Salt Lake Tribune | 1901-02-20 | Page 4 | Local News

I January was another record breaking trade month The Imports amounted Ito I-to 6010019 and the exports to 13G l173dl I Since the beginning of the current i cur-rent fiscal year July 1st last the aggregate I aggre-gate value of imports has been 45SS3l I 071 and of exports 302220720 As com I i pared with the corresponding seven months of last year Imports have declined de-clined 275SS3GL In value while tho increase In-crease In export values was 102183273 During the same period of lime the excess of gold imports was 2369119 and of silver exports coinage value i being given 16221125 More than 581000000 of the Increase was put down to the export of raw cotton the balance of about 521000000 being due largely to heavy foreign traffic In provisions live t I i I stock Iron and steel 1 and machinery The excess of exports over Imports 413G98G5S for seven months Is an astonishment as-tonishment to all JSurope nnd in places Ucy arc already talking about a policy of commercial reprisal designed to limit American imports 1 is a frightful situation for the world nbw long they can pay this country seven or eight hundred millions annually is the question ques-tion with them and how they can throw off the awful balance Is a still more serious question We have tha textiles we have the food and then In the great Iron and l steel Industry the outsld6 world cannot compete with I American machinery and American artisans The trade oC the United States Isa spectacle the like of which was never seen in all this world before and it It can be kept up three years more the worlds commercial center will gravitate to our great commercial capital England had better hurry upS up-S the war in South Africa and hurry up the reopening of the mines there for on I that her future as n great commercial power of the earlh hangs I i I