Diagram II. 
Showing the Special Exports of the United Kingdom and 
of the United States for each year, 1890-1904.— 
See Table III. 
EXPORTS 
PfRTEAR 
of L 
5 2 o 
3 0 0 
280 
2&0 
240 
2 2 0 
200 
I 80 
I 6 O 
I U 0 
I 2 0 
I 0 0 
8 o 
6 o 
I» o - 
20 - 
O - c( <0 3" « -£> I— CO O' O - <S iO 
o o o o 
CO OD 00 'to 03 oo ro Go Go Oo O' C7\ ^ O' 
OK.2.Gz* 
S.I76 - 
* 
The solid black line shows the special exports of the United 
Kingdom (including ships during 1899-1904. Ships were not recorded 
during 1890-1898). 
„ The dotted black line shows the special exports of the United 
States. 
In this instance the principle of com 
pensating trade fluctuation is most clearly