Show HOW ENGLAND HAS SUFFERED Each month a review Is Issued by Barclays Barclay's bank of London covering cover cover- ins ing trade conditions of England In- In Including eluding exports and Imports The report for June Indicates an ad- ad adverse verse erse condition which is disturbing 1 to British I r Compared with the period before before t the c war the falling of off In trade Is alarming Laid up shipping in n British ports ports' points to a big drop drop There are I tons idle In the harbors harbors' harbors which Is double that of last April lu In the first six I months England s adverse balance of trade was but this big to be met It Is uti- uti estimated mated that England through In In- Investments vestments abroad shipping shipping vand and other sources of revenue was ns not drawing on Its capital This shows how powerful finan- finan financially England was prior to the War and how widespread were the A committee appointed to In in- inquire quire Into the unfavorable trade conditions reported on contributing ing causes as follows The chief Influences responsible for the decline In pow pow- power er r are arc fairly well known The Tho des des- destruction traction of manpower and capital bY the war the mental and physical physical cal exhaustion the devastation of territories the derangement of fi- fi financial and credit structures and the alterations in political fron- fron tiers have haTe had a most adverse ef ct feet upon production generally not only In the belligerent countries but also in those which regarded such countries as the normal out out- outlet let for their products The reduced purchasing power has been most in central and eastern Europe particularly Russia and inthe In the near and far east Trade rn- rn tI of various anous kinds have against e. e recovery while fur Cor a time tho falling ailing tendency or of prices also had a a. depressing effect far Cor there thero was a general tendency to postpone purchases as long as possible po Great Britain being par par- particularly dependent upon exerts ha has acutely felt Celt the effects of these adverse al conditions ns and would have felt them still sUll more directly were it not for Cor the fact that the shock has hasI bEen absorbed not so eo much by an any I decline in the general standard oC of in th the as by a reduction n amount of our normal difficulties still remain particularly In certain areas arp Many countries have not I yet returned to ordered financial or i political conditions there remains a I. I lack of oC commercial confidence and credit and trade Is still ham m. hampered by numerous restrictions It bEcomes more evident every everyday day that the war had a upsetting effect on world trade nn- nn |