Middlebury register. (Middlebury, Vt.) 1886-1937, 1895-10-04
MIDDLEBURY REGISTER, OCTOBER 4, 1895.

through the fall in silver. What is true
of the cotton trade Is true of all others,
though as our exports of miscellaneous
goods to silver countries are too small to
be separately specified In Board of Trade
returns, or other authoritative publica-
lions. 1t is not so easy to detect and eX-
hibit the restrictive influence on our out
ward commerce of falling exchanges
We have seen that Japan is supplying
hardware as well as textiles to herself
ana her neighbours. Japanese coal com
petes, even on the Pacific coast of South
America. not only with coal from Car
diff but with shipments from New South
Wales. The Indian coafields have been
developed to such an extent that Welsh
fuel has almost disappeared from Cal
cutta. No doubt the construction of
railways has helped towards this, but if
the Indian coal were not dug by miners
paid in silver it could not even now be
laid down in Calcutta on terms to com
pete with Cardiff. due allowance being
made for the superior steam-raising
qualities of the latter which enables it to
command a better price than the ndgen-
Gus product. In the train of coal, manu-
featuring industries are always to be
found. Consul Enslie. of Toxic. gives
interesting particulars regarding the eX-
perimental production of iron i'm Japan.
and hints that the country, which now
imports much iron. may become self
supporting in that respect. When the
Eastern markets for coal. iron, and cot
ton are being gradually filched from us,
not so much by the superior enterprise
of our rivals. but by the lnsidous in
fuence of II monetary revolution, it
behoves us to reconsider our position.
1t may be said that English investors
must not be made to suffer because Lam
cashire and Yorkshire desire to maintain
their profits. But profits have already
almost disappeared from the cotton
spinning and weaving Industries, and the
wages fund is being trenched upon.
There is no difference of opinion between
operatives and employers in Lancashire
rs to the impOssibiity of improving
wages, and it is doubtful if they can
even be maintained at their present level.
The country has already experienced
what starving Lancashire means, and
memory must be short indeed if the
recollection of the cotton famine has
died out No one in those days would
have Ventured to say that the woe of
Lancashire was not national question
The loss inflicted on our trade by the fall
Palatine, but even if it were. the urgent
necessity for action could not be gain
said. Governments have admitted that
the suflerings of officials from the fall in
the rupee demanded redress; can they
remain much longer deaf to the appeal
of "A shrinking commerce. or Indifferent
to the threatening ruin of industries that
employ millions of British capital and
bring bread to thousands of British
mouths?
Sir Henry Meysey-Thompson ably
comments on these articles as follows:
Now, having read these papers, | hope
we have all made up our minds
% That we do wish the home and
principal seat of the great manufacture
ing industries of the world-the cotton
wOollen, worsted linen. iute, iron and
steel, machinery, glass. pottery, leather
clothing and many others-should con
tinue TO be in the United Kingdom, as
hitherto, and that they should be carried
on by English, Scotch, Irish and Welsh
workmen; and we do not wish to sec
them banished to the soil of India, China
Japan and Mexico and carried on by
Indian, Chinese, japanese and Mexican
wOrkmen.
iat; d, lhlo present actual mo
ulen'' Molh Is oelhS uUhe ny illu'tn' m
n.y. h ""Pahgst an" neAlcai Worhllen
WHICH, Nouiu haNe zee" d, thIs preSei'
oc'ua, ni";iiy"u III Wv, ne l"uus vi E'l? mn
3 3,.' illSIi '.u NeiS'I Worhilith' II 'nC
ulNgiSeH Zen VI value uelWeel' S"N'r ahO
SUit, 'l"u liot ."htn P'ace' vi IL 'hG Eh
Slloll SoNeIi,l''ent U'u nol pS'I'lale'N OPP
'ose ANY 'ei"r''' vi '"e present monetary
i"W 5
L'J l'"t It ~ cer'r'n ''Ia' our pre-
5n. 'nUnolnetalIl' po'lcy mus 'e'u ''
VI !Er .licN' 'nuuS''n,N away l1''l 'h'
,ul' VI We u.''u Nl"S""u an" c"uN'
'nr'n w. " O"l IIru ""' uS''""' ." '"'
9",I vi i""'n' H'ur an" '"P""'
wv az 'i'V ""u', "'"'"' "i 'i''S' "l""
"i'O, "I"T '"u", W""'' n' ',r
,'tnu"uA .",9 I'D L.'Sl'''lu ana "''er @oiu
uNI"S C'u.'l w. 'l "S IL we c"n N,O
any 'uN""''S' NIil'u 'ieN S''" ny "l'
'VNei,' 9Ns.''l Nu''lc""' u" compensate
"lr'' l"i 'iIN us
~ IL '"N' "I'' '"' C'1r "i ''' 81 ilCl
Soiu-uSlls count pS Oh EUROPE Nh'ci
are lllo9''y what are ca,Ieu ueolor-couli
'r'9' II seems 10 me 'Iial 'heN are al
most tullltlN losers nN the present mon