Audubon County Republican. [volume] (Audubon, Audubon Co., Iowa) 1885-1894, 1891-10-22
HERE'S WHERE 1T GOES.
Over sJO.0oO.OOO OF Our Money Spent
Annually In Europe.

Annually IN Europe.
The number of American tourists in
foreign countries every year is so
large that the amount OF money they
spend abroad becomes matter OF un-
| common interest A leading financial
writer says the Philadelphia Ledger,
has recently estimated the amount
spent by American travellers in foreign
| countries every year at about 500, 600, :
600. this evidently being based upon
AN estimate OF 100 00) tourists taking
| out OF the country ut least 81, 900 each.
This estimate, however. does not allow
for the sums OF money brought by for.
eigners into this country. and is there
lore valueless. The statistics for the
last fiscal year are not yet obtainable.
out for the year ending June 80. 1890,
covering in part the period of the
Paris exposition. 23S, 1879 persons left
the ports OF the United States for for
eign countries OF these l05, $50 went
as cabin passengers. and the rest in
the Storage. The same year 5G4, 442
persons arrived from foreign countries,
~ $50 OF them in the cabin and tho
rcst the Storage, OF the arrivals,
SS,0l7 were citizsns OF the United
States returning from abroad; 81. 123
were aliens visiting the county, and
455. SOP were immigrants. AS to the
amounts OF money carried and expen-
ded By these people it is, OF course. all
matter Of conjecture. IL is reason
able to suppose however that on an
average every American tourist travel
ing in cabin takes ont OF tho country
800. or l05. 8S5 cabin passen-
gers leaving in the year named
it is probable that 81. l25
were foreign tourists returning
home. So that tho actual number OF
American tourists was 81. 1852, who
carried away SSl, 1852. 900. 1t is fair
to estimate that every foreign visitor
to this country brought here the same
amount that the American tourist car
ried away, and. ii this is correct the
amount thus brought into the country
was $2l, 123. 600. Tho money brought
here by immigrants fairly enters into
the problem. Some OF the immigrants
are known to bring considerable sums
with them. but the bulk of them land
with only small amounts. while thou
sands arrive actually pcnniless.
their passage being paid by friends
and relatives in this country. An av-
erage of $50 for each Immigrant Is
certainly ample-it is probably excess
sivo. An estimate on that basis, how
ever, makes the amount thus brought
into the country $22, 765, 900. The
1872, 254 steerage passengers sailing
from the United States to foreign ports
probably average per capita far more
money than the immigrants arriving.
On an estimate OF 800 for each per-
son the amount thus taken away is
Sl3, 225. 400. 1t thus appears that
1917 9S7, 400 were carried out of the
country by departing passengers and
that $43, SSS. 900 were brought into
the country by arriving tourists and
immigrants. This leaves balance Of
$54, 099 400 against the United States.
Tho item of expenditures of Americans
in Europe is TINS factor OF some
moment in tho financial situation. The
volume OF European travel increases
every year. 1t is declared to have
been heavier the last year than ever
before. Instead of 50, 900 Americans
abroad as in lS86-90 it is probable
that the number was 100, 900 or more.
But an estimate of 800. 600 900 for
the amount carried out by departing
tourists Ia eXaggeration.