Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1895-06-19
Should Extend Our Export Trade.

there appears to be a growing belief
among the manufacturers of the coun-
try that the real prosperity of their
class in the future will depend upon
the enlargement of the United States
export trade. 1t is realized that the
golden era of McKinleyism, when the
manufacturer could gonge the domestic
market to his hearts content without
danger of interference from foreign
| competitors, will never recur. AS a
matter of fact, McKinleyism never did
operate to the real advantage of the
manufacturer. and each year it was be-
coming more inadequate to fulfill the
purposes for which it existed. The
scope of the American manufacturer
has been so enlarged during recent
years, industries already vast have be-
come SO enormous that home market,
however protected, is entirely INSULT
cient in its demand for the products of
our factories. 1t is only by the extern
sion of our export trade that this diff
ficulty can be overcome. The New
York Herald forcibly says: "Too much
stress cannot be laid upon the grave
necessity which now exists for extend
ing our export-5rade in the products of
have to be sold abroad at merely
nominal profit or no profit at all at
| first, their introduction in foreign mar
kets will be the entering wedge of a
future and lucrative trade which must
soon richly repay our exporters. Our
manufacturers have long since ceased
to be infant INDUSTRIES but most of
them are we'll able to stand competition
in the worlds markets"
How little the war has taught the
Chinese may be inferred, says the NY.
Journal of Commerce, from an inter
view with the Chinese Minister to the
United States. The interviewer sng-
gested that one of the results of the war
would be the Introduction of machinery
into China. The Minister admitted
that it would lead to the Introduction
of certain kinds of machinery. All
kinds of machinery for ordnance and
munitions of war, for shipbuilding and
for railroads would be introduced, the
attention of the Minister being fixed
wholly upon the arming of Chinese
troops, their rapid movement and the
construction of a new navy. GAS to
ordinary labor saving machinery" said
the Minister, II think China will keep
out as far as possible all which comes
into competition with the trades and
labors of the common people. We have
a vast population, and we cannot af-
ford to take the bread out of our own
peoples mouths. 1t would be hard to
make them understand that such ma
chinery would eventually be to their
benefit. They would certainly create
trouble, if it was introduced in large
quantity at the start. l think you may
safely say that the introduction of Or
binary labor saving machinery, as to
matters outside of railroads and gun
works, will be SLOW" The Minister un
doubtedly understands his own people;
an industrial revolution in China will
not occur to-day or tomorrow. The
construction of European military
system upon an Asiatic industrial foun
dation is not SO simple or SO promising
as the Minister imagines.
Reports to the Agricultural Depart
ment from several sections of the coun-
try indicate that the cold weather of
the past winter has not injured the
peach and apple blossoms to the extent
at first feared.
Reported discoveries of gold in Okla
homa have caused great excitement.-l
The principal discovery was at the
head of Doggy creek, about fifteen
miles southwest of Arapahoe.