The Superior times. [volume] (Superior, Wis.) 1870-1912, 1894-07-07

| yluNlY"ly show. Thus in February last
/ our exports were i.0uo.9G9 bushels. those
! ~ Argentina i.32n.OOO bushels: in March
! we exported G.Ji.i. SIS bushels. Argentina
/ 9l2N."W; in April American exports were
/ '.olN.;f6 bushels. Argentina 9.392 600
\ bushels. Nor IL the whole story told in
/ these figures. Ept only has Argentina al
/ ready SURPASSED uS ~ purvoyrrs of wheat
! I" Europe, but size has attained to her
/ present superiority Ivy strides which. if
/ kept mp, must presently leave us very far
! behind
/ ~ he course Of the export grain trade
! nl IN" two cuuftrIcs j. an Interesting
! study in comparisons. our exports of
! wheat have hc"u dsrreSsingly falling off
! during the very time wien the Argentine
! hive been marvclously increasing. In
! February, 1891, American exports were
/ less than half Whut they were in Fehru-
I aTy. lr93, in March the loss was about 10
I rcr cent. in April about - per crtit ON
IN" other hand, Argentine exports in Fch-
( ru1rN showed Il gain Of l6 per cent. IN
March they more than doubled and in
1 NprIl tn" gam WaS 50 per cent. Plainly
tn" growth of the grain trade Of the
South American republic il nothing short
oi marvellous. The United Kingdom
alone, according 10 the recent statement
"t u we'll known English importer. is now
taking N.h0nu'm bushels Il month from a
country which II year ago sent out only
4.iUu.0"o bushels, and which few years
ago sent abroad no wheat 1T all. When
to these p"rtcntiuu> facts il * added that.
( notwithstanding the large quantities al
ready shipped. Argentina still has left of
~ II CO.. : ,'P III i'">t i'''''.o'o otiIh-
,f ,b N!"'i, we lem I" 2", SOM, li'a
all Of rs. of this new competition.
We can begin I" understand better,
700. why n iS that the total wheat oN,
ports from this country for the ten months
ending with April We're only I9.oI3.2lS
bushels. against ?tl6I,of1 bushels for
. 'hc r"rr'Sn"ndIu= Ten months of the pre-
''lhE year W" need not stop now 10 in
4ulr" Ju~' WHY Argentina gets the better
nt us IN this trade: the fact should be
lullF appreciated first And the fact Is
that Argentine exports are likely t" in
croaS" still more in the near future. They
would increase. no doubt. under natural
conditions. hut they will bp specially
stimulated by th, present npcIrliar sitII;-
tou in that country. The pavncut of in
tcr,St uu the foreign national debt and on
tho English capital invested in private on
tcrpriSc4 is taking 500 nnn GOO = wear ont
of Bucnos AyrrS. and the government is
at the same tim" continually issuing new
paper notes. The cir,ulation already cX-
c"SSlvc, j. thus becoming more yalueloSs
and the gold premium has risen to 81
This decline in the purchasing power of
Tho t.urrrurv tnuil IF co,ir.n hntb ia
rhrrl, imnoris ana tn in,r,.y,, tho ,-oinn,o
Of rNports P1yino no ,n.t of I,rodurtion
in drurnci7foJ I,.,,n,. .,t I,,r,c md snIIintr
the nrG,iuct ahrnad far COLL is .,I,y1vs =,
rather protitgbIa onarotinr ,nd no Ar
arutiucl Yrn IiLrl, tn FRY, tn Io,l,n tho
most ,f tI,o gr,,,,rt,,,,it- ,.Liio = I,gt.
~ -l-'-H '''', -
10 improvements.
I'm an editorial printed hv Tho Now
York Tribune ON what tIc rnuutrv hls
gained l,y tho ma iority vote Of 1890 II
saws. In what rn.nort bo. tho tr,ncfor
of power to - Democratic CONGRESS-
brought imuroyruIrut in government
Besides an extra session. We are now hoy-
ing u regular session Of more than the
usual length Yet il cannot he said that
any good thing has vet been done tn com
prn~;tc for aII this loss Of tmr' ana cffoTt
and expense. The purchasing cIause of
tho silver act has been rrpraIcd hut hv
the votes of RppuhIi,.au,; with y minority
Of Democrats and this would have been
done hv y Rcpuhlican Congress under the
In,d,rGbi1, If senator Sbnrn,,n birnsnif
since thr ;lct had sufficiently tested tho
usefulness of such purchases. MOI one
other change has brrn Ugdr which c9n
hp REGARDED ~ , Strn toward imuroyn-
mont The time has been wasted To an
orugzin, nxtr,It hy thn iuclnarity ana nh
,l,,,.,. - i',.,,,Inr. ,r thn M, iG,ity ond
oven thn most necessary nppronriatinn
hills have moi Vet been Dassrd though
Tho Government will hc left in two weeks
without any provision for its expenses.
Absolutely nothing has been done to pro
t'ri me treasury against thT faPld eN-
hdH@iInl "i il> r'>'I IS l"I 'H' I'uGilip-
ton nt circulating notes, nor ~ guard Tn"
business community against appreciation
ard dlNtrHIt 81 il.r currency, | ne earnest
nals have not been able to awaken con
g1"SS L" tn" necessity 81 authorizing a
popular loan III 4 low fAic "i interest