The evening times., 1900-01-08

paths of foreign travel in a trip across the
Pacific Ocean appreciate the enormous
marts of trade which the occupation of the
| Philippine Islands will naturally bring 10
the United States.
That trade follows the flag has long been
one of the cardinal principles of the colo
| NAL policy OF Great Britain which has been
often demonstrated by actual experience
This great nation has yet to have prac-
| tical illustration of the benefit to manufac-
| turers and other producers which the open
| ing up of new and virgin foreign territories
| brings
That the Anglo-Saxon race POSSESSES all
The traits Of character Necessary to carry
such an undertaking to successful compile
tion has been often proved by England.
! The government which the United States
| will give 10 such dependencies will, ac-
! cording to the best authorities, prove even
more inviting TO alien and semi-civilized
! peoples.
Since Spain was driven out of Manila the
military arm of the American Government
| mas been i'll absolute sway. The outlying
] districts being in the hands of insurgent
I
/ trade have been very limited.
The end OF the insurrection being now in
sight, if not already brought to pass, will
! Immediately change the outlook, and a
rapid increase in trade may be expected.
While the Philippine trade is in itself
! most inviting affording an excellent field
! for American energy and Investment the
/ trade with other Oriental countries which
| viii use Manila as a base of operations. is
/ even more alluring. As Great Britain used
Hongkong 50 America will use Manila.
China. teeming with its population of
/ semi-civiiized people will be subjugated by
| the Yankee trader. Japan, which during
/ the past decade has from a pagan empire
emerged into a recognized star in the
galaS Sy of nations. invites trade with the
/ great Republic which is separated from ii
by the Pacific Ocean.
Russia j. developing Manchuria and ST.
/ IBERIA as a market for Yankee goods, 7r no
matter what the restrictions Of the larlH
the American manufacturer and merchant
can undersel the Muscoyite and produce
! better articles.
The vista seems almost endless. To 90
into details OF what the Orientals require
from moro civilized nations is in itself
impossible for as the taste is cultivated.
the requirements become more varied.
Just now it is in the staples that the de-
mands OF the Orient are most pronounced.
The consumption OF Illuminating oil is
one of the striking features of the Chinese
trade \ prominent merchant re-
Gently said. The Chinese literally drink
petroleum.
When q nation ceases TO retire at sun
down il gives indications of emerging
from its primitive state. Illuminating oil
was a revelation TO the Chinaman. First
- Volt btf hprnrOta I
necessity The trade with Hongkong Of
the Standard Oil Company has become
during recent years one OF its most I'M
p1rtant branches.
Just at the moment the attention Of
American merchants and fnanciers is at
tractcd TO The hemp trade of the Philip
pines
hs ouS as the insurgents were in con-
troll of the interior of the Island of LuZOn
the hemp produced there was prevented
from reaching the ports for export
such hemp as did go abroad was of very
inferior quality. The Standard Rope and
Irvine Company and other American man
ufacturerS of rope which were fortunate
enough to have in hand stocks of hemp
several months ago were making unusual !
ly large profits.
Since the blockade of the Philippine !
ports there has been an advance in hemp
this staple from the islands this advance /
is equal TO about $50 000 coo.
All Of he nations Of the world look 1
to the Philippines for their supply of /
hemp. This trade alone will be most i'm !
portant To the American merchants who /
will undoubtedly now embark in il TO i
greater extent than ever before
Flour. cotton. and lumber are other sta
pies which the East is demanding from
America in ever increasing quantities. In .
the case of -four in particular the possi-
bilities for expansion seem to be unlimit
ed. China and Japan are only now learn
ing OF the excellent qualities of American
-four. OF course il is only the richer
classes that can afford TO buy wheat flour.
Thus far only in the seaport towns and
cities does a demand exist for this i'm
pOrtant American commodity, with the
vast interior districts yet to be heard
from.
From absolutely nothing a few years
ago their -four trade has grown until it
has now assumed enormous dimensions.
While foreign exchange brokers in this
city have been wondering why the supply
of cotton bills for shipments OF the staple
of the South TO Europe is so small they
seem TO have overlooked the movement of
cotton 10 the Orient.
Japan which three years ago bought lit
tie or no cotton from this country is now
buying large quantities. During the past
week a tramp steamer left New Orleans
loaded with cotton consigned TO Yokohama
This is the first vessel to leave this coun-
try on such voyage with such cargo
If the Nicaragua Canal had been built
the trip would be very direct, but now the
voyage is across the Atlantic and through
the Suez Canal.
Thousands of bales have gone by rail
over the Southern Pacific to Californian
ports and then loaded Oh steamers The |
Canadian Bank of Commerce is one of the
institutions which have handled bills of
exchange for thousands of bales of cotton
shipped in this way to the Orient.
The greatest profit in the cotton trade
is in the finished fabrics. for which the
Orient is daily increasing the demand. Less
han an month ago there was a petition |
sent to President Mckinley protesting !
against any withdrawal from the Pacific
Islands, now belonging to the United
States and urging the Government to pass :
bill authorizing the construction of the
Nicaragua Canal. {
This petition, which came from the South,
disclosed the fact that many of the cotton
mills in the Southern States are at work
exclusively on cotton goods to meet the
requirements of the Oriental trade The
value of the cotton shipped to China alone !
amounts TO about SIC, 900, 600 per annum.
which is only the beginning of this i'm
)ortant traffic
According to the Government statistics