United States or Cayman Islands ? Vote for the TOP Country of the Week !
The next three days were employed in putting the finishing touches to our preparations for the long land journey and our precautions against the Masika, which was now ominously near, and in settling accounts. Shamba Gonera means Gonera's Field. She exports much cloth, beads, and wire into the far interior, and imports in return much ivory.
Naval dockyards should be constructed here and a proportion of ships built in them. Just as surely as there must be a balance between the imports and exports of a country, so must there be a balance between the revenue raised in a nation and the public expenditure on that nation.
Beyond lay the palmetto wigwams of the Indian servants who worked in the island fields of corn and rice and sugar cane, made wild cassava into flour, hunted with Mic-co and rode betimes with the island exports into civilization by the roundabout road to the south which skirted the swamp. Off to the west, in the curious chain of islands, lay the palmetto shelter of the horses.
Our exports to Japan for the year ended June 30, 1910, were $21,959,310, while for the year ended June 30, 1912, the exports were $53,478,046, a net increase in the sale of American products of nearly 150 per cent.
The feasibility of making our currency correspond with the constitutional standard may be seen by reference to a few facts derived from our commercial statistics. The aggregate product of precious metals in the United States from 1849 to 1867 amounted to $1,174,000,000, while for the same period the net exports of specie were $741,000,000.
The system worked fairly well until the second year of the war, when the balance of trade turned in favour of India and soon assumed unprecedented proportions. The enormous Indian exports could not be paid for in goods, as the Allied countries had neither goods nor freight available for maintaining their own export trade.
Our agricultural plant is in much better condition than after World War I. Farm machinery and supplies are expected to be available in larger volume, and farm labor problems will be less acute. The demand for farm products will continue strong during the next year or two because domestic purchases will be supplemented by a high level of exports and foreign relief shipments.
But while her supply from India in the twelve years from 1845 to 1857 increased nearly two hundred per cent, namely, from two hundred thousand to six hundred thousand bales, she has increased her exports of cotton fabrics to that country to such an extent, that, for every pound she imports, she returns a pound of thread and cloth enhanced at least fourfold in value, while she returns to the United States in cotton fabrics less than three per cent, of the cotton she receives from them.
Moreover, we hold large assets abroad the total owed this nation far exceeds the claims upon our reserves and our exports once again substantially exceed our imports.
From these statistics it appeared that, whereas in 1748 English exports to the northern colonies and to the West Indies stood at some 830,000 pounds and 730,000 pounds respectively, ten years later the exports to the West Indies were still no more than 877,571 pounds while those to the northern colonies had advanced to nearly two millions.
Word Of The Day