The deeply interesting Trade Survey which is published quarterly by
the British Electrical and Allied Manufacturers Association (36 Kingsway, 5s.) is a publication we would commend most heartily to everyone concerned in industry or finance. The paralysis of our overseas trade, brought about by the coal stoppage, is well shown in a series of graphs. Germany is producing more coal than we are, the United States unloads more tonnage, Canada, the United States and Germany (with Canada first), all produce more electricity than we—indeed, there is only one field where we are leaders, and that is in the export of electrical machinery. To obtain the same standard of electrical development as exists in Germany we require an additional four million horse power of electrical energy. These are figures to give one pause, and we heartily agree with Mr. Quigley that a national electrification policy is necessary for our prosperity.
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