[1] Within last two or three years foreign trade of the United States has very much expanded and

Also does a close push on that of the Great Britain
[1] Within last two or three years foreign trade of the United States has very much expanded and has exceeded foreign trade of Germany,
Also does a close push on that of the Great Britain. The aforementioned statement has been intended to present a situation as existing during the period of several years.
SPECIAL SHOPPING CENTERS OF GERMANY

The commercial project has close similarity to the letter from one person to other requirement that

The commercial project has close similarity to the letter from one person to other requirement that a certain sum of money to be paid to the person who calls, or to bank or firm for which it operates. For example, the project shown on the first illustration, could be formulated something as it: [27]

To illustrate exchange principles allow us to assume, that following transactions have occurred:

C Boston has sold the goods? 2000, to H Hamburg
To illustrate exchange principles allow us to assume, that following transactions have occurred:
C Boston has sold the goods? 2000, to H Hamburg.
D Chicago has sold the goods? 5000, to F Glasgow.
M.Chikago has sold the goods? 3000, to K London.
E Philadelphia has sold the goods? 6000, to R Paris.
P New York has sold the goods? 1000, to Paris.

After establishment of national bank system большее number of the banks included according

After establishment of national bank system number of the banks included according to laws of these several states, have been organised as national banks. With others, however, the rights to a problem did not outweigh some inconveniences of national system and as a result there is now an important class of banks, and the loan and the companies organised according to the state legislation and continuation business of the loan and the deposit. Instructions under which they work, are necessarily various, and the quantity of public supervision on them changes on the various states. The State Banks already existing when the national bank system has been organised, have been obliged to leave their reference of the note, owing to the fact, that the government has imposed the tax of ten percent. On their reference. The taxable object consisted in providing resignation of the state banknotes, to create a place for the reference of national banks. The internal mechanism of the State Banks differs, but it is a little from that from national banks.
[221]
II. SAVINGS BANKS AND THE COMPANIES
SAVINGS BANKS

Prosperity of Germany and advancement cannot be completely measured by statistics

Prosperity of Germany and advancement cannot be completely measured by statistics. Nobody can predict, what it will be, as it is partially based on elements from which unfortunately other countries did not take a lot of account. [105] Germany turns attention to practical formation of its people than any another
The nation in the world. Its system of a technical education is stretched on the whole empire, and provides the technical instruction for each class of people and for each employment of evening schools of people for already involved in life work, agricultural schools, forestry schools, business schools, extracting schools, naval schools, and schools in each branch of a manufacturing industry, besides, certainly, schools for formation of what intend to follow the studied trades. As consequence of it very much the general condition of a technical education, in German industrial prosecution the class of the workers who have been not found at seminars of any other compatriots of industrial skill and experience, and at the same time the highest scientific technical achievements in branches of a science which have especially for their work there is occupied. These men work over salaries which in other countries would consider ridiculously low. In almost all other countries possession of sound scientific formation - the passport to social distinction, and each trade is opened for it who has the right to enter into it. In Germany, however, the studied trades, and especially official positions of army and fleet, are almost exclusive reserves of those who is born to the social category. The formed simple person, therefore, should find a shelter directly to make, trade, or trade. From this follows, that scientific skill and investigation extend in German commercial industries than in that of all other nations more widely. While, however, the German handicraftsman equal in its special technical skill was not firmer the specialised English competitor, and as consequence of it, it is more than one sixth full import of Germany consists of the goods brought from England mainly finer kind of textile fabrics [106] and article gland
And a steel. This inferiority in specialisation in German workers cannot long proceed, and the successful competition of Germany to industrial advantage of the Great Britain can is fast to be the tremendous fact.
MINES OF GERMANY AND MANUFACTURING OF HARDWARE

To organise the joint-stock company, it is necessary for many people to unite and make the

To organise the joint-stock company, it is necessary for many people to unite and make the certificate in the sense that they suggest to generate the company to have the certain name, for the purpose of carrying out of a certain kind of business in a certain place. The certificate declares, that they suggest to let out certain number of actions of a stock for a determined price in the action, that the fixed capital should be certain quantity, and that the company should continue to exist for a certain time interval. The blank forms for such certificate are delivered by the Secretary of the state where the company will be organised and when such certificate is properly filled, signed, and put to it, it lets out the licence, or charter-party, to the people doing such certificate, giving to them the permission to open the book to sell a stock, and to continue the enterprise depicted in general.

