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George's Channel lies a country whose annual imports amount to sixty-five millions sterling. This trade in manufactured goods is not only already enormous; it is rapidly growing. It has increased by more than four millions in four years.
He knew that if he allowed himself to fall asleep he would begin to snore loudly; and so he must listen he must be interested! But he had eaten such a big dinner, and he was so exhausted, and the hall was so warm, and his seat was so comfortable! The senator's gaunt form began to grow dim and hazy, to tower before him and dance about, with figures of exports and imports.
The Grand Hotel in Rome, for instance, had to give up 300 tons which it had in its coal bins. In 1915 France had been importing 2,000,000 tons of coal a month across the Channel from England. Because of the ordinary loss of tonnage the French coal imports dropped 400,000 tons per month.
If we take the six months ending September 30 last, which covers the time during which sugars have been admitted free of duty, the per cent of value of merchandise imported free of duty is found to be 55.37, which is a larger percentage of free imports than during any prior fiscal year in the history of the Government.
With the produce of this plant the natives pay their tribute, purchase the necessaries of life, and provide themselves with clothing. The imports of this article into Great Britain in 1859 were very considerable, while the United States also imported a very large amount. It is used for cordage by the ships of both countries.
So that if the very worst anticipations of the Government were realized India would be a large gainer by the fall to a 1s. rate of exchange, and the finances could be squared by increased taxation, which, if levied considerably on imports, would be distinctly a popular measure.
Literary loans and imports give the forms into which it can be moulded, but without them it would still exist, and they are only the means by which a spirit which is in life itself, and which expresses itself in action, and in concrete human achievement, gets itself into the written word.
Nothing is more certain than that, in the usual course of things, and taking a series of years together, the value of our imports is the aggregate of our exports and our freights.
The average annual value of these imports, during the last five years of that period, viz. 1783, 4, 5, 6 and 7, appears, from the same official returns, to have been about L90,500.
These exports will be utterly inadequate to pay for the vast quantity of imports which Russia needs. Russia must, therefore, obtain credit at any price. The members of the Soviet Government realize fully that as a preliminary step to the obtaining of credit the payment of foreign debts must be resumed and, therefore, are ready to pay such debts.
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