The Montgomery advertiser., 1904-09-25

of goods to that island, while in lssS during the same months our ',1Io | were only little more than one ,,aa Indeed our trade with the west i,iuieS | Is steadily advancing along many iihes' l This is especially so in the britisn lands. which are largely depenuent | on us for their market as well as iol | their supplies of food stuns ana 'oi'e manufactured goods"
 Losing Trade in Australia. What is Uncle Sam doing In Aus tralia and New Zealand?'
 Our trade has been falling OH III that part of the world during the past few months" said Secretary Looms Tn the eight months ending with last February our exports dropped apouI three million dollars as compared with the same period of 1903. The decrease was caused by a new tariff on the part of New Zealand in favor of the united kingdom, and the uncertainty among our exporters as to how It would at- feet our trade. It is believed, now ever. that our manufacturers can adapt themselves to the new conditions, ana that We will soon regain all we nave lost. American goods are highly es- teemed in Australasia. Indeed we an- nually sell about twenty-five million dollars worth of goods there. our steamship facilities with that part of the world are better than they have ever been"
 The War as Affecting Our Trade.
 How about the war in the far east Mir Loomis?" I asked. 'Is 1t not in- furious to American trader"
 ITO some extent, yes" replied the as- sistant secretary of state. Our ex- ports to Asia have fallen off about two million dollars during the eight months ending with last February as compared with the same period in 1903.
 "A part of this reduction is due to hostilities in northern China, a part to the invasion of the Chinese markets by cotton cloths from Japan and a party by the goods made in the Chinese cot ton factories and In Chinese house in dustry out of yarns imported from Ja- pan and India. Another important cause is the increase In the price of cot ton cloths due to the high prices of cot ton during the last year"
 America in Japan.
 How about our trade with Japan?"
 That is increasing more rapidly just now than any other branch of our for eign commerce." siad Secretary Loom- is. Indeed we are now Japans largest customer. We buy more from her than does any other nation and our sales to
  In 1903 we had 14.6 per cent of Japan's imports while Great Britain had but 15.4 per cent. This showed a falling off on the part of Great Britain of more than 14 per cent over her Japanese ex ports of 1S97."
 What does Japan buy of us, MT Loomis?" I asked
 "All sorts Of things" was the reply. We sell her raw cotton. kerosene, breadstuffs and provisions. She im- ports our machinery, locomotives, elec- tricaf apparatus and scientific instru- ments. She takes leather goods, tobac- co, paper. hardware. clocks and watches. and a variety of other manu- factures Our goods are very popular in Japan and seem to grow more so from year to year"
 Korea and Manchuria.
 T suppose we have no trade now in Korea and Manchuria?"
 Not great deal" replied Mir. Loom- Is. The war has practically caused a suspension of trade in the vast regions traversed by the opposing armies. It his disordered trade in northern China and In Asiatic Russia, so that 1t Is hard to tell what goods are selling or to forecast the trade conditions. In 1904 1t was estimated that we sold almost $500 900 worth of goods to Korea. We shall probably sell less this year and there may be a cessation of trade until the war is over. After that I expect our goods to regain all they have lost for they are very acceptable to the people not only in Korea but also in Manchuria."
 Frank c. Carpenter.