Evening star., 1898-07-21
IN THE WORLDS MARKETS
Increasing Sales Abroad Of American Manu-
, n
features.
Growth In Exports by No Means Con-
fined to Grain-0ther Countries
Seriously Concerned.

The remarkable advance of the United
States into the markets of the world is
presented in a publication just issued from
the bureau Of foreign commerce, Depart
ment of State, III the direction of Mr.
Frederick Emory. While presenting elabor-
ate 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 development,
which Mr. Emory refers to as IAN Ameri-
can invasion of the markets of the world.
Although no reference is made to recent
geographical and political changes result
ing from the Drearance of the United
States in the Philippines, in Cuba, Porto
Rico and elsewhere, yet the review deals
with the important part which the Ameri-
can enterprise and capital is taking in the
development of the far east.
Increase of Exports of Manufactures.
In his introduction to the work Mr.. EN-
ory says:
THE United States is no longer the gran
airy of the world merely. While its exports
of agriculture products has increased to a
remarkable extent during the past year, its
sales abroad of manufactured goods have
continued to extend with facility and
promptitude of results which have excited
the serious concern of countries that for
generations had not only controlled their
home markets, but had practically monopo-
iized 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 eX-
ports in the form of Determinations of va
rous kinds and notwithstanding that or
ganized effort to reach foreign markets for
Our manufactures is as yet in Its infancy,
the ability of the United States to COM
pete successfully with the most advanced
industrial nations In any part of the world
as well as with those nations in their home
markets can no longer be seriously 9ues-
toned
The attention which foreign governments
have given to the rapid increase OF Ameft-
can trade is discussed as follows:
Efforts of Europe.
In view of what may be termed an
American invasion of the markets of the
world the attitude of the leading CONNER
cial nations toward each other and the re-
lations in which their industrial activity
and trade interests bear to the United
States become a matter of practical con-
cern. The more important incidents of the
past year in foreign diplomacy have, there
fore, q significance for us which might not
have attached to them in the absence of
goods. 1t may be said that the chief busf-
ness of European diplomacy at the present
day is to secure new spheres of influence
and wider opportunities for trade. as well
as suitable territory for occupation by the
overflow Of population from the more
denseiy inhabited countries. The world has
watched the progress of the diplomatic
drama in China with an interest which has
heightened by the knowledge that the
practical outcome might be either the OPEN
ing of new channels Of trade to the COM
merce of the globe or the appropriation Of
them by particular nations for their own
81 ecial benefit. China has for some years
been one of the most promising fields 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 result in immense gain to our
manufacturers in the demand, sure to fol-
low. for lines of supplies and goods of va
rious descriptions that we are pFe-eminent-
ly fitted to provide.
THE solution of the problem of the fu-
ture commercial conditions of the Chinese
empire has, therefore, an immediate and
most important relation to the expansion
of our export trade especially that of our
Pacific slope. The partition of Africa
among the European powers offers con-
siderations of economic character of al
most equal magnitude, while the plans of
the more active commercial nations for in
creasing their respective shares of the
trade of the Latin-American markets af-
feoted us even more seriously in the de-
velopment of our commercial intercourse
with the southern half of the western
hemisphere. The international isolation of
the United States. SO far as industry and
commercial commerce are concerned has
In fact, been made thing of the past by
the logic of the change in our economic re-
quirements, and we can no longer afford to
disregard international rivalries now that
we ourselves have become Competitor In
the worldwide struggle for trade"
Economic Changes.
II is shown also that international con-
d!tions in 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 is it with the relation Of the diff
ferent nations toward one another that
changes current within the territory of
each obtain a new and more graver i'm
portance in their possible effect upon our
naScent development as exporter Of
manufactured goods. The conditions con-
tributing to the rapid growth of manufac-
lures In recent years; the fiscal changes in
Russia, India and Japan, as we'll as in
some of the Iatin-American countries; the
extraordinary impulse given to the indus
trial and commercial growth of the Ger
man empire factor of international
trade; the advance Of Russia on similar
lines, and the rapid progress of the ST.
berian railroad toward an open port on
the Yellow sea; the efforts of Great Bri-
tain to meet the encroachments Of other
nations; the decline Of the sugar industry
in the West Indies as result of the beet
sugar competition: the troubles of Spain
with her colonies; the discovery of gold in
Alaska and the adjacent territory in British
Columbia; the tariff legislation of the
United States, Canada and other coun-
tr.es-all the phases of economic changes
during the past year have an interest and
importance for the individual operative in
the United States which greatly en-
haEced by the transformation now going
on in our Industrial life. converting us
slowly but surely from a people absorbed
with the internal development of a virgin
continent into one of the great commercial
mowers of the world with the International
lterests and Responsibilities which such
position naturally implies"
The body of the book treats In detail of
American trade with all the countries of
the world. I -.sf
The Dragon Fly.
From Chambers Journal. -
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