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It will be remarked that the exports from the Soudan are all natural productions.
Besides, France, having secured a potash field in the territory which has been restored to her, will not welcome a great stimulation of the German exports of this material. An examination of the import list shows that 63.6 per cent are raw materials and food.
In 1805, 1806, and 1807, about one half the average total exports, something over the value of twenty million dollars, went to Great Britain alone; and the value of the imports from that country for the same period was about sixty million dollars a year.
Among the exports for 1897 were: 2,700,000 frozen sheep and lambs; 66,000 cwt. cheese, and 71,000 cwt butter; £433,000 worth of kauri gum; £427,000 worth of grain. The exports and imports of the Colony for the year 1897 were a little over £10,000,000 and £8,000,000 sterling respectively.
And I'm not unrealistic about the future. But there are reasons to be optimistic about our economy. First, we don't have to fight double-digit inflation. Second, most industries won't have to make big cuts in production because they don't have big inventories piled up. And third, our exports are running solid and strong. In fact, American businesses are exporting at a record rate.
Here, for instance, Murray or Baedeker would give you this sort of thing: 'Honfleur, an ancient town, with pier, beaches, three floating docks, and a good deal of trade in timber, cod, etc.; exports large quantities of eggs to England. Good heavens! it makes one boil!
Next in importance was the New England fishery, employing six hundred vessels, and the commerce with the West Indies, which arose out of that industry. Other staple exports were whale products, bread-stuffs, naval stores, masts, and pig-iron. The total value of exports in 1750 is estimated at 814,000 pounds.
Four or five million people living in a territory that extends from North Carolina down to the Rio Grande, who have exports to above three hundred million dollars, whose ports cannot be blockaded, but who can issue letters of marque and reprisal, and sweep your commerce from the seas, and who will do it, are not going to be trifled with by that sensible Yankee nation. Mark my words.
BUTLER contended again, that representation should be according to the full number of inhabitants, including all the blacks; admitting the justice of Mr. GOUVERNEUR MORRIS'S motion. He was now again alarmed at what had been thrown out concerning the taxing of exports. South Carolina has in one year exported to the amount of 600,000£. sterling, all which was the fruit of the labor of her blacks.
The way is now open to a fully-functioning International Coffee Agreement which can help to stabilize this major world commodity market. The results will be positive for both consumers who will be less likely to suffer from sharp increases in coffee prices and producers who can undertake future investment with assurance of greater protection against disruptive price fluctuations in their exports.
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