Object: Investment, an exact science

ííi 
— 
149 
We see that in 1890 the export trade of 
America was 17'2 per cent, of the export 
trade of the world, and that in 1904 America’s 
share was 20*7 per cent. The rise is well marked, 
despite the fluctuations of certain years. 
Thus, accepting export trade as one 
indication of trade progress, we see that 
America has been gaining position relatively 
to Europe (see Statement D) as a world-trader. 
So far whole continents and vast areas 
of the world have been compared as regards 
trade fluctuation. 
We may now narrow the base and come 
to the matter of the United Kingdom’s share 
in Europe’s exports. 
F.—The United Kingdom’s Share of Europe's Exports. 
Per Cent. 
1890 25'8 
1891 24-6 
1892 245 
1893 233 
1894 233 
1895 23T 
1896 23-1 
1897 21-8 
t In 
because exported 
exports during 1899-1904. 
1898 
11899 
11900 
|1901 
|1902 
1T903 
11904 
Per Cent. 
. 213 
. 22 2 
. 23 0 
. 22 6 
. 217 
. 211 
. 213 
these years the above figures are slightly too high, 
sported ships were included in the United Kingdom’s 
In 1890 the United Kingdom’s exports 
were 25'8 per cent, of Europe’s exports. In 
1904 the United Kingdom’s share had fallen 
to 21*3 per cent.
	        
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