IV

It was not, however, through any of these artificial means that real relief was brought to the community. While bankers were laboring to perfect the gold fund, and while the negotiations with Great Britain were in progress, foreign trade was being re-established through the effective policing of the North Atlantic, the re-establishment of demands, and the resumption of the ordinary course of business. What took place during the months of August and September can be understood from ... comparative figures for importation and exportation which make an impressive showing of the suffering to which the United States was subjected through this decline in business. With the opening of October there came, however, a decided improvement. Time had now been given for the establishment of normal conditions....