SIXTH ANNUAL YEAR BOOK — PART I, 87 



Onr car, carriage and vehicle exports fell off 325,000 



Our scientific instruments exports fell off, 125,000 



Our marble and stone exports fell off, 310,000 



Our musical instruments exports fell off, 80,000 



Our parafine and wax exports fell off, 1,000,000 



Our lumber manufactures exports fell off, 4,300,000 



A loss in manufactured exports of $8,950,000 



Our exports of agricultural products fell off 32,570,000 



Showing a loss of $41,520,000 



Allowing for some slight gains, the net loss of agriculture, 

 and certain lines of manufacture was about $40,000,000 



We submit that a loss of nearly $9,000,000 to so many of our lessor 

 but very Important manufactures fails to indicate a healthy trade con- 

 dition, great as the gain may have been to an over protected few. The 

 real question is, was the export trade of the great mass of our manu- 

 factures properous? The figures show the contrary, while our farmers 

 will find but little consolation in a loss of $33,000,000. It is likewise true 

 that the ostensible gain in "manufactured" products, $91,000,000, of itself 

 is misleading in another respect. Included in the gain of manufacture 

 is found bar and pig copper, the increase of which amounted to 

 $29,000,000. Deduct that and the increase of exports of manufactures 

 was only $62,000,000 consisting principally, as has been said, of three 

 items so heavily protected that their surplus can be forced on foreign 

 markets at cost. 



The condition then, as far as agriculture and many other classes also 

 of our manufactvires are concerned, was not satisfactory. 



Agricultural exports suffered severely. 



j-,et me call attention to another resume concerning the ability of these 

 great manufacturers to export. 



"Since last April, Japan has purchased in the United States more 

 than 200 locomotives, 5000 railway cars, 400 structural iron bridges, and 

 bO or more steam turbines, with electric generators. On the other hand 

 the United States is by far the most generous customer of Japan's silks, 

 teas, mattings, and curios, buying four or five times as much as does 

 Great Britain. 



"This flood tide condition of the iron and steel industry — the mills 

 everywhere working up to their capacity with contracts far ahead — lends 

 extraordinary significance to our export trade in iron and steel manufac- 

 tures. This trade has been steadily increasing. Its amount was $118, 

 948,586 in the fiscal year 1904, and $134,727,921 in the fiscal year 1905 

 — ending on June 30th," practically the same results that I have reached. 



A great deal has been said about the ability of certain of our manu- 

 facturers to compete with the rest of the world. That is what we 

 have been working to enable them to do. We want them not only to be 

 able to compete with the rest of the world in our own market, but to hold 

 the domestic market and to compete with the rest of the world abroad* 

 When that time is reached then we claim that attention should be paid 



