The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1903-09-17
HnfTIsh BOARD OF TRADE Is
SUES a LARGE BLUE BOOK
ON THAT suRaEcT.
DOCUMENT DRAWS 10 DEDUCTIONS
PUBLICATION SHoWs THAT Elk
PORTS HAVE DECLINED AND
IMPORTS aNcRsAskD.

London, Sept. 17:-ton the heels OF
Premier Balfour's academic expos1-
ton of his personal views of the fiscal
problem, contained in the pamphlet
on "InsuIar Free Trade" advance
sheets of which were issued Tuesday,
came the long promised and much de-
manded government statistics deal
ing with that subject. They were
issued by the board Of trade in the
shape OF a aifue book of neaTIT
pages Of bewildering tables OF tgures
showing the various aspects OF B1t-
ish and foreign trade and the lndrS-
trial conditions. No deductions weTC
drawn. though the publication tee7AF
with interesting notes upon what aIt
regarded as points Of fact The w;
erences to foreign trade were ch1C1.
confined to France, Germany and III.
United States.
One of the most important phase
dealt with in the blue book are II:
ports and exports. The tables She
that exports from the United Kingdo4.
TO the United States declined E'on
$145, 000 900 ia 1890 to $97 SOC, zoe il
1902. while the imports rose from.
$4S5 .0CO, 900 TO 1888, 100000. The totaI
exports to ALI foreign countries de
clined in the same period $90,O00,00G
though when 1.-THE colonies are inctedet
the decline only: amounts to S5,0GO,OOU
The proportion of the United KING
dom exports as between protected an
unprotected countries in the markets
OF the world has been reversed since
1850. Then it was IS: per cent tn the
proteossd eountF iesa and 4 per cent tt
the others In 1902 the proportion
was AZ per cent Ito the proteueG
countniss and rs pPer, cent to the 9th
err
.Esplains Exc ess> Of Imports.
A valuable seYplanation is given OF
the much quotad excess OF impfETs
over exports, ,,ghdhhn has 50 often ittser
held ITO he "a ssignoof British trade de
cline 1.-The hblue book says that. wthale
the excess yearly-aVerages ahnan asso.
000yA0O, the income received from t"'"
eign investments, calculated at sSAl.
100000, added to Abe earnings of tine
BriTiHh merehant eheet engaged in fElr
eign trade, calculated at $450, OOoeoo
els pE6haoiy moPe than suMcfert TIC
ports" e.
Americans rhave Emade large Invest
nenss in the Unite6; Kingdom OF Neos.n
years, tand American repurchaBes o
railroad and other securities are nd
mittet tto3hRve- to some extent atfeutse
the fiscal figures, h1t they are LED
likely ito ffunm "a serious factGg-
Much attention is devoted to tEit
tin p1ste MINISTRY anE the effect Gf nat
Dinghy aann Mckinley tariffs list
figures show that the total EXPORTS o.
tin fmun the United ;kingdom has de
clined only "A 'httle lover $5,000.00'
since 1897, with a marked increase II
the Quantity rmod u ceGeHnd in the uafui
of a number txE mills Eince 1888
The Pail rMall Gaznt-e says 1t mn
derstaads the cabinet haas concluded
the consideration of it's fiscal position
and its policy I'M regard theretos tina
NO further cabinet meetings viii b'
held for the present prtlD bly, NOT ND
til late m the :asstumn, and that In tat
meanwhile :Uofapial Secretary Cham
berlain VIII proceed with his exposl
story programme. The paper adds:
at wifi probably be found that h
has modified his proposals so as q
bring them i'm harmony with Mr.. Bal
four's views as set forth in the pamph
let. The main tenure Of Nar. Cham
berlain's notifications will NE the dis
appearance CT all suggestions in tns
direction of the further taxation
food stuffs and raw materials.
Consideration of Ghe war ecommis
,sionS report 80 reserved for future
meetings of the cabinet"
The Pail Mail Gazeste BELIEVES 1t Ii
still possible that there will he more
fthan one resignation fG,sm the csabinet