DENMARK'S PROSPECTS 63 



Russia is at the moment probably one of the 

 most promising fields for industrial development 

 not only in mining, oil, etc., but also for those 

 industries which are working up the raw materials 

 provided from her agriculture into manufactured 

 articles. The low purchasing power of large num- 

 bers of her population is but an index of the 

 extent to which an increased consumption of 

 foodstuffs, resulting from industrial development, 

 would limit her exportable surplus. 



DENMARK AND HOLLAND 



Two old-world countries, Denmark and Hol- 

 land, have by a specialisation in intensive 

 culture marvellously developed their agriculture. 

 Denmark is both an importer and exporter of 

 agricultural products, imports consisting of bread- 

 stuffs and butter chiefly from Siberia which is 

 subsequently re-exported. Also large quantities 

 of feeding stuffs, such as wheat offal, oilcake, 

 maize, oats, etc., which form the raw materials 

 of her exports of butter and bacon. From Den- 

 mark the United Kingdom imports butter not far 

 short of a third of her total Overseas supplies. 



The complimentary product of Denmark's 

 dairying industry, bacon, of which her exports 

 amoum to a total of 2,000,000 cwt., almost the 

 whole total of which is sent to the United King- 

 dom, account for o..e half of our Overseas sup- 



