Norwich bulletin., 1920-06-22
Franklin Machine
 Company
eIephone: Providence, R. l. Union se3 Union 1857
CUT IN FOOD EXPORTS
 OFFSET BY MANUFACTURES

The shortage in our exportable sur plus of food, to which British Ambas | Sador GeddeS has just called attention, 1 Is evidenced, says statement by The | National City Bank of New York, by the figures of our export record, both present and pre-war. Of course, the stimulus of war demand, coupled with guarantee of high prices, somewhat in creased production during the active war, but aside from this exceptional period, our surplus of food products for eXportation has been gradually but steadily dwindling for several years. Foodstuffs, contiues the banks state ment, formed 56 per cent. of our ex- ports in 1880; 42 per cent. in 1890; 40 per cent. in 1900; dropping to 27 per cent. in 1910, and IS per cent. in the year immediately preceding the war, 1914. Of course, the demands of the war, and especially when the United States be- came party to it, intensified our will ingness to ''skimp" at home for the sake of supplying Europe's requirements, an especially those of the men in the field, and our recorded exports of foodstuffs jumped from 30,000, 900 in the fiscal year 1914 to s9S0, 900 in 1916; s153S,- O00,0O0 in 191S and $2,505 ,000, 900 in the fiscal year 1919, (half of which fell with in the war period, and even this high
 
 sent on government transports for our army abroad.
 This wartime increase was, however, temporary. The quantity of fresh beef, for instance, exported from the United States, which jumped from 6,O00 900 pounds in the fiscal year 1914 to 231, ,00O,- 900 pounds in 1916 and 51400O, 900 pounds in the calendar year 1918, dropped to 174,000,000 pounds in 1919, and is now running at the rate of about 150, 900 900 pounds per annum, as against 514,000, 900 pounds in the closing year of the war. Of bacon for which the foreign world still clamors, the exports in the 10 months ending with April 1920 are only about two-thirds as much as in the correspond ing months of the preceding yccr; wheat two-thirds as much as in the same months of last year; corn in the 10 months of the fiscal year 1920 only 1300O0O0 bushels against 62,o00, 900 in the same period of 1918; and oats a little over one-third as much as the annual aver l age of 1919-191S. In the month of April 1920 ( the latest for which detailed figures of exports are available, foodstuffs from only 21 per cent of the exports, against 43 per cent. in April 1919, and practi- cally 40 per cent in the corresponding month of 1918
 | This fall off in exportation of food 1 stuffs, both in quantity and in the per ] centage which they form of the total ex- ports, is offset, says the Banks state ment by corresponding increase in the ! share which manufacturers form of the 1 total of outgoing merchandise Nfanu- lecturers formed in April 1920 52 per cent. of the total value of merchandise ! exported from this country, against 45 ! per cent. in April 1919; 47 per cent ir i the full year 1914; 45 per cent. in 1910
 S5 per cent. in 1900; 21 per cent ir l 1890; and 15 per cent. in 1880. The value of manufactures exported from tht
 United States in the year which ends
 this month will approximate s3,750, ,O0t as against SLIGO, 100000 in the year pre- ceding the war
 Thus while our surplus of food whici
 can be spared for the outside world is de clining, manufactures are taking the plac
 of the fod in the export trade of the