i8 



READINGS IN RURAL ECONOMICS 



have attained proportions averaging more than a milHon dollars 

 per day, which is two or three times the value of the wheat 

 exported, and all the way from three to eighteen times the value 

 of the com exported. In fact, they constitute on the average a 

 fourth or a fifth of the country's total exports of domestic mer- 

 chandise. The exports of raw cotton during the past decade have 

 reached an annual average value of $260,000,000, not to men- 

 tion an export of manufactured cotton averaging $22,000,000, 

 while the wheat exports, both in the form of grain and of flour, 

 have only reached an average of $138,000,000, and the corn ex- 

 ports only $51,000,000 per year. In general, we export about two 

 thirds of our cotton products, between 30 and 40 per cent of our 

 wheat, but only 3 or 4 per cent of our corn.^ Of course, it will be 

 remembered that we export a large quantity of our corn product 

 indirectly in the form of corn-fed cattle and meat products. Of 

 this amount we have no means of estimation, not being able to 

 separate the stock fed upon corn from that grown upon other 

 fodder. Of live stock we have exported during the past ten 

 years an annual average value of $43,000,000, including cattle, 

 hogs, horses, mules, and sheep ; and of meat, including pork, beef, 

 and mutton, and of dairy products, we have exported an annual 



* The figures are for the years beginning July i in the case of wheat and com and for 

 the years beginning September i in the case of cotton. 



