Up To Date Business by Seymour Eaton

8. Yes.

22242 words  |  Chapter 33

BUSINESS GEOGRAPHY THE TRADE FEATURES OF THE GREAT COMMERCIAL NATIONS I. THE TRADE FEATURES OF THE BRITISH ISLES LONDON AS A FOOD CONSUMER London is the greatest seat of trade and commerce in the world. Its commercial greatness is evidenced by its greatness of population. Its inhabitants number over 6,000,000. The houses in which this vast population lives, would, if placed end to end, make a continuous street that would stretch across all Europe and Asia. The mere effort of providing food for this vast population necessitates an enormous commerce. Half a million of beeves are required every year to supply its meat market; also 2,000,000 sheep and 8,000,000 fowls. To supply its fish market 400,000,000 pounds of fish are required, and 500,000,000 oysters. Grain, flour, fruit, butter, eggs, cheese, sugar, tea, and coffee, are brought to London daily in such quantities that the prices of these commodities all the world over are based upon what they will fetch in London. Whole nations and provinces and districts get their subsistence from industries that have for their end the supplying of some of this enormous food demand. Denmark, for example, owes its entire prosperity of recent years to its profitable manufacture of butter for the London market. Brittany and Normandy, in France, are almost wholly occupied in supplying that market with poultry and eggs. The islands of Jersey and Guernsey derive their principal wealth, not, as might be supposed, from the sale of milk and butter, but from the supplying of London with potatoes. Canada during the last six or eight years has built up with London an immense trade in cheese, a trade that exceeds in importance any other that Canada has, while even our own home States--Illinois, Iowa, and Wisconsin, for example--have found new sources of wealth in catering to the London dairy trade. "Elgin" and "Ames" creamery butters are products well known to the London consumer. LONDON THE COMMERCIAL CENTRE OF THE WORLD What is the reason of London's wonderful prosperity? Already its population is one fifth the entire population of England and Wales, and it is increasing at the rate of about 20 per cent. per decade. Three hundred people are added to the number every day in the year, a rate of 110,000 inhabitants in the course of the year. It is now one half greater than the total population of all Ireland. London's Scotch population is almost as numerous as that of Edinburgh, while its Irish population is quite as numerous as that of Dublin. Every civilised country is represented among its people, and every civilised tongue is spoken among them. A sea of brick and mortar, even now fifteen miles long and ten miles broad, it is growing at the rate of a new house every hour of its existence. Its streets are already 28,000 miles in length, and these are spreading out so rapidly that every year many whole villages and townships are enmeshed by them. Every day 1,000,000 people enter London by railway, and at least 500,000 people have occupations in it in the daytime who reside beyond its limits at night. Fifty thousand people have occupations in it in the night-time who reside beyond its limits during the day. It is the largest importing centre in Great Britain, and the largest in the world, and its exports are exceeded only by Liverpool, and not always by Liverpool. It is also the centre of the world's financial business. For example, traders in the East Indies who ship cargoes of spices and other Eastern produce to America, draw in settlement on London rather than on New York, while traders in America who ship cargoes of cotton to Marseilles or Riga, draw in settlement on London rather than on Paris or St. Petersburg. What is it that thus makes London the chief seat of population in the world, the commercial metropolis of the world, the great financial clearing-house of the world? LONDON THE CENTRE OF THE LAND SURFACE OF THE GLOBE [Illustration: London the natural centre of the world's trade.] London stands as nearly as possible in the centre of the land surface of the globe. Its situation, therefore, eminently adapts it to be the great centre of the world's trade--the great distributing centre of the world's products. Its ships can go to the farthest parts of the earth, and, loading themselves with the natural products of these parts, can bring them to its docks without breaking bulk, deposit them there for assortment, and then take them away again to other parts of the earth, and do this more economically than the ships of almost any other port in the world. But a greater reason is to be found in the fact that for centuries the British people have pursued a definite policy of manufacture, trade, and commerce, and have had the good fortune to have had that policy interfered with in a less degree than any other nation in the world by commerce-destroying war, whether internal or external. And whenever Britain has been in external wars her navy has been able to protect her commercial interests. London, being the capital of the kingdom and its chief seat of trade, has naturally derived the principal benefit from these many years of peaceful industry and commerce. Then, again, London is favourably adapted to trade in respect to its own country. It is a seaport, sixty miles inland, and is connected by navigable canals with all the other chief manufacturing and commercial centres of the country. Its railway facilities, too, are so complete that there is not a manufacturing town in the whole island that is not within fifteen hours of freightage from it. Then, too, the peculiar configuration of the coast-line of Great Britain makes every point on the island within an hour or two of carriage from a seaport. Finally, all British seaports are in trade connection with London by a coasting service unequalled in the world for cheapness, completeness, and efficiency. In a word, London stands not only in the centre of the land surface of the globe, but also at the commercial centre of its own home territory--that is to say, within easy reach both by water and by land of all the trading and producing interests of a people that for centuries have been leaders in commercial and manufacturing industry and enterprise. GREAT BRITAIN'S COMMERCIAL POLICY But that which more than anything else has made London the great trade centre of the world has been the policy, now for many years adopted by the British people, of allowing the goods and products of all other nations to enter their ports untaxed. Every port in Britain is a free port of entry for all imported merchandise except spirits, tobacco, wine, tea, coffee, cocoa, and chicory; and ships of all nations are allowed to trade at British ports upon terms exactly the same as those laid down for British ships. The result is that Britain has become the entrepôt or distributing mart for the produce of the world. Ships of all nations are found at her wharves, and commodities from all parts of the world brought in those ships are found in her warehouses. Her mercantile navy numbers 21,000 vessels, and 8000 of these are steamships. The tonnage of these vessels amounts to over 8,750,000 tons, and of this nearly 8,000,000 is engaged in the foreign trade alone. Her mercantile sailors number over 250,000 men, and over 150,000 of these are engaged in the foreign trade. London is, of course, the chief gainer from this perfect unrestriction of trade. Twenty-seven per cent. of the whole trade of the country is in its hands. Its merchants do business in every seaport on the globe, and the trade of Great Britain with ports in Europe, the Levant, Egypt, India, the East Indies, China, Japan, and Australasia, is almost wholly controlled by them. Its shipping embraces the finest trading fleets known to commerce. Its docks and wharves extend on either side of the Thames for twenty-four miles from London Bridge down to Gravesend, and are the largest and finest in the world. [Illustration: British mercantile marine. Compared with that of other countries.] LONDON THE CLEARING-HOUSE OF THE WORLD A similar explanation is to be given of the fact that London is the great financial centre of the world. The same policy which has made Britain a great trading country has also made her a great manufacturing country. The food products of all the world pour in upon her shores, and Britain has become a cheap place to live in. Her artisans are supplied with the best food that the world can produce, and this at prices that are practically what the British demand makes them to be. The British artisan is therefore both well fed and cheaply fed. As a consequence of this, British manufactures are produced more efficiently and more cheaply than those of most other nations, and they are therefore exported enormously to every quarter of the globe. London, from its accessibility with respect to the great manufacturing centres at home, and from its trade connections and facilities for trade abroad, is the great distributing centre of this enormous manufacture. London exporters have accounts for goods sold by them all the world over. There is, therefore, no quarter of the world where money is not constantly owing to London; or, if not to London, then to Manchester, Birmingham, Sheffield, Leeds, Glasgow, or some other manufacturing centre in close financial touch with London. In this, then, lies the explanation of the financial supremacy of London. No matter in what quarter of the world money is owed by any place, the final destination of that money is London; for in almost all cases it will be found that the locality to which the money is owed, if it be not London, will itself be a debtor to London. London, therefore, from necessity, and as a matter of custom and convenience, has become the great clearing-house of the world. The final adjustments of the indebtedness of all the commercial centres of the world are made there. [Illustration: London bridge.] GREAT BRITAIN THE CREDITOR NATION OF THE WORLD One other reason for the financial supremacy of London lies in the enormous wealth of Britain. For now almost half a century Britain has been importing far more than she has been exporting, and the total volume of her import and export trade is more than quadruple what it was in 1850. The consequence is that not only has Britain been accumulating wealth, but she has been accumulating it enormously. Her accumulated savings, therefore, have been at the world's disposal, and she has had so much money to invest that she has become the creditor nation of the world. The total investments of British capital in foreign countries (in loans, railways, manufacturing syndicates, etc.) is estimated to be the enormous sum of over $10,500,000,000. London, of course, is the investing, controlling, and supervising counting-house for all this capital. And as so much British capital finds in London its place of investment, it naturally follows that nearly all the remaining unemployed capital of the world, that seeks investment, either is sent to London as a market, or else assumes a price for investment elsewhere which the current price of capital in London warrants it to assume. The London market rate of capital, therefore, determines its market rate in every other commercial centre of the world. GREAT BRITAIN A BEEHIVE OF MERCANTILE AND MANUFACTURING INDUSTRY Britain like all other civilised countries, was originally an agricultural country. Although for some centuries she has been one of the chief manufacturing and mercantile countries of the world, it has been only during the past one hundred years, and especially during the past fifty years, that her development in manufactures and in commerce has been remarkable. Britain is still, in respect of quality, the foremost agricultural country on the globe. Her breeds of horses, cattle, sheep, and swine are the standard breeds from which almost all other breeds derive their origin, and by which from time to time they are improved. And nowhere is the raising of grains and roots for food of man and beast pursued with more skill and success than in Britain. But agriculture is fast ceasing to be an important industry of Britain. Two million acres less are under cultivation now than were cultivated fifty years ago. The total amount of wheat raised is sufficient only for three months' consumption of the people; the remaining quantity needed must be supplied by importation. Three fifths of the total population of the island live in towns, and only a small proportion of the population that live in the country is actually supported by agriculture. Agriculture, in fact, supports only fifteen per cent. of the population in all Britain, and in England only ten per cent. Three and a half times as many people are personally engaged in manufactures as in rural pursuits. For three quarters of a century the population in towns and cities has been growing four times faster than the population of the rural parts. At the same time the working power of the urban population has been constantly growing more effective. In fifty years, by the general adoption of machinery, the effective working power of the British workman has been increased sixfold. In England eighty-six per cent. of the total work of the country is done by steam, and in Scotland ninety per cent. Great Britain, therefore, has become practically one great beehive of mercantile and manufacturing industry. Agriculture as a general occupation of the people, except in the production of the finer food products, such as choice beef and mutton and high-grade dairy products, is no longer profitable. Indeed, during the last fifteen years the plant (including land) employed in agricultural industries has been depreciating in value at the rate of $150,000,000 yearly; that is, in these fifteen years the enormous sum of $2,250,000,000 of capital employed in agriculture has been obliterated. But the gain to capital employed in profitable mercantile and manufacturing pursuits has much more than compensated for this enormous loss in agriculture. GREAT BRITAIN'S COAL-FIELDS AND IRON DEPOSITS One reason for the great development which Britain has made as a manufacturing and trading nation lies in the fact that Britain was the first nation to utilise on a large scale the power of steam as a help to manufacture and trade. The steam-engine was a British invention. The first railways were built in Britain. The first steamship to cross the Atlantic was a British enterprise. A second reason lies in the fact that when Britain began to use steam as a motive power she found her supplies of coal so near her iron mines, and so near her clays and earths needed for her potteries, that from the very first she was able to manufacture cheaply and undersell most of her competitors. Her coal-fields have an area of over 12,000 square miles, and wherever her coal-beds are other natural products have been found near by, so that her manufacturing areas and her coal areas are almost identical. Taking Liverpool, Manchester, Birmingham, Wolverhampton, Sheffield, Leeds, Newcastle, Durham, Bristol, Stoke, Carlisle, Cardiff, Swansea, Glasgow, Paisley, and Dundee as centres, around each of these lies a coal area of such richness as amply sustains it in its commercial and manufacturing pre-eminence. London is almost the only great commercial centre of Britain that does not lie in the midst of or quite adjacent to a rich coal and other mineral region. But London is within easy distance, not only by rail, but also by canal and by coastwise sailing, of every coal-field and mineral deposit of Britain. London, however, is an importing and exporting centre rather than a manufacturing centre. [Illustration: The coal-fields of England.] LONDON'S SPECIAL TRADE FEATURES The commercial supremacy attained by many of the large cities of Britain is not wholly due to natural causes, or even to ordinary causes. Much of it is due to extraordinary enterprise and forethought on the part of their citizens. London, for example, is the centre of the wool trade of Britain. The woollen manufacturers of Britain use about 250,000 tons of wool annually, and three fourths of this is imported. Other cities that lie near the seats of the great woollen manufactures--Liverpool, for example--have tried to secure a share of this vast importation of wool, but London, because of the special attention it gives to this trade, manages to keep almost the whole of the trade in its own hands. Similarly, London almost wholly monopolises the trade of England with Arabia, India, the East Indies, China, and Japan. It is therefore the great emporium for tea, coffee, sugar, spices, indigo, and raw silk. It also enjoys the bulk of Britain's trade in fruits (oranges, lemons, currants, raisins, figs, dates, etc.) and in wines, olive oil, and madder, with the countries that lie about the Mediterranean. By virtue partly of its situation, but largely because of the enterprise of its merchants, it absorbs nearly the whole of Britain's French trade, and of England's trade with Germany, Belgium, Holland, and Denmark. This includes principally wines (from France), and butter, eggs, and vegetables. Another great branch of its trade is that with the ports of the Baltic, including those of Russia, the imports comprising, besides wheat and wool, tallow, timber, hemp, and linseed. The tobacco imported from Virginia into England goes almost wholly to London; so does almost the whole of the Central American and South American trade in fine woods, dye-stuffs, drugs, sugar, hides, india-rubber, coffee, and diamonds. Quite a large share of the trade of Britain with Canada is concentrated in London; also, more than one half of the trade of England with the West Indies, the imports from the latter country comprising principally