Evening star., 1919-03-09


ciude the territory in northern France
occupied by German armies in 1912:
italy. 1929, zoe: Spain. 141.0s1. .0oo;
I British India, 379, 600: Japan, "a
$4,000; Australia, 15o.s00.ooo.
! Two-Thirds of Worlds Cotton.
! The United States cotton crop has
| gone far to ciothe the people of all
| parts of the world in the past. and
! is continuing TO do so. The produc-
! ton Of cotton in the United States
! in 1S17-it is too early to get the
| final figures for I91s--was 10.s1i.oo5
/ bales. 500 pounds net The worlds
! production of cotton was I7.410.00o
bales. The proportion of the worlds
cotton supply produced in the United
! states was 6S-l per cent.
/ The growth of every nation de-
! pencs upon its lines of transports-
! ton from one part to other parts of
! the country. The railroads, the
wagon roads and the shipping lines
| are the arteries of commerce and
! OF the lie of nation. The rail-
| road mileage of the United states in
! 1917 was 26s,21S miles, and the esti-
| mate for the world. based upon the
| latest available figures, is 113.1eo
miles: in other words the United
/ States possesses 37.1 per cent of the
railroad mileage of the world The
| capital invested in the railways OF
| the country in 1916 is set down as
S21.092,072.
Since the United States entered the
1 war with Germany this country has
entered upon a ship building pro-
gram and has developed such enor-
| nous Shipyards that this country
promises to become one of the great
| carrying nations of the world from
I having. prior to the war. relied al
most entirely upon the ships of other
nations to transport American goods
! to foreign countries
| The mineral resources of the United
| States are one of the greatest sources
of national wealth. The discovery Of
petroleum deposits in this country was
made within the memory of men iiv-
| ing today. The great fuel oil industry
| in this country has been developed,
| and oil has been discovered in many
| other parts of the world. And now
/ fuel oil enters vitally into the activi-
| ties and industries of the American
people and the people of practically
every other nation in the world.
Worlds Petroleum Resources.
! 1t is very difficult to estimate the
worlds petroleum resources far more
difficult than to arrive at a compara-
| lively close approximation of the Pc
troleum resources in the United
States. However. geologists the world
over and oil experts have gone into
j this matter and while 1t is Impossible
at this time to give official figures Tor
/, the worlds, petroleum resources, the
| best obtainable estimate is 1.59S.6Oo
600 metric tons and in addition 10
this. possible petroleum reserves
| amounting to 5000, SOC, 900 metric tons,
making total of the probable and
/ possible reserves aggregating 5,sss,-
| 100, ,0o0 metric tons.
1 The United States share of these
valuable deposits may be set down as
625. 100000 metric tons, prooaoie re-
serves. and 311,500,o0o possible re-
serves, with total of 937,400,000 me-
trio tons of petroleum
The netroleum reserves of the United
States, therefore, as compared 70 those
of the world, when both probabie anu
nossih,e reserves are considered, are
! 16.5 per cent and the probaoie re-
serves Of the United States. as COM
4 pared to the probable reserves Oh eh0
world are 39.9 per cent
| Mexico contains the greatest propa
BILE petroleum reserve next 70 tn
| United states 1t may be estlmateu
that the probable reserves IN MexaSo
amount to 347, 10000 metric TONS. amo
possible petroleum reserves, nov s,,n
according to some of the experts. ruh
&c bieh as I,o43.000.e8o metric tons.
| And If this estimate proves true, Mex
| co stands ahead of all other countries
4 in oil reserves
Coal staggers Imagination.
The coal resources of the world
have been approximated with q con
| siderable degree of accuracy aireAos.
and the official figures for the worio
ara 7.39754s million tons. The ngures
are so great that they are 1mpossioie
| for the Imagination to grasp. rms m
| Guides anthracite, bituminous, SUD
/ bituminous and Ignite coai.
| States are set down as S.s3S,-
| 657 million tons. or approxhnateay
| 81 8 per cent of the worios coai re-
! sources 1t is of interest to note tnaI
| ahont 90 per cent of the worlds coal
resources are found north OF tne
| euuator, and almost simiiar pc.
! cent of the coal resources are iounu
| in countries that toucn the fAeioio
| ocean. y-;4aa
/ States is equally fortunate, IT peing
estimated that this country possesth az
| approximately 50 per cent OF 'ns
! copper in this country has been ABOUT
| 55 per cent of the worlds production
| in recent years also. Next 10 tne
! United States today. Chile is proouc
| ing more copper than any other eoun
/ try of the world. It's development OF
| the copper industry during the war
has been very great.
| The estimated tonnage Oh IRON ore
| in the United States, and in TINS case
| the geological survey STANDS sponsor
J for the estimates, is 5,200,0oO,ooo tons
min imum and s550.000.000 tons max
| fmurn. These estimates have TO 90
with iron ore of present-day CONNER
ciaI grade There is also vast sup
ply of iron ore in the United states,
which is of lower grade
The survey has estimated that the
supply of commercial grade iron ore,
if the consumption continues as. at
present, will last about 150 years
The estimate of commerclai grace
iron ore, maximum, for Newfound-
land Canada, Mexico and CUBA is
given as 7.000,000.000 tons; South
America, 5000. 100000 tons. and Eu-
/, rope IL, 900, ,000. 900. The share of the
United States amounts to about 20
per cent of the entire worlds supply.
Enormous Banking Power.
/, The banking power of the United
States as estimated by the office OF
the controller of the currency. is
enormous The figures are based on
the capital. surplus and deposits OF
the banks. and reach a total OF $Ss,-
OS2. 100000. The total resources OF
the banks are given at $40, 12645
5144T No estimate of the banking
power of the world is possible. OWING
to the war and the conditions whicn