The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1898-11-30
OUR PERHAsIVE PROSPERITY


United States is we'll illustrated by
the rational conjecture that the com
merce of New York during the year
1898 will exceed that of London
from eight to twelve millions. But
this statement, imposing as it is, con-
ceals the greater and better part of
the truth, which is this: Great as
the increase of New York's com
merce may be, it is an increase which
is relatively slower than that of other
parts of this country. New York
does not flourish at the expense of
San Francisco, New Orleans, Boston,
Philadelphia, or Chicago; it never
again can dominate the commerce of
the United States as London domi-
mates the trade of Great Britain.
This country has oceans, or great
lakes that ultimately will be con-
nected with oceans, on every side of
it. 1t has the advantages of both an
Vast plains, vast forests, mountains
pregnant with precious metals, meas
ureless areas of coal and iron, COM
bine to afford support for millions of
farmers, artiicers, and traders. AL
ready about. "a 100000 dwell in the
United States in greater comfort than
IS enjoyed by like number of per-
sons in any other country, and the
man who cast his first vote at the
last election is likely to see the 75,-
100000 increased to 15O,O0o,O0O.
This general increase of popula-
ton involves a general participation
in the increase of commercial profits
In 1870 the reports of the bureau of
commerce and navigation gave
Chicago no place as city of exports;
It's imports we're valued at $735,894.
During the first nine months of the
present year the exports from Chi
cago were worth $8,o25,387, anu It's
Imports S7,4T7,04f. Id passing, it
affords bs pleasure to inform the free
traders who charge that n protective
tariff prevents the development of
foreign trade that the exports of Chi
cago were nearly quadrupled in the
period between the low-tariff year of
1896 and the protective tariff year Of
1898. For the first nine months of
1896 they were worth $2,126,434;
and, as we have said, $8,025,367 for
the like term of 1898.
But the most noteworthy point Is
the increase in the foreign trade of
Chicago as compared with that of
New York. In 1870 our foreign
trade was worth only $735,894, and
it was only $847,935, IN 1880, while
that of New York was worth $417,-
663,559 and 1852 1872 in the
years named. During the first nine
months of this year New York's
foreign trade was worth 656,7S2, ,459,
which does not indicate a remarkable
extension in period of eighteen
years.
Baltimore, by no means feverish
city, has steadily increased her ex-
ports from $14,51O,733 IN 1870 to
$76,245,S7O in 1880, and to $S4,1O5,-
T31 in the first nine months of this
year. Galveston has about doubled
her export trade between 1890 and
1898. The Pacific coast ports, ex-
clusiye of San Francisco, have literal
ly created an annual foreign trade
worth $3O,OOG,0OO slrce 1890. Buff
falo, which III 1890 bad not a place
IN the official report of the bureau of
commerce and navigation, will come
near to $S,OOO,OOO in the value of its
exports for this year, and North and
South Dakota will send exports worth
$6,oOO,oO0.
No part of this republic has cause
for jealousy of another. The growth
of fra1a in ono section necnssitataS q