sugar, molasses, fruit, rum, coffee, cocoa, fine woods, and ginger. THE SPECIAL TRADE FEATURES OF GLASGOW, LIVERPOOL, AND MANCHESTER The great commercial centres of Britain after London are GLASGOW (800,000), LIVERPOOL (700,000) and MANCHESTER (640,000, including SALFORD). All these cities have derived the greater portion of their size from the progress they have made during the present century. All, of course, owe their progress and their prosperity largely to their natural advantages of situation, etc. LIVERPOOL stands on the margin of the Atlantic, "the Mediterranean of the modern world," and thus enjoys the principal share of the trade with America, especially that with the United States. Great Britain's imports from the United States amount to over $500,000,000 per annum, and her exports to the United States (exclusive of bullion, etc.) to over $100,000,000. (Formerly the exports to the United States were twice this amount.) Of this vast trade, amounting to one fifth of Britain's total trade with the world, Liverpool enjoys the lion's share. Nearly all the cotton, not merely of the United States but of the world, that is used in Europe is sent to Liverpool for distribution. Similarly, GLASGOW, situated with its aspect directed toward the same maritime routes, enjoys also an immense transatlantic trade both north and south. And MANCHESTER, situated in the very heart of the richest coal districts of the kingdom, and within easy reach of the great cotton port, Liverpool, has built up a cotton-manufacturing industry surpassing that of all the rest of the world. THE BUSINESS ENTERPRISE OF GLASGOW, LIVERPOOL, AND MANCHESTER But the natural advantages of situation possessed by these great cities have been grandly supplemented by the enterprise of their inhabitants. GLASGOW is only a river port. For twenty miles below its site the Clyde is naturally narrow, shallow, and shoal-encumbered. In places it is naturally not more than fifteen inches deep. By the expenditure of no less a sum than $60,000,000 this shallow stream has been converted into a continuous harbour, lined on either side for miles with wharves and docks, and easily capable of accommodating the largest and finest merchant ships afloat. As a consequence of this enterprise Glasgow has become the greatest ship-building port in the world. No less than twenty shipyards--in efficiency and magnitude of the very highest class--are to be found along the banks of the once shallow, impassable Clyde, between Glasgow proper and the river's mouth. Similarly, the enterprise of the ship merchants of LIVERPOOL has converted a port, that high tides and impassable bars would naturally render unfit for modern ships, into the greatest shipping port in the world. One hundred million dollars were spent in making the improvement, but $5,000,000 is the annual revenue derived therefrom in dock dues alone. And because of this enterprise Liverpool can now boast of controlling one fourth of all the imports of the kingdom, and two fifths of all the exports, and of handling three fourths of all the grain and provision trade of the kingdom, and of having the largest grain warehouses in the world. [Illustration: The Manchester ship canal.] But MANCHESTER, a wholly inland city, forty miles distant from Liverpool, its nearest port, has outdone even Glasgow and Liverpool in its endeavour to bring the sea to its own doors. It also has spent $100,000,000--not, however, in amounts spread over a number of years, and as occasion seemed to demand, but all at once, in one lump sum, in one huge enterprise. It has built a canal to the Mersey where it is navigable, thirty-five and one half miles in length, and sufficiently deep and wide, so that the whole of its vast importation of cotton, and the whole of its vast manufacture of cotton and other textile fabrics, and as much else as may be desired, may be brought in from the sea or taken to the sea in merchant vessels of the very largest size now afloat. And it has done this in the face of engineering difficulties, and of obstacles raised against it by jealous competing interests that were almost insurmountable. GREAT BRITAIN'S SPECIALISATION OF HER INDUSTRIES IN DEFINITE CENTRES In no part of the world are manufacture and trade carried on with such strict regard to the conditions of economic production and the economic handling of goods as in the British Isles. The free-trade policy of the empire permits everywhere within its borders not merely national but world-wide competition; and yet it is but truth to say that wherever Great Britain attempts to sell her goods abroad every nation and every community in the world rises against her. Even her colonies are against her. Her markets are open to every one's trade, and yet in almost every market in the world which she does not absolutely control barriers are raised against her trade. She is able to sell goods in foreign markets only because, despite these barriers, she is able to undersell all competitors in them, or to give better value for the same money than they. Even when she obtains the control of new markets, as she has in India, China, Egypt, West Africa, etc., she allows every nation to trade in these markets on precisely the same terms as she herself trades in them. In the face of this world-wide competition, therefore, the industries of Britain would cease to exist if every condition conducive to economy of production--climatic suitability, availability of cheap motive power, accessibility to cheap raw material, and accessibility to natural and cheap means of transportation--were not taken advantage of to the utmost. But this is just what Britain does. She does take advantage to the utmost of conditions conducive to economy of production; and this is why, to a degree nowhere else attempted in the world, she has specialised her industries in definite favouring localities. THE NATURAL APTITUDES OF COMMUNITIES IN GREAT BRITAIN FOR SPECIAL INDUSTRIES A result of this specialisation of industries in definite centres is that a natural aptitude for the industry specialised in a locality is developed among the inhabitants of the locality, and this, being stimulated by association, is transmitted from generation to generation with ever-increasing efficiency. Again, this inherited aptitude of the community for the industry historically associated with it is a prime element in the economic prosecution of the industry. Also, in turn, it acts as an important influence in continuing the industry in the locality where once it has been successfully specialised. In no country in the world, outside of Asia, have great industries had such long-continued successful existence in definite localities as in Britain. And therefore in no country in the world do the natural aptitudes of communities for special industries constitute such an important element of economic industrial production. A community of efficient "smiths," for example, has existed in and about Birmingham since the fifteenth century. As a consequence of this the Birmingham country has for several centuries been the greatest seat of the metal or hardware industries in the world. Again, the manufacture of woollen cloths has been an industry successfully specialised in West Yorkshire from the fourteenth century. It results that nowhere in the world is the woollen manufacture carried on more prosperously than in West Yorkshire to-day. The potteries of Staffordshire have been in existence time out of mind, and in the eighteenth century they took a pre-eminent place among the industries of the world. They hold that place of pre-eminence now, even though since then the methods of manufacture have been several times revolutionised. THE COTTON MANUFACTURES OF GREAT BRITAIN But the influence which more than anything else has determined the specialisation of industries in certain places in Britain rather than in others has been the presence of coal-fields. In only a very few instances have great industries been maintained in districts that are not coal-producing. The busiest industrial centre in all Britain is, perhaps, South Lancashire, the great seat of the COTTON MANUFACTURE. South Lancashire is one great coal-field. LIVERPOOL, the great cotton port of the world, is at one edge of this field. MANCHESTER, the cotton metropolis of the world, is at the other edge. Between and near these two chief towns is a whole nest of large towns and cities--PRESTON, BURNLEY, BLACKBURN, ROCHDALE, BOLTON, BURY, ASHTON, STOCKPORT, OLDHAM, etc.--every one of which is wholly devoted to the cotton interest. From their position all these towns obtain both their motive power and their raw material at the lowest possible cost. But, in addition to its advantages of cheap coal and cheap raw material, South Lancashire has one other great advantage in favour of its special industry--its climate is eminently suited to the industry. Its atmosphere is moist, and not too moist, and its temperature is not too cold. Cotton thread can be spun and woven in Lancashire which elsewhere would break. In scarcely any other place in England has cotton-weaving or cotton-spinning ever proved a success. The cotton industry of Scotland is not so localised as it is in England, but PAISLEY (65,000) is famous all the world over for its identification with the manufacture of cotton thread. Ireland has no important cotton manufactures except in BELFAST. One third of the cotton manufactured in the world is manufactured in the United Kingdom. The total product is about 14,000 miles of cloth daily. The number of separate mills is over 2500. The annual product is $500,000,000, which is one hundred times what it was one hundred years ago. The quantity of raw cotton imported annually to sustain this immense production is 1,750,000 pounds. [Illustration: The great manufacturing districts of England.] THE WOOLLEN MANUFACTURES OF GREAT BRITAIN A second great industry of Great Britain is its WOOLLEN MANUFACTURE. This industry is specialised in England, principally in West Yorkshire, a district which is as well supplied with coal as is South Lancashire. LEEDS (410,000) and BRADFORD (232,000) are the two principal seats of the industry, but HUDDERSFIELD and HALIFAX are also important "cloth towns," and many other communities are identified with the manufacture of woollens. The noted "West of England" cloths are made principally in Gloucestershire, where their manufacture in the town of STROUD is a survival of an ancient industry once general throughout the whole county. In Scotland there are two centres of the woollen industry. The first and most important is in southeast Scotland, where, in the valley of the Tweed (in GALASHIELS, HAWICK, JEDBURGH, etc.), the celebrated "Scotch tweeds" are manufactured. The second is in the valley of the Teith (STIRLING, BANNOCKBURN, etc.). At one time the sheep that were pastured on the wolds of Yorkshire were the chief supply of the raw material for this industry in the whole of Britain, but that time is now long past. The total annual import of wool into the United Kingdom is about 750,000 pounds, of which about one half is retained for home manufacture. Two thirds of this import comes from Australia. The number of wool and worsted factories in the kingdom aggregates over 2750. The value of the woollen goods produced annually is about $250,000,000, which is about one fourth of the total product of the world. THE LINEN MANUFACTURES OF GREAT BRITAIN The third great textile manufacture of the United Kingdom is that of LINENS. This is the one manufacture in which Ireland surpasses her sister kingdoms, England and Scotland. The cultivation of flax and the spinning of linen yarn have been domestic industries throughout all Ireland from time immemorial. But at the present time the linen-manufacturing industry of Ireland is almost wholly concentrated in BELFAST. In Scotland, which now almost rivals Ireland in the extent and perfection of her linen manufactures, the industry is principally located in Fifeshire and Forfarshire, especially in the towns of DUNDEE and DUNFERMLINE, the latter town being greatly famed for its napery and table linens. Linen, like cotton, requires a peculiar atmospheric condition of temperature and moisture for its manufacture, and only in few localities has the linen industry been successfully established. The total value of the annual linen manufacture of the United Kingdom is $100,000,000. OTHER TEXTILE MANUFACTURES OF GREAT BRITAIN The annual value of the total manufacture of textile fabrics in the British Isles is about $1,000,000,000--not far short, indeed, of one fourth of the total manufacture of textile fabrics in all the world. Great Britain has over $1,000,000,000 invested in her textile industry, and one half of her total exports consists of textile manufactures. Cotton, woollen, and linen cloths are the chief staples of this industry, but there are many other branches of it and many other localities in which it is specialised besides the ones already mentioned. LEICESTER (204,000), which, like so many other manufacturing cities of England, lies at the centre of a coal-field, is the chief seat of the WOOLLEN HOSIERY manufacture. DUMFRIES is the chief seat of the woollen hosiery manufacture in Scotland. KIDDERMINSTER, in Worcestershire, is the chief seat of the "Brussels" carpet industry; WILTON, in Wiltshire, of the Wilton carpet industry. KILMARNOCK, in Ayrshire, is the chief seat of the carpet manufacture in Scotland. NOTTINGHAM (233,000) is the metropolis of the cotton hosiery and lace manufacture of England. NORWICH (110,000), in eastern England, has a noted manufacture of muslins and fine dress-goods. The Norwich textile manufacture is an instance of the continuance of an industry in a community historically associated with it, although its seat is far removed from a coal-field. The SILK manufacture of Great Britain is almost entirely confined to the county of Derby and adjacent districts in England. MACCLESFIELD, in Cheshire, is the chief centre. COVENTRY is noted for its silk ribbons and gauzes. But the manufacture of silk in Britain is not prospering like that of her other textile fabrics. In fact, in forty years it has depreciated three fourths. British silk manufacturers are not as adept in weighting their products with dyes as their French competitors are, and in consequence English silks, though intrinsically better than French silks, look inferior and therefore cannot be sold at profitable prices. But, on the other hand, the JUTE manufacture of Great Britain is increasing by leaps and bounds. Established only sixty years ago, the value of its annual output is now twice that of the whole manufacture of silk, and in twenty-five years has tripled. The chief seat of this industry is DUNDEE (160,000), in Scotland. THE HARDWARE MANUFACTURES OF GREAT BRITAIN The textile manufactures of Great Britain are in the aggregate first in importance, but the HARDWARE manufactures come a close second. The total amount of Great Britain's hardware products is about $750,000,000, or one fourth of the total product of the world, and of this about one third is exported. Even more than her textile fabrics, the hardware manufactures of Great Britain are associated with her coal-fields. The most distinctive "hardware centre" is that one which is identified with the great coal-field in the middle of England known as the "Black Country." BIRMINGHAM (506,000), the chief place in this centre, is unrivalled in the world for the multifariousness and extent of its metal manufactures. It is literally true that everything from a "needle to an anchor" is made within its limits. But though its industries comprise principally those of iron and steel, its manufactures in gold, silver, copper, zinc, lead, and aluminium are also very important. Birmingham, too, is unrivalled in the world in the application of art to metal work. Its manufacture of jewellery, and gold and silver ornaments, is enormous. Its manufacture of small wares is also enormous. For example, it turns out 15,000,000 pens weekly. Its manufacture of buttons runs into the hundreds of thousands of millions. WOLVERHAMPTON (88,000), also in the Black Country, is noted for its manufacture of heavy hardware and machinery. So also in OLDHAM, in the Lancashire district. So also in LEEDS, in the West Yorkshire district. SHEFFIELD (352,000), also in Yorkshire, is historically identified with its celebrated cutlery manufacture, an industry that first began there because of the quality and abundance of the grindstones found near by. With the coal-beds of Durham and Cumberland are identified the great ship-building and locomotive-building industries of NEWCASTLE (218,000), SUNDERLAND (142,000), and DARLINGTON, on the northeast side of England, and the great steel manufactures (the largest in the kingdom) and ship-building industries of BARROW-ON-FURNESS, on the northwest side. With the coal-fields of South Wales (noted for its smokeless coal) are identified the smelting industries of SWANSEA (70,000). Ores of copper especially, but also of silver, zinc, and lead, are brought from all over the world to Swansea to be smelted. These South Wales coal-fields also account for the fact that in respect to amount of tonnage CARDIFF (160,000) is one of the chief ports for exports in the world, ranking in this respect next after New York. The exports of coal from Cardiff are now 12,000,000 tons annually. II. THE TRADE FEATURES OF FRANCE FRANCE A RICHLY FAVOURED COUNTRY France by nature is one of the most highly favoured countries in the world. Its climate is genial. Its temperature is so varied that almost every vegetable, grain or fruit needed for the sustenance of man may be raised within its borders. Its soil, though not surprisingly fertile, yet yields abundantly such products as are suited to it. Its