The sun., 1901-10-09

OI OlE lDEtiBu tIuut outoioV ~
Europe shifted somewhat irregulariy.
From the different countries of North
America we imported in 1891 to the ex-
tent of S163, 3,226, ,079, and in 1901 only
$145, ,161 OH We sold to them in the
former year $96, $40, 129 and in the latter
$196, $40, ,11S. The largest increase in
trade was with Canada and Mexico, and
there was decrease with Central Amer
lea and the West Indies. With South
America our imports fell off from $llS,-
736,668 to S110, 1929, 1867 in the ten years,
and our exports increased only from
$s3:3, 7O8, ,29O to 44,770SSS. From Asia
we imported $73,769,111 in 1891 and
S117,519,955 in 1901, but the figures for
1900 were $139, ,S42 $3.50. Our exports to
Asia in 1891 were $25, ,553, ,30S, and in
1901 $40, 2,814, though in 1900 they
amounted to $64 4,913, ,S07. This is for the
fiscal year ending with June, and the et-
feet of troubles in the East is apparent.
1t will be observed how much more we
still buy from that part of the world than
we sell directly to it. Our imports from
Oceanica, which includes the Australian
colonies were 25,621 ,134 in 1881 and
S11,272,711 in 1901, and our exports
thither $1S,621 ,S01 at the former date
and $35,377, ,176 at the latter; but tne
trade of laval was included i'll 1911
and not in 1901. Our imports from Ha-
waii in 1900 were valued at S2O,19I, ,9o3,
while the exports to those lsiahas
amounted to $13.50O 14S. Our African
trade included 4,207, ,146 of imports and
Ak 25O 255 of exports in 1891 and SS,953-
AKA of imports and S25 ,301 of ex-
ports in 1901. There was decrease OF
about So. .25O, 900 in imports and increase
of over Sc, ,OOO,OO in exports in the latter
wear. as compared with that Immediately
nreceJing. an effect occasioncd chiefly
by the war in South Africa.
IF NAV he worth while to make brlef
comparison of the foreign trade OF the
limited States with that of the other m
portant commercial countries, iof Which
the latest figures are those Of the caieh-
dor veor 1900, those for France, Italy
and Spain covering only eleven months,
and those for Austria Hungary nine
months and Russia eight months. ne
comparison will be more graphlc ~ 'ne
form of table:
Imports. Exports
,,..o, s..tes $500, ,o52, 900 81, ATS, $50 ooo
,yi., tring5om 254S, $50. 900 1.I25, Az uou
cn, 4 1888, 32S, 900 l,OS4, ,l59 w.
France III months). l5,ooo'poO 30 ooe mn
Belgium ...........t fo', ioo'o
Austria Hungary " o,1a-t oot
months) ....,...... 2so oo ssa ooo oa- oe- 10,
Italy III months)... 30 I92oo Io.'ooa aa ",
Spain III months).. 123 lSlooo ~ ooo 70,
Russia Is months)... n9 lluoVo "". ~,
May;no 1894 19OO) 81, ,3O4, 900 T1,396,CO'
Canada l1S99-190O). lS2,s5lCoo i'oo'o'oo'
British India uS93- -
1a0M ... 293, ,345, 900 3I4 163, OU
Great Britain, apart from her colonies
still leads the world in foreign trade, and
taking exports and imports together, thu
United States and Germany crowd eacl
other for second place. One enormous
advantage that Great Britain has ac
uuired is to be found in her shipping ant
her banking facilities. All other ma
tions pay her tribute for carrying thei
merchandise on the sea and effecting eX
changes and insurance for them. Max
ing proper allowance for subordinate in
fluences, the $S00,000.000 year b.
which her imports exceed her export
represents what other nations pay ne
for CARRYING their goods, insuring agains
loss and operating international eS
changes through her postal and bankin
facilities. Germany also has an ad
vantage in the steamship lines whicl
have been established with her ports u
the ocean carrying Irhue, anu Sathei
tribute from other countries thereby.
What do the past history and presen
condition of our foreign commerce indl
cate as to its future development? w
have spent century in developing ou
resources, building up our industries, ac
cumuIating capital and preparing for tn
race for commercial supremacy. Thu
far the bulk of our trade is with tn
countries of western and southern Eu
rope, with ports on the Atlantic and tn
Mediterranean. We still send them vas
quantities of provisions, breadstuffs an
raw materials, and take from them rels
lively diminishing quantities Of manu-
factured goods. We have barely begu
to invade their markets with our owi
manufactures, and our trade with tn
great empires of Austria Hungary an
Russia is comparatively insignificant. L
our trade with Europe there is larg
excess of exports, which is partly bal
anced by an excess of imports from othe