The sun., 1916-12-13
A SURVEY OF SOME BUSINESS OPPOR.
TUM7ZES IN FOREIGN FIELDS.


lVB gram HeiUS, It's unln0IUi ucpVSits
and its cotton plantations. A great
change. however. has come about dur
ing the past twenty-five years. In
which time our country has changed
from q nation primarily agricultural
to q nation engaged largely In manu-
featuring.
1t Is no longer a debatsble question
that the United States Mat the mo-
ment entering a distinctly new and
large sphere in its relations with the
world. regardless of the outcome OF
the European war. Up 10 the begin.
ming Of this war our growth In foreign
trade was steady but gradual-increas.
ing. however, to the extent that ex-
porters were watching II and export
ing houses and steam@hip companies
were recognizing the future alons
these lines; but the growing business
was being transacted 30 quietly that
until the outbreak Of the war II at
tracted little outside attention. The
fact is hat most business men were
50 wrapped up In their wi domestic
markets that they failed to perceive the
wonderful opportunities in foreign
countries.
While our population has increased
rapidly, this growth has not been SUM-
GENTLY rapid to keep pace with the fast
growing output Of our factories. 1t Is
a known fact that with our present
capacity We could right now produce
in eight months time q sufficient guam
tity of manufactured materials to last
us In u country a fun year. At the
moment the business which Is coming
to us because OF the European wal Is
taking care Of the surplus production.
but in order TO keep our mills and fac
tories working continuously on a uni
form production after the a II Is
essential that we build up a foreign
outlet for our surplus manufactured
articles. and financial and commercial
this direction.
1t is interesting to note that our
explorations Of manufactured products
had been slowly developing owe a
long period when suddenly and with
out warning came the European war.
Temporarily the commerce Of the
world was stunned. In the United
States. however, "A partial recovery
Immediately followed. Europe wanted
Ut once certain manufactures ar'lcies
WHICH we couiu MAKE n wh'ch 'hey
formerly MANUFACTURED ana consumed
in times of peace. The great export
ing hat'ons OF EUROPE were FORCED 10
give up their own foreign business
for the time, and new customers came
to us from all owe the world for
manufactures o which they had
previously pougnt III Europe. Inc re-
suit mas peeh 10 carry FORWARD the
EXPORT trace OF the ,h'ted states
within a period OF Two years 10 a point
whicn II would m nave reached
III twenty years.
"nhih one year ai'er tue outbreak
oi inc war VIC tne foreign
''"ue leadership OF the "oriu. our eN-
por's LOT the hscai year endihS June
ov. 1919 amounted 10 TWO anu "a mar
Unions OF doiiars' ana TINS same ne-
ure ior the nscai year endinS une ~,
i'iO' .Teacneo a !ots' OF TOUT ana Z
quar.er pi''ons. 10 UNDERSTAND more
clearly 'ne s~ishihcahce OF these ne
ures. IL IL interesting 10 note ina
rns'ahus largest total TOT II one
E"s'a"o ne'u .he export leauershlp OF
Wv. "of'o, u'u no, equa' p"''e 'n'ee
ONIONS Dnrihs 'ne past W. years
W we" u 'nese eoho'''ohs. '"e man,
ela' centre Oh 'ne "oriu mas shii'eu
from lo"uo" " Ne" 10TH
% MUCH pupic''S mas peeh gwen
W ,uise eo",rae's ior war munitions
""ien nave peen piaceu nere nat IL
'Sa poPui"i p'ei 'hH' the Tei'arh-
"ote !"eiease !" oui eAports Is uue
e"''e'' ~ ""r munitions ih's' now
wei 10 "o' 80. '"I large eNPo't'hS
"'uSe" nave ""'i's 'he PaS' year ue-
'o''" wv e"e's,ee ,o'"e u~e.eioP'"ent
VI d eo'''"'e'eiai pus'"ess winch "ou'u
.A'eiiu o|er a iohs periou' ra'her man
ue'o''"s an 'me'r ehe's'es W "'u,'i'io"
or"crs eN'e"o'"s over comparatively
sno'' ,'"'e' ana 'ne BUSINESS vi one
VI we a'ses' eNpor''hs houses III
N"'e,'," h" ''-u"s OF per ce"'' coih-
''ere'a',
" nu'N Vi our eApor.S' formerly
III d. '"e present ''"e' mas gone 10
H"'op.a" ""'io"s nov IL. war rle-
"''' S"o" "oW wa, ""''nS 'he pas'
wv" years we nave peeh aoie IN auui-
.'n w '"s'."se s'e"''s ou' eNpoIt'.
,o"" W eou"''"S io'"'''S suPP''e"
~ VI" "a,',"S n"'io"s' as wen as W
.'ese e'"i'''es themselves 10 MUS
u"'e. uu.'"s 'ne pass TWO years our
. "a