D pulls in the similar way on F

D pulls in the similar way on F. E involves R, and P on G.Predpolozhite, that instead of involving K receives the project delayed by Bank B of London on Bank of New York, subject to payment to order .

Though India - now basically the agricultural country, its people were from time immemorial experts

Though India - now basically the agricultural country, its people were from time immemorial experts on manufacture. Internal textile manufacturing and internal metal manufacturing of India were the whole eternity among the most beautiful and are inventive in the world. These internal manufacturing are mainly pursued in small villages from which is more than a half-million in India. But under influences of the modern civilisation entered by the British rule, the domestic industries of the country concede now to factory industries. They already became well established, and quickly increase in number and importance. Stability of India as the nation so is well assured now, that the capital can be available there so cheaply as in England or the United States. Besides, the joint or joint-stock enterprises are extended. The Indian people, with their natural ability to intertwine, do best of textile employees, and India has chances soon to become the huge competitor of the Western nations in textile . In twenty years cotton spindles have increased the sixfold. In ten years cotton production has increased the double. Bombay became one of the greatest cotton centres in the world, some kind of Liverpool and incorporated Manchester. It has actually closed doors of India to the English made claps of cheaper grades. The made clap of Bombay even send to England in large quantities, but the basic export to China. Full export Indian manufac [136] tured a clap
$23,000,000. Other important modern manufacturing - jute manufacturing. Jute factories of Bengal compete now to that of Scotland, and full export makes 17 500 000$. Similar development is expected in iron as already iron fusion has begun. But, despite these events, India still remains the huge market for the goods of an industrial function of England, especially in claps and hardware and cars. Value of annual cotton import makes of England 100 000 000$, equal to total of export of England of the goods of each kind to the United States. Value of annual import of hardware and cars makes of England 35 000 000$.
EXTERNAL AND DOMESTIC TRADE OF INDIA

Cities of China are big and numerous

Cities of China are big and numerous. Beijing (1 500 000?) The capital, it is not opened for foreign trade. Actually, it has no trade of any kind, and receives its whole importance from this to be a government place. But at Tianjin (750 000), port of Beijing, and important 'the agreement port,' is the big trade, both foreign and local. Tianjin and Beijing are connected by rail and as the Russian government has acquired the right to connection of Beijing with the Trans-Siberian Railway, more than possibly, that in time Tianjin becomes a final stop of that railway. From 'agreement ports' except Tianjin the head Shanghai, Hankow, Fuzhou, Hangchow, Amoy, and Canton. Shanghai (405 000) exceeds all other ports of China connected in number of its foreign trade. Its foreign trade - it is valid, almost three fifth that from the whole empire. And total of the foreigners living in China (in 1896 has told to be 10 855 whom 4362 were the British subjects and Americans 1439), approximately one half lives in Shanghai. Shanghai - it is valid, New York of China, and if railways only have been constructed from this (as have been offered) to the capital, Beijing, and Yang-tse-kiang to Hankow, and by means of [145] cities of coast
To Canton China would begin a new era in her career. Hankow (800 000), on Yang-tse-kiang, approximately 700 miles from his mouth, is the main shopping centre of area of China making tea. Ocean steamships rise on the river to Hankow for their cargoes. Fuzhou (650 900) also have a big export trade in tea. Hangchow (700 000), one of the most beautiful cities in China, is also the main city for manufacturing of silks, and the gold and silver product, a varnished product, and admirers. Amoy (100 000) has the best harbour in China and huge trade in import, taking a place in this respect then after Shanghai. Canton (2 000 000?) The greatest city in the Chinese Empire. The considerable part of its inhabitants lives in boats. From these 'floating houses' there as speak, 40 000. Canton Foreign trade near to that from Shanghai. As soon as it was above, now it - a lot of subordinated. Its manufacturing, however, are still important and include silk, a clap, a glass, porcelain, a paper, the sugar, a varnished product, both the goods of an ivory and the metal goods. Nanking (150 000), once capital of China and once the greatest city in the world, is now rather small city. Though agreement port, its trade it is not important. It was once known for its beautiful tower of porcelain, 200 foots in height, but it is destroyed now. In China there are many other big cities.
China and its main shopping centres.
[146]
HONGKONG

Exchequer Stock

Exchequer Stock. It often occurs, which the new company finds necessary to postpone certain number of actions, which will be sold from time to time to provide a working capital. Such stock is spent in exchequer while it is not necessary, and is named by an exchequer stock.

