The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-11-21

ouious comparisons with tho first nine months
OF SO. This Is the cherries tale they toll: In
the first nine months OF 1895 there were OK
ported goods Of British and Irish produce and
manufacture to the value of $780, 55, 800; In
the frat nine months Of 1897 tho value OF the
British and Irish products and manufactured
exported was Rl75,9 0l, 176. SO the e%phemeral
glory has already begun to fade, and q drop OF
RA,66a. 62& on o nine months comparison indi-
Gates that the fading process is leading of at
no moan pace. At this rate the accounts for the
whole year should show q decline of about 49,
2l9,5OO."
Even In tho departments which record an in
crease this year on last year Mr.. Williams finds
little comfort. He examines them to see how
thoy stand in relation to last year compared
with the year previous. and with this result:
"No. / Department-Living Animals-is q
score for the optimists. This years increase
over last year is R152.s15; last years increase
over 1895 was only 500, 254. No. 9 Depart.
ment-Articles OF Food and Drink-shows some
what pessimistically. The increase this year
over last is 1927 O67: the previous increase was
R259,385. No. 3-Raw Materials-tells a signit-
cant tale. There is q rise this year OF $685.
472. against a fall last year Of 1866, 557. A big
score for tho optimistsi Think. Our raw ma
terial exports are almsot entirely made up Of
coal and wool. Recollect the point with refer
enco to coal export to which I drew attention In
my former article before you assume that the
evidence of a fresh increase in our mad peck.
ing away at our vanishing mineral wealth
10 altogether an advantage. As to the ex-
port,,of raw wool, isn't the increase rather
an ,mment on our position as the worlds
w9sn manufacturer Our export OF woollen
and worsted manufactures was worth 215, $780,
71S in tho first nine months OF 1895, &14.736,
179 in 1896. 213,141 Sol in 1897. SO we are
sending our wool TO the foreigner TO manufac-
ture, instead OF employing our own people on it.
The great bulk has gone this year to the United
States, which has taken 2l56, 795 worth Of our
woollen tissues and R2s. 339 worth Of our car
pets less this year than last. The element Of
satisfaction in No. 8 Department seems to
whittle away under explanation"
And SO with metals and articles manufactured
therefrom Except machinery. and one or two
others compared, the general result shows that
a slowing down process has begun in most Of
the exports which still record increases.
Reiterating, in another article, the fact
that in the first nine months Of this year
the drop In British exports amounts to 4ia
millions sterling, while France shows O gain Of
GIG millions, spread over all her export depart
ments, Italy q gain Of 2x millions. Austria
Hungary a gain of nearly half q million, tho
United States flor seven months) ono of nearly
10millions, and Germany flor six months) 1885,
600. with a similar tale for Belgium, Mr.. VIII.
liams reaches the conclusion that the present
slump in English export is not the effect of a new
era of general bad trade, or our competitors
would feel it. 1t 10 one more proof that the in
dustrial glory OF England is departing-that she
is marching backward"
Coming next to imports. The amount was
higher last year than it has ever been. The
total value in 1896 was R441 sos. 904, $685.
100000 more than in 1895. 36. 500. 900 more
than 1891, the highest previous record. And
the imports in 1896. as compared with 1895,
are bigger than even these figures tell. For last
year we re-exported only 1928 663 worth, as
against $50. 7O4. 18l worth in 1896. So the in
crease Of the 1896 over tho 1895 imports Is
really represented by %. 500. 900 sterling.
Differentiating between imports from foreign
countries and from other parts of the empire. we
are told Of " an ironical comment on the Jubilee
enthusiasm In 1891 colonial imports were
99lo millions sterling; from that they have
steadily come down to something over 90 mill
lions in 1896. Leaving the colonies out of tho
calculation and making allowance for the re-
export Of foreign goods. in 1896 the value OF
foreign imports consumed in this country was
s303. 333.0oO. To drive this argument home,
the author of Made in Germany" draws up
the amount each Individual inhabitant who is q
uiUhh u poIo ~ IL IOiBn j. u ychEs
For grains and -four it comes to 25. Your
butchers bill to him totals SO 6s. Sid, lard
and tallow, the animal products, being left out
of this reckoning. To the foreign poultrymonger
you pay for poultry. game, and rabbits %. 6lad.
For butter Including margarine) and cheese
and condensed milk you send. as near as may
he. "a. For fruit and vegetables, excluding
almonds, nuts, preserved and dried fruits and
citrus fruits, the bill is lbs. sad. The sugar,
refined abroad. which you consume, runs into
81 5s. Id. Then for your clothes. The
foreign bootmaker takes rs. lad. III dressed
leather generally were included the amount
would be doubleday Foreign silk goods cost you
no less than 32 ls. I'd; linen and cotton goods,
For watches and clocks and parts thereof-tha
suggestive parts thereof'-you pay IS. lOl2d.
for toys and musical Instruments, IS. Cd. For
china and earthenware the bill is IS. Id. fol
glass. IS. lid. The zinc, tin. bronze. copper
and brass goods which you get from foreign fac
tories costs you IS. 3d.; your iron and stee
manufactures. lbs. liod. Paper and pasteboart
account for rs. 1Od. In your expenditure; ant
chemical products. such as alkali, ~coal-tar dyes
essential oils, pcrfumery, saltpetre. &C., for IS
Tad. Lastly, and as bearing on the declining
fax cultivation In Ireland. and the recent at
tempts to encourage the growth Of the plant II
A3Aob hhHAAN' yS" h""y S~A shes " iiuA bCCu
fax and tow. linseed cake. and seed oil, you
annual bill from the foreigner reaches los. 3lad
I do not make a total Of the sum; for the aboy,
Is only a selection. Moreover. there are II,
articles In this category which could not b.
produced at least as we'll in this country a
abroad"
A. other point on which stress 10 laid is, tina
English capitalists employ their money In aldinl
foreign industries which compete with British
production. OF course. this 10 one of the result
of the paralyzing effects OF trades unions, whicl
have prevented the commercial enterprises o
Great Britain from being remunerative to In
vestors. The natural result has been that tn
capital which might have supported Britisl
houses has gone abroad, where 1t will find som
profit. Take The piano manufacture. MAN,
of the German factories which have swoope,
down 80 magnihcently on the world market ar
largely run with British money" English plan,
manufacturer are naturally the sufferers.
Once more English merchants are advised h
march with the lines. They are told that the,
are unbusinessliko. and this fair question