Republican farmer., 1918-11-15
Americans Advance ] At Sedan Wipes Out
 Dangerous Salient
U s. MAY BE TIE
 |. CLEARING HOUSE FOR ENTIRE WORLD

whether the United States is to be- come after the war a great clearing house for international trade cannot yet be determined with accuracy, but certain it is that the foreign merchan- disc re-exported from the United States has shown tremendous gains during the war period, and in the year which ends with next month will be about three times as much as in the year preceding the war and four times as much as a decade ago.
 The total value of foreign merchant disc re-exported in the calendar year 1918, according to a compilation by The National City Bank of New York will approximate $1O0,OOO,0OO against $64,OOO,OOO in 1917, $6O,OOO,OOO in 1916, and $36, 6,0OO,OO0 in 1913.
 Up to the war period the growth in re-exportation of foreign merchandise had been slow, the total value of for eign merchandise re-exported from the United States having been $1O,- 000,00O in 1879, $13,O0O,OOO in 1889, $22,OO0,00O in 1899, $27,OOO,OOO in 1909 and $36,000,0O0 in 1913. Then it began a rapid advance as above indi- cated and in 1918 the total will ap- proximate and perhaps cross the $100, 100000 line. The total for the nine months ending with Sept. g. 1916, is $71, 1884, ,496 against $43. .4O5,- 455 in the same months of 1917. Should this great show of increase continue during the entire year the total for 1918 would exceed $100, ,000,- 900 against $64,000,000 in the former high record year of transportation of foreign merchandise.
 Exports Principally Food. FOodstuffs and manufacturing ma terials are the chief articles in which this increase in transportation of for eign merchandise occurs. Rice, corn, wheat, tobacco, fruits, fish, fresh beef, tea, beans and peas show a large in- crease in transportation. So have also
 certain manufacturing materials es- pecially sisal, leaf tobacco, raw silk, and pig iron. Of rice chiefly from
 Japan the quantity re-ex. rted in the
 seven months of 1918 was 60,00O, ,000 pounds, valued at $3,9O4,O00 against 14,272,000 pounds, valued at $308,000 | in the corresponding period of 1914 all of which preceded the war. This great wheat growing country also re- exported no less than 1,164,000 bushels which had been brought in from abroad chiefly Canada against TIP, ,OO0 | bushels in 1914, the value in the seven
 months of 1918 being $2,598,Q0O
 against $685., 1000 in the same months
 of 1914.
 Tapioca which we bring largely 1 from the Latin American countries shows a tremendous increase in re-ex- portation, the figures for the sever
 months of 1918 being $1,917,O0C
 against S20,OO0 in the corresponding
 months of 1914.
 Cocoanut meat or copra brought chiefly from the Philippines and other Pacific islands showed a total of 282,- l 900 pounds in the seven months ot 1918 against only 190 pounds in the | corresponding months of 1914. Fish | I're-exported in the seven months of 1918 aggregated $1,170,OOO in value
 against $168,000 in the corresponding months of 1914.
 Manufacturing Materials Scarce. In manufacturing material there are a few articles showing increases but l in a very large proportion of cases the
 re-exportation in 1918 is materially l less than that of 1914, this being due l of course to the very large demands l of our own manufacturers for manu- l featuring materials. Of wool the re-
 exportation in the seven months of | 1918 is but 477,00O pounds against 8, 499,00o in the same months of 1913,
 while of tin the quantity re-exported
 in the seven months of 1918 is but | 515,000 pounds against 1,019,000 l pounds in the same months of 1914. i Raw silk chiefly from Japan, shows a material increase in 1918 when com pared with 1914 both in quantity and
 value, the stated value of raw silk
 exported in the seven months of 1918 1 being $2,537,00O against $35S,O00 in the same months of last year. In
 India rubber, there is a marked in- | crease, the total re-exported in the seven months of 1918 being 5,579,C00
 pounds against 2,595,O 900 pounds in the
 same months of 1914, while of hides | the total quantity re-exported in the
 seve.. months of 1918 was 4,422, 900
 pounds against 3,OO1,OOO pounds in
 the corresponding months of 1914. Coffee and cocoa chiefly from Latin
 America show a marked increase in
 the quantity re-exported, the total quantity of foreign coffee exported in
 the seven months of 1918 having been l 25,663,O pounds against 5,133,000 in the same months of 1914, and of cocoa 7,18S,000 pounds against 2,1OO,0O0 in | the same months of 1914.
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