The Cordova daily times., 1916-09-14

Swedish horses, the export of 10000 having been approved by the govern ment this year. But the only horses allowed to go to Germany are those considered unfit for Swedish military service For these somewhat aged animals the price has averaged over $400, thus giving the horse owner a share of the prevailing prosperity.
 Swedish manufacturers have shown wonderful increase since the war began. Russia has become great purchaser of manufactured goods, es- pecially since Russian factories have been turned to intuition making. The Swedish manufacturers have com plained the most bitterly against the british blockade regulations, not hay ing been able to get all the raw ma terials they needed
 
 dinavian countries were quick to see the trend of the times and by special taxes and heavy income levies have filled the national treasuries to over flowing. One American concern do- ing business here in Stockholm paid last year a tax of 28 per cent on it's net profits. The stamp taxes on to- bacco and liquors have steadily in creased. On cigarette packages sell ing ordinarily at 75 cents for 50 cigar cites a 30 cent stamp has been placed, Part of their enormously increased national revenue has been devoted to the maintenance of armed neutrality, the naval and military expenses hay ing been very heavy ever since the war began.
 The Norwegians, with their wealth of shipping and their extensive fsh- cries. have reaped such a golden har- vest that the term Norwegian mil uonaire" is a common designation for men who two years ago were posses sed of merely modest means. The Norwegians rather put 1t over the Swedes at the beginning of the war h,, huying mn many swedish ships be- fore the swedish owners realized the mammoth profits that were to come from, neutral tonnage in war times The Danes were quick to grasp the situation. too. and the result has been that many Norwegian and DanlSh l shipping companies have entirely paid off all their capital stock, have paid | ,rf the cost of all their ships and have declared huge dividends from the earn ings of vessels which no longer repre- | sent dollar on original investment Despite the many losses inflicted upon scandinavian shipping by German submarines and North sea mines the tonnage of the northern neutrals has l shown a steady increase. Many oi the big shipbunding orders placed 1T the United States in the past eighteen months have come from Norway. Snip ming shares on the stock exchanges under these circumstances, have had boom unparalleled in all history They have jumped hundreds of point' in a day. and instead of selling in the
 ems of crowns are now selling in tho thousands. ship values have in creased about four-fold.
 The Norwegians have also reapec enormous profits from fish, the price of herring and fish oils having showr
 increases as high as 600 per cent The biggest profits came from Ger many, of course, but now under trade agreement with Great Britain the English have first option on the l Norwegian output at limited prices.
 Despite the fortunes already made in Scandinavia there are stories O still greater ones that might be made If anyone for instance could get cargo of bacon for Germany througt the English blockade and through the 1 Scandinavian restrictions of export, I is said he could retire as a millionaire on this one deal alone.