136 PRODUCTION AM) CONSUMPTION'. 



As already pointed out. South Africa exported, in 1915, less 

 of its principal aj^ricultural ])ro(lucts than it did in 1913, to the 

 value of i2,6o7,88o. ( )n the oilier liand. new exports (beef and 

 eggs chiefly) amounted to about 1114.000. while there was an 

 increase in the exportation of minor j)roducts to the extent of 

 about £200,000. These two amounts, together witli the saving 

 in imjwrts of £51(^,000 already mentioned, have to he deducted 

 from the adverse balance of £2.()07.88o on exports of major pro- 

 ducts, leaving a net balance against 1915 of. say. £1.777.000; 

 and this is nearly equal to the loss (£2.209.815) caused by the 

 slump in the ostrich feather market. Therefore, even if this 



