The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-29
[ Cover the World
BY WILLIAM PHILIP SIMNS -

XTASHINGTON, April 29.-The depression's
" crepe-hangerS were given a jolt today
when the United States Chamber of Commerce
revealed that in export gains during the last year
the United States led all the great powers by a
handsome margin.
Canada Japan and Great Britain all showed
smaller percentages than this country, while the
gold bloc nations suffered set backs Switzer-
land lost per cent Holland 2 per cent, France g.
Belgium 5, Italy IS and Germany is.
Countries showing increases, according to a
detailed study by the foreign commerce depart
ment of the chamber, were listed in the follow
ing order:
Colombia, SO per cent; Guatemala, SIS; Chic
40; Argentine, 49, United States, o. CzecIo-
slovakia, 25; Brazil, %; Canada, %; Japan, 81;
Sweden, 20; Peru, 10; Finland, IT; New Zealand
Is; YugoSavia, Is; Austria, II; Egypt 10; Great
Britain, 8; Greece 6; Norway, T. India g. Po-
land, 2, and Denmark, l.
First in the list among the great pc wers the
United States thus ranks fifth in the general
catalog, Canada eighth, Japan ninth and Great
Britain seventeenth.
GERMANY headed the list showing export
- losses, with Is per cent Italy lost 13; China,
10; Australia, IL; Belgium, 5; Rumania, 4;
France, g. Irish Free State, 3; Holland, 2 and
Switzerland, l.
The United States also showed a gain of IA
per cent in its imports. AS with her exports, lit
tie Colombia increased her purchases by n per
cent. Peru, Guatemala, Chile and Canada-al
on the American continent followed with the
next greatest import gains Among the leading
trading nations only Poland, Switzerland Hol-
land, France and China bought less abroad than
the year before.
the very bottom of the list in this respect just
she was near the bottom with her exports.
Washington'S silver policy is blamed for this
by the Chinese. The silver bloc in Congress hello
that for every cent the price of silver went up
China'S purchasing power would rise The above
figures indicate the fallacy of this argument.
THESE trade figures admittedly reveal g
l. heartening Improvement in world COM
merce. The United States and the Western
hemisphere are seen as especially fortunate
/ Observers here who do not wish to be regarded
as playing politics nevertheless assert that con-
ditions around the globe indicate recovery il
people would boost instead of knock and push
instead of hold back.
Trade between the United States and the
British Empire likewise displayed a significant
trend, according to the chambers analysis Ex-
ports to the British Empire for 1884 amounted to
1852 100000, Sc per cent gain over 1888, intra-
Empire trade agreements notwithstanding.
The British Empire bought 404 per cent OF
our exports during 1884 as against 37.9 per cent
in 1888 and 40 per cent in 1882, before the In
perial trade conference at Ottawa. Great Britain
and Canada remain, as before, our best Gus
toners. Exports to other members of the Empire
gained from LOG per cent as was the case with
South Africa, to 65 per cent with Australia.
Japan, our third leading customer, increased
her purchases in this country by AT per cent. And
while China's imports slumped disastrousy she
bought 80 per cent more from the United States
! in 1884 than in 1888