The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-08
COMMERCIAL EXPANSION.
WONDERFUL PROGRESS MADE BX THIS
COUNTRY IN A FEW TEARS.
Agricultural Exports Increased $40, o00,-
OOO in 1893 as Compared with 1897.
and Manufactured Exports S2s, oOO, 900
Extending Our Foreign Markets.

Agricultural Exports Increased $40, 600,
OOO in 1893 as Compared with 1907,
and Manufactured Exports S2s, 900, OOC
Extending Our Foreign Markets
W~AsHINGToS. April THE condition OF the
worlds m at the end OF 1893 Is de-
scribed in a review made public by the state
Department to-day. The re view is introduce
tory to the publication soon to be made In re-
gard to the commercial relations of the United
States.with foreign countries and is addressed
to the President in o letter from the Secretary
OF State. The Chief OF the Bureau OF Foreign
Commerce. Frederic Emory. summarizes the
contents OF the review in naturalization. In
which he says that the steady progress OF COM
mercial expansion Is attested not only by the
Custom House returns OF exports and Imports.
but by official publications OF other Govern
ments and the detailed reports OF the diplo-
matte aud CONSULAR. representatives OF the
United States.
"During.the calendar year 1897" Mr.. Emory
says. the agricultural exports OF the United
States 'amounted. in round figures. to $780,
100000. and in the calendar year 1893 to
nearly $S52, 600. 900. The exports OF manu-
featured goods during 1897 aggregated nearly
S2S0.0O0,0 900. and IN 1893 to S30S. 5000
We find. upon comparison OF percentages OF
The total export trade. that, Notwithstanding
the enormous Increase OF exports OF ag ricul-
iural products. amounting to moro than $780,
100000. there was a decline in the percentage
Of manufactured exports of less than l per
cent. az compared with the previous year:
that is to say. while the percentage OF agri-
cultural exports rose from 07.63 to ~ the OK
ports Of manufactured goods fell only from
$50 to 24.g6.
There was an actual gain during the year
1885 in manufactured exports Of about S2S.-
u)DJUnD against nm inpraase during the palen-
dar year 1897 OF 500 900. 900. When the fact
is considered that during q portion Of the
year 1898 the industrial and commercial ac-
~tivities of the United States were more or less
affected by the war with Spain. the increase
OF S2S. 700. 900 In the exports OF manufactured
goods would seem to indicate that we not only
did not lose ground. but made substantial
gains In certain markets."
Mr.. Emory says II would appear that the
United States is rapidly becoming industrially
independent to a very great extent OF the rest
OF tie world. and Mt the same time is develop
ing its commercial relations in such a way as
will enable 1t to take In exchange much larger
quantities Of goods which II is unable to pro-
duce.
The Industries OF the United States have. in
fact" he says. been developed to a point
where it seems to be not only practicable but
comparatively easy to supply a considerable
portion Of the world as well as the home mar
ket. While the exports OF the United States
have increased enormously the imports have
not kept pace with those OF the leading indus
trial countries OF Europe. This is held to in
dictate that our manufacturers are making
progress in meeting demands OF domestic
trade. which for a long time were satisfied only
by purchases from other countries. as we'll as
extending their sales In foreign markets.