We deduct new ships because we must, since they were not shown in the returns until 1899, and to include them would vitiate all comparisons. We deduct coal because it is equally necessary, if we are to arrive at any clear conception of the movement of our manufactured exports. We see that the growth of our commerce with the Colonies has been much greater relatively and absolutely than the progress in all foreign markets put together. Were it not for our predominance in trade under the flag, Germany would nave shot up by now very nearly to our stature.
If this point needed any further demonstration, the conclusive argument would be found in what is undoubtedly the most significant set of statistics given in either volume of the Inquiry Blue-books.[1] The next table shows the export of articles wholly or mainly manufactured (excluding ships) in certain years since 1870. It is to be regretted that the Board of Trade officials, in an investigation of so much importance, have not worked out the results in quinquennial averages for the whole or part of the period. But as the figures stand, there can be no mistake about their significance.
| To Principal Protected Countries. | To Neutral Countries. | Total to Foreign Countries. | To British Possessions. | General Total. | |
| Mill. £ | Mill. £ | Mill. £ | Mill. £ | Mill. £ | |
| 1870 | 80·7 | 55·5 | 136·2 | 44·9 | 181·1 |
| 1880 | 81·9 | 47·4 | 129·8 | 67·6 | 196·9 |
| 1890 | 87·2 | 60·8 | 147·5 | 78·3 | 225·8 |
| 1900 | 80·3 | 58·8 | 139·1 | 81·1 | 220·2 |
| 1904 | 72·1 | 70·0 | 142·1 | 97·2 | 239·3 |
We need not squander comment upon as plain a tale as statistics can tell. We see that British manufacture in protected markets is a wilting plant, which shows
- ↑ Completed from the Annual Statement of Trade for 1904.