mineral resources, especially in coal, iron, lead, marble, and salt, are very considerable. Its area is compact. Its facilities for foreign commerce are unsurpassed. It lies between the two bodies of water--the Atlantic and the Mediterranean--of greatest commercial importance in the world. And its people, especially those in rural parts, are exceptionally frugal and industrious. But France as a nation has not made the progress in the world that its natural advantages call for. It has been cursed with expensive and unstable governments and sanguinary wars. Its upper classes, the natural leaders of its peoples, are excessively fond of pleasure and military glory, and the energies of the nation have been much misdirected. As a consequence, despite its natural advantages, France is losing ground among the nations of the world. Its national debt amounts to nearly $7,000,000,000, the largest national debt known in history, being per head of population seventeen and one half times as great as that of Germany, six times as great as that of the United States, and much more than one and one half times as great as that of Great Britain. But, what is of more serious consequence, the vitality of its people seems debilitated. For years the annual number of births in France has been steadily decreasing, while the annual number of deaths has been more or less increasing. Over a great part of the country the number of deaths annually exceeds the number of births. In numerous years this is so for the whole country. The birth rate is the lowest in Europe. The death rate, while not the highest, is yet higher than in many other countries. As a consequence of all this the population of France is almost stationary. During the last seventy years it has increased only 18 per cent., while that of Great Britain has increased 63 per cent., Germany 75 per cent., Russia 92 per cent., and Europe as a whole 62 per cent. And even this increase, small as it is, is largely due to immigration from other countries. Nor is the emigration of Frenchmen to their colonies or to other countries to be set down as a sufficient explanation. The French are averse to emigration. At the present time the number of Frenchmen residing abroad is only a little more than half a million, while of foreigners residing in France the number is not far short of a million and a quarter. [Illustration: France, compared in size with the States of Illinois and Texas.] THE FRENCH A THRIFTY, FRUGAL PEOPLE When France is compared with other countries in respect of commercial development and progress, the results will in almost every particular turn out unfavourable to France. For example, since the close of the Napoleonic wars eighty-three years ago the national trade of Great Britain has quadrupled, while that of France has only trebled. At the close of the Franco-German war France was eighteen per cent. ahead of Germany in the carrying power of her shipping. Now Germany is seventy per cent. ahead of France in that respect. But it must be remembered that the Franco-German war cost France in army expenses and in indemnity no less a sum than $3,250,000,000. The effect of that tremendous expenditure upon the prosperity of the nation can be estimated by one comparison. Since that war the annual average savings per inhabitant in France have been $17. For the same period the annual average savings per inhabitant in Great Britain have been $19.50. Had that war not occurred the average annual savings per inhabitant in France would have been $21.50. In short, no people in Europe are comparable with the working classes of the French people in frugality and thrift, and because of this characteristic, if France were well governed, its prosperity would be equal to that of any country in the world, and this would be so in spite of the fact that France's interest bill imposes a tax of $6.50 a year on every inhabitant of the country. [Illustration: Street scene in Paris, showing the Bourse.] THE IMPORTANCE OF AGRICULTURE IN FRANCE France has one element of stability, one characteristic inducive of thriftiness, that most other countries of Europe lack. In most other European countries the land is held by few proprietors. In France it is held by many. In Great Britain and Ireland, for example, the land that is devoted to agriculture is held by only 19,000 proprietors. In France it is held by 3,500,000 proprietors. There are also 3,500,000 district farms in France, though only sixty per cent. of the farm land of the country is cultivated by the owners. It follows from this that agriculture has in France a hold upon the affections and self-interest of the people that it has in no other country in the world. About forty-two per cent. of the total population of the country able to work are employed in agricultural pursuits. Agriculture, therefore, is one of the most important industries of France. One fifth of the total earnings of her people are made in agriculture. It cannot be said, however, that agriculture in France is pursued as successfully as it is in some other countries--in Great Britain, for example. France, with sometimes the exception of Russia, is the largest wheat-grower of all the nations of Europe, but its production of grain per acre is not more than four sevenths that of Great Britain, while its production of grain per farming hand is only two thirds that of Great Britain. But so much of the agricultural effort of France is devoted to such industries as can be carried on in small farms or holdings--potato-raising, for example, and fruit-raising and poultry-raising--that the total money product per acre in France is not far short of what it is in Great Britain. That is to say, while agriculture is more profitably carried on in Great Britain than in France, it proportionately supports a larger number of people in France than in Great Britain. FRANCE'S WATERWAYS AND RAILWAYS France, like Germany, is well supplied with navigable rivers, and these, with its canals, constitute a complete network of navigable waterways that cover all the country and greatly promote the internal commerce of the nation. These navigable rivers aggregate 5500 miles, and the navigable canals over 3100 miles. The tonnage of goods carried on these waterways compares quite favourably with that carried by the railways. The railways aggregate 25,000 miles. THE DISTINCTIVE AND IMPORTANT MANUFACTURES OF FRANCE The most distinctive manufacture of France, the one in which she surpasses all other countries of the world, is the SILK MANUFACTURE. France's total production of silk is not far short of one third of the total production of the world. LYONS (466,000), on the Rhone, is the chief seat of the industry, having had this pre-eminence ever since the Jacquard loom was invented there at the beginning of this century. Its production is not far short of three fourths of the total production of the country. The most important manufacture of France, however, is her manufacture of WOOLLENS. In this manufacture she comes next after Great Britain, her total production being a little ahead of that of both Germany and the United States. Her woollen mills number over 2000. Her consumption of wool for this industry is about three fourths that of Great Britain, but the value of her production is only two thirds that of Britain. LILLE (216,000) and RHEIMS (108,000) are the chief seats of the woollen industry. Of about equal value with the woollen manufacture of France is its HARDWARE manufacture, but the importance of France's hardware manufacture is national rather than international. Of next importance is the manufacture of COTTONS and LINENS. The chief seats of these industries are, for cottons, ROUEN (113,000), the "Manchester of France," and for linens, LILLE. Near Lille is CAMBRAI, the chief place of manufacture for that finer class of linens known as cambrics. A second distinctive manufacture of France is that of GLASS and PORCELAIN. In this manufacture France quite equals Great Britain in respect of value, and surpasses her in respect of the artistic character of the wares. LIMOGES (77,000) and ST. CLOUD (near Paris) are the chief seats of the French porcelain manufacture. It is at St. Cloud that the celebrated "Sèvres" porcelain is made. PARIS AND THE GREAT SEAPORTS OF FRANCE Paris (2,536,834) is, of course, the chief trade centre of all France, but the trade interests of Paris are general rather than special. The manufactures that are most localised in Paris are those of articles of luxury, such as jewellery, perfumery, gloves, fancy wares, novelties, and fashionable boots and shoes. Paris is also a great financial centre. MARSEILLES (442,000), one of the oldest cities in Europe, is the great seaport of France. Its trade amounts to over $350,000,000 annually, and it ranks next after Hamburg among the great seaports of central Europe. Its specialty is its great trade with the Mediterranean and the East. The opening of the Suez Canal has been of incalculable advantage to Marseilles. Next as shipping port comes HAVRE (119,000), at the mouth of the Seine, with a total trade not far short of that of Marseilles. Havre is in reality the port or "haven" of Paris. It is the great depot for French imports from North and South America. These comprise principally cotton, tobacco, wheat, animal produce, and wool. Its import of South American wool is enormous, for three fourths of the wool used in France now comes from the region of the La Plata. Recently the Seine has been deepened and now both Rouen and Paris may be considered seaports. By this means Paris has direct water communication with London, and is, indeed, the third seaport in the country. Next comes BORDEAUX (257,000), the chief place of export for French wines and brandies. About twenty years ago the wine industry of France suffered tremendous loss from the ravages of the insect phylloxera. Over 4,000,000 acres of vineyard, representing a value of $1,000,000,000, were wholly or partially ruined by this terrible pest. The plague, however, has now been stamped out, but nearly 2,000,000 acres of vineyards have been permanently destroyed and have been devoted to potatoes and the sugar-beet root. The result is that the production of wine in France is now less than what is needed for home consumption, and over fifty per cent. more wine is imported than is exported. The remaining great shipping ports are DUNKERQUE (40,000) and BOULOGNE (37,500). CALAIS (57,000) has a great passenger trade with England. III. THE TRADE FEATURES OF GERMANY GERMANY THE MOST PROSPEROUS NATION IN CONTINENTAL EUROPE The greatest and most prosperous commercial nation in the old world after Great Britain is Germany. Its population is 52,000,000, as against France's 38,500,000; and while France's population is scarcely increasing at all, Germany's population is increasing the most rapidly of any in Europe. Since the Franco-Prussian war France has gained in population only a little over 2,000,000, while Germany in the same time has gained 12,000,000. In the middle of the present century the populations of Germany and France were equal, being each about 35,000,000. Since that date Germany's population has increased by about fifty per cent. and France's by only about ten per cent. Similarly, the commerce of Germany not only greatly exceeds that of France, but is growing much faster than that of France. The total exports and imports of Germany, exclusive of bullion, now foot up to nearly $2,000,000,000 a year. The total exports and imports of France, exclusive of bullion, foot up to only $1,500,000,000 a year. The total commerce of Germany is therefore about one third more than that of France. At the close of the Franco-Prussian war the total commerce of France considerably exceeded that of Germany. THE CHARACTER OF GERMANY'S INDUSTRIES CHANGING Germany, like England, is rapidly changing the character of her industries and becoming a manufacturing and commercial nation instead of an agricultural nation. This is the cause of her well-known anxiety to secure control of territories in Africa, Asia, etc., as exclusive markets for her manufactures, for, unlike England, Germany is at present a believer in exclusion in trade, both at home and in her colonies. Fifty years ago about four sevenths of the people of Germany were engaged in agriculture; now only about one third of the people are so employed. The growth of the great cities of Germany is eight times faster than that of the rural districts, and in fifty years the aggregate population of the six largest cities of the empire--Berlin, Hamburg, Leipzig, Munich, Breslau, and Dresden--has grown sixfold, namely, from 600,000 to 3,600,000. In fifty years, too, the manufactures of Germany have nearly doubled, the commerce nearly trebled, the shipping increased more than fivefold, and the mining output more than sixfold. While all this is true, it nevertheless is also true that the area of cultivated soil in Germany is double what it was fifty years ago. But this is because much land, formerly waste or in pasture, has been brought under cultivation. Yet even now only one half of the land of Germany is cultivated, and thirty-three per cent. of the total food consumption of the people has to be imported. Fifty years ago only five per cent. of the total food consumption was imported, and this small fraction consisted almost wholly of luxuries. GERMANY'S SUCCESS IN TECHNICAL EDUCATION [Illustration: Approximate size of the German Empire. NOTE.--The population of that part of the United States included within the circle is about 10,000,000. The population of the German Empire is about 52,000,000.] Germany's prosperity and progress cannot wholly be measured by statistics. No one can predict what it will be, for it is partly based upon elements that unfortunately other countries have not taken much account of. Germany pays greater attention to the PRACTICAL EDUCATION of her people than any other nation in the world. Her system of technical education extends over the whole empire, and provides technical instruction for every class of the people and for every occupation of the people--night schools for those already engaged in life's work, agricultural schools, forestry schools, commercial schools, mining schools, naval schools, and schools in every branch of manufacturing industry, besides, of course, schools for the education of those intending to follow the learned professions. As a consequence of this very general provision of technical education, there is engaged in German manufacturing pursuits a class of workmen not found in the workshops of any other country--men of industrial skill and experience, and at the same time of the highest scientific technical attainments in the branches of science that bear particularly upon their work. These men work at salaries that in other countries would be considered absurdly low. In almost all other countries the possession of a sound scientific education is a passport to social distinction, and every profession is open to him who is deserving to enter it. In Germany, however, the learned professions, and especially the official positions of the army and navy, are almost the exclusive preserves of those who are born to social rank. The educated commoner, therefore, has to betake himself to manufacture, trade, or commerce. It follows that scientific skill and intelligence are more generally diffused in German commercial industries than in those of all other nations. So far, however, the German artisan has not been the equal in special technical skill of his more rigidly specialised English competitor, and as a consequence of this more than one sixth of Germany's total imports consist of goods brought from England--principally the finer sort of textile fabrics and articles of iron and steel. This inferiority in specialisation in the German workmen cannot continue long, and the successful rivalry of Germany with the manufacturing pre-eminence of Great Britain may soon be a startling fact. GERMANY'S MINES AND HARDWARE MANUFACTURES It is in the development of her mines and of manufactures in which MINERALS are employed that Germany has made most noticeable progress. She produces four times as much coal as France, and she has over 1000 separate iron-mines. Her production of iron has increased tenfold in fifty years. She employs over 400,000 men in her mines, and by the use of labour-saving machinery one man can now produce as much as three men could produce fifty years ago. Her HARDWARE manufactures are one sixth of her total manufactures, and in the past half century they have increased sixfold. They are now double those of France, and are only one fourth less than those of Great Britain. She has 750 factories devoted to the making of machinery alone. Two of these--Krupp's at Essen, and Borsig's at Berlin--are among the largest in the world. Krupp's employs 20,000 men, has 310 steam-engines, and covers an area of 1000 acres. Borsig's employs 10,000 men, and in fifty years, starting from nothing, has turned out nearly 4000 locomotives. One of Krupp's hammers (a fifty-ton hammer) cost $500,000. GERMANY'S INTERNAL TRADE Germany's commercial energies up to the present have been mainly concentrated on her INTERNAL TRADE. The total amount of this trade foots up to $7,000,000,000, against France's $6,000,000,000, and in fifty years it has trebled, while that of France has scarcely doubled. Germany has more miles of railway than any other country in the world except the United States, her mileage being nearly 30,000, against France's 25,000 and Great Britain's 21,000. Her natural and artificial waterways are also the best in Europe, and her vast production of mineral wealth is transported from mine to foundry and factory, and her vast production of lumber and grain is transported from forest and field