The times. [volume] (Richmond, Va.) 1890-1903, 1898-08-05
GROWTH OF OUR
FOREIGN TRADE
Exceeds All Previous Years by About
$I2,OOO,OOO.
OUR IRON AND STEEL PRODUCTS
Has Grown 300 Per Cent. in Ten Years
a Corresponding Decrease In I'M
portations of the Same Articles
Some Interesting Comparisons

WASHINGTON. August A. Special
While our exnortations OF agriculturdi
products during the year nave Oeen
derful. surprising in value those 49,
preceding year in the history
country and thus attracting universal a.
tention the expectation OF inahulavse a.,
/. when considered in detail. equany ~
torestine Ia its bearing upon the genera
commerce and prosperity bo'h present
and future OF the nation .,,s,o-
The expectation OF domestic mahulao
lures in the fiscal year 1898 IS ser 49,
bv the records OF the Bureau OF Sta,ls ", -
% the Treasury Department az 800, ,, 80
which is nearly twelve millions OF oo'iat
greater than any preceding year III ''''
history Of the country.
PROBABLE CAUSES.
rro-~ much the centennial Exhibition had
70 40 with awakening a taste through
ON, the world for our manufactures anu
,roducts which were there eNhloi'vu
would he difficult 70 say. but II Is an
Interesting fact At least that IN that year
QS7e) the expectation OF manuiac -
FOR the first time touched the one huhuI en
million dollar line and since that uiu nc "aa 40
gone steadily forward until IN 1873 II
,aached s2ss ST. 44g. or nearly twelve mn
ror dollars more than IN any preceding
year ...,oias
what are the manufactured articles
whicn we have so freely exported, ana
Who have been their purchasers 10 an
sve- these I'm detail would occupy much
.nace for they include almost every va
rietv OF article that could be Imagined ana
90 TO every part OF the world.
q, AGRICULTURAL implements the export
tations Of the fiscal year 1898 were ~
$50 7g2 against S2.6i5lSI I'm 1888. Iney
went TO Great Britain France, Germany
Central and S0uNn
America. British East Indies and Aus
tralasia other parts OF Asia and Oceanica
and even 10 Africa while the great grain
fields of Russia also drew largely upon
our manufacturers In this line. Our cars
Cor street and steam railways went 70
Am parts Of Europe China. Japan and the
East Indies. 10 Brazil. 20 cuba 10 CEN
trail America, Hawaii, Mexico ana africa
the value Of this class Of expectations Tor
tho year amounting 20 SfA4ls. our
cotton goods went 20 every part OF the
world China. British North America,
south America and Oceauica being the
largest purchasers the total exports OF
cotton manufactures for the year being
81 024Oq2 against 80 900 277 I'm 1890 People
In Afrlca and China and British East In
dies and Cuba and British Australasia ana
Japan and Mexico. as well as all parts or
Europe are riding our bicycles, the eN-
pOrfatiOn FOR the year N'iin 1870
AGAINST less than two million dollars in
the dscal wear 1896. our expectation OF
conner and manufactures thereof has
increased enormously in the past few
wears. being S32.1S0S72 in the fiscal year
lust ended. against S2Sl2.7eS in lN'S. OF
refined mineral oils the expectation dur
ING the year amounted 10 jl.ls235 IN
value against si70l2io9 I'm 1S'S.
IRON AND STEEL.
The largest article or class Of articles
included i'm the list Of exports OF manu-
features is manufactures Of iron and
steel The value of this single class or
exports I'm 1898 was S7o}61.52L against
SEQ los $40 I'm 1907 and fi7763o3i in 1855. thus
showing am increase Of sd per cent IN
ten wears. while curiously there has been
, corrosponding decrease I'm the importa-
tions OF manufactures OF from and steel
wSich fell from }4S 992. 7j7 in 1858 20 ST.
fi50l3 in 1898