The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-09-17
how TARIFFS HURT ENGLAND.
DECLINE IN COMMERCE. WITH
PROTECTION COUNTRIES.
In so Years There has necn a Failing
tpn Of IA Per Cent In Exports 10 Pro-
trcted Manufactures DE.
cl,nlng More Than Other Products.
Special Gable Despatch to THE Sun.

Special Gable Despatch TO IHE sun
LONDON, Sept. 10 The Board of Trade
has issued a Blue Book OF 800 pages con-
sis,ing of memoranda and statistics bear
ing on the Government pending inquiry
into it's fiscal policy. Statistical tables OF
exports show that in 1850 SO per cent. OF
the exports OF the United Kingdom went TO
pro,ec, ed markets and A per cent. 10 other
markets, whereas in 1902 the proportions
were A. per cent. and IS per cent. respec-
lively
Another table, devoted to manufactured
goods solely, shows that in 1850 81 per
cent were sent to protected markets ana
q per cent. to other points. Compare
tive figures for 1902 show that only 50 per
cent were sent to protected markets IN
that year and 81 per cent. to other points.
From these figures the report deduces
that it is impossible to doubt the eject
of the Continental and American tarlffs
in checking the exports Of the United King
dom, especially in the last two decades.
Another series Of figures shows that
the proport ion OF manufactured goods TO
the total exports has fallen from VI per
cent. in 1880 to 20 per cent. in 1900 and 70
s2per cent in 1902
Other figures are given To show that
manufactured exports to protected mar
ke;s are declining much more rapidly tlah
other products
1t is est mated that the average import
duties levied by Russia amount to l3l per
cent. by the United States 10, by France
"a, by Italy p, by Germany %, by Canada
ia and by Australia and South Africa
per cent. II is pointed out that these tlg-
ures do not give the protective ehe't Oh
the respective tariffs. because % per cent e,
It is asserted. protects Germany as COM
pletely as 100 per cent. would more back
ward country.
Regarding the excess of imports over
exports, q memorandum estimates Eeo,-
Oc0 600 as he sum to be added TO the export
table on account Of the ocean carrying
trade and the sum of G62 100000 as the
minimum annual income from foreign In
vest menis. These two items. it is said,
sufficiently account for the average excess
of imports, namely, flG0,oooo0o
A memorandum concerning wages gives
the mean weekly rates of fifteen skilled
trades az AZ shillings in London and 10 IN
New York, against - in Berlin and 80 IN
Paris The cost of living in Germany has
decreased at less rate than in the United
Kingdom. The German workman IN the
last five years has been able 10 purchase
with 100 marks what it would have cost him
ll2 marks twenty years ago, while the Eng
ish figures for the corresponding periods
are 100 marks and l40 marks, respectively.
A memorandum upon the policy Of the
corporations denominated as trusts selling
their products abroad cheaper than at home
says that Germany habitnally practises
the dumping of her goods on foreign mar
kets There is a general impression that
the United States does the same. says the
memorandum, but exact information natu-
rally is difficult to obtain as comparison of
the recent trend of prices in the United
States and in the United Kingdom makes
it doubtful whether the trusts could have
carried on at least part OF the export trade
without granting to foreigners lower prices
than obtained in the United States.