THE SPECIAL TRADE FEATURES OF GLASGOW, LIVERPOOL, AND MANCHESTER

The great commercial centres of Britain after London are GLASGOW

(800,000), LIVERPOOL (700,000) and MANCHESTER (640,000, including

SALFORD). All these cities have derived the greater portion of their

size from the progress they have made during the present century. All,

of course, owe their progress and their prosperity largely to their

natural advantages of situation, etc. LIVERPOOL stands on the margin

of the Atlantic, "the Mediterranean of the modern world," and thus

enjoys the principal share of the trade with America, especially that

with the United States. Great Britain's imports from the United States

amount to over $500,000,000 per annum, and her exports to the United

States (exclusive of bullion, etc.) to over $100,000,000. (Formerly

the exports to the United States were twice this amount.) Of this vast

trade, amounting to one fifth of Britain's total trade with the world,

Liverpool enjoys the lion's share. Nearly all the cotton, not merely

of the United States but of the world, that is used in Europe is sent

to Liverpool for distribution. Similarly, GLASGOW, situated with its

aspect directed toward the same maritime routes, enjoys also an

immense transatlantic trade both north and south. And MANCHESTER,

situated in the very heart of the richest coal districts of the

kingdom, and within easy reach of the great cotton port, Liverpool,

has built up a cotton-manufacturing industry surpassing that of all

the rest of the world.

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