Miscellaneous Series Volume 100-115

Miscellaneous Series Volume 100-115

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1920 edition. Excerpt: ...ending June 30, 1919, amounted to $10,329,000,000, consisting of imports of $3,096,000,000 and exports of $7,233,000,000. The commerce of the last fiscal year has been in many respects phenomenal. Our exports and our imports of merchandise and the excess of exports over imports were the largest in the history of the country. The imports exceeded any prewar year by about 65 per cent, and the exports were larger by about 195 per cent. The imports were $150,000,000 greater than last year. The exports were $1,310,000,000 greater, and the excess of exports over imports exceeded last year's excess by $ 1,160,000,000. Nearly all of the improvement in the foreign trade can be credited to the last half of the fiscal year. From the time of the declaration of war until the signing of the armistice our monthly exports averaged about $500,000,000, but with the coming of the armistice, which made possible the discontinuance or modification of war-time restrictions on trade and released an increasing amount of shipping space employed by the military forces, and the large output of American shipyards, the exports became larger and larger until June, the last month of the fiscal year, when they were reported at $928,000,000. For the six months' period from January to June the monthly average exceeded $676,000,000. Perhaps a better understanding of the magnitude of our export trade during the fiscal year 1919, and the remarkable growth brought about by the war, may be had when it is realized that the average monthly exports during any fiscal year had never reached $100,000,000 prior to 1898, and that the $200,000,000 monthly average was not attained until the fiscal year 1913. For a few months after the beginning of the European war our export trade was...show more

Product details

  • Paperback | 240 pages
  • 189 x 246 x 13mm | 435g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236813413
  • 9781236813411