Newell reclamation news. [volume] (Newell, Butte County, S.D.) 1910-19??, 1917-12-13
Natural Thrift and Economy
Promise Rapid Progress
EXPORT BUSINESS CROWNS
Our Great Ally Possesses Recuper-
alive Powers Which Justify Belief
That She viii Meet and Solve Tri-
umphantiy the Problems Which Con.
front Her After the War.

With Paris bouleyards echoing with
wives" for American troops our inter-
est in the welfare Of our ally vlstly
increases, and the facts Are not lack
Ing to encourage the belief thar she Is
already on the road to recovery from
the blow of invasion by ruthless en-
envy.
One OF the most important desel-
opMents is the announcement that
one of the largest banking institutions
Ia America concerned with fcreign
trade, the Guaranty Trust conp1Aly
of New York, has opened Paris
branch to handle the rapidly increhs-
Ing volume Of French business.
This action may surprise many per-
sens who had thought Of France as
bowed under a calamitOus iilsilsion.
The bank, however, gives figures indl-
eating that France Is not only meeting
her military aud civilian problems with
a stout heart and never failing cour-
age, but is re-establishing her export
business with this country.
In 1914, the year of the outbreak OF
the war, imports from France to this
country totaled SI41. .446.252. This to-
tai was reduced to S77, ,158. TAO in 1918,
but last year the value of French i'm
ports to the United States rose to
$102, OFT ,060.
"A nation that can achieve such
commercial recovery while her terri
tory Is being ravished by the invader
says the Trust company's statement,
possesses recuperative powers which
Justify the belief that she will emerge
from the present conflict prepared to
meet and solve triumphantly the prob
TENS which confront her."
The commercial and industrial rec
ord Of France, following past wars, In
dicates that she should recover quickly
from the actual physical destruction
inflicted In the present conflict. The
reconstruction Of railroads. the erection
Of factories to replace those destroyed,
and the replacement Of the mechanism
Of Industrial activity that will be re-
uuired and that is In part already
planned, offer a peculiarly Inviting
field to American capital and enter
Yrise. Tentative steps have already
been taken by representatives of Amer
ican engineers and business men In this
work.
Aside f-oss-ss Is Is attractive business
aspect, the enlistment Of American
money and effort In the great task OF
reconstruction that will remain at the
end Of the war will tend to cement still
more closely the ties that bind the two
great republics together, and will en-
able Americans to discharge in part
the debt they owe to France for her
friendly interest in the welfare and
progress of the United States from
the beginning Of its life as nation.
In Judging the industrial status Of
any nation, It's production and con-
sumption Of coal, iron, and steel and
the growth 0f Its transportation sys-
tens are highly significant factors.
In 1869, French Industries consumed
81 million tons Of coal. of which 1876
millions were taken from home mines.
Ia 1912. the consumption was 81 mill
lions. of which Al million tons were
taken from home mines.
In 1859, the French output of cast
iron was l,3sO.OOO tons, and OF stes;.
100000 tons. In 1914, France pro-
duced 6,S11 600 tons of cast irsn and
1886. 900 tons Of steel.