Show FOREIGN MARKETS FOR FARM PRODUCTS PRESENT PROBLEM vast total of exports in past fast fiscal year reconstruction rec 0 instruction gives uncertain aspects to future trade abroad merchant marine advances nations commercial interests production costs increase in europe Wish ingan lite meats rits orion cotton wheat am witt ft hour or mail made up 70 pol pel cent of ue U totI a export trade in agrical to tuini at product blui during ing the hie finiak vear an euder bilm J june au aa itow ile hie total tot value mill of exports mom mas asibal tills this air 1 of I p at de bv be 0 ims ihma ovond tile alie total import ol 01 1 all it prod act to 11 till the led TI these a fig or huiea re lela cat a large go ases so arm fiennes for brewer lire war eare cars the total ex parts of all products for tile united states state in 11 1114 4 being increase due to war ald increase 1 in foreign commerce xin incer ras na caused by the war a was ras ande V fide by four major in ir measures 0 am a hie barma p markets of t alic 11 xu tah united stacey ator of in ame these war nummie were elm uhe taking af f international omata brue ventured to outline a de definite flatte program for far the thin period pel tod an and us a iet et jumble fact factor 1 in foreign tell arote Is di a mr tire caraang months I 1 Is tile result moult of it alie produce more and consul lew irve campaign being waged staged I 1 in europe it if hie a care palm meets meet with bencian re enox it 11 will result it 1 in continued use of at naps levs laptad fit return erema to ad und mal old and a deckena do de lead to for Ameil can to products pio ducts prior to tire the wr use ue the united states enjo ed a foreign borsig n market rather than abin n foreign ian trade bem B em came to the marke to credits credit I 1 ft w lt ath hAmIr american b banks km bought and ad ald for far our or pro products uc orle meted ter for old ping pine in unit of the alie car currency anil and a ahti of 0 their thear own couii natty try unit and lu in vessels tiling the th flag of their own ova no na I 1 at t 4 e load ng grain for far export th the amount of american america agricultural plied products ah pond ahmed abroad during the fiscal year erring ending J june 30 1919 V IZ izar exceed ar ed it three them and or one half billion dollar out old of the elm 1 I unit trade ft ec the extension of 0 credits edits by the united states goic crout to the atties it and ad other Lui countries amounting to approximately the ibling of all inland hiland nail ocean transportation and coin muni cat ion fir fa fil Bost and the distribution dit jorr of food stairs staffs r central j 0 organizations amb alb fool such each as t the h e d food c comini hion I 1 belligerent countries sustained by ere credits its from the united baat states es had made exten she contracts acta for far to food 0 it xu supplies and ad up upon the release of a ship ild J ping after the sterling signing of the armistice 0 R heavy movement of 0 foodstuffs re suited these contracts cont are about corn cam the credits extended by the united states imme have been expended and ad the eras of at mean reconstruction action be has trade must return to the p ehan chan nels inch of finance shipping and ad b barter after and the question location of our or future foreign commerce 1 Is import important at tile wit war he has left the v orld 1 I it lu in a complicated pout 11 1 1 mun merd industrial and social situation attention and few statesmen or eerie econ if alon the entire at tr s et were a on sur ten box basis of kew I 1 y york 0 or r Ameil can ean board and ad embed calv 1 it car efm tied knowledge of tile factors factora of for own trade on an the dec part of the arnett amerl ran mu vendor in 0 only a limited WR sea iyar ann cnn it it be sold old that american merri tend has heretofore penetrated foreign markets perhaps the greatest gren teet angle ml n factor 1 in our mar future ran frus foreign bra trade in ia arll tural products I 1 Is the american america 7 mer Z chant marine on june 30 1814 9 14 the marchunt mart hunt mulan of the but united lulled kingdom late totaled I 1 ed 20 sense torel ton and tint of if t the lle united sales gs g s tons tom on august 1 1919 the merka ra t clairine totaled 8 IN gross t tons the total ma number of i being 12 which ul leb include til rd 1071 now new cammins 58 0 ex get ships and ad six 1 e A it an ships production costs costa increased in europe llie ili c cost 1 of 1 production I 1 in european Euro ri penn alcon r commies ft ill it be increased 1 over near ali tha tusin pre ar period her because of 0 the ch chalas alls in jabor readi conditions 1 in it the it r of rech liany nal oil nel nellard laid ot of production alanl ameilla wn ina lie be counted upon no to keep well ell apace the cost of at up bimat reduction production a aud it i labor bar a and lid alie a I 1 in cemedo shipping and b smiling banking facilities ss as compared with ill prewar competition conditions a greatly favor uns iha lidd merican tinder llie tru uncertain ment factor in the ildi IT immediate di fares of our to foreign Is trade 1 Is tile unsolved problem ol at coign cie d ft at till isles film ot of eschan gp 0 october bar 6 1919 a bushel of wheat beat which emer costs 2 am t f 0 Is bt at our or at hatic ports in 11 terms of an our money 0 ahr md d would be worth abroad the so equivalent 11 1 bof or in briell money 3 J in french money anner 1 in tot itol lan ian mories money and 1347 1 la german money if the depreciation of kine iuro I uro peral money continues or 1 the cut rate of 0 brug exchange be becomes more a demand it will probably restrict imports not only of if bread but bat also of othart the com commodities to tho the b bare ecat ces 7 suluia and will constitute a powerful erful a ulus I 1 in foreign coul countries to production or |