The Washington herald., 1921-04-22

FOR AMERICAN EXPORTERS.
The realization of Canada's value
as a market for American products
and as field for United States in
vestors Is growing rapidly on this
side OF the border. according to
Edward H. Dupre, Quebec, exporter.
Although many Americans when
thinking of foreign trade naturally
look to South America, Europe, or
Asia, there Is at the same time a
growing realization OF the oppor-
,tunities which await the investor
in Canada" said Dupre yesterday
at the New willard.
UNITED States capital has played
large share in the DEVELOPMENT Of
Canadian industries" Dupre, pointed
out United States investors have
shown foresight in the purchase OF
government. provincial, municipal
and private securities. In the Do
minion there are approximately 600
American-owned plants. with an es-
timated total capital of s250,ooo, 900.
"Canada's well-regulated immi-
grafton and settlement system has
encouraged many farmers from
the Western section of the United
States to cross the border and take
IN ht Sdlu
The immigrants coming from Eng
land, because of Canadian immigra-
tion laws, have been of a igh-grade
Use that the future generation will
be a vigorous, sturdy stock.
HAS HIGHEST PER CAPITA
AVERAGE IN FOREIGN TRADE.
Canada now has a population Of
100000, just about that of the
State of Pennsylvania. No-country
equals the per capita average of the
foreign trade figures of the Domin-
ion. which in 1890 amounted to
s2,e3s. 100000 in Canadian dollars.
This was more than one-sixth that
of the United States.
American investments have ere
sted an invisible balance of trade
which would normally have the ef-
feet of keeping Canadian exports
in excess of imports There is a
discount on Canadian money at the
present time, but II Is due merely
to the prevalent disturbance in
world trade conditions since the
signing of the armistice.
Canada is a large purchaser from
the United States. During the first
eleven months of 1920 large guam
titles of bituminous coal were
bought in this country by Canadian
firms. In addition to coal. importa-
tions from the United States inclui-
ed extensive purchases of print
closhs. metal working machinery,
automobiles, steel products. petro-
leum. paraffine, gasoline. tobacco
and cottonseed.
CANADA SECOND AMONG NATIONS
DOING BUSINESS WITH THE U. 8.
In 1920 Canada ! was second
among the list of nations exporting
to as we'll as importing from the
United States. In her consumption
of American products she was sec
ond to the United Kingdom. and as
an exporter to the United States she
was surpassed only by Cuba.
Exports from Canada in 1917 in
CT war and equipment. The total
exports for that year were s1,5S7.-
430.S55, as against the total imports
of s1.oo5.134,229. For the three suc-
ceeding years the figures, in Ca
r.262,4S2.573; imports. .so6.sI5,15o;
l'iS' eApOIlS' Si,Soo,VSU,o dSs lmpCFtS
Ss4o.3T0,6s1; 1920. exports, S1,302,-
s05,114: imports, s1,336,900,s56
"Canada's manufacturing interests
are enjoying rapid growth and are
becoming greatly diversified. so That
her exports bid fair to increase with
each passing year. In 1918. when
Canada's exports reached the high
est total in her history. the exports
of her ten leading industries were
as follows: Flour and grist $685.
537.122; slaughter and packing,
s229,231.666: rolling mills and steel
furnaces. s2os.79G,319; munitions
s1s6,034,92o; lumber and shingles,
s1.46,333,142: pulp and paper. S1Is.-
309. .434: butter and cheese, s94,927.-
032; foundry and machine shops
ss2.4s3.s97; shipbuiiding. S74.9se.411
and cottons. $66.39s.22s (all Cana
dian dollars)." F. W. G.