The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-03-03
THE WORLD LEvEIING ZIP.


Il
IS England Its Workshop.
PhiiadeiphIa Press.
Ina news that Germany Ia 3r,ro,,,.x
more wheat from, Argentina. a. 80
United States comes TO this country MIR
,,'0 same sack as the discovery came 10
= s.'s'ano three years ago THAI the United
states was making more iron. raising
more coal and turning out coke esea ner
sna "a larger quantities than England
FAssea or twenty years ago this eau,-
Irs was the sranary and feed aeaot :,
Europe, and In cotton and oil We hat 10
Appfeciaoie competition, while rn~,a,S
was the unriraled workshop OF the u,orls
Nsiiher any longer has this as5vaatsw.
INDIA aad Argentina are dividing ,ha
wheat supply OF Europe with US. Ans
tralia and New Zealand match us in mes.
anu are going TO beat us in price and nra-
auct- The Caspian oil fields divide The
"osia supply with us. From nine-ten,hs
es the worlds supply Of cotton thirty-ivay
years ago we have dropped TO two-thirds.
Our WOOL supply Is shrinking under COM
poslifoh ana needs a duty 10 preserve IN
Ehgiand has gone through the same loss
IN It's shops and factories. From making
hai1 the worlds iron it has sunk TO max
ing less than third. From giving over
hai me worlds coal supply ii has falleh
To one-third. Where IL once spun three
quarters OF the worlds cotton goods out
put 1t turns out now iess than half. IL
mas lost silk manufacture altogether. The
1ute trade Is going TO India. The steel
rali trade OF the world is going 10 Bel
GUM and here. All English exports of
cotton yarn are going to be Gu, of ty
India, Japan and our Southern states.
England still does shipbuiltsng for the
world. but not for long Its works In
copper. lead and tin are slowly shrinking.
relative to the worlds manufacture In
these metals. because work in eacl can
be done cheaper near the center Of the
mining product
Our loss Of the food supply of Europe
has cut down the price OF our. farm pro-
ducts, and this has reduced the price OF
farm land. Fortunately the development
OF our manufactures under protection has
so increased the product and decreased
the price of articles Of daily use that a
bushei OF wheat. a pound OF meat or a
quart OF milk buys more than each did
twenty years ago. AS for our national
wealth, our growth In manufactures has
made up for our loss In. farm lands.
England has no such compensation. The
rental OF farm lands In the United King
dom has dropped one-third IN the last
twenty years. and the profits of the man
ufacturing plant of the kingdom has suf-
fered fully as heavily under connpeti-
tion. AS Lord Harrington said In his last
speech, the English land question is not
enc whit more acute than the English
manufacturing or trade question. Hav-
Ing lost heavily in Land the past. twenty
years, England is going 10 lose as
heavily In manufacturing in the next
twenty years. Her vast income from for
eign investments, which the Statist puts
at 500. 900 annually. viii last for a
while. but 1t will diminish as her mort
gage on the world is paid OF, as we are
paying of ours-partiy by absorbing En-
giish sales of American securities and
partly by receverships.
For both England and the United States
the world Is leveiing up to their product
IN food and factory. and neither OF these
Engllsh-speaking counties Is going to
ind competition as easily met In the next
twenty as in the last twenty years.