Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1914-12-17
]. :, LEADS IN
TRADE WITH ALL
LATIN AMERICA

y
"On account of the delay In securing
the customs house reports OF some Of tn
Latin-American countries it is now for
the first time possible to give accurate
figures of Latin American commerce with
all the world for 1918 and to make a final
comparison of the trade of the Unlte1
States with that of European countries
All previous statistics published by the
Pan-American Union or other official
sources have necessary been based on
fragmentary reports of 1919 and other
years
The conclusions of the compilation
are as follows;
"First-Not including European col
onies of Latin America, the twenty in
dependent American countries south of
III" United States conducted a foreign
commerce in the calendar year Of 1919
valued at S2,s64, s76,224, of which their
exports were s1,539,123.597, and the
impots s1,325,752.627. This gave bal
ance of s213,370,970 in one year in
favor of Latin America which means
much for her natural development and
suggests great capacity for her early
recuperation from the stagnating eff
fects Of the European war.
"Sccond-In this trade with all Latin
America the United States. as not gen
orally understood, was good first.
leading the United Kingdom. Germany
ana France with large margins The
figures Were: United States sS03,S13,N
SAG; United Kingdom, S643,5s6,3S6:
Germany, $i07,132314; France, s23s,s13,-
453. These statistics which are most
creditable to a large element of United
States exporters and importers will
surprise those who have not appre-
ciated what the business interests of
the United States have been doing in
their commerce with Latin-America
and should encourage those men and
| firms which heretofore have ignorant
~ thought that there was little OPP
potunity for them in Latin American
trad" because of European connect
ton
"Third-for the first time in the hig-
tory of Lati"-Anerican commerce. tn,
United States in 1913 exported a greater
valuation Of products to all Latin
America than did the United Kingdom.
For many years the United States has
imported more from I.atin-America thar
has the United Kingdom but 1913 was tho
| first year in which tho United States
nosed ahead Of the United Kingdom f.
| actual sales. and it was also far beyond
Germany and France-contrary to gen
eral opinion. In 1918 the United States
exported to Latin-America products
valued Mt s3c5. S37,3i5: the United King
dom. 1922, DOS, o73: Germany. s2l7. 976 2oo; and
France. $40 iN.%7. The PERCENTAGES of
this remarkable record. in favor Of tho
United States, We're: United States 2459
per cent; United Kingdom. 2432 per
cent; Germany. lt.f5 per cent: France.
S3i per cent IN tho matter Of pur-
chases from Latin America, the United
States is easily the best market the
| figures being: United States. si77.G2S 800:
United KINGDOM 1901 S5S.3l3: Germany.
s1S9l5f,179. France, $l:S 800 .ofS. Expressed
in percentages, the record stands: United
states, BLOB per cent; United Kingdom.
2oSS per cent; Germany. 1920 per cent. :;
/ France. S34 rer cent
"Fourth-Although the balance OF
LatinAmerioan trade is according to
the figures. in favor of Latin America
and against the United States to the
value of sl5l .791 .l55 while that Of the
United Kingdom and Germany Is more
evenly divided, It must he remembered
that this balance against tho United
CO... +, ,,.. -, 800.
- ,
-, ,. ~
ni,
a. - ,
w., - Wv
~, y,
borca ultimately II, tboir cola ,s e,;sb-
od ,roducts r,ol,o tho 6,ol balance 90
t"""' III '"N'i vi '"H'e"" vi "S"'"H' 'he
'!t'u ''''e''
i-"''"-N'''' can 'r""' vi 10 years ago
l"'" or 'h' I"St year oelore tho CUBAN
or spanish war WIN lhosc Oh inc year
1910 SHOWS WHAT refharhapIe rapiditE OF
CROWN mas chdractefl"eu Latih-Aneri-
can commerce ana points conclusively to
the Potehta!tles oil IT'S future IN !N'
the total roreigh commerce of the a
Latn-AmeHcan countries was valued al
500 W avg; now IT stands at SH,S6i.s762 "a,
an astonishing and almost marvellous In
crease in only decade and half OF
N,@4, 1922, or. approximately, $50 per
cent
Now what is New England to do In the
First: Every manufacturer, exporter
and importer of New England, who has
not already mastered the Latin American
field should first familiarlzc himself with
the data which can he obtained from the