to seaport, largely by means of water carriage. The Rhine, the Elbe, the Oder, and the Vistula are all navigable throughout their whole courses through German territory, while the Weser and the Danube are also navigable throughout great parts of their courses. All these navigable rivers are interconnected by canals. The total length of possible river navigation is nearly 6000 miles, while the total length of canals and canalised rivers is 2700 miles. Besides, in 1895 there was completed the Kaiser Wilhelm Canal, a lockless sea-going vessel canal, twenty-nine feet six inches deep and sixty-one miles long, connecting the North Sea and the Baltic, and constructed at a cost of nearly $40,000,000. This canal effects a saving of almost one whole day for commercial steamers, and of three days for all sailing-vessels, engaged in the Baltic and North Sea trade. GERMANY'S FOREIGN TRADE But while it is true that Germany's internal trade is her most important trade, it is also true that her FOREIGN TRADE has during the last half century made more progress than that of any other European country, and during the last three or four decades more progress than even that of the United States. Since 1840 it has increased six and two third times, while that of Great Britain has increased six times, and France only four and one fifth times. It is now second in the world, being more than half of that of Great Britain, ahead of that of the United States,[1] and very considerably ahead of that of France, while in 1860 it was much less than half of that of Great Britain, less than that of the United States, and considerably less than that of France. Germany, however, is not well favoured with respect to seaports, for in its transmarine trade it is largely dependent on foreign seaports--namely, ports in Belgium, Holland, France, Italy, and Austria. Rotterdam in Holland and Antwerp in Belgium are much more favourably situated with respect to the commerce of its chief mining and manufacturing regions than any of its own ports. There are only two German seaports with water of depth sufficient to accommodate the deep-drawing vessels in which foreign commerce is now mainly carried on--namely, CUXHAVEN, the outport of Hamburg, sixty-five miles from Hamburg, and BREMERHAVEN, the outport of Bremen, thirty-five miles from Bremen, though recent improvements in the navigation of the Elbe allow vessels of even twenty-six feet draught to ascend the Elbe wholly to Hamburg. But HAMBURG (625,000), for the reason that for centuries it was a free port of entry, has built up a very large foreign trade, being the fifth in the world in this respect, London, New York, Liverpool, and Rotterdam, alone being ahead of it. Hamburg's foreign trade is almost one half greater than the whole foreign trade of all other German ports put together, while the foreign trade of Bremen is about one fourth that of Hamburg. BREMEN, like Hamburg, was for centuries a free port of entry, but in 1888 both Hamburg and Bremen gave up in great part their free port privileges and entered the general customs union of the empire. Both cities were extremely loath to give up their ancient unique commercial privileges, for they feared an immense loss of trade in doing so, but it was hoped that what they lost in foreign commerce would be made up to them in increased commerce with other parts of the empire. One reason for the great development of Germany's foreign trade in late years is found in the facilities that it possesses for rapid transit to and from Italy by means of tunnels through the Alps. [Illustration: North central Germany, showing the ship canal and the leading commercial arteries.] FOOTNOTE: [1] During the last two or three years the foreign trade of the United States has greatly expanded and has exceeded that of Germany, and is making a close push upon that of Great Britain. The above statement was intended to represent the situation as existing during a period of some years. THE SPECIAL TRADE CENTRES OF GERMANY BERLIN (1,700,000), the capital of the empire, is a chief seat of machinery manufacture. For many years FRANKFORT-ON-THE-MAIN enjoyed the pre-eminence of being next to London the greatest money market in the world; but since the establishment of the German Empire Frankfort's financial business has been absorbed by Berlin. LEIPZIG (400,000) has the distinction of being the seat of a book-publishing trade that turns out over 60,000,000 volumes in a year, amounting in value to $30,000,000. Leipzig has also the honour of being the greatest fur market in the world. DANTZIG (120,000) is Germany's chief port on the Baltic, and the chief seat of its great export trade in timber, grain, flax, hemp, and potatoes. Its harbour, however, is closed in winter because of ice. DRESDEN (330,000) is noted for its porcelain manufacture, but the porcelain is not manufactured chiefly in Dresden, but in MEISSEN, fifteen miles from Dresden. MUNICH (407,000) manufactures largely the national beverage, beer. Finally, NUREMBERG (162,000), in southern Germany, is remarkable for its continuance into modern days of manufactures for centuries carried on domestically. Of these the most noted are watches, clocks, pencils, and toys. IV. TRADE FEATURES OF SPAIN AND ITALY ITALY, TURKEY, AND SPAIN, THE THREE DECADENT NATIONS OF EUROPE The Mediterranean from the very earliest epochs of civilisation has been a chief highway of trade, and along its shores every sort of commercial activity has been prosecuted. For centuries and centuries the nations upon the borders, especially those upon its northern borders, were the leading nations of the world, and their empire, indeed, comprised the empire of the world. But during the last two or three centuries, and especially during the nineteenth century, commercial pre-eminence and pre-eminence in empire have departed from the Mediterranean. Italy, the ruler of the whole ancient world, and even in modern times a ruler of almost equal potency; Turkey, during the middle ages a chief power both in Europe and in Asia; Spain, for two centuries at the beginning of our modern epoch a chief power in Europe and the mistress of almost the whole Western world as well,--these countries have all sunk to positions of comparative insignificance, and Italy alone shows signs of effectual regeneration. And yet on the whole earth's surface there are no lands more richly endowed by nature as abodes for man than Italy, Turkey, and Spain. SPAIN: ITS TRADE AND ITS SPECIAL TRADE CENTRES Spain, because of the varied climate of her several parts, is capable of producing almost all the edible fruits and grains known to both temperate and tropical regions. Though there are some desert areas, a great portion of the soil is abundantly productive, and were agriculture pursued with the same skill as it is in other countries--in England and Scotland, for example--Spain would be one of the richest agricultural regions on the globe. But not only is agriculture very inefficiently pursued, but the country is also sparsely inhabited (only 90 to the square mile, as compared with 270 to the square mile in Italy) and only one fourth of it is cultivated. As a consequence only those products are raised in Spain in which, because of her advantages of climate, etc., she has least competition. The principal commercial agricultural product is WINE, the vine being cultivated in every province in the kingdom. Six hundred million gallons of wine are raised annually, which is more in value than the total quantity of grain raised. Only one fifth of this, however, is exported (principally to France), and even of this the greater portion is wine of inferior grade, used for mixing. The remaining agricultural products of Spain exported are chiefly oranges, lemons, grapes, raisins, nuts, olives, and onions. Of these over $15,000,000 worth go to England annually. England and France, indeed, enjoy the great bulk of Spain's foreign trade, but of late years Germany and the United States are taking a small share of it. The MINERAL WEALTH of Spain is enormous, and as the mines are often controlled by foreign capital they are worked with energy. The iron ore of the Basque provinces of the north and the copper ore of the district about Cadiz have been renowned for ages. Thirty-five million dollars' worth of copper, iron, lead, silver, and quicksilver are exported to Great Britain annually. There are manufactures of cottons, woollens, linens, and silks, but none of these can be said to be very prosperous, although during the last twenty-five years, owing to a high protective tariff, the quantity of raw material used in textile manufacture in Spain has doubled. Spain produces excellent wool, but her woollen manufacture is unable to use it all and one fourth is exported. Similarly, although Spain is especially rich in iron-fields, she gets about one third of the hardware she needs for her own consumption from England. The total area of Spain's COAL-FIELDS is estimated at 5500 miles, but hitherto little coal has been mined, partly because it is somewhat inaccessible. Four million dollars' worth of coal is annually imported from England. Whole mountains of ROCK SALT exist, but little is mined and none is exported, although bay salt obtained in the south is exported to the fishermen of Cornwall. Another important export is ESPARTO GRASS, which is sent to England to be used in paper-making. And still another is CORK, although Portugal, which adjoins Spain, is the chief seat of the cork-producing industry. MADRID (470,000) is the capital and largest city. BARCELONA (250,000) is the chief seaport of Spain and the chief manufacturing centre. VALENCIA (145,000), in the southeast, and SEVILLE (135,000) and MALAGA (115,000), in the south, are the principal seats of the fruit export trade of the country. CADIZ (65,000), Spain's principal naval seaport, has a famous export trade in sherry wines. The total population of Spain is 17,500,000. [Illustration: Spain compared in size with California.] ITALY'S LAMENTABLE CONDITION Italy's condition is in some respects better than that of Spain, but in others worse. Its population is 30,500,000, being three times more to the square mile than that of Spain, and fifty per cent. more to the square mile than that of France. Since 1830 the population has increased forty-five per cent., and this notwithstanding the fact that the loss by emigration is equal to one half of the natural increase from the surplus of births over deaths. Two million people of Italian birth are to-day residing in foreign countries. Again, the Italians, except those in the southern parts (the Italians of Naples and vicinity, for example), are the MOST INDUSTRIOUS PEOPLE in Europe, with a special aptitude for gardening and tillage. In fifty years they have reclaimed 20,000,000 acres from forest, and increased the area of land under cultivation by one hundred per cent. In fifty years, too, they have trebled the amount of capital invested in agriculture. Since 1860 they have increased the amount of material which they use in their textile manufactures (cotton, wool, silk, and linen) nearly fivefold. Since 1850 they have increased their external commerce two and one half times. Finally, since 1830, they have increased their internal trade two and one quarter times. But all these signs of prosperity in Italy are negatived by the constantly increasing magnitude of her NATIONAL DEBT. This now amounts to more than $2,500,000,000, or more than two and one half times the total net national debt of the United States, and about one fourth more than the total national, state, county, municipal, and school-district debts of the United States. And this vast debt for a people of 30,500,000 is exclusive of the provincial and communal debts, which amount to $275,000,000 additional. Italy since her reorganisation as a kingdom in 1870 has set out to be a first-class military and naval power, and the cost is more than she can stand. She has a permanent army of nearly 800,000 men, 250,000 of whom she keeps under arms constantly. She has a fleet of seventeen battleships, two coast-defence ships, eighteen cruisers, and 272 torpedo craft, most of these being of modern type and first-class rating. She spends on her army nearly $50,000,000 annually, and on her navy nearly $20,000,000 annually. This, with an annual interest payment of $115,000,000, all unproductive expenditure, makes a demand upon her revenue that is draining her people of their life's blood. EVERY SORT OF TAXATION is resorted to--direct and indirect; land, house, and income; succession duties, registration charges, and stamps for commercial papers; customs, excise and octroi; besides government monopolies; and all this exclusive of communal taxation. And yet since 1891 there has been an annual deficit of national revenue under national expenditure averaging $2,250,000. As a consequence of these taxes, and of the repressive effect they have upon industrial enterprise, the net earnings of the country per inhabitant are lower in Italy than in any other European state except Turkey, Russia, and Greece--lower, even, than in the Danubian states and Portugal and Spain. ITALY'S TRADE AND SPECIAL TRADE CENTRES The most distinctive natural product of Italy is SILK, and the amount of raw and thrown silk exported is about $57,500,000 annually. Silk culture is carried on all over the kingdom, though the industry flourishes most extensively in Piedmont and Lombardy, in the north. Over 550,000 people are engaged in rearing silkworms, and the annual cocoon harvest approximates 100,000,000 pounds. Silk-"throwing," or-spinning, is the principal manufacturing industry, and the amount of silk spun and exported is about 45,000 tons, most of which goes to France. After silk the products of the country that constitute the principal exports are OLIVE OIL, FRUIT (oranges, lemons, grapes, almonds, figs, dates, and pistachio nuts), and WINE (in casks). The olive-oil export and the fruit export are each about a fifth of the export of silk, and the wine export about a sixth. Other important and characteristic exports are raw hemp and flax, sulphur, eggs, manufactured coral, woods and roots used for dyeing and tanning, rice, marble, and straw-plaiting. The principal import is WHEAT, for agriculture, though generally pursued, is still in a backward state of efficiency, and the average grain crop is only one third what it is in Great Britain. One eighth the total amount of wheat needed to support the people has to be imported. In fact, the total amount of food-stuffs raised in the kingdom is much less than the amount required, being, for example, per inhabitant, not more than one half of what is raised in France. In particular, there is a deficiency of meat, and the amount of meat raised per inhabitant is the lowest in Europe. As a consequence the Italians are poorly fed, and it is estimated that four per cent. of the annual death loss is occasioned by impoverishment of blood due to insufficiency of wholesome food. After wheat and raw cotton, the next principal import is COAL, for Italy has no workable coal-fields. As far as possible water power is used as a motive power instead of coal, especially in the iron industries. An important import also is FISH, for, owing to the great number of fast days which the Italian people observe, and to the dearness and scarcity of meat, fish is a very general article of consumption. Six million dollars' worth is imported annually, and perhaps an equal amount is obtained from local fisheries, for there are over 22,000 vessels and boats and over 70,000 men engaged in this industry. After silk-throwing, the most characteristic Italian manufacturing industries are those which are of an artistic or semi-artistic nature, such as the making of fine earthenware, porcelain, glassware, mosaics, and lace. VENICE (154,000) and GENOA (225,000) are still the principal seaports and trade centres of Italy, but in commercial importance these famous cities are only the mere shadows of what they once were. NAPLES (529,000), the largest city, is a place of little enterprise, for its imports, principally cereals, are three or four times the value of its exports, which are mainly cheap country produce. MILAN (457,000) and TURIN (348,000) are the great trade centres of the north interior, and the most prosperous places in the kingdom, being the chief seats of the silk-throwing industry. Milan is also the chief seat of the Italian cutlery manufacture. PALERMO (284,000) and MESSINA (150,000), in Sicily, are the chief ports for the export of Italian fruits, and also of Italian fish (anchovies, tunnies, etc.). ROME (474,000) and FLORENCE (207,000) owe their chief importance to their art interest and to their historic associations, but Florence has an important manufacture of fine earthenware and mosaics. Rome is the chief seat of government. CATANIA (127,000), in Sicily, is the chief seat of the Italian sulphur export trade. LEGHORN (104,000), the port of Florence, is the chief seat of the export straw-plaiting trade. It should be noted that notwithstanding Italy's extent of coast-line a large part of her foreign commerce is transacted northward by means of the railways that tunnel the Alps. [Illustration: Italy and its chief commercial centres.] V. THE TRADE FEATURES OF RUSSIA RUSSIA, A COUNTRY WHOSE FUTURE IS A PROBLEM The position of Russia in the world is a sort of problem. Its area is immense. More than one seventh of the land surface of the globe is included within its compact borders. Of this vast territory the area of European Russia alone is only a fourth; but even so it is larger than the area of all other European states put together. The population of Russia is over 129,000,000, of which over 106,000,000 belong to European Russia. But taking even European