BULLION ~ THE BANK OF ESGLANp-QUANrfTY AND VAL


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This table shows the amount paid for wheat imported
each year. and the effect of the importation upon the
supply Of bullion In the bank The decrease in the bull


lion from 1888 to 1889 6o 900 nd the amount paid
foreign countries for wheat was more than seven mil


lions OF pound sterling. From 1897 to lsas there was
more than thirty millions pound sterling equal to al
least $3.50 600 paid by Great Britain to foreign
tries for the single article OF wheat England is com
PEELED to import corn from countries with which she hss
very limited export trade Russia Poland and Prussia
supply the principal wants of Great Britain for corn n
'eSs only 1882 barrels OF -four exported from
the United States to England; in isaO $40 1885, in Al
2os,9sa 1912, 2os,02l and in Is44, 1917 2es A de.
mand in England for corn first supplied by the nearest
foreign ports having supplies and the ports Of the Baltic
have the advantage over those more distanly located
The importation of nearly every other article into Great
Britain can be regulated by trade and the exchanges
'he country sustained at uniform and favorable rate.
Inc import and export trade of England with other
countries is so regulated that export Of bullion any
extent prevented, but when demand for corn exists
~ deranges the usual laws of commerce. in
all other articles, and draws England into q
more direct trade with countries having limited COM