Evening journal., 1916-07-25


which with the condemnation of the
Government There be preparedness without the
development of the highest efficiency munition manufac
ture Certainly the Government has desire to condemn
to sthe the courage capacity and resourceunes which
has enabled them cope with the tremendous problems which
the business offered them presented and they hope
solve them successfully
There many other lines of business both manufactur
ing and otherwise which have prospered largely have
the munon manufacturers during the past year In fact
practically all the business enterprises throughout the country
which conducted corporate form have been either
directly rehevey benefited by existing conditions and
have properd in their due proportion The burden of in
creased taxation should be distributed among them all The
fact that the British Government in the time of the most
serious in which has been engaged has fit
to impose special upon muniton manufacturers for
war purposes furnishes why Government
time of peace should resort to like for the ordinary
expenditures of Government indeed for the contemplated
preparedness which, after ALL is inconsequena in the
matter of expense enaed that to impose taxes to
meet the expense is homogeneous.
The report of the Bureau of Foreign and Domestic Com
shows that the exports for this fiscal ending June
Both amounted $4345OO0000 This business the great
proportion thereof largely made of business accrung by
or because of the war now going in Europe.
Under the caption Leading Articles of Export shown
the export business done thirteen separate articles during
the years 1916 1915 and 1914 This report shows that
explosives exported during the fiscal year 1916 the
of $47300OOOO and this total of $43000000
than 99 of such explosives manufactured in the United
States during the fiscal year 1916 only small quantity
sold for consumption in the United States the Federal Gov
having purchased small quantity at prices fixed by
it. respective total value of all the other items of this
list disclose the total value Of such articles
manufactured United States during such fiscal
year for the the table does set forth the
sold and consumed in the United States during such
year.
While iron and steel to the extent Of $61sOOOOOO was
ported during year. it is quite apparent that many mil
lions of dollars Of iron and steel manufactured and
sold American and this is true respecting all the
list other than explosives for instance $sO0oO
900 worth of refined sold and consumed abroad DUR
ing the fiscal year 1916 while many many millions dollars
worth sugar sold and consumed during such
period United States Where manufacturer finds only
market for his article the expectation thereof dis
closes his total business Where manufacturer has both
foreign market for his article the opportunity to
port articles advanced prices afford such manufacturer
opportunity increase the prices for home consumption to
obanabe abroad So the items of iron and steel -four
meats "copper" mineral oils brass autos and parts chemicals
manufactures refined and leather these cond
tions prevail.
We know that the value of these articles exported is not
of the the profits made but is evidence
of opportunity of which make and realize profits from
home consumption AS for instance take the item of gasoline
demand for gasoline abroad the retail price
Jumped from 12c gallon before the high in To-
cae per gallon during the fiscal year and the millions
of of gasoline in the United States during 1916 have
been compelled by the high of gasoline sold abroad to
pay like high price for their requirements in the United
States This is also respecting refined the
around per pound but the beginning Of the has,
much the time been compelled 1000 above his former
price this profit going into the profits of the manufacturer
and wise showing the exported sent abroad
These thirteen items of do not all the items
Of exports but the large proportion thereof Take the item
barbed There been tremendous demand abroad
for barbed wire for military Consequently the price
of barbed wire home has increased price that obtaining
the American of barbed has been
PEELED pay heavy increased price for his requirements
This is shown be shown item of export
We endeavorng to make clear that while the total
of explosives for military purposes is thus
acertaned the total manufacture during the fiscal 1916
of the other items this list disclosed the amount
sold consumed home not shown the profits
arising thereom disclosed This emphasizes the fact that not
only the manufacturers of explosives realized profits out
of this but every manufacturer of in the
United States has realized profits not only export business
tremendous profits of the business at home because of
export demand afforded and giving such manufacturers
opportunity their profits to home
AS illustration the materials the
facture of explosives may be temzed as follows
For Cordite:
Cotton,
Aceone
Acids (Sulphurc and Nitric,