New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-09-26
TRADE AND FINiNCE ABROiD.

The partial failure Of the wheat crops IN Russia
and Hungary wl! contribute 20 ro-'stlhlish. at
least for the present the former current O, ex-
mort OF American cereals into Germany That
country for the last ten wears has been compelled
10 import a constantly Increasing quantity Of
wheat rye oats ard corn. In lsS that mporta-
ton amounted TO s]4i 200 tons. valued Al ueary
100000 marks. about I75."0Vo Russia used to
ngur. for one thlrd In these expectations since the
CONVENTION of 1898. which lowered the import duty
lions OF Russian wheat In Germany have been
larger than those from America and the Argentine
ncrf-d $50 al3 tons the Fath-rlaud, sent there In
is,5 and 1875 only 1919 and 9S '7j tons St'l. the
United States haV" maintained their precedence IN
regard TO the export of corn 10 Germany. They
furnished more than hall - that export sending
result on which German agriculture can consra,u-
late hs~f II the notable drcrtasr IN h"r npofi1-
ZION Of cattle. the value OF which has been de-
creased by i.0co0cp marks
American cotton goods the fayorite in the
markets OF MAZDA gascar. where despite the estab-
lshment Of French protectorate, no such goods
are imported from France. The Malagassy use
only those from the United states and England.
and that constitutes the most important Of all the
imports into the great African Island. But Amer
leans have a serious rival there, and perhaps a
not scrupulous one In tn" British manufacturer.
The French organ Of colonial interests, the Revue
Colonialc" in recent number stated that the
genuine American" article j. imported IN NADIA
gascar in packages " twenty five pieces OF thirty
yards each which Sc. for 25 francs a pa ekage. IL
adds that Limitation OF the American" article Is
made NJ Manchester and II arrives IN packages OF
the dimensions. and sell generally Tor only w
francs package.
The Chninn Consul Hamburg. Germany. has
sent 10 the Minister Of state ~ Santiago report
IN which he calls attention TO Danger threaten
ing the nitrate Industry Of ChiN lie says that.
either because " the deficient preparation OF the
nitrate or on account OF som" caUs"s yet unknown,
e. has beon discovered In Germany that the product
ttl- IL, -.
That substance enters Ia the nitrate preparations
- an won. Of from 10 per cent and renders
them w., less for agrcu tural purposes, fact which
has caused decrease in the amount OF sales OF
nitrate In Germ'ny
The conversion OF the French per cent rents
into o., which was recently alluded to by cable
d'spa,ches il explained In the Paris newspapers as
n IFS origin and consequences The idea started
M the late meeting OF General Councils OF the De-
psrtments. which are somewhat similar 10 the
American State Legislatures. The question de-
t,,.I esnera,lv in the General Council 81 The Pas
He N@,r ssdsn Of mat Council and former Premier
- r.1rce strongly advocated the measure - inan-
Ci,il nosahe under the present circumstances. and
ton should be employed. VI. Ribot said. 10 reduc-
on ~ ayes in several ways. but especially the
u9 nnr r. OF the tax upon un.rnproved land
TLese views OF the eminent statesman and eeon.
0n any co,o.. General G, ether departments o,
France
,rt tgrntian merchants and !in3nc!ers entertained
greo, expectations for ther own interests from the
conquest CT the Soudan. when IS expected by The
Rri,i.h or.sr 10 be accomplished In 4 short time
through the victorious advance OF tbs srdar
Kitchener toward Khartoum. Bui these people are
somewhat disappointed on hearing that the British
Government Intends establish monopoly OF the
trade VITA the Soudan. II Is not known yer now the
Cioverrniant VIII enforce monopoly, either DN \
duty TO be paid u Il upon articles coming rom q.
iis own warehouse At any rate, Lord Ctohle! ias
declared that for the present. the Government nas
not entered into agreement with anybody Dut tnat
II Will take measures 20 maintain tn- inohopolS
OF the trade With the Soudan until the expen hi
incurred for iis conquest shall have been relnhneu