Review of the World's Commerce, Introductory to Commercial Relations of the United States with Foreign Countries

Review of the World's Commerce, Introductory to Commercial Relations of the United States with Foreign Countries

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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. 1897 edition. Excerpt: ...own account and act as general agents, they would find a variety and extent of opportunity not now appreciated. Most importers get from thirty to sixty days' time allowed theui iu taking up drafts of European exporters, or at least sufficient timo so that no hardship will be felt by the importer. Time is allowed, also, so that the buyer here may be able to take advantage of rise in silver to pay obligations in Europe, but, of course, he runs the risk of a drop at the same moment. Trade in Siain is conservative. This is not a new field--it has been the headqnarters of large British, German, and French firms for from forty to fifty years. Over 90 per cent of the imports are through old firms, including Chinese houses, who, in reality, are the traders of Siam. There are scores of rich Chinese in Bangkok who have made their fortunes here. If American exporters could get into close touch with these people, they would find a greater market. The increasing amounts of California and Oregon flour coming to Bangkok are imported by Chinese firms almost entirely, but through Hongkong, not direct. At present, certain large houses in England and Germany seem to have a monopoly of exports of European-made goods to Siam. One firm appears to supply nearly all the rice-mill machinery; another, the whiskies: another, the cottons; another, the novelties; another, the drugs; another, miscellaneous machinery, etc. But this could be changed by energetic effort, low prices, and good goods on the part of American exporters. United States inventions, especially in electrical lines and novelties, would find a fair market if properly pushed. But the great trouble here is the absolute lack of a strong American house doing an export and import business in Siam with its...show more

Product details

  • Paperback | 116 pages
  • 189 x 246 x 6mm | 222g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236623266
  • 9781236623263