American Commerce with Australasia

Feilding Star, Volume XIV, Issue 73, 8 December 1892, Page 2

American Commerce with Australasia

An article on the Presidential election appears in the Melbonrne 'Argus,' written, by Mr A. R. Calhoun, an American Sihtieian and journalist, who is^now in elbourne.. In it he states :— '• A Demo* cratic President and Democratic Congress is a matter in which; the^ sheep , ranchers or squatters of Australasia "mnst, be intensely interested. It means immediately ' a free market for their wool in a kindred nation of 70,000,000 of people, The increased and larger market means a higher price. As the areas of textile facture are in Southern Pennsylvania, New Jersey, New York, and the New England States, and as water js the cheapest method of transportation, the wool ships and the mutton ships, .which are sure to follow^ wUlleaVe/iAustralia or New Zjealand direct for our Atlantic ports. In the commerce of the. world^oney is used only to adjust balances; the returning ships are sure, not Jo come; back in ballast. American' manu&ctured products, particularly if 4 these colonies adopt a liberal system of reciprocity, will make up the returning cargoes, adjust the balances of exchange, and, tend to bind with a tie of commercial inteiestlpfche strongest of all— the children! 'of a&ommon mother, separated only by the placid waters of the most navigable of oceans. Free wool: means much to 70,000,000 of Americans, but, in proportion, it means more to 4,Q00,000 of Australians.' But the commerce that free wool will induce between the United States and Australasia'must be far greater, and so of more value; to both than even the . tirade] in WOOl," . . ,-r v.. ;