New-York tribune., 1905-12-25
PROFITS OF PEACE.
Presidents Efforts Bear Fruit IN
Increase of Oriental Trade.
IFron The Tribune Bureau. ]


every student Of international affairs appreciated
full well that his good offices could not but result
in material benefit to this country well as TO the
nations involved in the hostilites he sought 10 end
but the remarkable development which has re-
Gently marked the Oriental trade of the United
States is the occasion of annazement as well as
qualification to all who have observed its growth
The trade Of the United States with China for
the ten months ended with October shows the re-
markabls increase of sS0OO0.O00, growth of 2So
per cent in a year. In round numbers the trade Tor
this period 1904 amounted to S0O0OOJ In 1Suo 10
0O000O while in 1903 the total for the hrst ten
months was only S1S000,o0O
Exports to Japan have doubled the figures for
1904 and trebled those of 1s03 The figures are for
the first ten months of 1903 sl6O0o,O0O; for 1904
s22 100000 and for 1906 SAC 100000 No other coun-
tries in the world show such remarkable gains do
these. To Cuba there is an increase OF approx
matey 40 per cent and to Argentina about 80 per
cent, but China and Japan are the only countries
in the long list of those to which exports are
sent which show a gain OF 100 per cent or more
Should the rate of growth continue until the close
of the year, the total exports from the Ohl'eo
States to Japan in the calendar year will be prac-
tcally ten times as much as a decade ago. IN 1870
and those to China fourteen times as much as IN
1895. This upward movement in the figures OF eA-
ports to China and Japan began to be apparent III
1904, the exports to China from the United states
in that year being practically $SOOOOO0 against Slo
100000 in the Immediately preceding year. and those
to Japan $Sl 10000 against little less than S,OO-
900 in the Immediately preceding year. but the
growth in each in 1905 has been even more
striking than that of 1904.
The increase in exports from the United States
to each of these countries occurs in large pro-
portion of the articles of export to that part OF
the world. To China the growth is especially
marked in copper, cotton cloths, -four, sewing ma
Chimes locomotives, paper, canned beef, manu-
features of tobacco and lumber, though cotton
cloths and copper by far the most important or
these items To Japan the growth occurs in flour,
carriages and other vehicles, raw cotton electrcaI
machinery, sewing machines, locomotives, leather,
paper, canned beef, tobacco and lumber. In all
exports to both China and japan the value OF min
eral oil is less than that of last year, though 10
China the quantity is greater than that OF the pre-
ceding year.
The most important increase, as already ind1-
Gated in the exports to China Is in cotton cloths
and copper. The number of yards of cloth in the
ten months ended with October is 4Ol0W'zSl'
against In116,493 in the same months of last year
and III 479 in the corresponding months OF ISV5
the value In the ten months of 1905 being ST.
against &c. 707 in the months of 1904 and w.
SOP 1853 in the months OF 1903. Copper exports
to China are a comparatively new feature of our
trade with that country, the amount IN the ten
months ended with October, 1905. having been JILL
326 4O7 against $611 SIT in the same months OF
last year. while for the corresponding period OF
1903 no record made, the quantity being So
small as to require detailed statement IN the
export record by months. This copper is used III
000,0 900 pieces of nominal value OF ABOUT oHe-aII
cent each coined in 1904.
Flour sent to China in the ten months ended
with October amounted to sS530O2, against SlIO6t4
however, show by any means the quantity OF hour
sent to China as large Ia De DaTs Rrog f1 s Hong
Kong and is therefore shown in the export n sts5 e
Value of -four exported to Hong Kong in the ten ter
months ended with October lsO5 was So1O1C' rCsa
Flour is about the only important article OF our
exports to China which shows any mafeTlai reqaG 96
compared with the period of last year, ana as as
mesf be ana IF this off Is Of @ i @
figures OF trade with China, though it does doneT T
lean -four reaching China in 1905,
gain in the shipments to China during the year
though the total value is not large Se1ng n deF IRf
$50 $50 in the same months of last year the nun
Der sent IN the ten months OF lS 0eng @ last YEAR
Mineral oil. already indicated shows a sHgnII gI
e 9 m s6 @ ten ra1Ft 0nths 3 Nun IN the MONTHS Of
sst Year decrease of nearly 100000 value
while the quantity exported shows an increase o1
with October 1905. TAG gallons. against 81 4S6
gallons in the same months Of last as E year to
China the total for the ten months Of 1 tns M fh
sear see Gsimg onths Of last veaT and the yaue
in 1905, against S5014O in the same months Of OF lyU3
crease pur exports to China in the ten months tbs of OF
R S {be sae oh3hs 14 of s an and
months Of 1905 Lumber also shows a considerable
asaSs n @ s3' IN fRe S zen onh |
year There are numerous other articles IN when
articles named in the monthly export statement
tbToneb ~ its Bureau of Statistics as exports to
China only eight show " decrease whlie all others
lE To Japan the increase occurs in somewhat dif
gains in exports to China appear. The most i'm
portant single item Of increase OF exports TO- to Japan
i3S 6ls pounds. against only q 499 526 pounds in
the the same enh Of Of 1857 the vage Of Cotton
exports to Japan in the ten months ended with Oc-
months Of 1904 and 3214.427 in the months of
Cotton exports from the United states to Japan
fuctuate greatly and are determined largely by the
the a' JAPANESE al spnneFs because has long staple
and is g f9r nd the bn %be 0ha has 3h
shorter staple is Considerably less in price, and in
sfs, ths G pg little cotton in this
y draws largely upon o brees Td and IN t6e Gan4 United cd
states Japan's purchases in the United States are
nrIses d" In iso4 for example when prices cotton
In the United States were high. Japan's purchases
from nn'f india and china large II is only in more re-
that japan has drawn ia upon eF
neighbor China fGr Sina ~ has I NOT been until
but in 1901 Japan imported more cotton from China
Ghna has been for many years a considerable
producer of raw cotton, but 1t has been consumed
pSSrd and the yarn so spun has been for the most
part woven by hand into rough cotton cloth for
ever some parts OF the domestic t9 e9tton crop Of
that COUNTRY with European or Japanese capital,
hut considerable quantities Of yarn are still made
bv hand from domestic cotton, and large quanti-
tiss Of cloth are made by hand in part from this
handmade yarn and in part from yarn made either
Japan The value of cotton yarn imported ed INTO
cloth and this importation OF cotton yarn is di-
Tided between India and Japan, these two coun-
tries having practically driven the European yarns
out of the markets of China in recent years.