The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1905-08-18
Ga CAUSE D Of BIG EXPORT
TRADE ISvERY PLAIN
Copper and Cotton Goods.
Source OF the Growth, Pur-
chsseabss Nowhere Else.
STEEL SOLD TOO E a
Thsse Three items Constitute the Bulb
Of the Increase and the Increased
Trade Was Due TO Natural
Causes.

W~aSN1nSlOn, ll.-Ine
character OF the of the
Omitted States with other nations is once
more Illustrated by the statistics on this
TRADE, Just issued by the department OF
m and labor.
For h fiscal year ended June 80, 1905,
there was an Increase OF about $751;
D0G.0 0 In exports of manufactures, and
. decrease of about s22, $4,000 in exports
Of agricultural products. In other
words, manufactured articles consti-
tuted 31.4 per cent. of the exports i n
s 1904, and 1854 per cent. of the total ex-
ports In 1905.
One-third of the total increase In ex-
ports OF manufactures was represented
by copper n its products, which In
creased almost $50, 000, 900. This is cas-
lily accounted for by the simple expla-
nation that the United States is, ac-
cording to the statistics of the geologic
a survey, the only country which has
ny considerable surplus of copper
which itscan sell. Most of the copper
using countries have to import the
greeter part of their supply of the
metal. n the United States has to fur
nlsh 1t. The immense development OF
I electrical industry that this
market will continue to grow for many
years to come.
Only one other considerable item in
the list OF manufactures shows an in
Crease approximating to copper, which
was so per cent. Cotton manufac-
lures grew from $4,000, 900 to $49, 200, 900,
or about 60 per cent.
Oriental Trade Grows.
The Significance of oriental trade is
emphasized by a study OF these figures
on exports, for 1t is shown that but for
increase of U exports to the orient
b total OF foreign sales would have
Just about stood still. Thus in cop
per. China alone shows al increase Of
80, 000, 900. which was taken for coinage
tnSthe main. China and Japan took im-
e quantities of the cotton manu-
ssactures. their additional purchases ac-
counting for most of the Increase In
this business. Japan took eight times
az much leather al in the preceding
year. n also bought 151 locomotives,
as against "a the preceding year. These,
xith other items In which the Increase
sls attributable to oriental trade. will
nbout cover the entire Increase in for
eign sales of manufactures.
Sales of agricultural products-food-
s6tuffs Of all kinds-abroad, are natur-
ally tending to reduction because OF the
increasing honne demand, which ex-
pands atsamore rapid rate than the
shomesproduction, leaving a less proper
ton for foreign sale, and because also
OF the effects OF tariffs in many coun-
tries, led by Germany, which are IN
to sales of American food
Iron and steel manufactures in
creased their exports from $l12, 000,0 900
to $134,727 900.
These figures indicate on analysis that
an Immense trade with the orient was
the only thing which prevented a stand
still, II not a falling of. in exports.
3Rutsthe orient is Just now assuming an
attitude of trade hostility. Germany,
our second best foreign customer, Is
likewise preparing a boycott against us.
How long q these conditions continue
without starting the progression In the
wrong direction?
True Cause OF the Growth.
One-third of the years total increase
wak In copper. which could not be
bought anywhere else. Over ~one-fourth
of the total increase in exports was in
tronssand steel manufactures, most of
which were sold abroad at less prices
than are exacted In the United States.
The immense increase in sales of.cotton
a third of the total increase for the:
atoms as the American sales OF copper
is the chief source of the worlds sup
ply of raw material.
These facts and many Others which
Illuminate the report will doubtless re-
sceive much attention at the hands of
writer's and speakers on the tariff and
other economic subjects in the next
Veay. NkNt HSTaH TzFe s#t yS