The same considerations apply as to wool.
We have now covered nearly half of Germany's pre-war exports, and there is no other commodity which formerly represented as much as 3 per cent of her exports.

In what commodity is she to pay?
Dyes ?--their total value in 1913 was $50,000,000.

Toys?
Potash ?--1913 exports were worth $15,000,000.

And even if the commodities could be specified, in what markets are they to be sold ?--remembering that we have in mind goods to the value not of tens of millions annually, but of hundreds of millions.
On the side of imports, rather more is possible.

By lowering the standard of life, an appreciable reduction of expenditure on imported commodities may be possible.