Show ii U. U S. S IS HELPING TO T REBUILD WORLD AIL WAYS Exports of This Kind of Material Total More Than Tan in Year The railroads of or the world wend arc are now no turning tp t the United States for lor material wih with which to renew and enlarge their working plants Our exports of or railway I material in the fiscal year 1920 aggregated I ed over In value alue as against In 1918 and In tie the year before the war Necessarily says sas a statement by the National atonal City bank of or News York the worlds world's railways marked time Ume to a very vel considerable the degree during war especially espe espe- caly In new construction Even In our own country the number of ot miles mies of at road constructed In the six siX years since the tile beginning of ot the war has ha been move mope than that of certain certin single years years- ear during the period of our active railway construction In Europe the construction of ot new roads was was of course Imle limited bY toy war demands and In many cases the de destruction destruction de de- far lar exceeded the construction In other parts part of or the world which had relied chIen chiefly upon Europe for financing new construction and supplying materials materi als ala the Industry of or railroad building came also to practically a stand stana still sUI and the worlds world's railway mileage emerged from the war period showing but buta I a small smal percentage of gain gin over that at HB its beginning It is s not surprising then h a adds the bal banks bank's l' l sr statement e to find fIld that at ata our exports ex ox- ports of or materials for lor railways in I 1920 are six times as much In value as In the year preceding the war Indeed the grand total of material exported for railways would probably approximate and perhaps exceed If i complete figures could bp be hI obtained In certain lines such as steel rails other track materials locomotives lo locomotives lo- lo and cars both freight and passenger exact figures are available but but it I Is not slot practicable to determine what proportion of the worth of structural stel or the tile worth of metal working machinery exported In 1920 was for the railways In locomotives tIres tives t es alone the tile total exports In the tile fiscal year rear 1920 amounted to against I In 1919 and less than In the fiscal year ar 1914 all 1 of 11 which V hc preceded pro pre ii ceded d le f the cal war Of steel r rails the total i ifor for 1920 was against In ill 1914 and of or other track materials in including In- In eluding chiding frogs switches spikes and ad ties tes exported In 1920 against approximately approximately ap ap- proximately 50 In 1914 Railway cars for t freight h purposes s show very large totals in the exports r of 1920 O bO o against In 1918 and In 1914 This demand for new material for lor construction construction con con- or equipment of world railways adds banks bank's statement Is especially Interesting as an evidence of ot teh teb worlds world's growing confidence In the quality ol of American manufactures The calls cals for this high grade product come from every ever direction gade Of the tIle worth ol ot freight cars for tor steam railways exported In 1920 10 no less lets than worth went to France to Italy IalY and 5 to Cuba Of the worth of steel rails rais exported In 1920 the distribution distribution distri dIstri- was much wider worth to buton Japan to Cuba Cba to China Including the leased territory of Kwang tung worth to Brazil Brazi to France to British South Africa worth to the tIle Philippines worth to the Dutch East Indies and three quarters of a mil million milon mi- mi lion dollars to Peru Of the lon worth of locomotives exported In 1929 over worth went to Ia Italy 2 worth to France to Cuba Cuba Cu Cu- ba ba to Brazil to China Including tung nearl nearly a million dollars worth to Russia in Europe and one half million dollars dolas worth to Russia one hal In Asia white while neighbors our Canada Canada Can Can- ada and Mexico exico took about one half mil mn million lion dollars worth each lon This call from the outside world for cl worth of high grade manufactures tures turcs for use of 01 railways is merely a part adds the tile banks bank's statement of ot the growing world demand for our manufactures of or which our exports have grown from approximately ap ap- proximately gown In the year before be before be be- fore the tile war to In tho the fiscal year yea ending June 30 30 1920 and promise to exceed In the current calendar year |