IMPORTS AND EXPORTS, taken to gether, represent the foreign trade of a coun try; and, as such, they are indicative of its commercial status among nations. Imports are classified as those for consumption by the pop ulation, and those for re-export. In the classi fication of exports, therefore, the re-exports appear again, along with the domestic produc tion of the country. Generally speaking, a large volume and variety of imports for con sumption are the mark of a prosperous people of many wants, and of means to buy to their sat isfaction; and large imports usually are accom panied by large exports, the latter going to pay for the former, as near as may be, the balance of the account being settled in gold.
The relative activities of populations may therefore be gauged in large measure by their imports and exports. Thus, in Table A, the best showing is made by New Zealand's people, with a per capita export of $141, and a per capita import of $110. They not only paid with their exports for what they imported, but the balance of trade was in their favor by $31 per capita. Next in rank comes Switzerland, with a per capita of $122 export, and $118 import. Belgium and the Netherlands each show a total foreign trade of $221 per capita, although the balance of trade is against them. At the other
end of the scales are Liberia, with a total for eign trade of less than $1; China, with less than $3; and British India, with but little over $3.
The dates given in the table are the latest complete figures issued authoritatively by the individual countries named.
Table B gives the imports and exports of the United States for the fiscal years ending on 30 June of the several years quoted. With the values of imports are included the value of goods intended for re-export, which appear in another column. The last column shows the balance of trade from year to year, in all cases in favor of this country. The effect of the war upon the foreign trade of this country is plainly exhibited.
given to them which was called the Salon des Refuses (Salon of Rejected Works). One of the most striking pictures there was a land scape at sunset by Claude Monet (1840) enti tled an (Impression) The name was adopted for the new style; and painters who worked more or less in the same manner were called Impressionists. This group of men led by Manet, Monet, Edgar Degas (1834-1918), Paul Cezanne (1839-1906), Camille Pissaro (1831