The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-01-25
Hoods Jdrsapdriut


hazard fashion by American tradesmen.
Sometimes manufactures has an over
stock. and thinks 10 experiment with IL on
English markets. English merchants have
become expert in recognizing these try
on" letters. as they are called. The "try-
basket. On the other hand. the letter which
suggests an opening for permanent trade is
quickly Acknowledged. and becomes the
basis for an exhaustive study OF the Dos
sibilities OF establishing connection.
The past year has been a most significant
advance in the development OF cotton
culture in the colonies OF England and
Germany. This movement OF the introduc-
ton OF cotton growing into the expansive
tropical colonies of the world. shoujc il
continue. and there is no reason 10 be-
lieve that it will not-is destined to exer-
else a profound effect Upon the cotton
growing industry of the United States.
Colonial cotton culture is at present being
promoted by all European countries with
such activity, and on the basis OF such
thorough and scientific methods that much
may be expected therefrom- In England
the central moving power in this direction
is the British Cotton Growing Associa-
ton; in Germany activity centers mainly
about the Kolonial wirtschaftliche Comite
Of Berlin; and in France the lately organ
lied Colonial Cotton Association has taken
the project in charge.
The aim in this movement Is 10 secure
the independence of Europe from the Amer
lean cotton spectators. The European
cotton spinning and weaving Industries
have been repeatedly more or less injured
through their absolute dependence on
ment is strongly in favor or an independent
colonial cotton supply, and the day on
which IL Is accomplished. IL ever II can be
accomplished, will undoubtedly be hailed
pretty much as a liberation from bondage.
The recent history of cotton prices well
demonstrates the instability OF quotations,
the extreme sensiblity OF the market. and
the disastrous fluctuations from week TO
week, at times, even from day 70 day. wild
zigzag figures represent the movements OF
d 5he aTe Just tow us, ns sS
ate panic and n mob. so purely
accidental occurrences on the cot
ton market will send prices jumping Up
and down. Rumor may have IL that New
York is approaching financial difficulties.
and straightway cotton goes down. Some
one may circulate suspicion that the
revision prove 10000 or 10000 bales short.
and straightway the market strengthens.
The rise and fall OF the Mississippi makes
the European cotton market a victim OF
the caprice OF nature and a plaything OF
the waves. From England. Germany.
everywhere. come reports of wild. vexatious
sitiveness and uncomfortable turbulence In
fraught with disastrous results for the
European cotton manufacturer requires no
demonstration.
Moreover certain forces have been operat-
ing during the course OF recent years To
increase the dependenc OF Europe on the
cotton crop Of this country. This has more
oceanic cotton manufacturer the value and
necessity of an independent cotton supply.
which to-day is finding it's expression in a
~ mo In %
the development OF colonial cotton culture.
The cotton supply of Europe has been de-
ereasing. The United States and India
nave been consuming increasing quantities
OF their own crops. while the discovery OF
the process OF mercerization has taxed the
supply Of Egyptian cotton for this Industry
and has withdrawn IL TO this extent from
the ordinary cotton manufacturing indus
try. The gap had 10 be filled as far as
possible from the United States: and IL
open a new source OF supply she must be-
come even more dependent upon the Amer
lean cotton crop.
Five-sixths OF the china manufactured in
Limoges, France. last year was sent to this
country. There is hardly another city I'm
Europe where American capital is invested
TO such an extent as in Limoges All
shapes. designs and decorations are got up
for the market of the United States: every
fiuctuation or change in this country is
carefully noted and felt in that city. There
is a gradual change taking place in the
styles OF decorations. Decalcomania, which,
superseded hand painting a cheap meth !
Cd OF decorating some years ago. Is yield-V
ing by degrees TO higher and more artistic
styles; soft underglaze colors are so applied
as 10 produce fine effects and IL is probable
that very soon the leading styles OF the
best class of goods will be decorated In this
manner. The demand IN the United States
for hard china, free from lead glszes, In
ever increasing. Careful hygienic szamina-
tons by experts are made every year on
the factory conditions. employees, methods,
etc. Every year shows that Limoges In
more and more dependent on American
trade, and II American porcelain factories
were able TO supply the home consumption
IL is certain that the kilns of Limoges
would soon go unflred.
On Nov IS. 1903 the Austrian Parliament
passed ship subyention law, granting an
rual bounties and tonnage and distance
premiums for each voyage made t< all
steamers and sailing vessels engaged in
the deep-sea or long eoasting trade. pro-
vided Austrian subjects owned at least a
two-thirds interest in the same. that vessels
are not over fifteen years old and that they
are registered under Class Al and AZ oy
the "Austro- Hungarian Veritas," or a SIM
liar insurance association.