=374. The great wares of commerce. Coal.=—For the purpose of a
summary survey the most important wares of commerce before 1800 can
be designated as belonging to the two classes, colonial products and
textiles. We shall have to note, in ensuing sections, striking changes
affecting both of these classes, and the addition to the important
wares of commerce of two new classes, mineral products and foodstuffs.
Taking first the mineral products, and including coal with them, as
common usage justifies us in doing, we find, at first sight, that this
article takes a far lower rank among the modern wares than we should
expect from its commanding importance in industrial life. There has
been, it is true, a great growth in the coal trade, and considerable
quantities are exported from England, Belgium, Germany, on occasion
the United States, etc., for use in countries lacking coal mines, or
at sea. There is an immense internal commerce in coal. In 1900 more
than half of the tonnage carried on the railroads of the United States
consisted of mining products; and of these coal certainly formed a very
considerable, perhaps the major, part. Still coal does not rank among
the chief wares of foreign trade.
=375. Metals and Manufactures.=—An explanation of the comparative
insignificance of coal in foreign trade is found in its bulk. An active
industrial people can compress the value of coal, as it were, by using
it near the mines for the production and transformation of other
materials. Coal is transmuted into iron and manufactures, and so loses
its identity, though it remains still the real power behind the exports
of that character.
Commerce in iron and steel, and the manufactures depending on them, has
increased enormously in the course of the century, as the reader may
readily suppose. Supplies of iron and machinery flow from the centers
of production to the less advanced countries, and the simpler tools
penetrate every nook and corner of the earth. Copper has grown greatly
in importance, as its use for electrical appliances has extended, and
now forms a considerable item in exchanges of countries like the United
States and Germany.
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