OCR Text |
Show OPPORTUNITY A GREAT ONE I Chance for Trade Expansion In the United States During and Following Fol-lowing tho War. In reference to the prospective enor-; mous foreign demand for American I manufactured products, tho American ' Machinist points to tho fact that the I world outsldo of Europo needs machine ma-chine tools alono to the yearly amount of $7,750,000. In machinery proper tho requirement la about $130,000,000. These- figures are based on United States, British and German exports. Somo machinery is sent abroad from Belgium and France; thus the totals given above aro conservative. Tho world's manufactured products are made by machinery, and machinery ma-chinery is built with machine tools and small tools. In estimating the opportunity now in sight, tho parallel we naturally turn to Is England, during and immediately imme-diately after tho Franco-Prussian war. Parliamentary reports give most striking strik-ing facts in this connection. There was an unexpected trado expansion. The national lncomo Jumped from $5,-500,000,000 $5,-500,000,000 in 1870 to $G,700,000,000 in 1S74, an increase of Jl,200,000,000. During 1870-1874 England was manufacturing man-ufacturing for tho world. In 1914-15 tho United States must manufacture for tho world. ' |