The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1917-10-16
Natural Thrift and Economy
Promise Rapid Progress
EXPORT BUSINESS GROWING
Our Great Ally Possesses Reeuper-
alive Powers Which Justify Belief
That She Will Meet and Solve Trl.
umphantly the Problems Which Con.
front Her After the War.

With Paris boulevards echoing with
'vives' for American troops our inter-
est In the welfare of our ally vastly
increases, and the facts are not lack
ing to encourage the belief that she Is
already on the road to recovery from
the blow Of invasion by q ruthless en-
envy.
One Of the most important devel-
opments Is the announcement that
one of the largest banking institutions
in America concerned with foreign
trade, the Guaranty Trust company
of New York, has opened ~ Paris
branch to handle the rapidly increas-
ing volume of French business.
This action may surprise many per-
sons who had thought of France rs
bowed under n calamitous Invasion.
The bank, however, gives figures indi-
eating that France IS not only meeting
her military and civilian problems with
a stout heart and never failing cour-
age, but is re-establshlng her export
business with this country.
In 1914, the year of the outbreak of
the war, imports from France to this
country totaled Sal ,446252. This to-
tai was reduced to ST. 15S,74O in 1913,
but last year the value of French i'm
ports TO the United States rose to
S102,0 ,06C.
"a nation that can achieve such n
commercial recovery while her terri
tory is being ravlshed by the INVADER
saws the Trust company's statement
possesses recuperatlve 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
dicatcs that she should recover quickly
from the actual physical destruction
afflicted in the present conflict me
reconstruction Of railroads, the erection
of factories to replace those destroyed,
and the replacement of the mechanism
of Industrial activity that will be re-
qulred land that is in part already
planned, Offw n peculiarly inviting
field TO American capital and enter
prise. Tentative steps have already
been taken by representatives Of Amer
lean engineers and business men in this
work.
Aside r az attractive business
ospnrt enlistment Of American
none, effort in the great task Of
recop, ucton that viii remain at the
end of the war viii tend to cement still
more closely the ties that bind the two
great republics together, and viii en-
able Americans 10 discharge In part
the debt they owe to France for heI
friendly interest IN the welfare and
progress Of the United States from
the beginning of its life as a nation
In judging the industrial status OF
any nation, its production and con
sumption of coal, iron, and steel and
the growth Of its transportation sys
tens are highly significant factors.
In 1869, French industries consumed
81 million tons of coal, Of which H.,
millions were taken from home mines
In 1912, the consumption was 81 mil
lions, of which II million tons werC
taken from home mines.
In 1859, the French output Of cas-
iron was l,3SO,OO0 tons, and Of steel
100000 tons. In 1914, France pro
duced $4,000 tons Of cast iron nnt
4,G35OO0 tons of steel.