Inhaltsangabe
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1916 Excerpt: ...with the seasons. In many agricultural nations the increases and decreases in abundant coffee crop on the plantations of Brazil, a fine yield of tobacco in Sumatra, a "bumper" wheat crop in the United States, react without fail upon the country's place in world commerce. The seasonal movements of commodities also affect world distribution. When the annual crops of wheat, of other cereals and of cotton fill trainload after trainload to our seaboard ports, the demand for shipping becomes more and more insistent. The strain on our financial institutions handling the payment for these exports increases. Ships and capital are diverted from other services to accommodate these products. Ocean freight rates rise, and where every cent counts in the fight against competitive goods it is often of vital importance to the shipper whether or not he is located at a port where a temporary seasonal increase in shipping has enhanced the shipping rates. Some relief in this regard has resulted from the entrance of Australia and Argentina into the list of food-producing nations. Since the seasons in the southern hemisphere are the reverse of those in the northern, the crops of these countries are ready for distribution six months later than those of North America. This more even division of labor in the task of feeding the manufacturing nations has tended to stabilize the foodstuff trade. From earliest times nations have exerted governmental control over trade. Monopolies have been defended by force of arms. In the seventeenth century clashes land for the control of the valuable trade of the Indies. The war of 1812 grew out of restrictions placed on our trade by Great Britain. It is safe to say that the present war recognizes commercial rivalry as one of its contribut...
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