The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1898-08-24
OUR CHINA TRADE
We Have Successfully Invaded
That Country With a Large
and Increasing Traffic

| ihNdhiVh VI Nilt ildA htAo VI NHlA" IL
illustrated by some figures just pre-
pared by the treasury department Of
statistics, showing that our exports to
that market have OF late Increased
much more rapidly than those Of other
parts Of the world. and that the heavy
falling Off in imports of certain lines
Of goods into China in the last year
has not been as seriously felt by the
United States as by other nations with
which we come in competition. An
examination of our exports to china
during the fiscal year just ended shows
marked increase in large numbers of
articles. and that the reduction in cot
ton goods, which has caused the slight
decrease In the total. Is much less pro-
portionately than that Of our chief rive
ais in supplying the cotton goods mar
ket Of that country While our total
exports TO china during the year just
ended fell on a little less than two nil
lion dollars. the fall in cotton goods
alone was two and one quarter million
dollars. thus showing that the falling
on In this class of exports was re-
sponsible for the reduction in the grand
total Of our exports 70 that country A
further examination, however. OF this
reduction in cotton goods exports To
China shows that it was incidental 70
an enormous reduction OF cotton piece
goods importations by that country
and that the United States suffered less
by that reduction proportionately than
competing for that market The recent
report on the trade OF China, published
! by the inspector general of Chinese
customs, says Of the import trade in
cotton piece goods: "The year 1897.
heavy stocks over from 1896, was one
of the worst on record for the piece
goods trade" That the reduction In
imports in cotton goods was partly due
10 an increase of cotton manufactures
In China as well as heavy stocks car
rled over from the preceding year is
shown by a further statement contain
ed I'm the same report, which SAYS that
the importation Of raw cotton increased
more than Go per cent in 1897. and that
81 Japanese cotton yarn more than
doubled. That the American Imports
OF cotton goods suffered less than those
"f other countries Is shown by a para
graph of the report in question. which
says. The trade I'm cotton piece goods
shows as was expected "a falling on
from the figures Of 1886 American good
however continue 10 increase IN favor
these being almost the only exception
TO the general decline. The favor the
American goods find IN the Chinese
markets is due to their cheapness.
WE GAIN. OTHERS LOSE.
Another evidence that American
goods exported into China have suf-
fered less by the general reduction
than those Of our chief rivals for that
trade, is shown by a comparison Of
our own exports TO China during the
past six months. with those Of Great
Britain TO China during the same per-
iod. The June statement OF trade and
! navigation Of the United Kingdom.
which covers six months exports by
articles. specifies the amounts Of cot
ton and woolen goods and manufact
ures Of metal exported 20 various coun-
tries. This shows that the exports OF
these articles 10 China and Hong Kong
In the six months ending with June.
fell on nearly three million dollars. or
over AZ per cent as compared with
the corresponding six months of the
preceding year Our own statement of
exports 70 China and Hong Kong la
chdes. beside manufactures OF cotton
and metal. provisions, breadstuf's.
naval stores manufactures Of tobacco
and manufactures of wool. the list con
tanning double the number OF articles
OF that named by Great Britain in her
exports. yet the net decrease In the
list Of articles named IN our own re-
! ports amounts TO less than eight hun
dred thousand dollars, against the net
decrease Of nearly three million dollars
in a much smaller list Of the exports OF
Great Britain in the corresponding per.
= iod Of time. Our own statement Of IN,
commerce OF the year shows an IN
crease ia exports Of -four, bicycles, car
) riages and cars. fruits ana nuts. tele
graph Instruments telephones. sclenti
hc instruments. canned beef. bacon
hams. butter, cheese, seeds. tobacco
lumber and other articles 10 China dur
J Ing the year just ended. as compare,
with the preceding year
A TABULAR COMPARISON
The steady gain which the United State
4 rs making 10 It's EFFORT 20 obtain shar
! Of the marke3 which China anords
} shown BY the following comparison of on
! imports into China and Hong Kong. froi
isso 10 1885. with those Of Great Brital
\ during the same period. The table. It wi
I be- observed. shows an Increase Of 5y'
J 30 per cent IA exports from the Unite
Estates % China aud Hong Kong aurir