The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1898-04-21


olo7.l7s.sse in the Past Eight Months
and . Trade Balance Of 0A10, 1851, Il O6.
A continued gain in the foreign trade
Of the United States goes forward IN
der the Dingley law. The gain is Who'll
ly in what we sell and not what we buy.
This fact is totally destructive Of the
theory that the policy of protection is
of trade with the outside world. For
the past seven months the free trade
writer's have been insisting that such a
condition could not last, but the treas
ury department reports for February
show the contrary. They show a hea-
w increase in our exports and also q
heavy decrease in our imports.
For the month Of February, 1898, the
exports of merchandise amounted to
$94, 9S1, OF, as compared with SIS, $751;
0S6 for February, 1897, being q gain Of
SIS, 159, 931. Imports for February, 1898,
were $50 1852. lit, decrease Of over &c.
600, 900 as compared with February,
1897, and leaving an excess Of exports
for the month of 81, 1896, 800, against an
excess amounting to $40. $50 100 for
February Of last year.
For the eight months ending Febru-
ary, 189S-seven full months and q
fraction of the eighth month being the
period of the operation Of the Dingley
law-the total exports of merchandise
were $S13, 370,071, against 1874, 998. 213
for the same period year ago, a gain
Of SIS. 81 1858 for the Dingley law Pc
Rod.
For the same period the imports
were 1898, 70s, 966, against $422, 515, 1874,
being a decrease of $2s.s06, 42S in the
gross volume of imports. The excess
Of exports over imports for the eight
months is $419, 661, los, as compared
with an excess of 1912, 4S2, S19 for the
eight months ending with February.
1897.
The net gain in the excess Of ex-
ports over imports during the eight
months of the Dingley law period as
contrasted with the corresponding Pc
Rod a year ago amounts to $107, 17S, 2SS.
Otherwise stated, the Dingley law has
in less than eight months swelled our
trade balance to $419, 661. los, and has
scored a gain of s1O7, 17S,286 over the
trade balance of the equivalent eight
months of the German law Pc
riod of the preceding fiscal year.
No other country can produce such
showing as that made by the United
States under the policy of protection
intelligently applied. Free trade Eng
land presents striking contrast In
this respect. Returns for January,
1898, published in the latest issue Of
the London Chamber Of Commerce
Journal, show that during that month
British imports have increased $7O4.-
ZIG as compared with January, 1897,
while for January, 1898, the exports OF
produce and manufactures have fallen
of $2,774,16 as compared with the
same month year ago. The excess OF
imports over exports for January, 1898,
amounted to sos, 425, 435, or at the rate
of over 1,2OO, 600, 900 for the year.
Trade returns of Austria-Hungary
for the year 1897 show an increase in
imports of 54,545, 553 forms, while the
exports have decreased 627, 607 forms,
as compared with 1896.
A similar story is told by France
for the month of January, the increase
of imports amounting to 1889 900
francs, while the exports fell off $780,
900 francs.
Germany makes the best showing Of
any European nation, but still far from
equal to that of the United States. For
the year 1897 Germany's imports, in
GLIDING precious metals, were in value
81, 2O8 ,222 900, an increase of sos, 735 900
over 1896, and her exports were $947,-
o32, 900 being $1S.577,250 more than in
1896.
No country enjoys the peculiar COM
mercial advantage possessed by the
United States-that of exporting in
eight months $s13,37o,071 Of her sur
plus products, while importing but
1898. 708, 966 of the products of other ma
lions. Such is the record made by the
United States under the Dingley tariff.