| Show IT is F ARREAGHING r I i Prosperity of United States I Extends to Old World J GREAT BRITAIN PROSPEROUS No Sign of Any Falling Off in tho 4 United States Home Market nnd Industrial Activity Continues al High Pressure View of n British Trnde Journal on the Situation Which Has Just Reached the Treasury Bureau of Statistics No Fall in Prico of Foodstuffs TRIBUNK SPECIAL Washington Oct ZQThe prosperity pros-perity of the United States Is counted ns a reason for the prosperity of Great S Britain and her colonies by t the British S Trade Jonrnul a copy of which has I o jut reached the Treasury bureau of Sfrtlstlrs So great Inn been the prosperity of 1 the UiltP l Suites It says during tile I past two years tlat the demand among the pioplc of the Republic for many classes of igrieultuml produce and of cattle has exceeded the supply Hence 1 there has been a falling nil In the ox ports of these commodities to Europe and the remll Js J witnessed In the higher high-er pricOB now prevailing there Yet another I an-other reason for the rise in prices was a shortage of the corn crop of IDOL INDUSTRIAL ACTIVITY A rcyent1 the article adds there Is no sign or uny falling off In the 1 5 United Stales home market Industrial Indus-trial activity continues at a high pressure I pres-sure and even the enormous production t produc-tion of pier I Iron amounting now to 1 S about IS000000 tons per annum of the I United States la I liadequate to meet tle requirements of Its general building ship building hardware and other trades In which lion or steel Is employed em-ployed and the consequence has been that during the last few weeks large shipments of pig Iron and steel have been made to the North American lIeS lIe-S public from Great Britain and Ger l manyPROSPERITY PROSPERITY IX COUNTRY 5 Commenting upon the effect of the I extreme prosperity In the United States upon conditions In Europe and In Brit ish colonies the article adds So long as this business activity lasts In North America there la l IKtlc probability of a ran in the price or meat and other foodstuffs The consumers of Europe are complaining of the Increased prices 5 resulting from these altered conditions Nearly alj classes of cereals and of meat and other provisions which used to be received In Increasing quantities S from the United States have been raised In value and consumers are beginning be-ginning to ask whether the British colonies and South American countries cannot come to their assistance There Js every encouragement therefore for the cattle and wheatgrowers of Aus S tralasia Canada and of the River PlateS Plate-S to extend their production and to ob S lain a share of the higher prices now prevailing in the markets of Europe NEED MEAT Europe under present circumstances is able to take all that those countries can send whether In the shape of live cattle or frozen meat as well as In cereals and cotton The lastnamed commodity Is the source of much anx Jety to tho Lancashire cotton manu facturer who finds that he Is almost entirely dependent upon the United S States for Indispensable corn modi l ty He Is therefore anxious to buy from other countries and to encourage the growth and development of the cotton trade In South America This is a condition of things which has not existed for more than a generation and It opens up a vista of prosperity for our colonies and for South American coun tries which until now was supposed to belong only to the North American Re publl |
