The people's recorder. [volume] (Columbia, S.C.) 1893-1925, 1898-03-19
FOREIGNERS ASTONISHED
ENORMOUS PRODUCTIVE POWER OF
THE UNITED STATES,

AL Europe Concerned in the Giant Strides
"hteh america ~ Making Toward
Selling tho Lions Share in tn, Trad
or tho "orii-I:crunrhubic Stimulates.
The New York correspondent Of the
ShcitIcld Telegraph Isl greatly i'm
pressed with The evidences THAT aEorn1
OF entire confidence in tho fiscal policy
OF the administration of President N,:-
.l\lnley and i'll The ultinat. stability Of
the conditions IF revived prosperity.
Writing under date Of ncccml.er tI'c
correspondent informs his Err|isL
reader" OF tho extraordinary
mGdc III tic internal and FOREIGN .ro1r
OF The United States inicr tho Protect
l system. Twenty ear ngo 6ur;
exports; or manufactured commodities;
amounted to only about SI0G, OUU, Nn,
II III 1889, Just prior 10 tho cnac;
mcnt OF tho Mckinley tariff. these ex-
ports had Increased less than SO. Oon. :.
Ooo, the totnl being then Sl3S, G7J. 510.
In the iiscal year Of 1897 The titrnres
had increased to SS227, 2Ss, 391, bcin..
nearly 20 per cent. of our total EXPORTS
IT to t!.'s we should add the product Of.
our MINES. forests, and ti*hcrics-;n-
Gliding cameo ~guods--all of which,
employ iii their production more or
less skilled American labor. We should:
nave m aggregate probably exceeding
onc-tii'd OF our totn! exports.
The free trade reader, of tn. :Shnf-
field newspaper are turtle. Informed
that ''thn world is only l~cri.,lir" T.,
have evidence Of the croruarls urodu,-
tive power OF The UnitaI States. The
correspondent tlicn quotes Mr.. Nil-
hall, the English statistirian. MS fol-
lows:
"Thcrc is a decided tendency in the
trade OF the United States to open III
new channels III other parts of the
wcrid than Europe. There is an OK
cepsion as regards Germany, with
which country commercial relations
have made striking progress in fen
years, tho ratio Of increase Of trade
beng 10 pei cent. The increase OF
trade with Europe has been only IL
per cent, while with other parts Of
the world ! !tns been % per cent.
.'""'o M. 70 of trade with Great
>'h'' - w remarkable. In
- - &c n HHntry stood for
40 per cent. of |. II trade Of Ike
Unitcl States, bat ,Na.. , fell 70 40
per cent. III lSS2-HI ,.. b per
cent in 1SJ2-3G. VIII, Na, in
mind the free trade poil ,""a4
Britain, and the similarity @, j., ~.
and race of The Two countries, to-
cline o! trade IS phenomenal, $. az: !
that it is cocval with an increase OF
dealings with Germany. All the
SDDth \ IN nrirn, 1.,,,I1;,, I
up SO many new channels of tra:ic
within the last ten years between t.
northern and southern portions Of
-" -. 'rt ~.A=@71 A
-" . = y" cent. In their deal
lngs with, the United States, while the
trade between Great Britain and
South America has risen only 20 per
cent. in the same time. Ten years
ago British trade exceeded TINT of the
United States i'll South America by 10
per cent; ut present the the excess is |
only II per cent, which shows that /;
before lo1& the bulk of South Amcri-
y trade will I've carried on with the
United States"
Attention is called 70 the equally
surprising showing for TIC Internal
trade Of the United States. IT IL nine
times rs great rs The amount OF inter-
change vii. foreign countries. It
rose i~'Tty-n!nc i'r: cent. III the inter-
r"i O: tuirtrcn wears; from 1850 80
I".i!, the iH:rca:3 OF population hay
ing b">n tni"'v-*i: per cent. The de-
vci"pmcnt o. national Resources IS
still :aor" striking. IF we coma! the
working years. says Hir. Nuli,a,l,
"aS three hundred day; Sic internal
tr4!e will be found 10 average forty
eight million dollars daily, while rx-
tcrnal c"i",nc:cc il liitla rv.r five
millions. MUrCover, internal trade
progresses lnlch faster, having risen
f"rty-ninc per cent. since 1880,
whereas foreign trade is hardly ten
per cent. higher
1T interests Sheffield 10 know that
oar exports Of iron and steel manu-
features have more ti.an doubled in
value since $500. III spite uf the dc
crease i'll the unit OF valur. The same
Is true OF oar exports Of leather goods,
which III the year ending June so.
1897, reached II valuc ii $50, coo, coo.
The value Of bicycles jumped from
$l,S@@,ol2 i'll 1896 to I,Go51, Bob in
1887.
All this mus: he extremely interest
not altnSctEe: gratifying, to The
great iron and steel and machinery in
of Sheffield. and the fact that
Information OF this character is eagerly
II conspicuously displayed
by The British newspapers shows with
what kecn w~atcLfnlncss the unpnral-,