189 
Indies, British Guiana, Newfoundland, Costa Rica. 
Ten countries, stated in the order of their 
importance. 
Asia.—British India, China, Straits Settlements, 
Japan, Ceylon, Aden, Mauritius. Seven countries, 
stated in the order of their importance. 
Australasia. — Australian Commonwealth, New 
Zealand. Two countries, stated in the order of 
their importance. 
Africa.—Egypt, British South Africa (Cape of 
Good Hope, Natal, &c.), British West Africa 
(Gold Coast, Nigeria, Sierra Leone, &c.). Three 
countries, stated in the order of their importance. 
Thus, the facts for forty different parts of 
the world have been examined during fifteen 
years. In some countries, such as Brazil and 
Turkey, the necessary records do not exist. 
And some countries where the trade is trivial 
or where the facts are wanting, such as British 
Honduras and Cyprus, have not been included. 
The first thing that had to be done was to 
summarise the export trade for each of these 
forty parts of the world for each of the fifteen 
years 1890-1904. This has been done, and the 
net result of these 600 tabulations may be 
condensed as follows. 
Taking the world’s exports (from my work 
ing sheets) and summing them up in successive 
periods of five years and of ten years, so as to 
show the course of trade, I find that the world’s 
export trade is not absolutely immune from fluc 
tuation. It is nearly constantly increasing, but 
not quite, as the following statement shows :—