Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-05-05
FOREIGN TRADE RECORD
1. !. !: PROFITS FROM THE WAR
sgs
Increasing Share OF Worlds Imports
Supplied by the United States Since
BEGINNING OF HoStilities.
WHERE THIS COUNTRY WINS OUT
Great War Brings Greater Trade,
7zd and Gives United States, Lead
:; That Will Be Held for Good and
All.

- 80
~; That Will BE Held for Good and
All.
American merchandise is forming a
greatly increased share in the imports
OF all the grand divisions OF tho world
and oi most Of the countries outside
OF the central powers OF Europe Not
only have our allies i'm Europe ,rcbled
their purchases from the United States.
bot, the neutral sections OF the world.
epose chief imports are manufactures.
have. been compelled to call upon the
Uaited. Suites to supply the a,crchsn-
d ise which they wore formerly accus-
tosncdtto obtain from the factories or
Europe. A compilat ton by the National
cay Bank OF New York shows that
metchandtse from the Unitcd States
now forms much larger percentage
Of the imports OF all the grand d.
visions than prior to the war, while in
the case OF South America our share
OF the imports in 1917 was actually
three times as great rs in 1918. and
four times as great in 1910
> WHEREIN THIS COUNTRY
=. PROFITS BY THE: WAR
manufactures were formerly the chief
exports of the now beliiserent coun-
tries OF Europe and manufactures are
the chief imports OF ali the neutral
countries OF the world. When the man
Ufacturing countries of Europe found
it necessary to turn their factories into
producers OF war material, their power
TO supply manufactures TO the non
manufacturing worlc was greatly re-
manufactures normally form more than
- per cent OF The imports Of South
-tJnerlca. Asia. Africa and Oceania,
and tina, in ali those sections Of the
world merchandise from the United
States is now forming larger per-
.ccntase Of imports ;han they ware
able 10 draw their supplies OF manu-
facturcs from the factories O, Eurore
The total value OF domestic manu-
features exported from the United
states In the calendar year 1914 was
less than $1,000, 900 600 and in tho
caienoar year 1917 was over $4,000.
100000. Exports OF domestic n,anufac-
lures from the United states. includ-
ing III this figure the Two .r,,ps
manufactures for manufacturing" and
manufactures ready for use" arcrc
gated in the calendar year 1914 s073
$4,000 and in 1917 s4.Ols.ooo. 600, and
~hilc much Of this increase went 70
Europe in the form OF war munitions
'here were also large increases IN
other Glasses of manufactures exnort.d.
( NATURALLY MoNOPoLlXISG
I. TRADE OF LATIS-AMEItICA
WIN the increasing demand Of the
nonmanufaciur!ns world for the pro-
ourt OF our factories, South America
-9S!a' .AiIira and Oceanta have given
US much larger percentage OF their
import trade than formerly, and Win
t0ropc's demand for our grain and
meats and war munitions We are also
supplying 10 THAI continent largely
increased percentage Of It's Imports in
Inc year prior 10 the war the United
states supplied about Is per cen, OF
inc imports OF Europe; Is per cen, ~
those OF south America. per cent NJ
those of Asia; ; per cent OF those 81
Africa. and l. per cent OF tnos. or
Hfeania. IN 1917, a nearly as can lie
y estimated from the neures Inns "a
receiFed' and comparison OF our own
,eAportS Herewith, We supplied over 20
s. per cent of the imports OF Eurone nr,c.
- tieaiiN 20 per cent OF those OF Asia and
ocean.a; J q per cent OF those OF Afrjc,
enu nearly % per cent Of those OF
:. South America TO our neiEhbors OF
me North american continon; we form,
- eriy supplied about Ga per cen, of ,hcI-
imports hut In 1877 our share greatly
,9hcreasfd. reaching approximately 50
.tpeF- cert. 10 India, China. Uorrko,c
Straits Settlement. Dutch East Indes
.aRd Siam the 1917 exports were donbIe
those OF 1915. and 20 Japan more ,ba,
s3oar times rs much as in that year,
iNCREAsED BUSINESS
1870 WITH SOUTH aMER1c.
a&,:iThe percentage which ~. r.iS
';s.Stste is SUPPLYING ~ 40 ny.
tne various grand djyisio,. - -
greater increase In the casn -, e..
,JAherica than in any Other Of ,ba con,i
@ments. The Official nrnro. -. ..e,'.'.
States formed. prior to the war; from m u !;