The pioneer press. (Miller, Hand County, S.D.) 1893-190?, 1902-01-16

than has ever been known in our history
or in she history of the world Our at
tention Is frequently. called to the enor-
nous balance of trade In our favor: in
other words, the amount of money we
receive for what we sell is above that
which we pay for what we buy. thus
making our country rich beyond all
precedent. IL we carefully inquire into
The source from which this enormous bal
ance OF trade comes, we find that about
three fourths Of our experts are fur
nished directly and indirectly from the
cultivation Of the land; the farmers have
done the work and have benefited the ma
ton. Now let us consider what the ma
ton has done in return for the farmers,
or what it can do In their behalf The
first and great object is to provide them
means to sell the product of their land
and their labor. at the
Highest Possible Prices
X will bring. l will ask you to look over
the statute books of the nation aud the
different states, and find, If you can, any
intelligent step that has been taken to
find new markets for our agricultural
exports. ] have examined these records
carefully and up to the present time ]
do not find one intelligent sentence or
line the object of which has been to find
new markets for the products OF the
land. except as to Southern sugar and
rice, and some wool. In order to adj
vance the price of every commodity the
first step Is to increase the demand for
it as long as there is a surplus in the
market seeking a buyer the price must
remain low. and whenever there is a
shortage and the demand is greater than
the. supply 1t follows that prices must
advance. Great Britain buys about 10
per cent of all our exports. She is our
one great customer, and the single nation
that does not in her markets or through
4
uct of our soil In order to buy from us
she must be able to sell her own prod
ucts ard get the rwherewith to pay teE
her purchases. England and Germany
seek for markets over all the world; they
are nations of merchants, and their ships
go to all parts of the earth where a
harbor can be found and trade relations
established. During the past ten or fif-
teen years our consular service has beer
greatly improved, and is now furnishing
valuable information as to the conditions
under which
Our Trade Relations
might be extended, but our consular
agents are comparatively few and their
action in that regard limited.
Twenty years ago the foreign trade
of Japan was not to exceed 81 per capita
of its population; to-day this trade Is
equal TO SO or 81 per capita of its popu-
iation. twenty years ago IL amounted
TO ABOUT anu Nb-ltS II diiiOuAAo
TO about $3.50, coo, 00o Of which the United
States share is less than one-fifth. The
total foreign trade of China in 1890 was
about 10 cents per CAPITA should it in
crease in The next twenty years in the
proportion of one-saalf that the trade
of Japan has increased in the past TWEEN
~ years the foreign trade Of China would
amount to 81, 200, 0O0O 900. The Chinese race
is a commercial race. Their merchants
in point OF commercial ability and integ-
rity will rank with those OF any other
nation. The Russian Siberian line Will
soon extend Though Siberia TO Man
churia and Port Arthur. an open port
all the year round. This will give Russia
an opportunity TO distribute more of her
products in China and will place her in
G strong POSITION The treaty between
China and Japan at the close of the Jap
anese war secured to japan the right TO
trade in China anu to make use of ports
and rivers and provide facilities for
that purpose. Under the most favored
nation clause in the treaty, each nation
has the $ Ime privilege, as respects trade
relations. as is secured by japan by its