New-York tribune., 1905-02-13
THE FUTURE OF COTTON.
gmmenss Profits of Man"factui't'
That 90 to Other Countries.
rraoN rHs rRIRuNE BUREAU.l


await the DEVELOPMENT OF the cotton manufactur-
ing industry in this country set forth in state
rnent furnished TO a member OF Congress by the
Bureau Of Statistics. are so vast as TO be almost
Beyond comprehension. When American manu-
facturers are able TO convert the cotton or this
country into finished products, instead Of exporting
the raw material the profit to the United states
viii be almost incalcuiable.
The figures in question show merely the exporta-
.tou OF Gotten manufactures from Japan to China
.brourl, a term of years but as Japan draws
largely from the United States the raw cotton with
which il produces the manufactures IN quesuoh'
the suggestion which they offer is naturally an
Interesting one TO US. These figures of exports OF
cotton manufactures from Japan to China snow
that the total value of cotton yarns exported from
Japan to China In 1928 was $2s,5So' and IN lse5
sls 10 5 and Of other cotton manufactures IN 1898
1921 7Ss and in 1858 S20lS547. making the total OF
cotton yarns and finished cotton manufactures sent
from Japan TO China III 1898 S251,S6S. and IN 1905
slel2s054.
Meantime the quantity Of raw cotton exported
from the United States to Japan has grown from
zs2 pounds in 1898 6l6021s pounds in l9"' te
value Of the same being in 1898 S6S42S, and IN 100
s12r2sla The quantity and value IN 1913 were
somewhat reduced by reason Of the very hlh piiee
Of American cottons and the fact that Japan IN
wears OF high prices in America turns Tor part ol
her cotton supply TO India. where she mos
shorter stapIe and therefore lower prices ! ne
general fact however, that Japan increased heF
-r,see of orr raw cotton from $6S,0O0 In 1893 TO
e 5no On, In 1905 and in the same period increased
her sales Of manufactured cotton 10 emma rom
se5 ooo in 1898 TO S16o0o.0oo in 1885, suggests 'e
possibilities which await the cotton rnahuIac'uieiS
- tie Tinted states when they may choose TO turn
e., o+ton produced I'm this country into the hnished
state before permitting 1t to pass 10 the col'oh
consumers Of the world :,
This industry which has recently sprung up ~
Tapan Of buying American cotton turning II lillo
.17e ,oanufact1red state and selling II to othef
countries Is of course merely reproduction Of
,rooess which has been going on for many years IN
the older manufacturing countries OF Europe. ine
Tinted Kingdom for example took IN ISS St-oVVV'
o1o worth of cotton from the United States oasns
TINS etater1ent upon figures OF exports 10 that
country and in the same year exported S5ZZpVVVo
worth Of finished cotton goods and $56'0oV'o worth
of cotton yarns. Germany in the same year oousHC
cotton worth SIS 10000 from the United States as
shown by our own figures of exports TO that couh-
try. and exported Ssooo0o) worth OF cotton manu-
factures. Of which S71o9oeo finished goods and
the remainder yarns.
France took in 1853 sS5 100000 worth Of cotton
from the United States basng this statement again
upon our export figures, and exported S35.uUVo
worth Of cotton manufactures practically all fin
4shsd goods the quantity of yarns exported belns
less than $1e0eo1 in value. Japan, as already IN
dicated took in 1865 s755e0to worth Of cotton from
the United States. as indicated by our export ig-
ures. and exported s2lO00.o0O worth cotton manu-
1actures Of which only 81 10000 finished goods.
V1tieesl5.5 10000 was yarn.
The fact that yarns form q much larger part Of
Japans of cotton manufactures than is the
case with those OF European countries Is appaIehl-
Is due IN part to the fact that her manufacturing
establishments have not yet reached that stage OF
perfection the production Of finished goods whlch
older countries of Europe have attained; and in
also. the fact that the people OF her largest
customer China, utilize yarns largely in the house
hold manufactures Of cotton cloths for domestic
use. especially in years of high prices OF finished
goods This is also true of tie cotton exports of
India. which in the year ending March 81, 1904,
amounted 10 s3 600 OD0 of which s2S50o000 went in
Ihe form Of yarns largely 10 China and other ORR
PrLal countries
Figures recently compiled by the Bureau of Sta
fsflcs show that the worlds expectation OF cotton
manufactures amounts about 100000 annually,
OF which 800 100000 goes in the form OF cloths $l5;-
0l000 as Scelaneous finished goods and SlOl.UO
yarns OF the $652, 600 worth OF cotton
goods thus exported by the countries of the
world for which statistics available, the United
States. although producing three-fourrhs of the
worlds cotton exported in 1884 only so 10000
worth Of cotton manufactures, OF which Sl4,7Q0000
was cloths g. 10000 miscellaneous finished goods,
and sl72305 cotton yarn. In the year.
1s1s. her importatons OF cotton goods were siS.
59geJ3 in value more than twice as great as the
exports Of cotton goods in the same period
The following table shows the value of cotton
manufactures. including yarns imported into the
rrinoipsl countries Of Importation at the latest
available date: