The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-07-22
AN OFFICIAL REPORT
UTTERLY EXPLoDEs PRoTEC-
TON THEORIES.
Our Manufacturers Successfully
Compete With the "Pauper La
Dor of Europe" In the Free and
Open Markets of the World-In-
ternational and Economic Changes

4 bureau OF foreign commerce, uepei I
ment OF state, under the direction of
Mr.. Frederick Emory.
While presenting elaborate statistics
and data on the increase of this trade
the world over, the subject is also
treated broadly TO bring out the gen
eral significance of this trade develop
ment, which Mr.. Emory refers to as an
american invasion of the markets OF
the world
Although no reference is made to re-
cent geographical and political changes,
resulting from the appearance OF the
United States in the Philippines, Cuba,
Porto Rico and elsewhere, yet the re-
view deals with the important part
which American enterprise and capltal
are taking in the development IN the
far east.
In his introduction to the work, Mr.
Emory says: THE United states Is no
longer the 'granary of the world mere
ly. While its exports OF agriculture
products have increased to remark
able extent during the past year, It's
sales abroad of manufactured goods
have continued to extend with tacli-
ity and promptitude of results Whlcn
have excited the serious concern OF
countries that for generations had not
only controlled their home markets, out
had practically monopoliZed certain
lines of trade in other lands. When we
consider that this result has been
reached with comparative ease, in spite
of added impediments to United states
exports in the form of determinations
of various kinds, and notwithstanding
that organized effort to reach foreign
markets for our manufactures is yet
in it's infancy. the ability of the Unltea
States to compete successfully with
I'D ri
in any part of the world, as we'll as
with those nations in their home mar
kets can no longer be seriously ques- |
toned"
FOREIGN INTERESTS.
The attention which foreign govern
ments have given to this rapid increase |
of American trade is discussed as fol- i
lows: In view of what may be termed |
an American invasion of the markets
of the world. the attitude of the lead
ing commercial nations towards each |
other and the relations in which their
industrial interests bear to us becomes
a. matter of practical concern. The IN
cidents of the past year in foreign dl-
nlomacv have a significance to us
which might have not been attached
to them without efforts to extend the
sale of our goods. 1t may be said that
the chief business of European diplo-
macy at the present day is to secure
new spheres of influence and Wloer
for trade, as well as SUIT
able territory for occupation Dy the
overflow of population from the more
1ensely inhabited countries. The world
has watched the progress of the dip
Iomatic actions in China with an in
terest that has been heightened by the
knowledge that the practical outcome
might be either the opening OF new
channels of trade to the commerce OF
the globe or the appropriation of them
by particular nations for their own
A PROMISING FIELD.
China has for some years been one
If the most promising fields for Amer
can enterprise, industry and capital
md the entrance of the vast empire
Upon the path of western development
Inder conditions which would secure
equality of opportunity to the United
states would doubtless result in i'm
nense gain to our manufacturers in {
he demand sure to follow for lines of '
applies and goods of various descrip- I
ions that we are fitted to provide. t
THE solution of the problem of the {
uture commercial conditions of the !
,hinese empire has, therefore, an i'm {
Mediate and most important relation to |
he expansion of our export trade, es-
1.-THE partition of Africa among the {
European powers offers considerations T
f an economic character of almost '
DUAL magnitude, while the plans of :
he more active commercial nations for 7
Increasing their respective shares of the q
rade of the Latin-American markets :
ffected US even more seriously in the
evelopment of our commercial inter /
curse with the southern half of the .
restern hemisphere.
THE INSTRUMENTATION of the l
United States, so far as industry and .
interests are concerned, mas
l fact been made a thing of the past |
V the logic of the change in our eco :.
omic requirements, and we can no
niger AFFORD to disregard international
valries now that we ourselves have
ecome a competitor in the world wide n
-ruggle for trade" =
INTERNATIONAL CHANGES. s
1t is shown also that international :
lnditions in many of the foreign coun- =
les are bringing about important eco - :,
omic changes which affect the trade
!, the United States. In this connec- .,
or Mr.. Emory says: io
Nor is it with the relation of the ~
fferent nations toward one another =
lat we are alone concerned. The in 8
Istrial changes current within the >,
rritory of each obtain a new and
UGH graver Importance in their pos 10
BILE effect upon our recent develop
ents as an exporter of manufactured
,ods. The conditions contributing to
e rapid growth of manufactures in fl
cent years, the fiscal changes in Rus In
a, India and Japan, as we'll as in o,
me of the Latin-American countries, eff
e extraordinary impulse given to the n,
dustrial and commercial growth of to
e German empire as factor of inter h,
.tional trade, the advance of Russia an
similar lines, and the rapid prog hs
SIS of the Siberian railroad toward an y,
en- port on the Yellow sea, the efforts so
Great Britain to meet the encroach- pr
ents of other nations, the decline of eli
e sugar industry in the West Indies
a result of the beet sugar competi- nj
N, the troubles of Spain with her tn
lonies, the discovery of gold in tn
aska and the adjacent territory in Sc
itish Columbia. the tariff legislation
the United States, Canada and other in
untries-all the phases OF economic pa
anges during the past year have an M
crest and Importance for the individ- hi
operative in the United States
iich are greatly enhanced by the
now going on in our in
Sutsi lie, converting us slowly but IT.
rely from people absorbed with the %
ernal developments of virgin con- Il
ent into one of the great commercial n .
wers Of the world. with the interna- by
nal interests and responsibilities Gu
Itch such a position naturally i'm CO
es" De
The body of the book treats in detail co
american trade with ali the coun- w
es Of the world. dr.
oh