Therefore. this first period upon which Mr. Peek reported to the Presidentthis first period from 1896 to 1914is a typical period from which we can gain our instructive information. I turn to that balance sheet. and I point out to the Senate that one great item serving to balance our international trade and to pay for our exports abroad for this period is an item of $6.080.000.000 for this period. covering thhe amounts spent abroad by American tourists and the amounts sent abroad by our immigrants. From the same balance sheet. covering the -same period. I point out that we paid the external world a total of $5.271.000.000 during the same period for services rendered to us by the world. such as shipping and freight services. together with our interest in dividend payments on foreigners investments in the United States.
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immigrants