New-York tribune., 1909-12-23
LANCASHIRE TRADE
The Amer1cdn Tarif-Trans-
atlantic Supplies.
Manchester. neoer,her la


siderable N proportion either 20 the .x-
port 81 corton goods 20 india or ~ the
imports OF raw cotton from America: Vet
the eracient consul here. Masor church
Howe, who has done excellent work for
the service IN Sheffield. Antwerp and
Canada. tells ne that n exceeds 500
cseo0o annually. Prom the revenue
point 81 view n is not 20 be overlooked
IN America. where = deficit caused by
the Panama Canal snd the new navy Is
~ be steadily reduced end gradually
overcome. Manchester is now helpins 20
cut down this defcit. for its exports -
Americs are increasing month by month.
The Improvement began when the
Pavne-Aldrich tsri1 was enacted Amer
fosn buyers had held hack their orders
while ire cotton schedule was one of the
controversial matters When unoer-
tsinry vas removed IN the final stages
- compromise. during which Presiden.
Tsft's influence was strongly felt. Amer
iCsn importers knew where they stood
snd were prepared - increase their Or
6ers
The times. moreover. had rnended. snd
there vas 9 larger measure ~ public
confidence IN the prosperity ~ the coun-
try In September there was en- in
crease q S1sa 020 over the same month
- 1905 n the exports from Manchester
- New York and other American ports.
IN october the gain had run up 20 SAIL
40. and IN November there was a fur
thsr increase OF $500 900. The export %
Manchester goods 70 America has now
regsined the high level of 1907. which
vas q flush vesr. The purchasing power
- the American market has been en-
lGrEed with a return Of prosperity and
The settlement % tariff conditions for
another decade. The revenue resources
- the tariff are also expanding.
when the tariff bill was under con-
sidsration in Congress the cotton manu-
fscturers asserted that they were salts
fed with the rates on the lower grades
- goods, but that the rates on the high
- grades had beer reduced by under
situations court and Treasury decisions
snd administrative practice 50 as 20 he
unjust and unscientihc. In order 20 pre-
vent the unequal operation Of the sched-
ule specific duties were substituted for
"a valoren duties. and after consulta-
Committees the duties on the lower
grades 81 cotton goods were left as they
were end those on the higher grades
we're raised. The idea of the tariff max
ers vss 70 allow the home msnufac-
-urers ~ both grades reasonable
PROFIT after the cost ~ production in
Germany. France and England had been
closely calculated and compared With
the American hgures. Objections were
raised 20 THE increases On the higher
classes - cottons and there were strong
s~runlenss IN favor - reductions on the
cheaper goods. on which nsnufa cturers
esrnirted that they we've making a de-
cent profit There was NJ downward re-
du~-ion. and on higher priced goods
there vas increased projection for the
horne manufactures, with the prospect
- larger revenues for the government.
The Manchester exports - America al
-esav disclose the operation ~ the re
vised tartr There has been ? consider
able Increase over last year IN the eE-
ports ~ cotton piece goods and cotton
vefvets snd fustians especially ~ rhe
more expensive grades. and this IS an
assurance - enlarged receipts from
6r1rfes in This schedule with exports ~
rorton goods on q level With those -
1ao7-a GOOD vear-thers viii naturally
he sn increased revenue next vesr
Moreover. There is practical evidence
~ rhe IMPROVEMENT n processes ~ man
ufz~rurine m America Within three
months there has been an increase over
LAST -asr ~ Al bout S4Ts 4Go IN ths eN-
r~~- of machinery fron Manchester 70
America as the machinery - mainly
for the cotton mills it Is evident that
American manufacturers have been en-
rourared ~ th- higher duties on the
@nev grades 20 improve their plant and
p, compete actively IN the production of
-he best qualities Of cotton goods. Dur
,rr rhe same period there has been an
increase n sbout S2249l0 in the export
~ cotton v-rn and thread. and ss the
bulk n this is used IN The manufacture
~ stperior cottons. there are fresh in-
dfr-rt-ns of progress IN American manu-
.7~-ure II broad generalization can -
raeed upon the consular returns and the
srater0euts ~ exporters. ~ rs safe 20 as
sumo that rhe American industry while
sound 81 rhe bottom is broadening a. the
-op ana mat workers sre becoming more
svrert and effcient
The ,-rpreced erted rise IN the value -
80 t-,rorts q rsv- cotton from America,
rp7-rt India and other sources n supply
r-s no, Vet affected the prices ~ eE-
rsrtes goods appearing ~ the returns ~
,he Fcsrd q Trade and the consulates
The increase IN value ~ imported cotton
5r-frr November wss 81 per cent,
whereas rne increase m weight vas =
Ter cent. or half ss great cotton has
become 50 expensive IN consequence II
srerulation and shortness of supply thaf
r11rufacrurers. win the consent ~ TIE
fra6e unions have reduced their output
and sr. nov employing their workmen
orI- f.rr dsvs out OF siN There are
r..f- losses on contracts made before
ths srsrp wise IN cotton. and the enter
rrlsing manufacturers ~ Lancashire
,,eo have enlarged their works and inn
rrov4d their machinery during the last
ten rears ere now regretting their in
rFstmFuts
The exports ~ cotton goods from Man
chester do not ,et disclose the high cost