Evening star., 1925-01-22
us. TRADE BALANCE:
Up TO S1,O75,ODO,ODO
Representative Alderman
Reviews Figures Showing
| Increase for Year 1924.

The United States had a balance OF
trade in its favor last year of SLOTS
100000, which was two and one-hal2
times that OF the year before, show
ing an export balance per day Of
$3,00O,O00, while the entire cost of the
Bureau of Foreign and Domestic Com
1nerce, which is fostering this trade
development, is not half cent for
every 81 900 worth OF property in the
United States, or one postage stamp
for each $4,000 worth Of property.
This was emphasized in the House
by Representative Ernest r, Acker-
man of New Jersey, himself big
business man and a member OF the
House appropriations committee, VINO
has made extensive personal study oil
industry abroad, in urging more ade-
Guate appropriations for agricultural
mining and manufacturing activities
to meet world-trade requirements.
Incrense sI,6O0.O0O Day.
Total exports foreign and domestic
for 1924 were approximately Si'o1u'-
600, OOO. an increase Of about S0ou'-
100000. in other words, our iorelsn
commerce increased At least Sl,6OV,Voo
a day in 1924 over 1923, he salu.
Last wear Great Britain held
wonderful exposition for the increase
Of foreign trade at Wembly, just out
side London, an exposition upon "hlch
upWards of S2.00G.eO9 was spent
While no direct dividends in cash
were declared, Yet The indirect re-
suits were so valuable that the expo
sition is to be held again TINS Seal'
This was a remarkable testlmohitl ~
the beneficial results that came @ Ilori
The holding of this trade fair snow
could uroduce and how varied anu
90, yrera the resources OF the eh-
,,i-e Representative Ackerman at
+a,dad This exposition and was lhuen
;rt.a.ostsd in seeing the wonderiuL
array of exhibits contained theleA
po.ttiou In Trade "Admirnble."
at this particular time the export
+,-ada oF the United States is most
y,roenerous and the position OF our
r,orId trade il admirable. An analysis
of world trade during 1924, as com
pared with 1918, discloses the Ia
tbat the United States export tFdue
has increased in value almost 40 pei
cent. while the import trace uuIIHs
the same years shows an increase ol
over 10 per cent. This represents
substantial gain, even after aiio"-
ancc is made for the het1Ny " IL ''i'1e
initiation Of prices.
"T know how necessary it Is for the
United states Of America 70 be prop
erIy and adequately represented In
the diplomatic and commercial ac-
tiyities that are going on az an
points," Mr.. Ackerman said, II we
are to hold our own with the lnteh-
sive and expanding activities OF our
principal competitors.
Reviews Work of Bureau.
He reviewed what the Bureau of
Foreign and Domestic Commerce III
Washington ard its nine district
Offices in the United states has done
In answering commercial inquiries.
The wealth of the United States of
America is $500, 100000 The total
cost of the Bureau of Foreign and
Domestic Commerce as allowed by
the committee on appropriations is
$2r919,064.
Representative Ackerman called at
tention TO the fact that the cost OF
this bureau is less than so cents for
every 100000 worth OF property. or
8 s. bill for every s1,000,G00 worth Of
property, And yet the bureau re-
ports wonderful dividends accruing
TO the national wealth by the expendi-
ture of that money.
Dr. Julius Klien, director of the bu
Ccau, gives an example of the returns
to the taxpayer on his Investment
Ehe new Office of the bureau, which was
opened up in Ottawa late in 1924.
This office cost the taxpayer $4,000
from the date of its opening in Sep
tember, 1924, until the beginning of
1925, and during that period new busi-
ness was secured, as a direct result
OF the establishment of that Office, to
the amount of $101, OO0-about $500
per cent return on the Investment An
other example is that of the Johan-