— 124 — 



European countries took of this in 1893: 



Wheat 111,000,000 bushels. 



Wheat flour 59,000,000 in bushels of wheat. 



Total 170,000,000 bushels, or 



about 85 per cent of all exports. The balance went to British North 

 America, Mexico, the West Indies, South America, 'Asia, and Oceanica. 



Of the 170,000,000 bushels that went to Europe, the United Kingdom 

 took 124,000,000 bushels, or about 73 per cent. 



The export trade in flour is quite large and seems to be increasing, 

 but this does not help the farmer, who must sell to the mills at Liver- 

 pool prices, less all the cost of shipping there. And here we have 

 another illustration of the absurdity, which I will notice later on, of 

 fixing the home price by the Liverpool market. 



The mills pay here for wheat made into flour for the China trade the 

 same as that for the European trade, although the competition in China 

 is greatly in our favor. This is shown by the fact that the United 

 States shipped in 1893 to Asia only 42 bushels of wheat and 631,579 

 barrels of flour. 



In other words, India makes the price of wheat in California, although 

 India wheat made into flour cannot compete with California wheat made 

 into flour for the Asiatic trade. The mills may profit by the China 

 trade, while the California farmer may lose. 



I submit a table of exports from the United States to all countries, in 

 groups of wheat and wheat flour for 1893. 



Exports of Wheat and Wheat Flour, 1893. 



Europe. 



West Indies. Central America. 



South America. 



Wheat, Bushels. 



Flour, Barrels. 



Wheat, Bushels. 



Flour, Barrels. 



Wheat, Bushels. 



Flour, Barrels. 



111,035,242 



11,905,158 



13,749 



1,723,322 



73,741 



1,366,557 



British North American Pos- 

 sessions. 



Mexico. 



Central America. 



Wheat, Bushels. 



Flour, Barrels. 



Wheat, Bushels. 



Flour, Barrels. 



Wheat, Bushels. 



Flour, Barrels. 



5,544,365 



625,927 



10,807 



51,032 



51,639 



225,493 



Asia. 



Oceanica. 



All Other Countries. 



Wheat, Bushels. 



Flour, Barrels. 



Wheat, Bushels. 



Flour, Barrels. 



Wheat, Bushels. 



Flour, Barrels. 



42 



631,579 



16,008 



63,251 



375,516 



28,020 



Totals. 



Wheat - . 117,121,109 bushels. 



Flour 16,620,339 barrels. 



You will see that 70 per cent of our wheat exports is flour. But the 

 wheat sold to the mills brings a price regulated by the Liverpool 

 market and the farmer gains nothing by this comparatively new trade. 



