Evening journal., 1920-09-27
u. :. HELPING TO REBUnD WORLD RAILWAYS

rVNHE railroads OF the world are now turning to the
1 United states for material with which 10 renew
and enlanse their working plants substantial part or
that material will be made in Delaware. Our exports
Of railway material in the fiscal year 1920 aggregated
over si5OOO0OOO in against ssOOOOOOO in 1918
and s25OOOO0O In the year before the war
Necessarily says a statement by the National City
Bank Of New York. the worlds railways marked time"
very considerable degree during the war especially
in construction. Even in own country the mum
Der Of miles OF road constructed in The years since
The beginning OF the has been little than that
Of certain single years during the period Of our active
railway construction.
In Europe the construction Of roads was Of
course limited by demands and in many cases the
destruction far exceeded the construction.
In other parts OF the world which had relied chiefly
upon Europe for financing construction and supply
ing therefor the industry OF railroad building
came also to practically sandstl, and the worlds
railways mileage emerged from the war period showing
but a small percentage OF gain that at It's begnning
It is not surprising then. adds the Banks statement
10 lind that exports Of materials for railways in
1920 are six times as much in value in the year pre-
cedng the Indeed The grand total Of material eX-
ported for railways would probably approximate, and
perhaps exceed s2O0OOOOOO il complete figures could be
obtained
In certain lines such as steel rails other track ma
crias locomotives and cars both freight and passen-
gcr exact figures available, hut is not practicable
10 determine what proportion of the S2oOOOOD worth OF
structural steel or the s50OOOOOO worth Of metal work
ns machinery exported in 1920 for the railways
In locomotives alone the total exports in the fiscal
year 1920 amounted TO si3OOOOOO against S250OO0OO in
1919 and less than 100000 In lhe fiscal year 1914 all o
which preceded the war or steel rails the total FOR
1920 was s32OOOOOO against sOOOOOOO in 1914 and OF
other track materials including frogs switches spikes
and ties exporied in 1920 si2OOOOOO against approx
natlt, for frnl oh
poses show very large totals in the exports Of 1870
s5 OOOOOO against si3OOOOO in 1918, and s50OOOO IN
1914
This demand for new material for construction OF
equipment OF world railways adds the Banks statement
is especially Interesting evidence OF the worlds
growing confidence in the quality OF American, manu-
features The calls for this high grade product come
from every direction.
or the s53OOOOO worth OF freight for steam rail-
ways exported in 1920 than s3iOOOOOO worth wen
10 France siiOOOOOO to Italy. and s5OOO0OO to Cuba.
OF the S32OOOOOO worth OF steel rails exported in 1920
dhe distribution was much wider Si20OOO00 worth &c
Japan s5OOOOOO 10 Cuba, siOOOOOO 10 China including
ahe leased territory Of Kvans-tung, si5O00CO worth t'
Brazil S30OOOO to France s2OOOOOO to British souti
Africa H3OOOO0 worth 10 the Philippines, d5O00O
worth to the Dutch East Indies. and three-quarers o
a million dollars to Peru
or the Si3OO0OOO worth OF locomotives exported in 1902
over s6OOOOOO worth went to Italy s2OOOOOO worth
France 100000 Cuba s250OOOO TO Brazil 100000
China including Kwangtung nearly million dollar
wonh 10 Russia In Europe, and one-half million dollar
worth 10 Russia In Asia. while nearby nsishbo~
Canada and Mexico took about one-haf million dollar
worth each
This call from the outside world for si5OOOOOOO wort
OF highgrade manufactures for OF railways mcrel
part adds the Banks statement Of the growing worl
demand for manufactures OF which exports hav
own -oxmaely siOOOOOOOOO in the year before tn
~ ITO 900 in the fiscal year ending June 30 1922
~ promise exceed siOOOOOOOOO the current caenda
yer