000 900,
IS compared with 1892. Hence the
country IL It merely imported less for It's
own consumption last year, but it lost
the handling of Il large amount as brok
ers, and the usual profit thereon. The
value OF British exports in 1893 was
H21S, ,42j,245. rs compared with Go27,-
c37, O53 in 1892, and e347 ,235, $50 in 1891.
The apparent balance against the
country was G121, ,G31. $50 pounds in
1883, as against fl26, 403,5sl in 1891.
An Analysis of the Report.
IL rnsio:se to a request for an analy-
SIS OF this report for publication IL the
United States for circulation i'll COM
m"rciai cir les i'll that country high
government official, WHO ais,, has an IN
ternatio!lal rel utation as a political
economist, has prepared md furnished
the foilowin:
The grea, falling eff in the past year
in our trade--like that OF ls92-s
mainly il textile TAI r;cs. We have not
only imported /. IS raw cotton bat we
have re reexpoTttd much lnore--lEainly to
Eussi:l, which seems to lie gradually
encroachlny on our Eastern trlde in
manufactured cotton goods. The Il x
and hemp imports still continue to de-
crease, and the wool imports show
large decr.a~e, 10th i'll quantity and
value, 50 that in every branch of our
great textile industries less work is
being sioue. 4Wer people employed, and
less profit Et NJ earned. As natural
consequence cur
Enod .nprrts Are Diminishing
s,lso. TIE value Of the living animals
inI,,' rttj1 fo, food fell from an average
OF a}>uus l.A eco IN 1891 and 1852 to
1881, ~! .a,t year, ansi nearly Il MD
lion worth e., deai meat came into
Ihe o;lnlry LIST year than i'll the previ-
Gus, and m.:lr y /, Ii :; millions worth
less ,hAn i'll lt3l. The wheat inps,rt
values have ie-ss-ilel by more than
e:3,&''G. 800 as against 1o922, and more
than cS,25D. $50 as against 1891, but . e
dccre,.s:; here is in,tllily one OF values,
the qn nti,i"s Icing about tie same,
winch n.eaus. aS bread still averages the
same price, that the n,il,ilc1nen, the
Mil,els ard the ahe.s Lave
n'v;.l.G Nearly F;yc Millions
a,.ong themselves at the cost Of the n'lt-
]ic. The imports OF win ;.nl spirits
have, tltrrea,eI considerably, so Tat rs
our liquor il grow: either the home
,lls.:i:eIs and brewers are enc fling or
adrIte,ation is III tuli swine, or here
sg"ll The sellers a:e proitin, ~
low iu.=isn prices. Our coal c:ports
tun,ili1t4 tv tall--n, iii cons. guence Of
The ~, at ike, IS the miners 10 doubt
wu,:jd bike to make out. but III pursu-
a.,,s' ii the STEADY decline noticeable
s;t;ce 1891. and showing last year Il de-
cr>M,~e of a 4,O:)V,O1n is compared with
1891, and neatly g. 500 0Gn against 1892.
The drtlenSe III Cur ex;.crt, Of nl"nE-
.a,1ure:i textile fabrics and yarns to
70: e;sn ccl1n rieS and the Z ,st is espe-
si,lly noticeable. The exports 0 yarns
10 Turkey. for inst s'ance, We're E l ,529 600,
as tg.ilst G:30 S.i+.ODO il 1892. aud
a2i So, 900 in 1891, AID tha export; to
Bombay about Gll, ,00D ,o0o, Il, against
4.5Oo, 900 in 1892, aai upwards of
Gl7 .o,lU, eco i'll 1891. The exports to
1'ran. e fell from about Gl5 900 O0o in
1881, and upwards OF GlD D5Ju, 900 ii 1892
~ E;l' over ss.GG0, Cot Isl year Tie
G;:mans Are outsrliins Us
everywhere, and are actually walking
away with our trade il wooIlen goods,
the nciease III exported woo;len yarns
TO Germany being as remarkable as is
the decrease in the export hither of
woollcn and worsted goods Tue re-
manning greet shrinl1ase Is i'll metals
and metal manufactures. Including
machinery and mill work, the total
value f, L ! st yc, I was 81 S36, ,:;52, as
against e46. 931. .3l3 in 1899, and ej5, ,027,-
E:''. in 1891, 1895 showing Il decrease of
upwards of G., ,COO,G eco as against 1892
Hn1 upwards Of 9lO,0o0,00o against
1881"
Have Lost the Markets.
One Of the leaders Of the Social Demo-
cratic federation, commenting on the
foregoing statement, declared that the
present conditions would materially ad-
!inee the use of radicalisln and re-
lublic.nism in Great Britain. Said he:
"Wa have lost the markets of the
world, thanks to capitalist greed AMI
the war between capital and labor.
Our mu h vaunted free competition has
cverrca, he'd itself. We have taught
cur rivals the blessed principal of buy
Jag in tie cheapest and selling in the
dearest market to s!1ch purpose that
they have set up business on our own
lines and are never at loss to find an
]1ngiisillnan who will help to ruin his
courtry's reputation for the sake of per-
sonal gain. Indivldualism stands a con-
fesSed faiIIIre and nnm,nOD l,ankruOt