Show figures on exports and imports under trade agreements remarks of hon sherman minton of indiana in the U US S senate may 9 1939 from the congressional record mr MINTON mr president there was recently inserted in the RECORD some misleading information respecting the trade agreements entered into between the united states and other countries I 1 now ask sk unanimous consent to have inserted in the appendix of the RECORD the answer to this propaganda in the form of data respecting united states exports and imports of grain tattle cattle and other farm products under the trade agreements there being no object on the data was ordered to be printed in the RECORD as follows UNITED STATES EXPORTS OF GRAIN SHARPLY ADVANCE IN 1938 IMPORTS AT RECORD LOW LEVELS sharply increased exports accompanied compa nied by drastic decreases in imports characterized the foreign trade of the united states in grains and grain products during 1938 according to C roy chief foodstuffs division department of commerce A comprehensive survey of this trade prepared by ruch spicer grain specialist foodstuffs division will be available for distribution this week he said the survey shows that aggregate exports from the united states of grain and grain products reached a value of in the cal 1 andar year 1938 compared with in 1937 the grain and grain products export trade amounted to only in 1936 and in 1935 the 1938 valuation it is pointed out was the highest recorded for any year since 1929 the largest single item in the grain export trade was corn of which foreign shipments in 1938 amounted to bushels valued at or more than I 1 the combined value of all grains exported in any one of the 3 preceding years approximately half of the corn shipments were destined I 1 to the united kingdom and canada the survey shows wheat ranked as the second most important item in the 1938 grain export trade shipments abroad totaling bushels valued at this total was more than twice as large as that of 1937 and many times in excess of the 1936 and 1935 figures the united kingdom was the leading export outlet followed by the netherlands and belgium exports of milled rice in 1938 amounted to pounds valued at an increase of pounds and as compared with 1937 smaller gains werle were registered in shipments of other grains the only exception being rye which showed a slight decline exports of wheat flour milled wholly from united states grain grai in increased from barrels valued at in 1937 to barrels valued at in 1938 on the other hand exports of flour milled from wheat imported in bond for milling and export decreased from barrels valued at in in 1937 to barrels valued at in 1938 exports of biscuits and crackers were higher in 1938 than in any I 1 of the 3 preceding years as were shipments of macaro macaroni nl spaghetti Z and noodles all items of prepared cereals registered increases in the 1938 export trade over th the e preceding year with the exception of corn cereal foods ready to eat imports of grains and grain preparations in 1938 were valued at which was only 78 per cent of the value of reached by these imports in 1 1937 37 and compared with in 1936 and in 1935 last year it is pointed out was the first year since 1934 in which the value of imports of these products was less than that of exports practically all items in the united states grain import trade showed decreases in 1938 compared with 1937 and the years immediately preceding the greatest decrease was in imports of corn which amounted to only bushels valued at against imports of bushels valued at in 1937 no reduction in duty on entry into the united States has been made for flaxseed in the trade agreements program of the pounds of edible vegetable oils imported in jan uary february 1939 only pounds of palm kernel oil were subject to any reduced duty under the trade agreement program the tabulation in the congressional record fails to state that the two classifications of cottonseed oil and olive corn and other oils are included under the vegetable oils total shown and therefore represent a percent cupl duplication cation cottonseed oils and other edible vegetable oils except palm kernel oil ob I 1 have not been the subject of any trade agreements |