Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-04-27
RICHMOND TRADE WITH
PHILIPPINE ISLANDS
Times Greater Than When Under
Rule OF Spain.
DIG TRADE WITH UNITED STATES
Thirty-Five Times us Much Business
Done With This Country as Before
Annexation - Value of Goods
Coming From Islands.

II is not generally known. but II is
fact, nevertheless, that Richmond and
some other Southern towns are doing
considerable business with the Philip
pune Islands. Moreover this business
yet in its infancy, is growing and the
time may not be far distant when vas.
Quantities of Virginia products will be
| nndinS their way to this new terri
tory
The commerce OF the Philippines is
practically Seven times as much rs in
me period Immediately preceding the
annexation of the islands to the United
states twenty years ago, and their
trade with tho United states is thirty
hNc times as much as in the year pre-
cccdinG annexation.
MIG Figures That Tell Interesting Story.
compilation by the National City
Bank, OF New York. relating to the
commerce OF those islands shows that
aged s3o.ooo,o0l per Year in the decade
preceding their annexation and was in
l?lS $23i,0oo.0oo or approximately
seven times as much as prior to their
annexation. Philippine exports. which
averaged about $50 per capita prior
|" annexation arc now $500 per
the islands shows am average in the
years imm ediatcly preceding anncXa-
ton OF about si.ooo, COZ per annurn and
was in the calendar year 1915 $i3a.oo0.
- the annual average prior 10 1899,
tho year OF annexation.
This tremendous gain in tho total
trade ot the Philippines and its trade
with tile United States has occurred
IN both exports and imports. Their
exports prior 10 tho annexation. which
occurred just twenty years ago tAprl
II, 1890. averaged about S2n.o00.oo0
per annum. as against S156.oo0.o00 in
l?lS and the imports about $4,000
900 pcr annum aS against practically
Sloo.ooo.ooo in l"lS.
or tho total exports. which show an
gain is largely TO the United states,
10 which the Philippines sent in 1918
$S6.o0o.o00 worth Of their surplus pro
ducts as against Si.000.00o worth prior
to the annexation. Their purchases
from the United states advanced from
less than $5o0,ooo per annum prior 10
annexation to $40. Oo0 ono in 1918.
Prosperity Under Uncle sam.
The growth OF the trade OF the
Philippines since their annexation TO
the United States. in 1899. is in marked
period preceding annexation. in which
their foreign trade movement was
practically at a, standstill. In fac,
the Years immsdia'eiII rrG'ca'n rn5aIl e
totul than that OF 1850 or Immediately
subsequent years when 'm 6 'otaa
trade aggregated about SAo.opo'U"" pc!
unnum as against an average OF about
.Ss 900. 900 per annum in tho decade
preceding the annexation. Their trade
developed very rapidly after annexa-
ton. having totaicd in lS"" S1n"oV'-
onn: in 1905, sG3.oc0,000; in l!l%. Sllo'-
nno 600 and i'm 1olS. S23i.oon,ooo.
share United Stntcs Has Had in II Al.
The growth in the exports OF inc
philippines has occurred almost eNclu-
sivclv in natural products, though III
many Instances the products UNDERGO
a partial transformation before leaN me
the islands, and in few cases arc
completely manufactured before cx-
port;,tion. Manila hemp, coconut on.
coura sugar, tobacco and cigars arc
the principal articles forming INC
rapidly growing export trade wnich
hal, grown from Sl5,ooc.o9o IN 1879 10
slaG.uoo. 00n III 1913.
Manufactures Of all sorts make UP
tho total of imports, which has grown
from Sc5nOo,OoO in 1900 TO S36,Op".cpn
in 1913 the year before tho war, ana
practically sloo. GOO 900 in 1918.
The share which tho United States
has had in tho growth OF the r%ports OF
the Philippines, especially during the
war period in which Philippine cN-
ports have Increased $50 per cent, is
shown by tho fact that our own inn
ports OF Manila hemp from the Philip
pines have grown from less than Slo.-
900 900 value in the fiscal year 1911
all OF which preceded The war, to over
$4,000 600 in 1918: sugar from S2.55t.-
ONu 10 S1,9l3.100 in 1918; cigars from =
little over 81 900. 0Gn in 1874 TO more
thuiI Si.oon.O"0 in 1915; conra, the dried
meat Of me coconut. from $1,000 000
in 1914 10 $3.50, 900 in 1918. and coco