Tourists

This year all evidence agrees that the U. S. tourist rush to Europe is unprecedented in numbers and cost. Europe's industries in general are 'depressed, but her long-established and highly organized tourist industry is now booming. Steel makers and coal miners may complain, but hotel keepers are cheerful.

The Holy Year at Rome has drawn many tourists to Italy, and expenditures this year by tourists is estimated at three billion lire--or, at market rates, about $111,300,000. Estimates in France as to 1925 tourist expenditures there range between five and six billion francs --or about $250,000,000. Tourists are even pouring into Holland, where the thrifty Dutch calculate they will this year leave behind them 50,000,000 guilders--or $20,060,000.