Evening journal., 1918-07-17
TIE 1918 IMPORT TRADE.

ss0000000O0 import trade for this country for the
an fiscal year 1918 is indicated by the figures published
by the Department OF Commerce covering the period up
to May r. last The official figures for the year ended
June 80 will not be available for time. But with
total importation valued at s32i000O00 for May and
s26s6,2s2Ooo for the eleven months ended in May, an
estimate Of s30ooo0o0 for the entire year not far out
OF the way
Further indications are that imports from Europe
comprised about Il cent Of these foreign purchases
by compared with Ri per cent. for her share In
1917 s420000O00 this year compared with s60O0O0OO
last year. The elimination Of the Central Powers from
competition and the fact that the strain OF is be-
ginning to be reflected In the export trade Of Allies
Is revealed in this decrease
North America supplied about 81 per cent. Of this
estimated S3OO0O0OO0 OF imports s93O0O0O0 and OF
this latter Canada shared almost so per cent, and
Mexico about i6 per cent Last year imported $685.
100000 from the North American Division the share Of
Canada being lO and OF Mexico "a per cent Canada has
put the exports from America 20 her territory
but she riding market for what It VIII carry,
ION account of the war"
South America took 10 per cent as her share or about
s51OOOO0OO, Of which the A. b. c. countries argentina
Brazil and Che) supplied close 10 s45000OOOO great
part of this materials. for finishing in mills
character of importation which is generally welcome
II keeps the wheels OF manufacturing country hum
ming In this connections. II was rumored recently
that while the United States Government for the
purpose OF transporting troops 10 EuIOpef Hau
scooped in all boats plying between this country and
South America and bringing TO voracous mills the
crude materials be made into goods, Great Britain
had withdrawn few. II any OF her South American
trade for United States troop transportation but
plying trade with South America for all the op
portunty would AFFORD II this report is true. the nat
question is Is this the right spirit Of cooperation
In the war?
Imports from Asia have reached startling proportions
in our world trade during the past few years the
fiscal year 1917 they figures S6i5 during this
year just closed the neighborhood Of ssi0OO0OOO
of s225O0OOO In year, and about 50 per cent
Of the trade coming from Japan, China and the British
East Indies. Asias share OF the 1918 trade 2s per
cent and % per cent for 1911 In the days Of the pro-
tective tariff policy Asia's share Of total impor.
averaged about IS per cent and Europes about so
per cent Now conditions shows a reverse tendency and
Oriental labor the cheapest earth In 1913 the last
protective year. imports from Asia totaled s26OOO0
We imported more than that from Japan alone during
the fiscal year just closed plus si0OOOO0 from China
and s3OoOOOOOO from the British East Indies. Who
says the of labor has nsught to do with compet
tlonP
oceanla supplied si5OOOoOOO Of the trade. Australia
and New Zealand getting for about s5lOOOOOO This
is wonderful comeback from last year for these two
under the high year 1915 England is giving her de-
pendencies little margin. Africa got in for about
s72OOoOOO, or 20 per cent. over last year.
The facts all so TO show that the currents OF foreign
trade have settled pretty steadily this country
and will continue TO flow in this direction In volume
determined mainly by the tariff policy which accept