Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-02-19
Interesting Figures In Review Issued
by the State Department.
YANKEE NOVELTIES POPULAR
Falling on In Exports Noted. but At
tributed to Business Depression
In Europe Having Limited
the Purchasing Power.

Washington. Feb. ia review of
the foreign commerce of the United
States for 1901 has been made public
by Frederic Emory. chief OF the bu-
reau of foreign commerce Of the state
department,
The review says that the commercial
reports of our diplomatic and consular
officers for last year record continued
growth in the sales Of many lines Of
manufactures from the United States
in foreign markets and an increase OF
the general concern felt throughout
Europe as to the possible results OF
our Industrial competition.
Although the figures for our exports
compiled hy the treasury department
show a considerable falling off in the
total value Of manufactured goods sent
abroad. it is said that there seems 10
bt a steady and uninterrupted spread
in the popularity of what may he term
ed American novelties all over Eu-
rope. BY the word novelties is
meant not only labor saving imple.
ments and machinery which are
strange to most Europeans hut II CREST
variety of articles of merchandise. al
OF which possess distinguishing points
of excellence and relative cheapnesS.
new to Europe. which commend them
to purchasers there in preference t.
similar articles of home manufacture.
In other words. while the aggregate
Of our exports of manufactured goods
has SHRINK. the variety of our sales
in Europe is being extended. and the
territory upon which they are encraach-
ing is being steadily enlarged.
Gains In Austria.
striking example of this is in Aus
tria- Hungary, where imports from the
United States are increasing rapidly.
That country originated the idea of a
European combination against Ameri-
ca in trade, and there the hostility of
the industrial classes is most pro
nounced.
The United States again beads the
list of countries selling to Germany
and is causing the economists of that
| IlHlio IuufH FbDctII lIiQttU. IL is
pointed out, this same concern is felt
i'll France, Great Britain. Belgium.
Switzerland and the other highly de-
yeloped manufacturing countries of
Europe 1T is shown to be fact that
we are now supplying European ma
tons with goods which for years have
been distinctive of the countries them
selves and which we used to import
from there. We export silk to France.
tin plate to Wales. ,cottOns to England.
and our California fruit is making such
Roadway in Spain as to provoke the
query in a Spanish newspaper. "Shall
we live to see American oranges on
the Valencia market itself?N In Bel
GUM more American goods are being
consumed than ever before
The falling off in American exports
is attributed not to the goods being in
less favor, but rather to business de-
preston in Europe, which has limited
the purchasing power. The elimina-
ton of Hawaii and Porto Rice from
the list OF countries to which we ex-
port is also factor.
What Statfxtics Show.
The treasury figures show that dur
ing the calendar year there was fall
ing off of $12,5G5.1 1914 compared with
the previous year. manufactures hay
ing fallen off SAG 2G2.312, offset by
gain in agricultural exports of $35.591,.
N77.
Mr.. Emory says it is evident that the
"A merican invasion of Europe has ceas-
ed for the time being to be of that
sweeping character that distinguished
it at first as an economic phenomenon
He recalls what was said in the review
q year ago of the danger of more siren
Gous European competition, the use Of
new processes and our own models Of
ma chiaery. but he says that Europe
has MOI made any sensible progress in
that direction.
As to restrictive legisla alton. pending !
measures in Europe might be abandon
ed, according to the review, If the Unit !
ed States modified its tariff policy and
permitted more imports from Europe. /
AS factors making in our favor the
Ieview points to alleged obstruction by |
British labor. which increases our
trade opportunities; to the combination ,
of labor and capital here, as shown at !
the recent conference of employers and |
in New York, and to the
fact that our competitive energy is SO
far but partly developed.
On the whole Mr.. Emory finds tina,
we have hardly more than entered W.
on a novitiate in fitting ourselves for
competition, and he notes
with encouragement the growth of
popular interest in the value of foreign
trade and our well directed efforts for
|
Great Mine Fire In Indiana.
Brazil. Ind, Feb 19.-Miners have