INFLUENCE OF ECONOMIC CONDITIONS : 
CHART 39 
EMIGRATION BY RACE 
Fluctuations in the Number of Emigrants of Selected Races in the 
Pre-war Period: 1908-1914. 
Ratvo Scale 
1 500,000 500,000 
® 
5 
All Races ~ /All Races All Races 
RY 
- 100,000 —x —— 100,000 
/South™® 
2 Italian 
i 
Polish .-North / \ 
German 9 ‘ofalian / 
Sea NE ~tA 
a. ry rl ” 
English 27 ow gi 10,000 > oC | 10,000 ET 
AR 4 /Scandin- a Russian ng eo 
g avian pe ~~~ Hebrew 
an 
RA, a 
woalioli ela] "°° loaodioln alae) “eles RT 
Years Ending June 30 
«For the numerical data from which the above chart was plotted, see the 1924 
Annual Report of the Commissioner General of Immigration, p. 118. 
THE INTERNATIONAL COMPARISON OF INDUSTRIAL 
CYCLES 
Significance. 
It is obviously pertinent to our problem to inquire into the extent 
to which business cycles are internationally concurrent. If, for 
example, the crest of prosperity is reached simultaneously in Ger- 
many and the United States, and if the high tide of immigration 
from Germany coincides closely with the peak of prosperity, then 
169