According to the United States Treasury returns the imports of this country for last year in round numbers amounted to $830,000,000, and the exports $1.478.000,000, an increase of over $30,000,000 in the import trade as compared with the preceding year, and of $202,486,000 in exports. Of the exports, (the percentage of manufactured goods rose to a very considerable extent, and our industrial growth continued last year at a rapid pace, enabling us to take less {finished goods from cther countries and to furnish more. The remarkable growth of the foreign demand for our iron and steel is cited as a striking instance of what undercutting in; rices will do.
FOREIGN OBSERVERS, particularly the British and the Germans, are shown to be keenly alive to what is being accomplished by the greater efficiency of our industrial methods, and exhibit a purpose to profit by them and then to fight us with our own weapons.
Text read from the printed page and cleaned; old type leaves the occasional error.
