Show I > rcailrn > of spot Now York May 2A dlipatch to the World from London Bajs id IV Harrison commercial attache of the British embassy at Madrid re poras to the foreign Office pro of the trade of Spin shown I hat the sear 1897 has 11 < een no nor fortunate than rtll preceding one The trade depressed I 1 1 > pnnent dIM Coition and dread of the future Munu dn1 acturerfl merchants workmen alt suf rr directly from the troubles of their own AIII tile accumulation or mloCor tutalloxerelses Its natural Influence on commerce II spite of tho change of government govern-ment during last autumn financial nnd tiade queetionn remained unratered anti trlo QIIlon be position has been aggravated tally hy the fact that resources obtained under un-der such dlSlcullles are being rapidly extended An prices IncrMe 1onsUMP t foil decronsesindustry languishes nr rllg nU classes ot IIpulolon Tho rise or exchange on rorcln countries the crisis In agriculture the heavy taxes and high duties Imposed by the tarIff now In force he decrearpI Import and tend to Iml them to absolute ab-solute necessities article that can be lit ulueed cheaply at home I I Exporls although they have recovered recov-ered during recent earn from the loss suffered after the renunciation of the commercial treaties ore Mt MANY AS beneficial to the producer ns they appear ap-pear The want of capital and the con quent necessity to sell at onee mk the manufacturer I ready prey to the speculator who thus gains the greater shaieof the piofUi Great Britain nnd France hold nearly near-ly half of theenllra commerce of Spain rrh the Spanish colonies Cuba has 10 per cent Porto RICO 4 Per cent nnd the Philippine Islands l 39 per cent The large Imports from the Ullie States consist chiefly of lumber and raw cotton cot-ton |