§ 37. Commander BELLAIRSasked the Secretary, Overseas Trade Department, having regard to the fact that preferential trade was established between the United States and Cuba on 17th December, 1903, if he can give the increase in total trade for the United Kingdom and the United States respectively as compared with the average of £3,314,000 for the United Kingdom and £15,117,000 for the United States in the five-year period 1899 to 1900 to 1903–04?
§ Mr. A. M. SAMUEL (Secretary, Overseas Trade Department)The average annual value of the total trade of Cuba with the United Kingdom and the United States of America respectively was approximately as follows:
§ (a) For the five years ended 30th June, 1904:
Million Pesos. | |
With United Kingdom | 16¼ |
With United States | 81½ |
§ (b) For the five years ended 31st December, 1925:
Million Pesos. | |
With United Kingdom | 54 |
With United States | 486,½ |
§ It appears, therefore, that the increase in Cuba's trade with the United States has been about fivefold, and with the United Kingdom about 2½ fold.