Show X noe ECONOMIC highlights n ac i ry y yc effect of the war abroad on d f ao rican business gradually be bc 48 es clearer and for the most ick it is different than was ex cx aien ed cd when hostilities began last lita kar amber tem paul mallon recently if f fished dished a brief analysis of the ration aaion furbishing it with facts etta considerable onside rable interest 4 st war lias has upped our ex cx al oton but curiously enough the N in sales to belligerents has rl y rh less than to neutrals total efort rise is almost 30 per cent prod 14 1 increase in goods going to lin pin has been only lp IP per cent demand for american accord plies has shown the startling the of per cent swedish buris burta ta up 67 per cent dutch 47 6 et cent and italian 41 per cent I 1 one ne believes that these couns are arc using all of what they M for themselves logical ex CrONa nation is that a large part of wa purchases is being transship t to I 1 0 ger germany m any which is unable a ade ade cli directly with us because of otje the allied blockade ka aln spite of the sharp total T ri W our exports a comparatively cited number of american in tries are booming because of 0 tot foreign demand for agriculture it 1 exports including tobacco i 1 lipping toward the point of non jsn gs tence and strange as it seems seem reign buying 0 of automobiles and clicks necessary as these are to ti lir has shrunk materially ap the belligerents are arc ahle ulf unit produce their own machines of IT import an sport without spending their hoarded gold for the at african 0 rican pro product d uc t t biggest increase for a any ny export is shown by alamin aluminum um 60 per cent that is 4 q S understandable as aluminum is s i i used more and more in in aslanes athanes and other instruments of hee itar ar aircraft exports have riser risen e to per cent and chemi bals and leather have all shown Ld advances vances of 50 per cent or more ithe ithe allied purchasing commis I 1 yon ion seems to be doing a capable ab yb by eliminating the campeti ive delve bidding between france and england which occurred early in the last war it has helped to hold prices arices down and it is working efficiently with this government so that our own national defense needs will not be impaired by forein foreign buying war war buying here will undoubtedly increase as time goes on though no sudden jumps are anticipated if commercial credits are 9 given iven finland and china through the import export bank tens of millions of dollars worth of orders will flow into american industry we arent experiencing a war boom but we are making money out of the conflict unfortunately it seems to be the verdict of history that we or anyone else must pay through the nose for such profits when the war ends and the exhausted participants must face the immense task of rebuilding shattered economies |