Notice illustrations

Notice illustrations. The notice of the protest to the left of Number 1, 2, and 4 is intended for the bank representing the project for payment. The reason for this purpose will be completely explained in our lesson on a paper to which object. (See XIII.), Number 2 shows the approved project which is subject to payment to the order of bank in a city on which it is delayed. Number 1 is subject to payment to the bank order in a box city. Number 3 is the project of the kind which is subject to payment to the order of bank and accepted subject payment in bank. Number 4 is the urgent bill of exchange which is subject to payment to 'to us is direct' - that is, the Metallurgical company of Pennsylvania.

The commercial superiority reached many of big cities of Great Britain, does not occur absolutely

The commercial superiority reached many of big cities of Great Britain, does not occur absolutely because of the natural reasons, or even to the usual reasons. The most part of it occurs because of the extraordinary enterprise and foresight from their citizens. London, for example, is the centre of trade in a wool of the Great Britain. Woollen manufacturers of the Great Britain use approximately 250 000 tons of a wool annually, and three quarters of it are imported. Other cities which lay about places of the big woollen Liverpool , for to have an example tried to provide the action of this extensive import of a wool, but London, because of special attention which it gives to this trade, is able to hold almost all trade in its own hands. In the same way London almost completely monopolises trade of England with Arabia, India, the East Indies, China, and Japan. It - therefore the big shopping centre for tea, coffee, sugar, spices, indigo, and crude silk. It also possesses the most part of the British trade in fruit (oranges, lemons, currants, raisin, fig., dates, etc.) and in wines, an olive oil, and more mad, with the countries which lie about the Mediterranean. Advantage partially its situations, but substantially because of the enterprise of its dealers, it absorbs almost all British French trade, and trade of England with Germany, Belgium, Holland, and Denmark. It the fault (from France), and oil includes mainly, [82] eggs, and vegetables.
Other big branch of its trade that with ports of Baltic, including that of Russia, import inclusion, besides wheat and a wool, oil, wood, hashish, and a linen seed. The tobacco imported from Virginia to England, goes almost completely to London; so does almost all and the South American trade in fine woods, dyes, drugs, sugar, disappears, rubber, coffee, and diamonds. Rather big action of trade of the Great Britain with Canada is concentrated in London; also, it is more than one half of trade of England with West Indies, import from last country including mainly sugar, treacle, fruit, rum, coffee, cocoa, fine woods, and ginger.
SPECIAL TRADING FEATURES OF GLASGOW, LIVERPOOL, AND MANCHESTER

Australia undoubtedly on the eve of the period of the big development

Australia undoubtedly on the eve of the period of the big development. Its resources, as is known, the huge. Its climate has been found by the most favorable concerning human health, and undesirable feature of a climate, and malfunctions of a downpour, have been studied and became understood and found . As soon as the confederation which is now in the course of formation [175], takes place, there is no doubt, that Australia will enter in new and
Succeeding commercial era. Owing to the fact, that its main possibilities of riches lay in development of its natural resources, it is probable, that during some time to arrive almost all goods of an industrial function which Australia requires, should be imported. Already its import makes 275 000 000$ which, of course, the Great Britain delivers the basic action. This import mainly dresses also materials for clothes, but it also includes hardware and cars, and actually all demanded by people very civilised and spending money, except grains and conditions. The size of this import can be comprehended from the fact, that it - is more than one third of full export of the United States within any year, save one to 1896, including our huge export of grains, conditions, and a clap. And besides export articles already the upom-wool, meat, disappears, skin, minerals, fruit, etc. There one other Australian resource which is capable to almost uncertain development. It is its wood. or a rubber tree some of its most general variants prevail almost universally in Australia, and, being and strong and insects, have almost incomparable value for shipbuilding, cross ties, and harbour and dock buildings. That Australians completely realise importance of development of their foreign trade, is noticed in efforts, which they have undertaken to provide services for this purpose, that they have brought their products to ocean ports. There are 11 980 miles of the railway, almost which each mile has been constructed by the governments. It is one mile of the railway for each 300 inhabitants, in comparison with one mile for each 400 inhabitants in the United States. These railways which operate completely to and from coast. There are no factory cities which will be . The Australian trade consists completely in [176]
Exchange of the natural products lifted by the house for imported . Equally remarkable with the enterprise of the railway of Australians their enterprise in cable building and establishment of cable communications. For example, the cable line of 2000 miles in length, on continent from Adelaide to Hold Darwin in a front rack, has been constructed by area of South Australia to connect to a cable from Port of Darwin to Java, Singapore, etc., and thus with Europe and America. At least for 1500 miles this cable line runs one of the most deserted and inaccessible areas in the world.
[177]
XI. TRADING FEATURES OF THE SOUTH AMERICA
THE SOUTH AMERICA, FERTILE CONTINENT WITH LACKS

