Read Foreign Trade And Shipping Modern Business (Vol. 15)

Foreign Trade And Shipping Modern Business (Vol. 15)

Jacob Anton De Haas

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Description: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. 1919 ... world will be so tipped askew, in all probability, that the gold holdings of other countries will continue to fall into our lap. As the gold falls it will be added to our reserves. As those reserves grow, so will grow our credit structure based upon them. When the war is ended we will find all Europe depleted of its gold, staggering under a weight of inflated bank and government paper and under the direct stress to rebuild its stock of gold. The point of attack will be our gold reserves. The methods will be every means known to trade and commerce by which merchandise, securities, and credits can be exchanged for gold. These words describe the situation in which the United States found itself after the war from the point of view of the banker. From the point of view of the foreign trader, it may be stated in slightly different terms. The United States, thru the inflow of gold and the consequent increase in the price level, had become a good selling market, but a poor buying market. The level of wages, the prices of raw material and of transportation had advanced, placing the American business man in a very unfavorable position to do business abroad. The situation became the more serious since the amount of gold which had flowed into the banks was but the first instalment of a debt which our allies owe us. On October 30, 1918, these loans were as Great Britain,..$3,745,000,000 France 2,165,000,000 Italy 1,065,000,000 Belgium 80,000,000 Russia 325,000,000 Greece 15,790,000 Cuba 15,000,000 Serbia 12,000,000 Roumania 6,666,666 Liberia 5,000,000 Total $7,434,456,666 This amount and the interest must be paid in gold or in goods. The differences in price level will aid the foreign nations in settling their bills by the importation of goods, or will make i...We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Foreign Trade And Shipping Modern Business (Vol. 15). To get started finding Foreign Trade And Shipping Modern Business (Vol. 15), you are right to find our website which has a comprehensive collection of manuals listed.
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Description: 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. 1919 ... world will be so tipped askew, in all probability, that the gold holdings of other countries will continue to fall into our lap. As the gold falls it will be added to our reserves. As those reserves grow, so will grow our credit structure based upon them. When the war is ended we will find all Europe depleted of its gold, staggering under a weight of inflated bank and government paper and under the direct stress to rebuild its stock of gold. The point of attack will be our gold reserves. The methods will be every means known to trade and commerce by which merchandise, securities, and credits can be exchanged for gold. These words describe the situation in which the United States found itself after the war from the point of view of the banker. From the point of view of the foreign trader, it may be stated in slightly different terms. The United States, thru the inflow of gold and the consequent increase in the price level, had become a good selling market, but a poor buying market. The level of wages, the prices of raw material and of transportation had advanced, placing the American business man in a very unfavorable position to do business abroad. The situation became the more serious since the amount of gold which had flowed into the banks was but the first instalment of a debt which our allies owe us. On October 30, 1918, these loans were as Great Britain,..$3,745,000,000 France 2,165,000,000 Italy 1,065,000,000 Belgium 80,000,000 Russia 325,000,000 Greece 15,790,000 Cuba 15,000,000 Serbia 12,000,000 Roumania 6,666,666 Liberia 5,000,000 Total $7,434,456,666 This amount and the interest must be paid in gold or in goods. The differences in price level will aid the foreign nations in settling their bills by the importation of goods, or will make i...We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Foreign Trade And Shipping Modern Business (Vol. 15). To get started finding Foreign Trade And Shipping Modern Business (Vol. 15), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Foreign Trade And Shipping Modern Business (Vol. 15)

Foreign Trade And Shipping Modern Business (Vol. 15)

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