Great Britain is able to maintain an ever increasing rate of armament production and yet have sufficient resources available to develop ber export drive. It is thus clear that despite the recent concentration of German attacks on Eritish shipping, the replenishment of British stocks of raw material has gone steadily forward. Indeed Great Britain's raw material position has improved to such an extent that the Government has been able to restore allocations of such material for firms engaged in manufacturing for the export trade. Any impression sought io be conveyed by German propaganda that British industry is unable to deliver goods is a false one. The facts are exactly the reverse. Without diminishing her production of munitions, Great Britain has been able to maintain her exports to the South American continent, for stance, on the level of preceding months, Great Britain's ocean-going transport facilities play an important part in the export drive. Since the war began, some 100,000,000 gross tons of shipping have been escorted by the British N: This represents a cargo-carrying capacity of about 150,000,000 tons. Out of this total only 47 British and neutral ships have been lost, the tonnage of such ships being only about 0.25 per cent. of the gross tonnage convoyed. On the other hand, up to July 15, last Germany's mercantile shipping losses amounted to approximately 887000 s, while Italian losses of merchant ing are about 244,000 tons. With the full allocation of raw materials available to British export trade and with British merchant shipping adequately protected by the Royal Navy, Great Britain is in position not only to maintain but to expand her export- drive. o Metoukou Mines Sales And Production Messrs. George McBain have received information from the Mentoukou Mines that for August, production of coal was 27.930 tons, and sales amounted to 22,657 tons.
Text read from the printed page and cleaned; old type leaves the occasional error.