The evening times., 1900-01-08


paths Of foreign travel in a trip across the I
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
nial policy of Great Britain which has been
often demonstrated by actual experience.
This great nation has yet to have a prac-
tica1 illustration Of the benefit to Tnanufae
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
ton has been often proved by England.
The government which the United States
will give 20 such dependencies will. ae-
cording To the best authorities. prove even
more inviting 10 alien and semi-civilized
peoples.
Since Spain was driven out of Manila the
military arm of the American Government
mas been iu absolute sway. The outlying
districts being in the hands of insurgent
bands. tlc opportunities for commerce and
trade have been very limited.
The end of the iusurrection being now in
sight. If NOT already brought to pass, will
Immediately change the outlook, and
rapid increase in trade may be expected.
While the Philippine trade is In Itself
most inviting affOrding an excellent held
for American energy and investment the
trade with other Oriental countries which
viii use Manila as a base OF operations, Is
even more aIIuriug As Great Britain used
Houekoug. SO America will use Manila.
China. teaming with its population OF
/ semi-civilizel people, Will be subjugated by
the Yankee trader. Japan, which dur 3
/ the past decade has from a pagan empire
EMERGED into a recognized star in the
| galaxy of nations. invites trade with the
| great Republic which is separated from D:
l by the Pacific Ocean.
Russia is developing M8nchuria and 81
/ IBERIA as a market for Yankee goods. 7r no
matter what the restrictions Of the tariff
/ the American manufacturer and merchant
| can uudersell the Muscoyite and produce
/ better articles
/ The vista seems almost endless. To 20
. into details OF what the Orientals require
from mOra civilized nations is in itself
. impossible for as the taste is cultivated.
I the requirements become more varied
7 JUST now j.. is in the staples that the de-
m1nds o. 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 20 retire al sun
! down it gives indications Of emerging
. from It's primitive state. Illuminating oil
was a revelation 20 the Chinaman. First
. +. was q novelty. but has now become 4
a.. rrfr Of
the Standard Oil Company has become
. during recent years one of its most I'M
p0rtant branches.
Just at the moment the attention Of
/ American merchants and hnauCiers is at
tracted to the hemp trade of the Philip
pines.
AS Ioa- 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 s aid go abroad was Of very
/ inferior quail ty. The Standard Rope and
Irvine Company and other American man
ufacjurcrS Of rope which were fortunate
enough TO have i'm 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
Of 4oo per cent On the usual exports OF
this staple from the islands this advance
is equal go about $50 600 600.
/ All Of the nations OF the world look
| to- the Philippines for their supply of
hemp. This trade alone will be most inn
pOrtanf tO the American merchants who
will undoubtedly now embark i'm 10 20 a
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-
biliries for expansion seem TO be unlmit-
ed. China and Japan are only now learn
ing Ci the excellent qualities OF American
-four. or 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 inn
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 il
has now assumed enormous dimensions.
| While foreign exchange brokers in this
city have been wondering why the supply
of cotton Gills for shipments OF the staple
Of the Sou,u 20 Europe is so small they
seem TO haze overlooked the movement OF
cotton TO 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 cOuD-
try on such voyage with such a cargo.
II the Nicaragua Canal had been built
! he 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 on steamers The
Canadian Bank OF Commerce is one Of the
I 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
Orien. is daily increasing the demand. Less
than Sn month ago there was a petition
sent 10 President Mckinley protesting
against any withdrawal from the Pacific
Islands, now belonging to the United
States. aEG urging the Government to pass
a bill authorizing the construction of the
| Nicaragua Canal
This petition. which came from the South
disclosed the fact that many Of the cotton
mills i'm 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 10 about $4,000 600 per annum
which is only the beginning Of this i'm
portant traffic
According to the Government statistics
for the last fiscal year the exports of the
United States to the far East were valued
az SS0.o0o. 600. which was an increase OF
$1,000. .oOo Owe the year previous. This
inc Ind.