The Archive · 1916

AMERICA'S ENORMOUS HOME TRADE

Since the outbreak of the European war the exports from the United States have increased onormously. According to figures made public lately by the Department of Commerce at Washington, the increase of American experts for the year 1915 was 70 per cent. he volume of the exports amounting to 83,555,000,000, Imports were the smallest since 1912, However, the volume of imports was sufficient to bring the total foreign trade of the nation—counting both exports and importe—in exoces of five billion dollars.

Large as are these figures, how-says. the "Chicago Daily they are trifling when compared with the value of the home trade of the United States. In a recent issue of the "'Annalist"' are presented statistics that show the value of the home trade of the United States for the year 1915 to be in excess of $500,000,000,000, or one hundred times the volume of the largest foreign trade for any year in the history of the nation. All of our foreign commerce since the civil war's close made less than one-fifth of the home trade of the Uni'cd States for the year 1915.

Foreign trade is important and its extension is gratifying. Still, the great market for the products of the United States is this country iteclf.

Text read from the printed page and cleaned; old type leaves the occasional error.

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