Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
History
Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
League of Nations; Treaty of Versailles (1919 June 28); World War, 1914-1918; World War, 1914-1918 -- Economic aspects; World War, 1914-1918 -- Finance
"The value of our own potato crop in the United States last
year was approximately $540,000,000 at the place of production,
and yet the amount entering international trade was only
$4,000,000. Our potato crop averages about 90 bushels per acre,
that of European Russia 100 bushels; France 135 bushels;
Austria 150 bushels; United Kingdom 124 bushels, and Germany
200 bushels and upward per acre, her large flavorless potato,
grown chiefly for alcohol, having reached and sometimes
exceeded 500 bushels per acre."
FUEL CONTROL
The coal industry was the one basic war industry. Food and munitions
were dependent upon the coal supply. It is not necessary to elaborate
this argument; it is patent to every one. The following table gives a
view of the coal production of the most important countries:
COAL PRODUCTION IN THE LEADING COAL-PRODUCING COUNTRIES OF THE WORLD
=========================================================================
Country | 1913 | 1914 | 1915 | 1916 | 1917
-------------+-----------+-----------+-----------+-----------+-----------
United States|570,048,125|513,525,477|531,619,487|585,372,568|621,409,629
Great Britain|287,698,617|265,664,393|253,206,081|256,348,351|248,473,119
Germany |278,627,497|245,482,135|235,082,000| |
Austria-Hungary59,647,957| | | 30,896,388| 28,558,719
France | 40,843,618| 29,786,505| 19,908,000| 21,477,000| 28,960,000
Russia | 35,500,674| | 27,820,632| 13,622,400| 13,266,760
Belgium | 22,847,000| | 15,930,000| |
Japan | 21,315,962| 21,293,419| 20,490,747| 22,901,580|
India | 18,163,856| | 17,103,932| 17,254,309|
China | 15,432,200| | 18,000,000| |
Canada | 15,012,178| 13,637,529| 13,267,023| 14,483,395| 14,015,588
Spain | 4,731,647| 4,424,439| 4,686,753| 5,588,594|
Holland | 2,064,608| | 2,333,000| 2,656,000|
=========================================================================
THE COAL SHORTAGE
A rapid advance in coal prices was inevitable under war conditions of
unceasing demand and diminishing supply. Says Mr. William Notz in an
article in the _Journal of Political Economy_, June, 1918:
Public-domain text, read in full here on John Shaqi.
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