Russia this is a population of only fifty-four to the square mile, the lowest proportion in Europe, except in Sweden and Norway. And the population is increasing. The birth rate is the highest in the world. And though the death rate is very heavy, being fifty per cent. more than it is in England, the increase from births is so great that the population doubles in forty-six years. There is thus apparently a prospect that Russia will, in the near future, play an important part in the drama of nations, her capacities and capabilities for growth seem so prodigious. And yet there is a reverse side to the picture. Of the 106,000,000 inhabitants of European Russia 10,000,000 belong to a cultured, progressive class, quite the equal of any people in Europe. But the remainder are principally a low grade of peasantry, not long removed from slavery. The principal occupation of these peasantry is farming. But their farms are small, not more than ten acres apiece, and the total revenue they get from them does not average more than $65 a year per farm. The food of these peasantry is the poorest in Europe. In the main it consists of rye bread and mushroom soup, worth about four cents a day. The houses are often mere huts, not more than five feet square. Women as well as men work in the fields, and yet the total amount of food raised is not more per head of population than one tenth of what is raised by the peasantry of France. The value of food raised per acre, too, is but little more than one third of the average per acre for all Europe. [Illustration: Russia, the British Empire, the United States compared.] RUSSIA A COUNTRY OF SOCIAL EXTREMES The degradation of the peasantry of Russia is not simply material. It is also moral. In the language of a recent traveller, "they are the drunkenest people in Europe." The principal intoxicant is a sort of whisky called "vodka." With drunkenness exist also dirtiness, idleness, dishonesty, and untruthfulness. And as yet little has been done to ameliorate this degradation. Ignorance prevails everywhere. Even of the young people of the peasant class more than eighty per cent. can neither read nor write. There is no middle class. The gulf between the upper class and the lower is so wide as to be absolutely impassable. And for the most part the upper class is quite content to have this state of affairs continue. THE "ARTELS" OF THE RUSSIAN PEASANTS There is, however, some hope for the lower classes of Russia. This is because of the prevalence among them, especially in villages, towns, and cities, of a communal custom in which self-restraint and self-government are necessary conditions of existence. In every branch of common industry "artels" are found; that is, communistic organisations, where all labour for a common purse in accordance with rules and regulations determined by the members of the organisations. These "artels" have done much toward increasing the industry, the honesty, the truthfulness, the thrift, and also the sobriety of their members. They exist throughout all Russia, but in some parts more prevalently than in others. As yet, however, they scarcely affect the character and condition of the rural peasantry, and it is these who are most in need of elevation. It should be said, too, that the government is doing something to lessen the evil of drunkenness. RUSSIA PRINCIPALLY AN AGRICULTURAL COUNTRY Russia's principal business is AGRICULTURE. More than one half her whole internal trade is agricultural. Her agricultural products are one and one half times greater than the products of her manufactures and ten times greater than her mining products or her imports. And though her production of grain per acre is the lowest in all Europe except Italy, Spain, and Portugal, and her total production of all food products per acre by far the lowest in Europe (not more than one third that of Spain, which is next lowest), yet she manages to export a larger quantity of GRAIN than any other country in Europe, France only sometimes excepted. Russia's export of grain for some years past has averaged 266,000,000 bushels a year. Her export of WHEAT alone has averaged 94,000,000 bushels a year, or considerably more than a fifth of the total wheat export of the world. The explanation of this enormous export of wheat from so poor a country is that three fourths of the people live on rye. Among the peasants wheat bread is practically unknown, and nothing could be more pathetic than the hard rye lumps which passed as bread during the last famine. Other agricultural exports (besides grain) are flax, hemp, oil-seed cake, linseed and grass seed, butter, eggs, wool, hides, and hogs' bristles. Wood, lumber, and timber are also extensively exported. England is Russia's best customer. The amount of England's annual importation of the above products (including grain) exceeds $112,000,000. RUSSIA'S MINERAL WEALTH In MINERALS Russia is enormously wealthy, but the mining lands are not diffused throughout the empire but confined to definite areas. Nor can they be said to be energetically worked. The great gold-fields of the Ural mountains would not pay expenses as worked at present were they not supplied with convict labour. Owing to the heavy import duty which is imposed on pig-iron nearly all the iron now needed for the IRON manufactures of the empire is obtained at home, but this amounts to only 46 pounds per inhabitant, as against 810 pounds per inhabitant used in Britain. COAL is very abundant, especially in the valley of the Donetz, but fire-wood is so plentiful for domestic purposes, and water power so plentiful for heavy manufactures, that the amount of coal mined in all Russia is only one twelfth that mined in Germany, and only one twenty-fourth that mined in Britain. Over 2,250,000 tons of coal are imported despite very heavy protective duties. There is one mineral product, however, in which Russia excels all other European countries. This is PETROLEUM. The oil-springs on the Caspian Sea produce an annual yield of crude petroleum of an average value of $15,000,000. The value of the petroleum and petroleum products exported in 1896 was over $22,000,000. RUSSIA'S TRADE AND MANUFACTURES Despite Russia's resources in farm products and in minerals, yet, owing to the ignorance and degradation of her people, she is a poor country, and her exports are always more than her imports. Her total wealth per inhabitant is only $305, as against $780 per inhabitant for Germany, $1260 for France, and $1510 for Great Britain and Ireland. Her total foreign trade is only $5 per inhabitant, whereas the foreign trade of her neighbour, Germany, is $35 per inhabitant. Her total internal trade is only $50 per inhabitant, whereas even in Greece the internal trade is $65 per inhabitant, while in Germany it is $130 per inhabitant, and in the United States $215 per inhabitant. The reason of all this is the lack of energy and industry in the people. Their earnings per inhabitant average only 12 cents a day. Another reason is the lack of modern labour-saving devices. Comparing inhabitant with inhabitant, Russia has only one sixth of the steam power which Germany has. One half of all the manufactures of the country are produced domestically--that is, without motive power or machinery. No industry in Russia is fully up to the needs of the people when judged by the standards of other countries. For example, notwithstanding the severity of the climate, only two pounds of raw wool per inhabitant are consumed in Russia's woollen manufactures, as against seven pounds consumed in Germany, and the total annual value of all manufactures is only $20 per inhabitant, as against $56 in Germany, and $88 in Britain. Notwithstanding these unfavourable comparisons, the factory industries of Russia are making progress. In seventy years the textile factories have increased fivefold and in thirty years twofold. In sixty years the cotton-manufacturing industry has increased sevenfold, and in fifteen years twofold. Until recently Russia exported wool. Now she imports more wool than she exports. Ninety years ago in Russia iron was dearer than bread, and the peasants used wooden plough-shares and left their horses unshod. Now the consumption of hardware, though still per inhabitant the smallest in Europe, is yet in the aggregate the fourth in Europe, although even so it is only two ninths what it is in Britain. Beet-root sugar-making is also a new industry, and 500,000 tons are made annually, the number of sugar works being 235. The beet-root crop of the country amounts to nearly 6,000,000 tons annually. But the consumption of sugar per inhabitant is only seven pounds annually, as against eighteen pounds per inhabitant in Germany. A universal industry throughout Russia is TANNING, and Russia leather, with its fragrant birch-oil odour, is a highly prized commodity the world over. But the amount manufactured is only 114,000 tons yearly, and the quantity exported is inconsiderable. RUSSIA'S RAILWAYS AND NAVIGABLE RIVERS The most characteristic physical feature of European Russia is its _flatness_. In consequence its rivers are almost all navigable, and, as the most important of them are interconnected by canals, the facilities for transportation which they afford are very considerable. Altogether the length of inland navigation thus afforded amounts to nearly 47,000 miles. This abundance of navigation facilities has retarded the growth of railways, but there are already 25,756 miles of finished railway in European Russia alone. The total length of railway in all Russia built and in building is 34,849 miles. The most important railway enterprise in the empire is the Trans-Siberian Railway, which will afford through communication from the Baltic to the Pacific. The shortest possible distance between these two bodies of water is 4500 miles. The length of the railway will be 4950 miles, and its cost, it is supposed, will be $120,000,000. It is to be completed by 1905. RUSSIA'S CITIES AND TOWNS [Illustration: Moscow.] ST. PETERSBURG (with suburbs 1,267,000), the capital of Russia, is, like most European capitals, an important trade centre as well as the seat of government. Its manufactures are general and numerous, but the chief ones are those concerned in making munitions of war. Until 1885 St. Petersburg was not a seaport, but in that year a canal was built which now permits vessels drawing twenty-two feet of water to enter its docks. Its harbour, however, is closed with ice from November to May. Near St. Petersburg is REVAL, the chief cotton port of Russia. The raw cotton importation of Russia averages about $60,000,000 annually, most of which comes direct from the United States. MOSCOW (988,000), the ancient capital of Russia, is also a great manufacturing city, but its principal importance is derived from the fact that it is the great centre of the internal trade of Russia. WARSAW (615,000), the capital of Polish Russia, is a great railway centre, and the principal entrepôt of railway traffic between Russia and the rest of Europe. LÓDZ (315,000), also in Polish Russia, is the great cotton-manufacturing centre of the empire. ODESSA (405,000) is the chief seaport of Russia. It has an immense export trade in grain, tallow, iron, linseed, wood, hides, cordage, sailcloth, tar, and beef. RIGA (283,000), the chief port of Russia on the Baltic, has a large export trade with England in characteristic Russian produce. KIEFF (249,000) is the centre of the Russian sugar-refining industry. ASTRAKHAN (113,000), on the Volga delta, is noted for its sturgeon fisheries, and its export of caviare, amounting, it is said, to $1,500,000 yearly. TULA (111,000) is the Sheffield of Russia. Even in 1828 there were 600 cutlery establishments in Tula, but the manufacture was then principally domestic. It is now a city of factories, for it stands on a large coal and iron field. NIJNI-NOVGOROD (99,000) is noted for its fair, an Asiatic institution which modern civilisation will no doubt soon disestablish. Once a year merchants to the number of 200,000 come to Nijni-Novgorod from all over Russia, and even from India and China, to exchange their wares. The value of the exchange sometimes amounts to $100,000,000. ORENBURG (73,000), on the Ural, is the terminal depot of the caravan trade of Asiatic Russia. ARCHANGEL (25,000), on the White Sea, is the chief emporium of trade in the north, with exports of characteristic northern produce. BAKU, on the Caspian Sea, is the chief seat of the petroleum industry of Russia. All the towns and cities above named have grown enormously during the last twenty years. VI. THE TRADE FEATURES OF INDIA INDIA'S PAST AND PRESENT COMPARED To the student of civilisation India is one of the most interesting countries in the world. It has always been one of the most fertile and populous regions of the globe. For centuries it was thought to be one of the richest. In consequence it has, time and time again, been the scene of invasion, conquest, and spoliation. But its riches never consisted so much in natural treasure as in the savings of an industrious and frugal people. Since the year 1600 European nations have had much to do with India, especially England, France, Portugal, and Holland. During the last 140 years, however, England has been the dominant power there. Whatever may be said as to the motive of England's interference in India's affairs in the first place, it can only be said that the present influence of England in India is immensely beneficial to the country. India's prosperity on the whole is now comparable with that of any civilised nation on the globe. And a people that once, because of repeated conquest and spoliation, had lost all sense of honour and self-respect, are now, under the benign influence of peace, law, order, and security, rapidly becoming honourable, self-reliant, and enterprising, and ambitious to possess all the rights and privileges of modern civilisation. INDIA'S SIZE AND POPULATION India is a much larger and more populous country than most people think it to be. In shape it is somewhat like a huge kite, each of whose diameters is over 2000 miles long, or more than the distance across the Atlantic from Ireland to Newfoundland. Its TERRITORY is about 1,700,000 square miles. Of this area, over 1,000,000 square miles, a territory considerably greater than the territory of all the states of Europe (including the British Isles) except Russia, is directly under British control. The remainder is indirectly under British control. The POPULATION is 308,000,000, of which 236,000,000 are directly under British control and 72,000,000 indirectly so. This population is made up of people who speak seventy-eight different languages, of which twenty languages are spoken by not less than 1,000,000 persons each. INDIA'S GREAT FERTILITY India owes much of its fertility to the fact that its soil is constantly being replenished by alluvium brought down from its high mountains by its immense rivers. The valleys of the Indus (1800 miles long), the Ganges (1600 miles long), and the Brahmapootra (1500 miles long) include an area of 1,125,000 square miles, a part of which, the Indus-Ganges plain, consists of a great stretch of alluvial soil whose fertility is as rich as that of any portion of the globe. One hundred and eighty millions of people live in this plain. So finely pulverised is its soil that for a distance of almost 2000 miles not even a pebble can be found in it. And so fertile is it that there are some agricultural districts in the plain where the population exceeds 900 to the square mile. In that part of the plain which the Ganges waters, 60,000,000 of people find support on the soil by agriculture, at a density of over 700 persons to the square mile, which is 140 persons more to the square mile than the density of Belgium, the most thickly populated country in Europe. INDIA'S IRRIGATION CANALS AND RIVER EMBANKMENTS But, fertile as is the soil of India, and propitious to agricultural industry as is its climate generally, its climate is not always favourable. It suffers periodically from excess of drought. As a consequence artificial irrigation has to be resorted to, or much of this fertile country would oftentimes be a desert. In British India alone 28,000 miles of irrigation canals are under the control of the government, 14,000 of which have been constructed by the present (British) government--works of vast dimensions and the highest engineering skill. Altogether 28,000,000 acres in British India are dependent for their necessary supply of moisture upon general irrigation, and 8,000,000 upon irrigation canals. Were it not for these irrigation canals, 2,000,000 acres in Scinde (northwestern India) would be a perpetual desert, for Scinde is almost wholly rainless. On the other hand, in a great part of India the rainfall is excessive. Some districts indeed are the wettest on the globe. In Assam, for example (which is also one of the hottest places in India), the rainfall is 600 inches yearly, and it has been 650. As a consequence rivers in India often overflow their banks. Therefore to protect the country on the lower river reaches from floods the British government has built over 1500 miles of embankments. INDIA'S MINERAL RESOURCES At one time India was famed for its wealth in precious minerals and precious stones. Poets often celebrated its golden resources. But its wealth in this respect was always fabulous rather than real. India is in reality poor in minerals. It has a good deal of iron--iron of the choicest quality. It has also a good deal of coal, but its coal is poor, owing to its superabundance of ash. It has also a little copper and tin. It has gold-mines that are worked. Diamonds, too, are found in southern India, and numerously so. The celebrated Koh-i-nur (280 carats) was an Indian product. But