Rensselaer Semi-Weekly Republican, Volume 19, Number 91, Rensselaer, Jasper County, 22 July 1898 — Sufficiently Striking. [ARTICLE]

Sufficiently Striking.

The detailed analysis of Great Britain’s over-sea trade for 1897 is given in the latest issue of the Blue Book. There is a marked increase in imports, the total for the year being $2,255,144,800, and a heavy decrease in exports, the latter aggregating $1,171,098,540. This leaves a debit trade balance of $1,084,046,260, while the credit trade balance of the United States for the fiscal year ended June 30 is in round numbers $600,000,000. Compared with Free-Trade England, Protected America has the better of the argument to the extent of over $1,600,000,000. Some deductions from this mighty sum must be made on account of charges for carrying American goods in foreign ships, interest and dividends on American securities held abroad, money spent in Europe by American tourists, and some minor items besides: but even after making all these allowances the contract between the workings of the two fiscal and economic policies is sufficiently striking.