Arizona republican., 1899-07-05
Annual Report of New York
 Chamber of Commerce.
MANY PUBLIC SUGGESTIONS
Interests Tn inc Far East and inc peaCe Conference at The Hague Are Referred TO-BaIance of Trade Is Shown in Facts and Figures Tnaf There Is a Big In- crease in Trade.

-NeW 1Ofk, JuiN H. me IOftyIII'St annual report of the chamber of com merce for the year 1S9S-99 has been published and contains many interest
 ing reports on the leading trades of this city and statistical statements of trade and commerce. Treating of ahe currency, the report says:
 This continuation throughout the year of a so-called favorable balarae
 of trade brought about net imports of
 gold amounting to more than $140,- 0G0,000. Partly owing to the sale of S200 100000 of bonds for war purposes.
 q considerable portion of this god found it's way into the United States treasury-the net gold in the treas ury rising from S161. .OO0,O0 in January. 1898, to $246,O0O,OOO at the end of De
 cember
 CONFIDENCE COMPLETE.
 Confidence being complete that our paper currency was to be maintained upon q parity with gold, the use of god coin in payments to the treasury was again resumed. Gold payments for custom duties at New York. which. iE the latter months of 1897, had risen from nothing to nearly 10 per cent of the total. have, for the six months end ing April 30, 1899, amounted to more than so per cent of the entire receipts for customs at this port. The abun- dance of gold in the treasury has made the governments task of maIn- taining the parity of all our currency an easy one, and makes the present an opportune time for such reform 1n our currency laws as may serve to tighten the task when less favorable eonditiors arise"
 American interests in the far east receive attention, the report showing that our exports to China continue to expand rapidly For the first nine months of the current fiscal year, in the item of cotton cloths alone, 1t is shown that there was an increase in value from $3,5S+,411, in 1898. to $7,O63,07!, in 1899, ,and in quantity from 7S,00OOOO to 150,OOO.OO0 yards. A trade with such enormous pOsSibiI- ttias as are presented by market sup plying 350,000,000 of consumers, it is held, is of vital consequence to the and manufactures of the United States, and the policy of their government in regard to the efforts of other powers to restrict a subject of legitimate concern to them.
 After referring to the receptions oriT- A T Beresford, OI. P, and Hon. John Bar rett, late United States minister to Siam, the report touches upon com education, the increased need for competent representatives who can speak the language of the people with whom they seek to do business.
 COMMERCIAL EDUCATION.
 One of the recommendations is a commercial course in high schools. which may or may not be preparatory to hi.-her commercial education in un> iversities, so as 10 keep the United States abreast of the times. The chamber of commerce authorized its officers to enter into anN agreement with the trustees of Columbia col lege for the establishment of q college course of four years duration 10 be open to students of the grade of high school graduates, whenever the ncces- sary expense of from $12,500 to S20,- )G0 per aGnUm can be arranged for.
 Reference ill the report is made next o the subject of exemption from cap -ure of private property on the sea in -ime of war, which was referred to in his message by President Mckinley:
 'tThe peace conference, now assem- 1led at The Hague,' says the report, is discussing the question, and it is loped that q general agreement will De arrived at by the maritime powers that will secure the same protection and treatment of private property on the sea, as now is ac- .orded to it on the land"
 The staples of import and export Ire discussed at length and references made to the higher price of raw sugar md says:
 ''What has been termed the var among local refiners has d9 d into keen competition betwe, efineries, which has cut dowI ,n the one hand, and, therefO ,fited customers on the othel ,ar there has been no appa rease in consumption in cons If the competition. The anneSs1 if the Hawaiian islands has n
 fContinued on Eighth Page.l