Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1894-02-09
ENGLAND'S TRADE.
This Exceedingly Pessimistic Report
That Comes From. Across the
Water.
Britain Is Said to Be Fast Losing
Her Hold on the Markets of
il the World.
Decrease In Exports and Imports of
Every Kind-Russian and Ger
man Competition.

patch from London says: The publica-
ton of the government board of trade
returns for 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
Britain. The returns show that the
total imports lastyear were e405, ,069, 900,
as compared with e423, 793, 1872 in 1892,
and e435 AL 1854 in 1891. The value Of
exports of foreign and colonial products
also declined last year nearly $4,000, 900,
as compared with 1892. Hence the
country not merely imported less for its
own consumption last year, but it lost
the handling of a large amount as brok-
ers, and the usual profit thereon. The
value of British exports in 1898 was
e218, ,496,246, as compared with es27,-
0S7,053 in 1892, and e247 1885, $50 in 1891.
The apparent balance against the
country was e127,627,S52 pounds in
1898, as against e126, 400, ,521 in 1891.
An Analysis of the Report.
In response to request for an analy-
sis of this report for publication in the
United, States for circulation in COM
mercial circles in that country high
government official, who also has an in
ternational reputation as a political
economist, has prepared and furnished
the following:
''The great falling off in the past year
in our trade-like that of 1992-is
mainly in textile fabrics. We have not
only imported less raw cotton, but we
have re-eXported much more-mainly to
Russia, which seems to be gradually
encroaching on our Eastern trade in
and hemp imports still continue to de-
large decrease, both in quantity and
great textile industries less work is
being done, fewer people employed, and
less profit being earned. AS natural
consequence our
Food Imports Are Diminishing
also. The value of the living animals
imported for food fell from an average
of about $4,000, 600 in 1891 and 1892 to
1881, 7O4 last year, and nearly a mil
lions worth less dead meat came into
the country last year than in the previ-
Gus, and nearly half millions worth
less than in 1891. The wheat import
values have lessened by more than
e3,600,000 as against 1899, and more
than e8,250, 900 as against 1891, but the
decrease here is mainly one OF values,
the quantities being about the same,
which means, as bread still averages the
same price, that the middlemen, the
millers and the bakers have
Divided Nearly Five Millions
among themselves at the cost of the pub
lic The imports of wines and spirits
have decreased considerably, so that as
our liquor bill grows either the home
distillers and brewers are benefting, or
adulteration is in full swing, or here
again the sellers are profiting by
low foreign prices. Our coal exports
continue to fall-not in consequence of
the great strike, as the miners no sdoubt
would like to make out, but in pursu-
ance Of the steady decline noticeable
since 1891, and showing last year de-
crease of "a 100000 as compared with
1891, and nearly e2, 500, 900 against 1899.
The decrease in our exports of manu-
factured textile fabrics and yarns to
foreign countries and the East is espe-
cially noticeable. The exports of yarns
to Turkey, for instance, were e21, ,529, 900,
as against e29. 1854, 900 in 1892, and
e27, $4,000 i'll 1891, and the exports to
Bombay about Ell 200, 900, as against
e14,500,0O0 in 1892, and upwards of
el7,0OO,000 in 1891. The exports to
France fell from about Els 900, 900 in
1891, and upwards Of elO, ,5OU, 900 in 1899
to a little over $4,000, 900 last year. The
Germans Are Outselltng Us
everywhere, and are actually walking
away with our trade in woollen goods,
the increase in exported woollen yarns
to Germany being as remarkable as is
the decrease in the export thither of
woollen and worsted goods. The re-
manning great shrinkage is in metals
and metal manufactures. Including
machinery and mill work, the total
value for last year was e44, 1886, ,552, as
against e46, ,931 1913 in / 1892, and ae55, O27,-
53 I in 1891, 1898 showing decrease Of
upwards Of e2, ,OOO,O 900 as against 1892,
and upwards of el0, 200, 900 against
1891" N.
Have Lost the Markets.
One Of the leaders Of the Social Demo.