The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-04-06
FOREIGN MARKETS NEEDED,


The change the commercial attitude of the United States
wards the of the world is remarkable The preemnence Of
the United States universal provder OF food stus and Of
materials has been long acknowledged but only within
few that have become serious competitor in factory
products in the worlds markets. and have alarmed and stmua
ed the older manufacturing countries.
The United States has been gradually drawn without volon
OF its and by the play economic forces which has
less unconscousy generated and set in notion into state
OF greater less dependence foreign markets for the main
of its industrial prosperity This dependence hardly
perceptble the manufacturer working full time and perhaps
orders, but the real
for him. since it NAV become imminent at anv moment from
sudden change conditions Moreover trade relations with
the world large are constantly becoming intimate and
more reciprocal only from the growing sales of goods
but also from investments of American capital in foreign
tries We exporting only the products of factories
and workshops, but money, skilled labor, brains
Within the past few years. according to Frederick Emory in
his review number of large industrial have estab
ished plants Europe Canada and elsewhere for the
acure of goods for which there active demand The drift
became SO noticeable last year that the cosu were instructed
to include their annual reports any data upon this subject that
they might be able obtain Their attention also called
the tact that Americans were engaging largely III various business
enterprises such street railways furnishing supplies under
government contracts, mining, etc. and they told that full
information such undertakings would be appreciated.
In response this instruction. number Of reports have been
received which will be found full Commercial Relations
Consuenea Barlow states that over 900 United States COM
pane firms, and individuals have made Mexico
agegatg SoooooOoo gold onehaf OF within the past five
years In Canada, says ConsuGenea Bnger, of Montreal
millions of dollars of United States capital have been invested
during the past agricultural and timber lands and in min
ing and manufacturing industries The Westinghouse Company
In Russia according to Consul Smith OF Moscow the manuiac
OF air brakes has been begun by New York firm. The
Singer Company has branch works for the manufacture of
ing machines in Germany and Russia An American firm manu-
featuring shoe machinery employs hands FrankfOon
tean OF whom or expert operatives from the United
States Another American house manufacturing tanners ma
chner has orehouses and repair shops Frankfort at Wen
Austria, and at Leicester, England
These instances cited showing that only
terng largely into the ordinary business life of foreign peoples
trade and in agricultural mechanical pursuits but in countries
developing ndustray becoming important of their
as
broaden the scope of such enterprises shall inevitably bring
about closer and closer of inerdependence.
That rrevocaby embarked upon the compe
ton is mconroVerte That we cannot return to our domestic
secuson certain What the future of may be
depends upon ourselves 1t deDend upon the efficiency and
greater productive capacity of women and the superiority
of our wares but it must still more depend upon the ability
develop in winning trade from and kiu rivals In
tact we must nave the best machinery not merely for manuac-
turing goods, but for selling them when made
The County bill in amended form has passed House. and
goes conference. 1t in the conference committee
the great battle will be fought out
Lahana and Waulu battle royal over the county
seat Far be from any weched outsider make any sug
geston he would be promptly upon by both parties would
be like interfering between and wife and getting ones head
broken for ones pains good proverb which says that
IS unwse to get ones nose between the tree and the bark
The fact that the government nursery full of bugs detr-
mental to the plants of the Islands shows once more how nec
sary is have scientific in charge of such institution at
all have the supervision of them The government nursery
spreading bugs broadcast through the Islands Properly quail
flied in agricultural department might have saved the
country hundreds OF thousands of dollars To manage the agr
cultural department requires far than the quality of hus
tie 1t requires accurate knowledge
The Wall Street Journal has abuaed the capitalization of
trusts called and of the railroads of this $I3
75o35G7 for the trusts and $II 6S8 for the railroads.
making total of $2543888I 6O8 and adds: How great this
sums be by the fact that the entire wealth of the Unit
ed States is estimated at $043OOOOOOOo The of stocks
and bonds admitted the listed and unlisted departments of the
New York Stock Exchange January 1903 $l85 7493
423'