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Show I POWERFUL UNITED STATES. j During the last fiscal year, endeil June ;;0 1920, the outside world became indebted to the exporters in the I'nited States to an amount nearly equal to three billion dollars. Our foreign trade for the twlve months was ncr thirteen billion W dollars. Our exports were $8,111,000,000 and our imports $5,23000,000 No nation has a foreign trade comparable with this The total I rf foreign business represents more weslth than there was gold and lilver in the world when Bryan made his famous "cross of gold" speech in 1A96. The United States has cast off its baby clothes and toda stands as a giant in the commerce of nations. Back in the day of Cleveland and McKinby the balance of trade was against the United States and this country was deemed loo timid to venture OUt on a real contest of bus.ness getting with fl the industrial centers of Kwrope. Today America is the maker ol oot only its own destiny, but the controlling force in world affairs. America no longer is isolated, but a powerful influence in every book and corner of civilisation. |