The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1913-12-16

Foreign TRADE
ISON increase
Annual Report Of Secretary
Red6eld Shows Growth
for Past Year.
ALMOST HALF BILLION
Ship Building in United States Fifty
Per Cent Greater Than
In 1912.

According TO the annual report just IS
.,,ad h,r Secretary of Commerce Rednelc,
the foreign commerce OF the united
States during the past year increased
more than s421, 10000 over the year VI
1872. &C..
Foreign commerce in the United States
has grown by leaps and pounos LII
during the fiscal year ended June -. ds ast
it reached the great total OF st'.'vSO' ~
In value. OF this great sum $-,syo,V'V,oOO
were exports and N,AaOooOo were nm
ports, showing trade balance on 80 ~,
transa ctions in favor OF this country oy
Asa mo- nm Quite as important as the
aggregate however, are some OF the oe-
tails that go 10 make up the totals Elk
norris of domestic manufactured goods Oh
ali kinds amounted to H,507,OO,OOo' or
& ner cent of the total domestic exports
II will be noted with special interest that
ont of this total of sales OF manuIac-
lures that particular portion which rep
resents the sales of fully finished manu-
factures was SIS. 900. 900 in value, or ~
per cent Of the total exports OF manu-
features.
In the report, which covers $50 pages
the SCOPE of the Department OF Com
merce. from which has been separated
the Department OF Labor, has been tully
set forth. The report is compiled unoer
the headings OF the various bureaus IN
cluded in the department Whlch are
Bureau OF Foreign and Domesuc CON-
merce, Bureau of Corporations bureau
OF Standards, Bureau of the Census
Bureau Of Fisheries, Bureau OF Light
houses, Coast and Geodetic Survey,
Steamboat Inspection Service, ana the
Bureau of Navigation.
Efficiency of Trusts Discussed.
The report. in discussing the inquiry
into the efficiency of industrial corpora
tions, saws: There Is q growing Ques-
tion in the minds of experienced and
thouRhtfu men as to whether the trust
form of organization is industrially et-
ficient and whether bigness and bulk are
always necessary to production NJ the
lowest cost. 1t may be conceded thal
massing of capital and the grouping d
great quantities Of labor have certain
elements OF efficiency. They permit re-
search on a large scale. They do away
with excessive expense in the maintain
ing of separate offices and numerou:
sales organizations. They provide mean'
for the purchase and use of apparatus
that can only be employed where pro
duction is large. But IL is doubtful, a
best, whether these favorable elements
are all the factors that exist and whether
there does not come a point Of maximum
efficiency at minimum cost beyond which
an increase of product means an In
crease of cost per unit Of that product
Statistics compiled by the Bureau o
Navigation show that on June 90, of thii
year, the total documented merchan
shipping of the United States comprised
200 vessels OF 7,Ss6, SIS gross tons. Al
increase of more than 90 per cent in ship
building by American firms Is also noteC
during the last year, the output reaching
345. 155 gross tons.
The receipts from tonnage duties las
year were A,g73.7S9.I3, an increase G
S1I7. 7TS6S over the receipts for the pre-
vious year and the largest receipts from
this source since 1884. when an annua
duty of 30 cents per ton was levied.