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Show I- MANAGER STUBBS ON THE ASIATIC TRADE. 1 T C. Stubbs, traffic manager of the Harnman lines, in a letter to Fibre & Fabric, explains the overland situa-i'on situa-i'on ns regards Asiatic trade as follows: "With respect to tho Asiatic trade: T he laws of this country, as construed bv the Interstate Commerce commission, commis-sion, increase tho difficulties of the transcontinental lines in their undertak- iug to carry this business. Neverthe less, tho Suez route is open, is not governed by the interstate commerce Jaw or the rulings of the Interstate Commerce commission, and, I presume. , 16 able to supply all necessary means of transportation. Therefore I do not think that tho question of transportation transporta-tion rates enters very largely into the ( question of competition between United States manufacturers of cotton goods , and European manufacturers of tho ' same goods. The force of that compe- 1 tition. it seems to me, has reached the climax. What may bo expected, or may be tcarcd. from the undertakings of the Japanese and Chinese to import raw cotton and themselves manufacture the fabrics, you are better able to judge than I. 1 do not. apprehend any influence upon this traffic by the Trans-, Trans-, Siberian railroad or compeition of lines in eastern Asia." |