[9] For preliminary processing of a subject of this lesson the student is carried in the First

[9] For preliminary processing of a subject of this lesson the student is carried in the First part. From this book named 'the General
The business Information, 'especially XII. and XV.
THE CORPORATION SHOULD HAVE A NAME

Annual value of full manufacturing of textile fabrics in British isles makes approximately 1 000

Annual value of full manufacturing of textile fabrics in British isles makes approximately 1 000 000 000$, not far short, really, one quarter of full manufacturing of textile fabrics all over the world. The Great Britain invested more than 1 000 000 000$ in its textile industry, and one half of its full export consists of [91] textile manufacturings. The clap, woollen, and linen fabrics - the main main products of this industry, but is many other branches of it and many
Other vicinities, in which it besides those already mentioned. Leicester (204 000), which, as many other industrial cities of England, lie in the coal field centre, the main place wollen jersey manufacturing. Dumfries - the main place of woollen manufacturing of jersey in Scotland. Kidderminster, in , is the main place of the 'Bruxelles' industry of a carpet; , in Wiltshire, the industry of carpet . Kilmarnock, in , is the main place of manufacturing of a carpet in Scotland. Nottingham (233 000) is capital of cotton jersey and manufacturing of a lace of England. Norwich (110 000), in east England, has noted manufacturing of a gauze and the fine goods of a dress. Noridzhsky textile manufacturing - a case of duration of the industry in the community historically connected with it though its place is far removed from a coal field. Silk manufacturing of the Great Britain almost is completely limited by a county of Derby and adjacent areas in England. Macclesfield, in Cheshire, is the main centre. Coventry is noted for its silk tapes and a gauze. But silk manufacturing in the Great Britain does not prosper as these its other textile fabrics. Actually, in forty years it depreciated three quarters. The British silk manufacturers are not so skilful in the extra charge of their products with paints as their French competitors, and in silks of English language of a consequence though it is peculiar is better than the French silks, look the lowest and consequently cannot be sold under the favourable prices. But, on the other hand, jute manufacturing of the Great Britain increases promptly. Established only sixty years ago, value of its annual development - now twice value of the whole manufacturing of silk, and in [92], twenty five years have trebled. The main place of this industry - Dundee
(160,000), in Scotland.
MANUFACTURING OF HARDWARE OF THE GREAT BRITAIN

Now заклад, providing payment of corporate bonds, in hands of the trustee in general some

Now , providing payment of corporate bonds, in hands of the trustee in general some usually is located the company - which as it is supposed, operates in a name of holders of bonds as unit and which is authorised by obligation language, in default corporations to carry out of obligations which it accepts in the told obligation, to exclude and to divide incomes of sale among bondholders.-.
CLASSES OF BONDS OF CORPORATION

To organise the joint-stock company, it is necessary for many people to unite and make the

To organise the joint-stock company, it is necessary for many people to unite and make the certificate in the sense that they suggest to generate the company to have the certain name, for the purpose of carrying out of a certain kind of business in a certain place. The certificate declares, that they suggest to let out certain number of actions of a stock for a determined price in the action, that the fixed capital should be certain quantity, and that the company should continue to exist for a certain time interval. The blank forms for such certificate are delivered by the Secretary of the state where the company will be organised and when such certificate is properly filled, signed, and put to it, it lets out the licence, or charter-party, to the people doing such certificate, giving to them the permission to open the book to sell a stock, and to continue the enterprise depicted in general.

