Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1905-12-28

lowed by a strike but Will result IN an
amicable agreement which will go in
force April 1, 1906, for two years.
THE OPEN DOOR.
Assurances are coming from both
China and Japan that the treaty sign
ed at Pekin few days ago has to do
simply with the Manchurian trade and,
that it does not indicate an alliance
of these two Oriental nations. 1t
means, instead, they assert, that there
is to be in the future an "open door"
in Manchuria, an avenue where the
/ trade of the world may enter that vas.
territory, hitherto closed to that trade.
This is what Japan promised to the
world should she defeat Russia in the
recent war, and now it seems tina. she
Il is making good
! The United States government has
been Jealous in it's efforts to obtain the
open door in Manchuria. The cha.:ge
means much to the commercial inter-
set of this country. A report Of the
bureau of statistics of the department
OF commerce and labor shows that no
features of the export trade of the
United States in 1905 has shown a
1 larger growth than that of the trade
:! with China or japan. In the ten
months ending with October,
exports to China were more
! then $50,000,OO0 in value. against
$40 100000 in the same months of 1904
and S1G,O00,000 in the corresponding
months of 1903 Thus, in the case of
Japan exports have more than doubled
as compared with 1904 and practically
trebled IS compared with 1908, while
in the case of China exports are two
! and onc-half times as much as in 1904
and have practically quadrupled since
J 1903. No other countries of the world
to which our exports are sent show
gains approximating those of China
and JAPAN To Cuba there is an IN
crease of approximately 30 per cent
and to Argentina about 33 per cent,
but China and Japan are the only
countries in the long list of those to
which our exports are sent which
Should the rate of growth continue
until the close of the year, the
5 total exports from the United
States to japan in the calendar year
will be practically ten time sas much
as decade ago, in 1895, and those to
China fourteen times as much as in
1895. This upward movement in the
figures of exports to China began to
be apparent in 1904 the exports to
China from the United States in that
year being practically $2S,000,000
against S15,000OOO in the immedi-
s.tely preceding year, and those to
japan S31 100000, against little less
then s21 100000 in the Immediately
preceding year, but the growth in each
case in 1905 has been even more strik-
ing than that of 1904.
The increase in exports from the
United States to each of these coun-
tries occurs in a large proportion OF
the articles of exports to that part of
the world. To China the growth is
especially marked in copper, cotton
cloths, flour. sewing machines, locomo-
tives, paper, canned beef, mannfact-
Ures of tobacco. and lumber, though
most important of these items. To
Japan the growth occurs in flour, car
riagcs and other vehicles, raw cotton,
electrical machinery, sewing machines,
locomotives, leather, paper, canned
beef, tobacco and lumber. In all ex-
ports to both China and Japan the
value OF mineral Gil is less than that
Of last year, though to China the
quantity is greater than of the pre-
ceding year.
The most impartant increase, as al
ready indicated. in the exports to
China is in cotton cloths and copper
The number of yards of cloth in the
ten months ending with October is
461. sol POI. against III ,116,493 in the
same months of last year and 177,097,.
479 in the corresponding months OF
1909. the value in the ten months of
I 1905 being S27,405,475. against s9,657.
707 in the same months of 1904 and
s8,502,336 in tho same months of 1908
Copper exports to China are a com
EaratiVeiy new feature of our trade
with that country, the amount in the
ten months ending with October, 1905
having been ST., 326,407, against $611,
GIT in the same months of last year
while for the corresponding period OF
1909 no record was made, the quantity
being SO small as to require no de
tailed statement in the export record
by months. This copper is used in
manufacturing the new copper coins
Of which 1,e93,o0o.00o pieces of a
nominal value Of about one-half cent
each we're coined in 1904.
4
i THE ART OF SPENDING.
A new creed, one that bids fair to do