neither diamond-hunting nor gold-mining is any longer a profitable industry in India. The principal mineral industry of India is salt-mining, pursued in the Punjaub, where there are solid cliffs of pure salt. Owing to the fact that the people of India are mostly vegetarians (250,000,000 of Hindoos would rather die than eat flesh), salt is a necessary article of diet and a universal commodity. Its production, therefore, is controlled by the government as a means of raising revenue. INDIA'S WONDERFUL AGRICULTURAL RESOURCES [Illustration: Comparative sizes of India and the United States.] The real wealth of India lies in the luxuriance and economic value of its VEGETATION. As a consequence the principal industry is AGRICULTURE. Only one tenth of the people live in towns. Two thirds of the adult males in the country are engaged wholly in tilling the soil. Every sort of agricultural product known to commerce is raised in India; for from the high levels on the mountain sides to the low levels on the coasts the vegetation of the whole world is produced within its borders. Even in WHEAT India competes in the world's markets with countries like Russia and Argentina. In 1896 British India had 19,000,000 acres of wheat under cultivation, and (though a dearth year) an exportation of $4,000,000. In 1892 the exportation was $25,000,000. The district known as the Central Provinces of India has become one of the most important wheat areas in the world. But the principal agricultural product of India is RICE. British India alone has 70,000,000 acres of rice under cultivation, and an annual exportation of $60,000,000. In all the coast regions rice is grown universally, and also in the lower parts of the river plains, especially in the Ganges valley. It is the staple food of the people everywhere except on the higher levels. On the higher levels millet and maize (corn) are the staple foods. The next important agricultural product of India is COTTON, of which $47,000,000 worth in the raw state is exported annually, besides what is used at home. The American civil war was the great cause of the starting of the cotton-growing industry in India. The next important agricultural product is JUTE, of which the export in the raw state is about $35,000,000. No country in the world can compete with India in the production of this fibre, for jute is very exhaustive of the soil, and in the Ganges valley, where it is principally raised, the soil is annually replenished by alluvium. A fifth great agricultural product is TEA, in which India now leads the world. England uses twice as much India tea as China tea, the reason being that India teas are produced with all the economic care of a high-class English or American manufactured product. The value of the tea export of India is about $27,000,000. Other chief agricultural products are OPIUM (which is a government monopoly), oil seeds, hides, and skins, INDIGO (in which India excels the world, the value of the export being $14,000,000), COFFEE (the best grown anywhere--except perhaps that of Arabia and Java--though the bean is sometimes injured in transit), raw wool, lac (for dyeing), cinchona or Peruvian bark (which since it has been raised in India, has greatly reduced the price of quinine), raw silk, raw sugar, tobacco, and spices. Spices are produced abundantly in India, but their quality is not equal to East Indian spices. Also the cotton, rice, sugar, and tobacco of India, though produced plentifully, are inferior in quality to those of the United States. Nor are the wheat and corn of India so good as the wheat and corn of the United States and Canada. Improved cultivation will, however, in time improve the quality of all these products. Of exports of natural products not agricultural the principal are WOOD (chiefly TEAK, the most valuable timber known for ship-building, and sal, a most valuable wood for carpentry) and saltpetre. INDIA'S GROWING MANUFACTURES Though India is now chiefly an agricultural country her people from time immemorial have been adepts in manufacturing. The domestic textile manufactures and the domestic metal manufactures of India were for ages among the most beautiful and ingenious in the world. These DOMESTIC MANUFACTURES are principally pursued in small villages, of which there are over half a million in India. But under the influences of modern civilisation introduced by British rule, the domestic industries of the country are now giving way to FACTORY INDUSTRIES. These have already become well established, and are rapidly increasing in number and importance. The stability of India as a nation is now so well assured that capital can be had there as cheaply as in England or the United States. Besides, co-operative or joint-stock enterprises are becoming common. The Indian people, with their natural aptitude for weaving, make the best of textile operatives, and India bids fair soon to become a formidable rival of Western nations in TEXTILE MANUFACTURES. In twenty years the cotton spindles have increased sixfold. In ten years the COTTON OUTPUT has increased twofold. Bombay has become one of the greatest cotton centres in the world, a sort of Liverpool and Manchester combined. It has practically shut the doors of India to English manufactured cottons of the cheaper grades. Bombay manufactured cotton is even sent to England in immense quantities, but the principal export is to China. The total export of Indian manufactured cotton is $23,000,000. Another important modern manufacture is that of JUTE. The jute factories of Bengal are now competing with those of Scotland, and the total export is $17,500,000. A similar development is expected in iron manufactures, for already iron-smelting has begun. But, notwithstanding these developments, India still remains a tremendous market for the manufactured goods of England, especially in cottons and hardware and machinery. The value of the annual cotton importation from England is $100,000,000, equal to the total of England's exportation of goods of every sort to the United States. The value of the annual hardware and machinery importation from England is $35,000,000. INDIA'S EXTERNAL AND INTERNAL TRADE The total yearly value of the EXPORTS of India amounts to the enormous sum of $350,000,000, more than a third of the total exportation of the United States for the banner year 1897.[2] Of this England receives about one half. The total yearly value of the IMPORTS of India (exclusive of bullion) amounts to $255,000,000, which is considerably more than a third of the total importation of the United States. Of this England sends out about two thirds. (India is therefore England's best customer, although from the United States England purchases vastly more.) Of the internal trade of India no statistics are available, but with the rapid advances in modern conveniences for doing business which the country is adopting, the internal trade is also enormously increasing. Already 20,290 miles of railway are built and opened, and 13,000 miles of canals and canalised river navigation. Railways are rapidly being constructed in every part of the country. Over 31,000 miles of metalled roads for highways and 106,000 of unmetalled roads are now maintained by the government as public works. There are 38,000 miles of telegraph routes. The government highways and canals as well as the railways are all splendidly engineered and solidly built works. The greatness of India is only just beginning. FOOTNOTE: [2] The total exports of the United States for the years 1898 and 1899 have exceeded $1,200,000,000, each year. In the year 1897 they were about $1,050,000,000. INDIA'S CITIES AND TOWNS CALCUTTA (862,000) is the capital of the empire of India and the second city in the British Empire. Although situated on an arm of the delta of the Ganges, eighty miles inland, Calcutta is an immense seaport, but its sea-going privileges can be maintained only by great engineering works, because of the silt which the Ganges is constantly bringing down and depositing in its seaward channels. Calcutta enjoys almost a monopoly of the whole trade of the Ganges and Brahmapootra valleys, and until the building of the Suez Canal it had almost a monopoly of the outward trade of the whole Hindustan peninsula. Its total trade is even yet very large, aggregating for outward and inward business together about $700,000,000 per annum, a sum which can be appreciated from the fact that it is about equal to the total import trade of the whole of the United States. BOMBAY (822,000), the second city of the Indian Empire, owes its eminence to three things: (1) the opening of the Suez Canal, which has made it the port of India nearest England; (2) the starting of the cotton-growing industry in India, owing to the American civil war (the cotton-growing district of India is adjacent to Bombay); and (3) the development of the railway system of India, which is making Bombay rather than Calcutta the natural ocean outlet for the trade of the country. MADRAS (453,000), the third city of India, is also the third seaport. But it has no natural harbour, and its shore is surf-beaten and for months together exposed to the full fury of the northeast monsoons. An artificial harbour, however, has recently been built. Besides the cities above mentioned there is one (HYDERABAD) with a population of over 400,000; there are two (LUCKNOW and BENARES) with a population of over 150,000 each, and eleven more with a population of over 100,000 each. There are besides forty-seven towns with a population more than 50,000 each, and over a thousand towns with a population of about 10,000 each. VII. THE TRADE FEATURES OF CHINA THE VASTNESS OF CHINA'S AREA AND POPULATION China, to the student of commerce, is the most interesting country on the globe. The reason for this is that its area is so large, its population so vast, and its chances for development so magnificent. The total area of the empire, according to late estimates, is 4,218,401 square miles. Other estimates make it 4,468,470 square miles. The greatness of this area may be understood from a few comparisons. It is about one twelfth of the total land surface of the globe. It is two and one fourth times the size of European Russia. It is almost one and one half times the total area of the United States, exclusive of Alaska. But all of this territory is not of equal commercial interest. The Chinese Empire consists of six parts: China Proper, Manchuria, Mongolia, Tibet, Jungaria, and Eastern Turkestan. Because of recent treaties, which give to Russia the right to build and "control" railways in Manchuria--ostensibly for the purpose of securing for the great Russian Trans-Siberian Railway a shorter route to Vladivostok, its Pacific terminus--MANCHURIA becomes practically a RUSSIAN POSSESSION. Turkestan, Jungaria, Tibet, and Mongolia are thinly inhabited countries, scarcely semi-civilised. But the part which remains when these "dependencies" are left out of consideration--CHINA PROPER--is at once one of the largest, most thickly populated, and most fertile countries on the face of the globe, and one also of the most richly endowed in mineral products. Its area is 1,336,841 square miles. Its population is 386,000,000. Its population per square mile is not far short of 300. That is to say, its area is more than eleven times that of Great Britain and Ireland, and almost one half that of the United States, exclusive of Alaska; its population is ten times that of Great Britain and Ireland, and more than six times that of the United States; while its population per square mile is greater than that of any European or American country except Great Britain (which, however, it nearly equals), Holland, and Belgium. In fact, more than one fourth of the total population of the globe is concentrated within the boundaries of China Proper. CHINA A COUNTRY OF GREAT TRADE POSSIBILITIES The great commercial nations of the world are now all trying to get shares of the trade of this VAST AND POPULOUS COUNTRY. For not only is China (Proper) large and populous, but it is also wealthy, for its inhabitants are both industrious and frugal, and, besides, as compared with the people of European countries they have been greatly spared the disastrous commerce-destroying effects of war, both foreign and internecine. Centuries ago the Chinese had made great progress toward civilisation. Their skill in the manufacturing arts, and in agriculture and horticulture, was for ages superior to that of Western nations. But, unfortunately for their advancement, they are conservative, self-conceited, and averse to improvement, especially if they have to learn improvement of others. As yet they have almost wholly ignored the ideas and methods of modern Western civilisation. They have scarcely any railways, but few steamships, almost no steam-power manufactories, and no telephones. The only modern improvement which they have made much use of is the telegraph. Some years ago (in 1876) a European company secured the privilege of building a short railway from Shanghai, but it was scarcely built before the government got fearful of its influence and bought it up and stopped its running. But the Chinese people are not averse to foreign trade; on the contrary, they are rather fond of it. If only the thing could happen in China that happened in Japan--that is to say, if only the government could fall into the hands of rulers who were open-minded to improvement and inclined to be progressive--the rush that China would make toward civilisation and the adoption of modern trade methods and modern processes of manufacture would be startling. CHINA'S FOREIGN TRADE At present the foreign trade of China is largely in the hands of the English. In the year 1896 the foreign export trade of China amounted to $167,000,000. Of this amount $132,500,000 was with Great Britain and her dependencies; $10,000,000 with the United States; something over $8,000,000 with the continent of Europe exclusive of Russia, and less than $2,000,000 with Russia. In the same year the foreign import trade of China was $102,500,000, of which $56,000,000 was with Great Britain and her dependencies; a little over $9,000,000 with the United States; $15,000,000 with the continent of Europe exclusive of Russia, and $12,500,000 with Russia. (The rest of her trade was principally with Japan.) The policy of the government of China has always been to prevent or restrict foreign trade; and even to-day foreign trade can be carried on in only twenty-six Chinese ports--the so-called "TREATY PORTS." The policy of Great Britain has been to secure by treaty as large a privilege of trading with China as possible; then to throw open the privilege to the world, but to follow it up with such commercial activity on her own part as would secure to her the lion's share of the resulting trade. Of the twenty-six ports now by treaty open to the world for trade, twenty-three have been secured by Great Britain and three by Japan. CHINA'S EXPORTS, IMPORTS, AND RESOURCES China's principal exports are TEA and SILK, tea constituting about one third and silk (principally raw silk) fully one half of her total export trade. Other principal exports are sugar, STRAW BRAID (one twentieth of her total exportation), hides, paper, chinaware, and pottery. Her principal imports are OPIUM and COTTON GOODS, opium constituting a fifth, and cotton goods considerably more than a half, of her total import trade. Other principal imports are woollen goods, metal goods and machinery, coal, and kerosene oil. A considerable importation is also made of raw cotton. But if China only had the blessing of an enlightened and progressive government this disposition of exports and imports would not long continue. China's resources of COAL are among the finest and certainly among the largest in the whole world. Her coal-fields, indeed, are estimated to be twenty times as great as those of all Europe combined. Much of this coal, too, is of the purest quality, and much of it very accessible to the miner. And near her coal-fields are vast deposits of some of the richest IRON ORES in the world. Again, a great portion of the soil of China is extremely fertile. There are indeed two regions, one of "RED SOIL" and another, much vaster, of "YELLOW SOIL," that are among the most fertile in the world. It is because of the extent and fertility of the yellow soil of China that "yellow" is the imperial colour, and the emperor called the "yellow lord." The climate, too, of China permits almost the whole range of useful vegetable products to be raised. The growth of COTTON is already very great, because for seven centuries cotton has been the staple cloth for the clothing of the people. And already it is being manufactured by modern machinery. But both the growth of cotton and its manufacture by modern methods would be enormously increased if only facilities for internal transportation existed, and freedom from unjust taxation could be secured. If, in short, China only had railways and a good and enlightened system of government her progress and prosperity would soon make the Western world envious. But her government is not only stupidly unprogressive, it is also disastrously wasteful. About seventy per cent. of the whole revenue of the country is lost to the public use through the malfeasance of officials. And only about 85 miles of railway have as yet been opened, although it must be said that 200 or 250 miles more are under construction. POSSIBILITIES OF INCREASED FOREIGN TRADE WITH CHINA There are, however, even now several ways in which foreign trade with China may be increased. Two of these are the supplying her people with WOOLLEN GOODS, and the supplying them with WHEAT and FLOUR. The winters of a great part of China are so cool that warm garments are necessary. At present these are