New-York tribune., 1905-08-20
TRADE AND FINANCE ABROAD.

The latest official figures relative to the CONNER
cia and industrial intercourse of Morocco with the
European nations which compete for its protecto-
are furnished in pamphlet recently published
by Camille Fidel. economist especially well in
formed on the commerce of Northern Africa who
was sent by the French government to study ana
report Moorish trade In 1903 that trade, OK
cludng precious metals represented total value
Of 1873 10000 francs of which 100000 francs repre-
imports 81 100000 francs exports In this
total England figures for 51.500O00 francs that is
for SO per cent; France and French Africa FOR
100000 francs or SO per cent; Germany for n50O-
600 francs or SIS per cent. German trade with
Morocco is, therefore only One-fourth Of that of
France and moreover it is composed of only
100000 francs of imports. against 10000 francs Of
exports. In regard 10 France. the contrary,
the sale of her products TO Morocco reaches
Do 100000 francs while her purchases there amount
1S COO francs. The tonnage of French vessels
in the movement of Moorish ports is largely above
that of German ships. There It's commercial
TO the prot6ges OF France. against only forty Ger
man firms. The German colonists in the Sultans
onT has 500 members The French interests and
100 oooo9o francs. and Germany figures for only
l5000O00 francs.
Ell TEMPO" of Buenos Ayres publishes report
that the North American Meat Trust has
TO the region of La Plata a special commission
negotiate the purchase Of all the freezing
81
view of closing them The object is avowedly to
kill competition. but If the attempt be made 1t will
undoubtedly result In failure unless the Argentine
government were 10 to prohibit the starting
OF other similar undertakings. And this is not a
thing likely happen" This latter part Of the
report of "El Tempo is supported by the fact
that new establishments for the meat export trade
being erected in every province of the Argentine
Republic. The latest plant has been laid down
by British capitalists. This has efcacious and ex
ceedingly well arranged freezing chambers. The
machinery used is of the most modern kind. The
boiler house. slaughter house and indeed e cry
part of the establishment are neat and clean.
The 'Chang-Pou," Ministry OF Commerce, in
China at the head of which has been placed Prince
Tsai-chen, son of Prince Tching continues to dis
play the activity 10 be expected from the impulse
given to it by man young intelligent and
learned 1t is now. says the Memorial Diploma
school of mines and Ia.ir6ads The professor W viii
be the best that it will Se possible procure
be obligatory for all attaches OF the ministry who
Nil NIL thus ACQUIRE the necessary knowledge for fu-
and railroads Prince Tsa-CheR. who is a Chinese
about to begin the study OF the German language.
under the direction of a professor has been
recommended by the Chinese Minister at Berlin.
The project of establishing a regular line OF
steamers between Japan and South America has
already been mentioned here. One of the motives
for starting such enterprise would be TO procure
Argentine Republic. 1t appears that the consunnp-
tion of wheat bread IS becoming more general in
the Mikado's empire and that the govern
ment intends to substitute, at least partly wheat
bread for rice for the consumption of soldiers
The Japanese, Notwithstanding the struggle with
Russia are looking for markets everywhere for
their products Such line of steamers would take
70 santos and Rio Janeiro products OF japanese
factories The Toxic government has recently
charged its representative in Brazil. Mr.. Sugun-
rnura, TO collect information with regard to the
commerce between Brazil and Japan with a view
TO developing economic relations.
The French Budget for 1906 shows 300 5Os es3
francs for receipts and 800 4OS 598 for expenses
which represents balance OF 154l35 francs This
Is rather meagre, says the 'Economiste Euro
peen, in comparison with the balance in millions
which characterized the several budgets presented
by NJ. Rouvier when he managed the finances of
France in former years. But as II is remarked
also by the 'Moniteur des Interets Materials"
the present situation and the Insignificant balance
could not be helped account of the constant in
crease In the column of expenses. This increase is
inquired al many millions annually. From 1893 to
1879 the expenses were average Of $500 OOOOOO
francs since 1898 they have reached almost regI-
larry. 100000 francs more, and il Is feared that
the French Budget will be 1850. 10000 francs
The war budget which 6Si 100000 francs for
1So. is fixed at fl6C0o,1I0 francs for 1906 new
naval programme Will cause extra expenses, and
new sources Of revenue have not been discovered