OCR Text |
Show TRADE WITH CHINA. That the trade of the United States with China is highly important is a fact long recognized by importers, exporters and the people of the country in general, and it may be said that one of our chief hopes for the development of our commerce in the future rests upon our ability to transact business in the orient, China in particular. The outlook is good just now, John Hay's insistence upon the open door policy having prevented pre-vented the Japanese from shutting us out. It might also be said that the Chinese Chi-nese regard their trade with the United States as one of their chief sources of wealth and it certainly has saved them from disaster since the European war began. According to information lately come to hand, the exports invoiced at the American consulate general at Shanghai for the United States have more than doubled in two years, and aggregated $38,664,516 in 1916. The exports from this port represent approximately 50 per cent of China's total .declared exports to the United States. Raw silk leads, but there are quite a number of other articles sent irom China to this country, some of which would find a very poor market anywhere else in the world, silks aud antique porcelain for instance. These may not be wanted by the United States next year. |