36 Minnie Throop England 



Only a few years ago Formosan trade was chiefly with China 

 but an increasing proportion is with Japan. In 1908 Formosa 

 sent 27.7 per cent of its exports to Japan, and received therefrom 

 56.5 per cent of its imports; in 1898 the percentages were 25 per 

 cent and 20 per cent respectively. In 1906 Japan derived 4.3 per 

 cent of its total imports from Formosa and sent 3.6 per cent of 

 its exports to that island. 127 Japan has certainly had good suc- 

 cess in diverting Formosan trade to Japan. 



The work of developing Korea is already begun. It is found 

 that the Korean climate and soil are adapted to the raising of 

 cotton and the future of the cotton industry in that country is 

 full of promise. 128 Japan already receives a large proportion of 

 the trade of this possession and can scarcely hope for gains in 

 percentages even after the country is more highly developed, 

 since Korea in 1908 sent yy per cent of its exports to Japan and 

 received 59 per cent of its imports from the islands. 129 



In the fiscal year 1908-09 the trade of the American posses- 

 sions composed 4.1 per cent of the total trade of the United States. 

 The imports from the colonies (Porto Rico, Hawaii, Alaska and 

 the Philippines) amounted to 6.8 per cent of the total imports, 

 and the exports to the possessions were 3.2 per cent of the total. 130 

 The trade of the American colonies, like that of many of the 

 colonies of other countries, makes its best showing in the pro- 

 portion of their trade which is with the mother country. In 

 1908-09 the proportion of imports from the mother country was 

 16. 1 per cent for the Philippines, 81. 1 per cent for Hawaii, 88.8 



127 On the progress of Japanese trade compare Stead, Great Japan, 205. 

 125 U. S. Consular Reports, July, 1908, p. 116. 



129 Ladd, " Japan's Administration in Korea," in China and the Far East, 

 ed. by Blakeslee, 409. 



130 Trade of the United States with the Possessions. 



Imports from Exports to 



Philippines $ 9,433*986 $1 1,189,441 



Alaska i3,05S,355 17,186,445 



Hawaii 40,437,352 584,152 



Porto Rico 26,391,338 23,272,170 



Total , . $89,318,031 $52,232,208 



212 



