New Forces in Old China by Arthur Judson Brown
page 139 of 484 (28%)
page 139 of 484 (28%)
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the British total instead of to ours. American trade has, moreover,
rapidly increased since 1900. We now sell more cotton goods to China than to all other countries combined, the exports having increased from $5,195,845 in 1898 to $27,000,000 in 1905.[28] In the year 1904, 63,529,623 gallons of kerosene oil valued at $7,202,110 were shipped from the United States to China. The development of the flour trade has been extraordinary, the sales having risen from $89,305 in 1898 to $5,360,139 in 1904. [28] Year ending June, 1905. In Hongkong, I found American flour controlling the market. I learned on inquiry that years before, a firm in Portland, Oregon, had sent an agent to introduce its flour. The rice-eating Chinese did not want it, but the agent stayed, gave away samples, explained its use and pushed his goods so energetically and persistently that after years of labour and the expenditure of tens of thousands of dollars a market was created. Now that firm sells in such enormous quantities that its numerous mills must run day and night to supply the demand, and the annual profits run into six figures. That city of Portland alone exported to Asia, chiefly China, in 1903:-- 849,360 barrels flour $2,974,620 522,887 bushels wheat 413,901 46,847,975 feet lumber 647,355 Miscellaneous merchandise 352,879 ------- |
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