The Providence news. (Providence [R.I.]) 1891-1906, 1898-07-21
We Are Reaching Out For
Worlds Markets.
ISOLATION NOW ATAN END
No Longer Wholly Absorbed In In
ternal Development.
MR.. EMORY'S TIMELY PAMPHLET

able advance OF the United States into
the markets of the world is presented
in publication just issued from the
bureau OF foreign commerce. While
presenting elaborate statistics and
data, the subject is also treated broad
ly to bring out the general significance
Of this trade development, which Mr..
Emory refers to as an American inyas-
ion OF the markets of the world.
In his introduction to the work Mr..
Emory refers to as an American invas-
longer the "granary OF the world
merely. while its export Of agricultural
products has increased TO remark
able extent during the past year, its
sales abroad OF manufactured goods
have continued to extend with facil-
ity and promptitude of results which
have excited the serious concern or
countries that, for generations had not
only controlled their home markets but
had monopolized certain lines OF trade
I'm 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
discriminations of various kinds and
Notwithstanding that organized, effort
10 Tttcn tcItlku uidIhehS lot Jul ih"h-
ufactures Is as yet in its infancy, the.
ability of the United states to compete.
successfully with the most advanced in
dustrial nations in any part of the
world as well as with those nations In
their home markets, can no longer be
seriously questioned.
ATTENTION OF FOREIGNERS.
The attention which foreign govern
ments have given to this rapid increase
OF American trade is discussed as fol-
lows:
'In view OF what may be termed an
American invasion Of the markets OF
the world, the attitude OF the leading
commercial nations towards each other
and the relations I'm which their indus
trial activity and trade interests bear
TO the United States become a matter
of practical concern. The more i'm
portant incidents of the past year in
foreign diplomacy have therefore a
significance for us which might not
have attached to them i'm the absence
Of concerted efforts to extend the sale
OF our goods. China has for some
years been one of the most promising
fields for American enterprise, indus
try and capital. and the entrance of the
vast empire upon the path or western
development under conditions which
will secure equality of opportunity TO
the lnfttu CtdttS VIII uOuDtltSS TtSuit
In immense gain to our manufacturers.
The solution of the problem OF the fu-
ture commercial conditions OF the Chi
nese empire has. therefore, an imme-
date and most important relation to
the expansion OF our export trade. and
especially that of our Pacific slope.
The partition OF Africa among the
European powers offers consideration
OF an economic character of almost
,.I sroft nd xUhila tho v,1a q ef tho
more active commercial nations. for In
creasing their respective shares OF the
trade OF the Latin-American markets
effected us even more seriously in the
development of our commercial inter-
course with the southern half OF the
western hemisphere.
ATHING OF THE PAST.
The international isolation of the
United States so far as industry and
commercial commerce are concerned
has in fact, been made a thing OF the
past by the logic OF the change In our
economic requirements, and we can no
longer afford to disregard internation-
al rivalry, now that we ourselves have
become q competitor In the world wide
struggle for trade. 1t is shown also
that international conditions I'm many
OF the foreign countries are bringing
about important economic changes
which affect the trade of the United
States. In this connection Mr.. Emory
says: "Nor il IL with the relation of
the different nations towards one
another that we are dlone concerned.
The industrial changes current within
the territory of each obtainta new and
much graver Importance i'm their poss-
ible effect upon our development as an
exporter OF manufactured goods. s,ts
INTERNATIONAL INTERESTS. 4
The conditions contributing to the
rapid growth OF manufactures in recent
years: the fiscal changes in Russia, In
dia and Japan, as well as'in some Of the
ordinary impulse given to the indus
trial and commercial growth of the
German empire as a factor of interna-
tional trade; the advance of Russia on
similar lines, and the rapid progress of
the Siberian railroad toward an open
port on the Yellow sea; the exports o;
Great Britain to meet the increased de-
mand of other nations; the decline
of the sugar industry In the
West Indies az n result of beet sugar
competition: the troubles OF Spain with
her colonies; the discovery of gold i'm
Alaska and the adjacent territory I'm
British Columbia: the tariff OF the
United States, Canada and other coun-
tries--all the phases OF economic
changes during the past year have an
interest and Importance for the United
states which are greatly enhanced by
the Transformation now going on I'm in
dustrial life, converting us slowly but
surely from a people absorbed with the
international development OF n virgin
continent into one of the great COM
mercial powers Of the world, with the
international interests and RESPONSE
bIlities which such a position naturally
implies"