made principally of padded cotton. Owing to the density of the population pasturage is scarce, and sheep are almost unknown. For an indefinite time, therefore, there will be a demand for woollen goods in China, a demand that will constantly increase as the superior convenience of woollen garments over garments of padded cotton becomes more and more known to the people. And though rice is now the staple food of the people even of all classes, the wealthy classes are fond of wheat bread and obtain it when possible. But the agriculture of the country does not permit of the profitable growth of wheat and flour, and wheat if used must be imported. THE PRINCIPAL TRADING CITIES OF CHINA The cities of China are large and numerous. PEKING (1,500,000?), the capital, is not open to foreign trade. In fact, it has no trade of any sort, and derives its whole importance from being the seat of government. But TIENTSIN (750,000), the port of Peking, and an important "treaty port," has a large trade, both foreign and local. Tientsin and Peking are connected by rail, and since the Russian government has obtained the right of connecting Peking with the Trans-Siberian Railway, it is more than likely that in time Tientsin will become a terminus of that railway. Of "treaty ports" other than Tientsin the principal are Shanghai, Hankow, Foochow, Hangchow, Amoy, and Canton. SHANGHAI (405,000) exceeds all other ports of China put together in the amount of its foreign trade. Its foreign trade is, indeed, almost three fifths of that of the whole empire. And of the total number of foreigners residing in China (in 1896 said to be 10,855, of whom 4362 were British subjects and 1439 Americans) about one half reside in Shanghai. Shanghai is, indeed, the New York of China, and if railways were only built from it (as has been proposed) to the capital, Peking, and up the Yang-tse-kiang to Hankow, and by way of the coast cities to Canton, China would begin a new era in her career. HANKOW (800,000), on the Yang-tse-kiang, about 700 miles from its mouth, is the chief emporium of the tea-producing area of China. Ocean-going steamships ascend the river to Hankow for their cargoes. FOOCHOW (650,900) also has a great tea export trade. HANGCHOW (700,000), one of the most beautiful cities in China, is also the chief city for the manufacture of silks, and of gold and silver ware, lacquered ware, and fans. AMOY (100,000) has the best harbour in China and an immense import trade, ranking in that respect next after Shanghai. CANTON (2,000,000?) is the largest city in the Chinese Empire. A considerable portion of its inhabitants live in boats. Of these "house-boats" there are said to be 40,000. The foreign trade of Canton is next to that of Shanghai. Once it was superior, now it is much inferior. Its manufactures, however, are still important and include silk, cotton, glass, porcelain, paper, sugar, lacquered ware, and ivory goods and metal goods. NANKING (150,000), once the capital of China and once the largest city in the world, is now comparatively a small city. Although a treaty port, its commerce is not important. It was once famous for its beautiful tower of porcelain, 200 feet high, but that is now destroyed. There are many other large cities in China. [Illustration: China and its chief trade centres.] HONGKONG HONGKONG (245,000) is a small island belonging to Great Britain situated in the mouth of the Canton River, seventy-five miles from the city of Canton. Its population is made up principally of Chinese, who have been attracted there by its trade privileges. The British population is only 13,000, even including the garrison of 2800. Almost the whole population reside in the capital, VICTORIA, for the island itself is a barren rock. Forty-four per cent. of the total foreign trade of China passes through Hongkong. Its harbour is one of the finest in the world. It has magnificent docks. Its port is entirely free, and there is even no custom-house. It is calculated that the foreign trade transacted by its merchants amounts to $100,000,000 a year, exclusive of what passes through its port without breaking bulk. The whole of the vast export trade of China in silk and tea is largely handled by Hongkong firms. Other commodities of which Hongkong is the chief trade centre for China are opium, flour, salt, earthenware, oil, cotton, and cotton goods and woollen goods, which it imports from other countries and exports to China; and sugar, rice, amber, sandal-wood, ivory, and betel, which it imports from China and exports to other countries. Its trade is not confined to Great Britain, but includes France, Germany, the United States, and all other trading nations. But of course Great Britain has the greatest share. VIII. THE TRADE FEATURES OF JAPAN JAPAN THE GREAT BRITAIN OF ASIA Japan consists of a group of islands situated to the east of the continent of Asia, somewhat as the British Isles are situated to the west of the continent of Europe. But the Japan islands are of volcanic origin and are very numerous. There are said to be 4223 of them. However, there are only four that are of important size, and it is these that are usually thought of when Japan is spoken of. The area of these four islands is 147,655 miles, which is almost a fourth more than that of Great Britain and Ireland. The population (census of 1895) is 42,270,620, which is 4,000,000 more than that of Great Britain and Ireland. The population per square mile is 286, which, though large, is not quite so large as that of Great Britain. If, however, we do not take into consideration the northern island (Yezo), which is still partly inhabited by uncivilised aborigines, the population per square mile is 375, which is considerably in excess of that of both China and Great Britain and Ireland, though still considerably less than that of England alone. The above statistics do not include the island of Formosa (area 13,500 miles, population almost 2,000,000), which was transferred from China to Japan in 1895, at the close of the late Chino-Japanese war. JAPAN'S WONDERFUL TRANSFORMATION The significant thing about Japan is the rapidity with which it has become transformed from a semi-civilised nation into one of the great nations of the modern world. Until the year 1868 Japan was an unprogressive, unenlightened country of the usual Asiatic type, scarcely differing in any way from an inland province of China of to-day. In that year a revolution took place which put the whole power of the empire into the hands of the present Mikado, or Emperor. Immediately Japan began to assimilate Western ideas of civilisation and to adopt Western methods of trade, commerce, manufacture, government, and education. Until 1889 the government remained an absolute monarchy. In that year the Mikado voluntarily promulgated a constitution by which a legislative Parliament, or "Imperial Diet," and an executive Cabinet of State Ministers were instituted, so that the government of Japan is now as "constitutional" as that of Germany or Great Britain. The government is in other ways thoroughly modern. Education, for example, is almost as well looked after as in Germany or New England. There are 220 kindergartens established, 97 technical schools, and 49 normal schools for the training of teachers (one being for the training of high-school teachers), besides elementary schools, middle schools, high schools, special schools (1263 of these), and universities. The University of Tokio is an imperial institution, supported entirely by the government, with colleges in law, science, medicine, literature, engineering, and agriculture. Education, between the ages of six and fourteen, is compulsory. The army, too, is wholly a modern affair. It consists of 285,000 men, and an idea of its modernness may be gathered from the fact that an important part of its organisation is its training schools and colleges. Even the non-commissioned officers are specially trained and educated. Altogether the students in the military schools and colleges of Japan number 2400. The navy, too, as is well known, is both modern and efficient. It consists of 5 battleships and 15 high-class cruisers, besides 46 other vessels,--torpedo craft, gunboats, convoy ships, etc.,--and it is intended to build an immense fleet of 19 battleships and cruisers, and 100 torpedo craft in addition. JAPAN'S AGRICULTURE Japan being of volcanic origin, much of its soil is unfit for cultivation. The total productive area amounts to less than thirty per cent., and even of this only a small portion is capable of being tilled by modern methods. At present only twelve per cent. of the whole surface of the country is devoted to agriculture, even including pasturing. There is, however, but little pasturing, and the principal implement of cultivation is the spade. The modern plough is unknown. But manure (principally domestic manure and fish refuse) is very generously used, and by this means the returns are abundant. The principal food crop is RICE. Other food crops are wheat, barley, and the soya bean, but these not numerously so. The principal cultivated products for purposes of commerce are the mulberry tree (for supporting the silkworm), the tea plant, the lacquer tree, and the camphor tree. Rice also is grown for export as well as for home consumption, and COTTON is very largely grown for home manufacture. No milk, butter, or cheese is produced, scarcely any meat, no wood, and scarcely any leather. (For boots and shoes paper is used instead of leather.) Of cattle there are only 1,000,000, as compared with 10,000,000 in the British Isles, although the population of Japan is considerably the greater. Of horses there are 1,500,000, and the raising of horses is much encouraged by the government, but principally for military purposes. Horses, indeed, are but little employed. In cities, for purposes of carriage and cartage, men are used instead of horses. Even in rural districts horses are unknown for farming purposes, and not even the hand-cart or wheelbarrow is used. Everything is carried. Fruit is much raised,--oranges, apples, walnuts, plums, peaches, and grapes,--but Japanese fruits are of very inferior quality. FLOWERS are raised everywhere in great variety and in great abundance, and the chrysanthemum is the emblem of the country and is used on postage stamps. JAPAN'S MANUFACTURES: THEIR FUTURE POSSIBILITIES The future of Japan depends upon its MANUFACTURES, but these also are not without their difficulties. The mineral wealth of the country is very great, principally in COAL and IRON. On the northern island alone (Yezo) the coal deposits are two thirds those of all Great Britain. Unfortunately, however, owing to the mountainous character of the country, railways in Japan are difficult to construct, and the transportation of coal or of ore is difficult and expensive. As the coal deposits and iron deposits are not near together charcoal has been used for smelting purposes. Iron, therefore, so far, has not been produced profitably, and its production has decreased. But silver is mined abundantly, and also KAOLIN, or the raw material used in the manufacture of the beautiful porcelain of the country. Copper and antimony are also large articles of export. The principal manufactures of Japan as yet are the TEXTILES, especially SILK and COTTON. In these modern methods are used, although so far the productions of the native domestic looms are superior to those of the factory looms. The production of textiles by machinery has increased fourfold in ten years, and now amounts to about $40,000,000 annually. This, however, is not a large amount, being less than the textile production of any important state in Europe, even Switzerland, or Sweden and Norway, and is only one twentieth that of the United States. Until recently the factory owner in Japan has had the advantage of cheap labour. But the Japanese artisan is also becoming "modernised," and is now demanding higher wages, and enforcing his demand by "strikes." And for all their deftness in domestic manufacture Japanese workmen are not yet as skilful in machine labour as British or American workmen. It follows, therefore, that textile manufacturing in Japan, especially the manufacture of cotton and wool, is not yet out of its tentative or probationary stage. But Japan, having the advantage of an extensive home market for cotton goods (like the Chinese, the Japanese common people wear cotton garments all the year round, in winter padding them for warmth), and having the raw material at her own door (she already grows a large proportion of all the raw cotton she needs), and having, too, an abundance of coal at hand, must needs become a great cotton-manufacturing country. The same conditions hold with regard to the possibilities of Japan's silk manufactures. POSSIBILITIES OF INCREASED FOREIGN TRADE WITH JAPAN As in the case of China, the possibilities of increased trade with Japan lie principally in WOOLLEN MANUFACTURES and in BREADSTUFFS. In addition there is a fair chance of increased trade in metal manufactures. The use of woollen garments in Japan in winter is extending even to the middle and working classes. And inasmuch as the country does not raise sheep, and is, indeed, not well able to raise sheep, such woollen clothing, woollen cloth, or raw wool as is used must be imported. Hitherto the woollen manufactures which have been established in the country have not been very successful, and the probability is that Japan's import trade in woollen clothing and woollen cloths will increase year by year. Similarly, from the fact that the agriculture of the country is not adapted to the growth of wheat, nor seems ever likely to be so adapted, and also from the fact that both the higher and the middle classes of Japan are rapidly adopting European and American habits of living, it is very probable that the importation of wheat and wheat flour into Japan will also continue to increase year by year. And from the difficulty there is of smelting iron cheaply it is probable that the importation of iron and iron goods (which in raw iron, iron and steel rails, iron small wares and nails, spinning and other machinery, and steel ships, already amounts to $8,000,000 a year) is likewise likely to increase greatly year by year also. JAPAN'S MODERN TRADE FACILITIES Owing to the irregular conformation of the surface of the country, good roads in Japan can scarcely be said to exist. But 20,000 miles of roads have been built, of which the state maintains about one fourth. There are also 2505 miles of railway, of which the state owns and maintains about one fourth also. There are 11,720 miles of telegraph routes, with 37,000 miles of wire; 520 miles of telephone routes, with 6347 miles of wire; and 387 miles of submarine cable routes, with 1481 miles of wire. The country also has a merchant navy of 827 steam vessels of modern type and 702 sailing-vessels of modern type, besides 668 native craft. Owing to the irregular and rocky nature of the coast-line and the great number of small islands which exist, numerous lighthouses are needed; but Japan's lighthouse system is one of the best in the world. JAPAN'S FOREIGN TRADE Japan has a foreign trade of $60,000,000 annually in exports and $86,000,000 annually in imports. Of the export trade the principal part, running from a fourth to a third, is with the United States. The next largest part is with France, the next with Hongkong, the next with China, and the next with Great Britain. But Great Britain's direct share is not more than a twelfth. Of the import trade the principal part, almost one third, is with Great Britain. The United States' share is about a twelfth, and that of France about one twenty-fifth. The principal exports are RAW SILK (about one third of the whole), SILK GOODS (about one tenth of the whole), TEA, coal, copper, rice, and matches. The export of matches amounts to $2,500,000 annually. Characteristic exports, though they do not figure largely in the total amount, are floor rugs, lacquered ware, porcelain ware, fans, umbrellas, bronze ware, repoussé work, paper ware and papier-mâché, fibre carpets, and camphor. There is also a large export of fish, shellfish, cuttlefish, edible seaweed, and mushrooms to China and other Asiatic countries. The chief import is RAW COTTON (almost one fifth of the whole). Other important imports are sugar (although she raises almost 100,000,000 pounds of sugar herself annually), cotton yarn, cotton goods, woollen cloths, flannels and blankets, kerosene oil, watches, and articles of iron and steel as above enumerated. The fishing industry is a very important one and over 2,500,000 people are engaged in it. The number of fishing-boats is about 400,000. The fish trade, which includes seaweed, is (when not for home consumption) principally with China. [Illustration: Japan's relation to eastern Asia.] JAPAN'S SPECIAL TRADE CENTRES The foreign commerce of Japan, like that of China, is allowed to be carried on only at certain ports, called "treaty ports," of which there are nineteen, the principal being Yokohama, Osaka, Nagasaki, Hakodate, Niigata, and Kobe. The two principal cities, not treaty ports, are Tokio and Kioto. TOKIO (1,300,000) is the capital and chief centre of the political, commercial, and literary activity of the empire. In many respects Tokio is a "modern" city. Its educational features are excellent. Its sanitation also is good. KIOTO (340,000) was formerly the capital, but after the revolution of 1868 it was superseded in this respect by Tokio. YOKOHAMA (170,000), distant from Tokio eighteen miles, is the chief place of the empire for foreign trade. Its foreign trade, indeed, is more than half that of the whole empire, being about $75,000,000 annually. OSAKA (487,000) is in respect to population the second city of the empire, but