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Reciprocity With San Domingo

Reciprocity With San Domingo image
Parent Issue
Day
6
Month
August
Year
1891
Copyright
Public Domain
OCR Text

The conclusión of a reciprocity treaty with San Domingo adds one more rejiublic, though a small one, to Secretary Blaine's commercial union. San Domingo's commerce is mainly with the United States. Our importa from this republic in 1889-90 were $1,951,013, and our exports were $926,651. The value of the leading importa was : Sugar, $1,715,364; hides and skins, $77,279; dyewoods, $71,031; coffee, $49,443. The value of the principal exports was: Iron and steel and their manufactures, $169,538; wheat flour, $149,260; wood and its manufactures, $117,387; cottons, $66,525; lard, $49,235. In 1888 the total exports of Domingo were $2,520,983, and her imports $1,992,884, a total foreign trade of $4,513,867, $2,877,664 of which were imports to and exports from the United States. Although the terms of the treaty are not public, it may fairly be presumed that all ourleading exporta above mentioned will beadmitted lree of duty or under differential tariff ratfs, which will give our exporters and manufacturera a decided advantage over foreign exporters to the San Domingo market. Under these favorable conuitions the United States should absorb the bulk of the San Domingo trade, thus adding several milliona to our foreign commerce which now goeato swell the trade of England, France, Germany and Spain. Thus dons Svcretary Blaine's great commercial scheme flnd markets for our surplus bushels of wheat and barrels of pork, as well as for our manufactures of iron, wood and

Article

Subjects
Old News
Ann Arbor Register