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“...from these tables that the import of English
piece-goods has, on the whole, increased about 1,200,000 pieces.
Indian by about 100,000 pieces, but Americans have increased by
about 2,100,000.
During the year 1896 both British and American shirtings
exceeded in the aggregate any year since 1881, and the British
import exceeded its maximum by more than did the American.
The explanation of the great increase of American cotton goods
is that they, being heavy goods, are more especially taken by
Manchuria and the North of China. These districts were most
affected by the war, and during the war the amount of these goods
imported was very small. This fact appears in the statistics of
1895 as an extraordinary drop in the imports from America. The
great increase in 1896 is only the natural result of the decrease in
1895.
On the whole list of cotton piece-goods there is nothing
alar.ming to British industries so far as the competition of countries
—other than China—is concerned. With regard to the...”
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