The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-07-22
'VUR WORLDWIDE TRADE
AN ASTONISHING GROWTH
The Developments OF Our Foreign Com
msrcs One of the Most Striking Signs
OF the Time. - Invading the
Markets of the Earth.

washington, July 21.-The remark
able advance of the United States In
the markets of the world is presented
IN a publication just issued from the
bureau of foreign commerce, depart
ment of state. under the direction OF
Frederick Emory. While presenting
elaborate statistics and data on the in
crease of this trade the world over
che subject Is also treated broadly TO
bring out the general significance OF
this trade development, which Mr..
Emory refers TO as an American in
vasion of the markets Of the world"
Although no reference is made TO re-
cent geographical and political changes
resulting from the appearance OF the
limited States in the Philippines, Cuba,
Porto Rico and elsewhere. yet the re-
view deals with the important part
which American enterprise and capital
are taking in the development of the
far East. In his Introduction to the
work Mr.. Emory says:
THE United States is no longer the
.granary of the world merely. While
its exports of agricultural products
have increased to remarkable extent
during the past year, its sales abroad
of manufactured goods have continued
20 extend with a facility and prompt
fude Of results which have excited the
serious concern of countries that for
generations had not only controlled
their home markets. but had practi-
cally monopolized certain lines Of trade
in other lands. China has. for some
years. been one of the most promising
felds for American enterprise, industry
and capital, and the entrance OF the
vast empire upon the path of Western
DEVELOPMENT under conditions which
would secure equality of opportunity TO
the United States would doubtless re-
suit IN immense gain TO our manufac-
turers in the demand. sure TO follow,
for lines Of supplies and goods Of vari-
Gus descriptions that we are fitted 70
provide.
''The solution of the problem OF the
future commercial conditions OF the
Chinese empire has, therefore, an i'm
mediate and most important relation to
the expansion of our export trade, es-
pecially that Of our Pacific slope. The
NATURALIZATION of the United States so
far as industry and commercial inter
ests are concerned has, in fact, been
made a thing of the rast by the logic
of the change in our economic yequire-
ments. n we can no longer afford 70
disregard international rivalries, now
tbs we ourselves have become a com
petitor in the worldwide struggle for
trade"
II is shown also that international
conditions in many Of the foreign coun-
tries are bringing about important
economic changes which affect the
trade of the United States. In this con-
nection Mr.. Emory says:
MOI is Il with the relation of the
different nations toward on another
that We are alone concerned. The in
dustrial changes current within the ter
ritory Of each obtain a new and much
Fraver importance in their possible ef-
feet Upon our nascent development as
an exporter of manufactured goods.
The conditions contributing to the
rapid growth of manufactures in re-
cent years: the fiscal changes in Rus
Ella. India and Japan. as well as i'm
some of the Latin-American countries;
the extraordinary impulse given TO the
industrial n commercial growth of
the German empire as a factor of in
fernational trade: the advance of Rus
sia on similar lines n the rapid
progress Of the Siberian railroad to-
wards an open port on the Yellow sea
abe efforts OF Great Britain to meet the
encroachments OF other nations: the
decline OF the sugar Industry I'm the
West indies as a result OF the beet
competition: the troubles Of
Spain with her colonies: the discovery
of gold in Alaska and the adjacent ter
ritory in British Columbia: the tariff
legislation of the United States, Cana
da and other countries-all the phases
OF economic changes during the past
year have an interest and Importance
for the individual operative In the
United States-which are greatly en-
HANGED by the Transformation now CO.
ing on in our Industrial l!fe, convert
ing US slowly. but surely. from a peo-
pie absorbed with the internal develop
ment Of a virgin continent into one of
the great commercial powers of the
world with the international interests
and responsibilities which such a posi-
ton naturally implies"
The body OF the book treats in detail
OF American trade with all the coun-
tries of the World.