The United States and Trade We mentioned last week the
estimates of the millions of men out of work in the United States as comparahle to our own figures of distress and as worse in the richest country in the world than in any but our own. There is no better news to give this week of conditions either here or there. The reports of exports and impoits from and to the United States for June and July have shown a further heavy fall, whether in trade with Great Britain, Canada, or other countries. The obstacles that the Government at Washington put in the way of foreign trade react upon the United States as well as on the rest of the world, and increase the world-wide depression. We are glad to see that the drought has broken in many States, and we hoPe that the rains are not too late to help the crops. In Canada, the new Prime Minister is credited with having eagerly begun to prepare for an upward revision of tariffs to be proposed to Parliament when it meets a month hence. Whatever Imperial preferences may be granted, we are unlikely to gain much trade and the United States are intended to lose thereby.
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