Show J WUR GREAT TRADE STRENGTH Tho magnificent and varied trade resources of this glorious land of ours are even yet but imperfectly understood under-stood even by ourselves One feature of them Is splendidly told in our export trade which In spite of the failure or decrease of one supply is constantly welled larger by the of opening soma new reinforcement or the strengthen ing of an old one This ebb and flow Is treated comprehensively In a late editorial In the New York Evening Post which states the case and balances the items so carefully and shows the trade movement so well that we cannot do better than reproduce it as follows ti The astonishing fact In tho series of foreign trade reports which haVo ap peared thu from 1SSG to the present date Is multitude of resources for an ex panding export trade shown to bo In Americas poasoaslon Jn tho calendar year 1S97 70 per cent of this Increase was made up of grain and packed provisions I In IbOS > when the total r export trade In creased 153000000 the proportion waw j almostexactly tho same Following tho large foreign harvests of 1EOS all agricultural agricul-tural oxporla UocrooHcd In the ensuing year nearly JW < tt WO but In the name year tho sudden rlwo In shipment of manufactures man-ufactures canned Increase on that account 1 I ac-count alone ot S72000000 and again Increased In-creased the aggregate outward trade Last year witnessed vory little recovery i In grain and provlMlon exports but In I their place Imo enormous shipments of cotton which with tho continued In I crease Jn manufactured < < exports brought tho total exports of the calendar year I 200000000 above JSO Now follows n year in which for causes plainly enough foreshadowed In advance export both of manufactured goods nnd or cotton tlecnjnscB suddenly I In the llve months ending with May shown by statements now nt hand from the Government ohlpments of cotton had fallen oft 5000000 from 1900 nnd ship incnts manufactures 20000000 This shrinkage might have foreshadowed a general backward movement In our trade but nt tho very hour when business busi-ness contracted In tho two branched which raised tho total export trade last oncomore rise year shlpmentH of grain once to their maximum running 22000000 ahead of tho iinic live months a year ago with strong Indications of continued this Increase Nothing exactly parallel to series of commanding moves In trade has ever been witnessed In the history of any nation Perhaps tho nearest parallel may be found In some episodes QC tho Industrial history of France That nation na-tion like our own ix I peculiarly favored with resources for highly diversified production needs duction In excess of domestic Noting that parallel l It Is Interesting to observe also that the tWQ chief beneficiaries benefi-ciaries of the recent worldWide revival of trade antI Industry are France and tho United States and that at present they aharo between them predominance In Uio money markets tho world tjie |