Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-03-08
OUR TRADE WITH THE NEW REPUBLIC.

OUR TRADE WITH THE NEW REPUBLIC.
Exports from the United States 70
Panama now average more than one
million dollars a, month, and our total
| trade with that republic seems likely
to aggre agate 16 million dollars In the
| fiscal year which ends with the month
Of June. Bananas, india rubber, hides
and skins, vegetable ivory, and ma
| hogany are the principal articles Inn
ported from Panama, and their value
| In the year will aggregate about 2 mill
lion dollars. Meats, Hard. -four. bread
and biscuit, fish, butter, cheese, cotton
cloths and clothing, vegetable and
mineral oils, tobacco wines, spirits.
liquors, timber, lumber and manu-
features OF iron and steel of various
sorts are the principal articles exported
to Panama, and the exports to that re-
public now constantly exceed one mill
lion dollars per month. and in the full
year will probably exceed IA million
dollars.
Both the imports from Panama and
the exports to that republic show a
marked increase in 1907 compared with
1906. The articles forming the more
than one million dollars worth of
merchandise exported to Panama each
month are not, as might be supposed,
exclusively, or in q large proportion,
for direct use in canal construction, as
is evidenced by the fact that cotton
cloth, -four, bread and biscuit, eggs
fish, fruits, furniture, nanufac lures OF
india rubber, boots and shoes; canned,
sailed, and fresh beef; bacon. hams,
pork, and lard: olemargarin butter.
cheese and milk; cotton-seed OIL; min
eral oil for lighting; wines, distilled
spirits, and malt liquors; refined sugar
vegetables, soap, and tobacco are IN
Guided in the statement of articles ex-
ported to Panama, and show a marked
increase in 1907 over 1906. Manu-
features of iron and steel are however,
a considerable item in the exports to
Panama and presumably a large part
of those are for use in canal work.
For the seven months ending with
January, 1907, iron and steel manu-
features sent to Panama aggregated
little over 3 million dollars against a
little less than millions in the same
months of the preceding year. !
The fact, however, that meat and
dairy products aggregated three-quar-
tiers of a million dollars; boots and
shoes, nearly 100000; lard, over a
quarter of a million; and ,breadstuffs,
over a quarter of a million, shows that
the exports to Panama are not by any
means exclusively for the canal or for
the use of the government in building
1T, but that. a large proportion is for
individual and personal consumption
by persons residing in Panama. How
much of this large purchase Of pro-
.QuClS Ol Liz ClfllCu 0SeNSSo - ~
or for that element of the population
engaged in canal construction or canal
work of any kind can not, OF course,
be accurately estimated; but at, least
the figures of the bureau of statistics
show clearly that only comparatively
small proportion of the merchandise
now being sent to Panama is for direct
use in canal construction.
The growth of our. trade with Pana-
ma is shown by the fact that the i'm
ports from that republic in the call
endar year 1904, the first year of its
existence, were ssl2,s47; in 1905, $s7s,-
145; and in 1906, s1,44s,es6; and the
exports to Panama were, in 1904, 81
ssssso1; in 1905, s7s3l5e4; and in 1905,
s14,239,471.