Miltitz near Leipzig, April/May 1903. 
Since the date of our last Report (October 1902) no decided 
change has come over the general economic situation in Germany. 
At the same time, it cannot be denied that in numerous branches 
of Industry features of a somewhat more favourable character are 
apparent, which manifest themselves in good dividends of the leading 
financial institutions and of a large number of important firms in 
other branches of Trade and Industry. 
In spite of all competition and other difficult internal conditions, 
the Chemical Industry still continues its upward movement. Although 
at this moment it is not yet possible to bring forward statistic proofs 
in the form of comparative figures of the turnover and exports in 
support of this statement, we have yet valuable and reliable data in 
the statistics of the Manufacturers' Union of the Chemical Industry, 
according to which the number of chemical Works has increased in 
1902 by 183, and that of the qualified workmen therein employed 
by 3487. 
By w^ay of comparison we give the figures of the last four years, 
as follows: — 
The foregoing figures show clearly that the German Chemical In- 
dustry has passed intact through the economic crisis of the last few 
years. Further, there are no grounds for fearing that it will be out- 
stripped by competition from abroad, so long as the German Uni- 
versities possess such eminent representatives of Chemical Science. 
The Industry of essential oils and artificial perfumes has to place 
1902 on record as one of its best commercial years. But yet it 
looks anxiously into the future, as the new German Tariff does 
not provide the relief which had been desired, and which is necessary 
for maintaining the trade in seed-oils. 
In accordance with the Tarifi' now passed, the import duty on 
the so-called spice-seeds, such as anise, coriander, and fennel, has 
been raised from 3 to 4 marks per 100 kilos; on the other hand. 
Number of 
works 
Number of qualified 
workmen 
1900 
1 90 I, 
1902 
1899 
6589 
691 1 
7169 
7352 
135350 
143 119 
153001 
156488, 