its foreign trade is not large and is carried on principally at HIOGO, a port near it. NIIGATA (50,000) is the only treaty port on the west side of Japan, the surf caused by the winter monsoon making the flat west coast of the country very dangerous for shipping for half the year. Other important ports are KOBE (161,000) and NAGASAKI (72,000). NAGOYA (215,000) is an important inland town. IX. THE TRADE FEATURES OF AFRICA AFRICA FIFTEEN YEARS AGO Within a period of about fifteen years the continent of Africa has been the scene of a vast partition. At the beginning of that period the amount of African territory that was subject to European control was comparatively small. The British were firmly established in South Africa, and had possessions along the coasts elsewhere principally in the west. The French were firmly established in Algeria and in Senegal. The Portuguese had their ancient settlements in Mozambique and Lower Guinea. Morocco on the northwest and Abyssinia in the northeast were more or less well-established governments that were independent. Egypt in the extreme northeast, with tributary possessions extending along the Nile into the far interior of the continent, was also a more or less well-established government that possessed a quasi-independence, though it was nominally dependent upon Turkey. But elsewhere, except in a few other places controlled by European authority, the whole continent may be described as having been in its original state of savagery or semi-savagery. No government existed anywhere that was either beneficent or stable. The slave-traffic abounded everywhere. EUROPEAN SPHERES OF INFLUENCE IN AFRICA The European governments that had possessions in Africa were all doing their best to suppress the slave-traffic. But they could not take very salutary steps in this direction without exercising authority beyond the territorial limits they were supposed to occupy. Gradually, for these reasons, and also for the reason that they were all anxious to extend their commercial dealings in Africa, they began to exercise authority beyond their old-time territorial limits. In this way began the establishment on the part of European nations of what are known as "spheres of influence" in Africa. At first England and France were the only nations that were at all active in establishing these spheres of influence. Later on Germany and Italy and other nations began to establish them also. Beginning, therefore, with the years 1883 and 1884 there has been a general establishment and gradual extension of these spheres until now the whole continent has been practically parcelled out among a few European powers. THE GREAT PARTITION OF AFRICA [Illustration: The partition of Africa.] The ancient empire of Morocco still exists in an independent state. Abyssinia, though Italy attempted to subjugate it, is again also independent. The little republic of Liberia is nominally independent. Some territory in the very heart of the Sahara or Great Desert is yet in its aboriginal independence. But elsewhere, throughout the whole continent, Africa is either British, or French, or German, or Belgian, or Portuguese, or Italian. Spain's holding is not worth mentioning. Italy's holding also is scarcely worth mentioning. Portugal's holding has not been increased in the recent "scramble"--only made more definite. France's holding, however, has been enormously increased, and is now the largest (3,300,000 square miles), although much of the French area is barren desert, and much of the rest of it uninhabitable by white people. Great Britain's holding also has been greatly increased, but not nearly so much so as it would have been if in the earlier years of the scramble the British government had not been singularly blind to the actions of other governments in the matter. Germany, too, has got a substantial holding (925,000 square miles). The Kongo Free State, which, though nominally independent, is practically under the suzerainty of Belgium, and must look to Belgium for the funds with which to promote its development, is also a substantial possession, being a little less than Germany's holding--900,000 square miles. GREAT BRITAIN IN AFRICA Great Britain's holding, however, in the partitioned continent comprises its best portions. Much of Africa is uninhabitable by white men. Wherever, however, white men can live--except in northern Africa--there Great Britain has managed to get control. Excluding the shore of the Mediterranean, the best part of Africa, considered from the view points of colonisation and commerce, is what is now known as "British South Africa." This is an immense area--an area of almost 1,000,000 square miles. It comprises (1) that whole southern portion of the continent known as Cape Colony, and (2) that portion of the great central plateau of the continent which extends from Cape Colony northward to Lakes Nyassa and Tanganyika--all except the two Boer republics, the Orange Free State and the South African Republic. British East Africa (800,000 square miles) includes the territory of Uganda, north of Lake Victoria, a territory which from the character of its native population and its possibilities of trade has been called the "pearl of Africa." British West Africa (500,000 square miles) includes the basin of the lower Niger, the most densely peopled area in all Africa, the seat of the great Fula-Hausa empire of Sokoto-Gandu, the wealthiest and greatest trading nation in the continent. Furthermore, in the northeast, Great Britain exercises "protectorate control" over Egypt--a control that is likely to be instrumental in reclaiming for Egypt, and thus for civilisation and commerce under British authority, the whole of Egypt's ancient possessions along the Nile as far at least as Uganda. The total area of the British possessions in Africa, exclusive of the two Boer republics and Egypt, is over 2,300,000 square miles. THE "DOMINION OF SOUTH AFRICA" "South Africa" is practically "British South Africa." The German portion is either largely barren or else inaccessible. The Portuguese portion is only a narrow strip along the east coast, much of which is too unhealthy for habitation other than by natives. The two Boer republics are rapidly filling up with British people, are being developed by British capital, and must in time become confederated with the states that environ them. One of them, too, is already under British suzerainty. British South Africa, however, is as yet only a name. It has no real existence except in hope. The aspiration of statesmen in southern Africa is that all the territories of southern Africa under British control shall form one confederation, and that in this confederation the Orange Free State and the South African Republic shall join. The territories entering into this confederation would therefore be as follows: The self-governing colonies of Cape Colony and Natal, the crown colony of Basutoland, the protectorates of Bechuanaland and Zululand, the territory now administered by the British South Africa Company, popularly known as "Rhodesia," and the British Central Africa protectorate, with in addition the two Boer republics previously mentioned. The length of this proposed South African dominion would be 1800 miles. Its width would be from 600 to 800 miles. And, as said above, its area would be about 1,000,000 square miles. Mr. Stanley predicts that in a hundred years the "Dominion of South Africa" will have a white population of 8,000,000, and a coloured population of 16,000,000. SOUTH AFRICA'S AGRICULTURAL POSSIBILITIES Of South Africa as above defined Cape Colony and Natal are at present the most important portions. Their climate is in some respects the finest in the world. Their soil is of remarkable richness. The number of distinct species of indigenous plants found upon it is greater than for any other equal area on the globe. The same remark was once true of the animals found in South Africa, which again is testimony to the great fertility of the soil. But a serious drawback is the insufficiency and uncertainty of the rain supply. Irrigation, however, is practised, and wherever irrigation is possible the land may be made to blossom like the rose. Agriculture, however, is only indifferently pursued. The VINE in Cape Colony produces more abundantly, very much more abundantly than anywhere else in the world, and yet neither grape-raising nor wine-making can be said to be successful. PASTURING is the principal occupation of the people in rural districts. There are 17,000,000 sheep in Cape Colony, and 6,000,000 goats. Natal, which is warmer, has 500,000 sheep. Another principal occupation is OSTRICH-FARMING. The ostrich, once wild in South Africa, is now bred domestically. Cape Colony has 230,000 ostriches. Ostrich feathers fetch from $150 to $300 a pound. The RAISING OF CATTLE is another principal occupation, and draught cattle are much used for transport purposes. Cape Colony has 2,000,000 cattle; Natal, 1,000,000. The principal food crops are wheat and maize, but little is raised for export. In Natal, sugar is an important product, and also tea. Many magnificent timber woods are found, but the trees are stunted and little timber is exported. Much has been wasted by fires. The great agricultural possibilities of South Africa are WOOL, MOHAIR (the hair of the Angora goat), fruit, wine, and skins. The breadstuffs of South Africa will probably all be needed for home consumption. SOUTH AFRICA'S GREAT MINERAL WEALTH All the world over South Africa is famous for its DIAMOND-MINES and its GOLD-MINES. The diamonds are found principally in Griqualand, north of the Orange River, now a part of Cape Colony, but they are also found in the Orange Free State. The diamond areas are very circumscribed, the diamond-bearing "pipes" being supposed to be craters of extinct volcanoes. The principal "pipes" are at KIMBERLEY (28,718), in Griqualand. These constitute the richest diamond-fields in the world. It is estimated that over $350,000,000 worth of diamonds have been taken out of Kimberley since their first discovery there in

Chapters

1. Chapter 1 2. 2. If your indorsement is the first, write it about two inches from 3. 3. Do not indorse wrong end up; the top of the back is the left end of 4. 4. Write your name as you are accustomed to write it, no matter how it 5. 5. If you wish to make the cheque payable to some particular person by 6. 6. Do not carry around indorsed cheques loosely. Such cheques are 7. 7. If you receive a cheque which has been transferred to you by a 8. 8. An authorised stamped indorsement is as good as a written one. 9. 9. If you are indorsing for a company, or society, or corporation, 10. 10. If you have power of attorney to indorse for some particular 11. 11. It is sometimes permissible to indorse the payee's name thus, 12. 12. Do not write any unnecessary information on the back of your 13. 5. P of New York has sold goods, £1000, to G of Paris. 14. 3. The borrower's record and standing in the community and his 15. 5. The character of the merchandise owned by the borrower. What would 16. 1. Bills drawn by shippers on the houses to which the goods are 17. 2. Bills drawn by importers against commodities placed in brokers' 18. 7. One-name paper. 19. 1. What in a general sense is meant when we speak of the currency of a 20. 2. Enumerate some of the advantages afforded to the community and to 21. 3. A bank cheque is a demand order for money, drawn by one who has 22. 5. (_a_) A cheque has no date. Does this make it void? (_b_) How about 23. 6. How would you word a cheque to give to a person who is unknown at 24. 7. You are sending a cheque through the mails to John Brown, 25. 8. You identify A. B. at your bank. The cheque A. B. presented turns 26. 9. A. B. transfers a cheque to you by a blank indorsement. It is then 27. 10. What is meant by power-of-attorney? How should an attorney indorse 28. 11. If a note were about to be transferred to you by indorsement and 29. 12. Tell how you would receipt for a payment of a note. Why is not an 30. 13. Why are notes protested? Why is a formal protest sometimes desired 31. 14. If an indorser is compelled to pay a note, against whom has he a 32. 5. (_a_) Not necessarily so. (_b_) Such a cheque would under 33. 8. Yes. 34. 1867. The largest South African diamond yet found was worth $300,000, 35. 1. GREAT BRITAIN. Give as full an account as you can of the causes 36. 2. GREAT BRITAIN. England is said to be "a beehive of mercantile and 37. 3. GREAT BRITAIN. (_a_) Describe the foreign trade of Great Britain. 38. 4. FRANCE. (_a_) Describe the conditions which (1) conduce toward, and 39. 5. GERMANY. (_a_) Give an account of what Germany has accomplished in 40. 6. SPAIN AND ITALY. (_a_) Why are Spain, Italy, and Turkey sometimes 41. 7. RUSSIA. (_a_) Describe the social condition of the Russian people. 42. 8. INDIA. (_a_) Describe the present condition of the manufactures of 43. 9. CHINA. (_a_) Give an account of China's size, population, and trade 44. 10. JAPAN. (_a_) Describe the transformation which in recent times has 45. 1. AFRICA. (_a_) Describe the "partition of Africa." (_b_) Describe 46. 2. AUSTRALIA. (_a_) Describe Australia's "peculiarities." (_b_) 47. 3. SOUTH AMERICA. (_a_) Describe the social and political condition of 48. 4. CANADA. (_a_) Describe Canada's resources (1) in forest wealth, (2) 49. 5. THE UNITED STATES. (_a_) Describe the export trade of the United 50. 6. THE UNITED STATES. (_a_) Describe our cotton production and our 51. 1. Read the lessons as printed very carefully. The aim will be to give 52. 2. Books will not be necessary. The student, however, who wishes to 53. 3. Take up the papers of the course paragraph by paragraph and ask 54. 1. There is a bureau of the Treasury Department having charge of all 55. 2. Any number of persons, not less than five, may form an association 56. 3. The powers of the bank are limited to the discounting of promissory 57. 4. There can be no national banks anywhere of less capital than 58. 5. Shareholders are liable for the debts of the bank to an amount 59. 6. Each bank having a capital exceeding $150,000 must deposit in the 60. 7. Every bank in certain designated cities, called reserve cities, 61. 8. Each bank must keep on deposit in the treasury of the United States 62. 9. One tenth of the net profits must be carried to the surplus fund 63. 10. A bank must not lend more than one tenth of its capital to one 64. 11. Each bank must make to the comptroller not less than five reports 65. 12. Each bank must pay to the treasurer of the United States a tax 66. 13. Any gain arising from lost and destroyed notes inures to the 67. 14. The comptroller has the absolute appointment of all receivers and 68. 15. Over-certification of cheques is strictly prohibited, rendering 69. 16. National bank directors are by law individually liable for the 70. 2. Better facilities for borrowing. It is a common thing for a 71. 3. Limited agency of directors. A partner may pledge and sell the 72. 6. A retiring partner is still liable for existing debts. A 73. 1. Give some particulars in which the Bank of England differs from our 74. 2. A bank cheque is a demand order for money drawn by one who has 75. 3. You are sending a cheque through the mails to John Brown, Chicago. 76. 4. You identify A---- B---- at your bank. The cheque A---- B---- 77. 5. What is meant by power of attorney? How should an attorney indorse 78. 6. What is a certified cheque? Brown gives A an ordinary cheque for 79. 7. Show how all the banks of the United States are connected through 80. 9. A national bank has a capital of half a million. A customer asks 81. 10. Give some particulars of the liabilities of the officers and 82. 11. What is meant by borrowing money on _collaterals_? How is this 83. 12. Tell how it is possible for a young man of good character, but 84. 13. When rates are high bankers prefer to deal in long-time paper. 85. 14. Account for the fact that London is the financial centre of the 86. 15. Explain in detail the business of a note broker, giving some 87. 16. Enumerate the leading items of resource and liability in a 88. 17. A bank receives from the comptroller of the treasury $100,000 in 89. 18. Discuss fully the points which should enter into a proper estimate 90. 19. Give the successive and necessary steps in the formation of a 91. 20. Why are companies which properly exist and belong in one State 92. 21. Explain very fully the difference as to resource and liability 93. 23. What is the difference between a voluntary association, such as a 94. 24. Explain very fully the meaning of _Limited_ when it forms part of 95. 25. Is it legal to sell shares of stock and issue mortgage bonds upon 96. 1. (_a_) Give some particulars in which the Bank of England differs 97. 2. (_a_) What is a stock certificate? How does it differ from a 98. 3. (_a_) What provision is usually made for the redemption of 99. 4. (_a_) Tell how you would receipt for a payment on a note. Why is 100. 5. (_a_) What are the advantages to the banks of a city of their 101. 6. (_a_) Enumerate some of the abuses of rate discrimination in the 102. 7. (_a_) Give the particulars in which a warehouse receipt resembles 103. 1. (_a_) What is a contract? (_b_) What is the difference between a 104. 2. (_a_) When is it necessary that contracts be in writing? (_b_) In 105. 3. (_a_) What are the different kinds of warranties? (_b_) Suppose A 106. 4. (_a_) What is the difference between a public and a private 107. 11. GREAT PRIMER. 108. 2. _The lower-case_ } 109. 10. [Illustration] Matter wrongly altered to remain as it was 110. 16. [Illustration] Something foreign between the lines, or a wrong-font 111. 17. [Illustration] Line to be indented one _em_ of its own body. 112. 4. _Foundry proofs._

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