Balance of Trade May Hide Hidden Costs for U S
The article explains that actual U S balance of trade may be lower after subtracting incidental costs. It cites Dr E E Pratt noting interest paid to Europe, tourist outlays, remittances from abroad born citizens, and foreign ship freight as eroding profits. It notes 1914 apparent balance was 540 million but actual balance near 55 million.
MENTIONED IN THIS ARTICLE
E. E. Pratt
Bureau
United States
England
Germany
France
Holland
Europe
Bureaur of Immigration
America
Pratt
Com
War era trade profits and debt shifts described
The article argues that during wartime the United States enjoyed growing favorable balances and rising export profits, while European debt to America shrank. It notes reduced European borrowing, offset by increased American lending, and cites high freight costs, protective domestic spending, and tourism savings as factors shaping the balance of trade and national prosperity.
MENTIONED IN THIS ARTICLE
Ballance
Sam
United States
America
Europe
Stock Exchange
Sweden
Argentine
Russia
Camberlain's Colic Cholera and Diarrhoea Remedy Ad
Promotes Camberlain's remedy as essential for families especially in summer. Highlights the pain of waiting for medicine and urges obtaining it promptly. Advertisements note availability everywhere.
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Joic S
ECONC
Ewer
Awear Miles
Devonshire
Palm Beach
Fletcher
Frederic J. Haskin
Starstones
Spence
EAGLE
Damon
Pythias
Oto
Anna Alice Chaplin
Albert Payson Terhune
John Fleming Wilson Louis Joseph Vance
Frank Norris
James & Lawno
Main Street
the Economy Furniture Store
Main St
Bell Phose
We Bus
Sell_and Exchange
Mulheran
Jackson
Broaddus
Montpelier
Pike St
Col
Virginia and
Wilson St
West Viginia Bank
West Virginia Bank
Waldo
Clarksburg
George L. Duncan
H. R.A. Farland
LD. Griffin
Cashie
Pike Se
Bell
Remakaile
MLE
Black-Krohme
Gere Black
the Union Dentists
Merchants National
Duncan
Stealey
Duncan Avenue
The
Willison
Goff Bidg
Clarksburg Trust CO
W. VA
Pike
Postoffice
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