3rd. The payment of loans due foreigners;
4th. The payment of passenger and freight rates to foreigners owning foreign vessels;
5th. Money expended by Americans touring abroad;
6th. Remittances by foreigners in the United States to their friends or dependants abroad;
7th. Loans by the United States to foreign countries, which during this war are reaching gigantic proportions, or loans by U. S. banks or citizens to foreigners;
8th. Remittances from the United States to pay for foreign securities marketed in the United States, which have reached very large proportions during this war.
In like manner all of these unrecorded factors or any of them may apply to any of the foreign countries and transfer money or credits to the United States. For instance:
1st. The purchase by foreign banking corporations or individuals of American securities or properties;
2nd. The payment of interest or dividends on foreign securities or properties held by American capitalists;
3rd. The liquidation of loans negotiated by Europe or foreign bankers in America;