Exchequer Stock

Exchequer Stock. It often occurs, which the new company finds necessary to postpone certain number of actions, which will be sold from time to time to provide a working capital. Such stock is spent in exchequer while it is not necessary, and is named by an exchequer stock.

France as Germany, is well supplied by the navigable rivers, and them, its channels to make a full

France as Germany, is well supplied by the navigable rivers, and them, its channels to make a full network of navigable waterways which cover all country and very much advance nation domestic trade. This navigable set of the rivers of 5500 miles, and ship canals more than 3100 miles. The tonnage of the goods has continued these waterways, is compared rather favorably with which is born by railways. Set of railways of 25 000 miles.
DISTINCTIVE AND IMPORTANT MANUFACTURING OF FRANCE

Now foreign trade of China is substantially in hands of Englishmen

Now foreign trade of China is substantially in hands of Englishmen. In a year 1896 foreign export trade of China made 167 000 000$. From this quantity 132 500 000$ was with the Great Britain and its dependences; 10 000 000$ with the United States; something more than 8 000 000$ with continent of Europe, exclusive of Russia, and is less than 2 000 000$ with Russia. In the same year foreign trade in import of China made 102 500 000$ from which 56 000 000$ was with the Great Britain and its dependences; the little more, than 9 000 000$ with the United States; 15 000 000$ with continent of Europe, exclusive from Russia, and 12 500 000$ with Russia. (Other part of its trade was mainly with Japan). The policy of the government of China should prevent always, or [142] limit foreign trade; and even today foreign trade can be continued only in twenty six Chinese ports - so-called 'the agreement
Ports. 'The policy of the Great Britain should provide according to the agreement so big privilege of trade with China as far as possible; to throw opened the privilege in the world, but to follow it with such commercial activity by its own part as would provide to it the lion"s share of turning out trade. From these twenty six ports now according to the agreement opened for the world for trade, twenty three, have been provided by the Great Britain and three Japan.
PORCELAIN EXPORT, IMPORT, AND RESOURCES

Though India - now basically the agricultural country, its people were from time immemorial experts

Though India - now basically the agricultural country, its people were from time immemorial experts on manufacture. Internal textile manufacturing and internal metal manufacturing of India were the whole eternity among the most beautiful and are inventive in the world. These internal manufacturing are mainly pursued in small villages from which is more than a half-million in India. But under influences of the modern civilisation entered by the British rule, the domestic industries of the country concede now to factory industries. They already became well established, and quickly increase in number and importance. Stability of India as the nation so is well assured now, that the capital can be available there so cheaply as in England or the United States. Besides, the joint or joint-stock enterprises are extended. The Indian people, with their natural ability to intertwine, do best of textile employees, and India has chances soon to become the huge competitor of the Western nations in textile . In twenty years cotton spindles have increased the sixfold. In ten years cotton production has increased the double. Bombay became one of the greatest cotton centres in the world, some kind of Liverpool and incorporated Manchester. It has actually closed doors of India to the English made claps of cheaper grades. The made clap of Bombay even send to England in large quantities, but the basic export to China. Full export Indian manufac [136] tured a clap
$23,000,000. Other important modern manufacturing - jute manufacturing. Jute factories of Bengal compete now to that of Scotland, and full export makes 17 500 000$. Similar development is expected in iron as already iron fusion has begun. But, despite these events, India still remains the huge market for the goods of an industrial function of England, especially in claps and hardware and cars. Value of annual cotton import makes of England 100 000 000$, equal to total of export of England of the goods of each kind to the United States. Value of annual import of hardware and cars makes of England 35 000 000$.
EXTERNAL AND DOMESTIC TRADE OF INDIA

[3] As the aforementioned has been written, the scheme has been developed very considerable way to

[3] As the aforementioned has been written, the scheme has been developed very considerable way to end. The name
The confederation should be 'Commonwealth of Australia.'
AREA AND CLIMATE OF AUSTRALIA

Almost all banks hold money for the deposit in other banks in the big commercial centres for

Almost all banks hold money for the deposit in other banks in the big commercial centres for example, in New York or Chicago. They name these banks their New York or Chicago correspondents. The bank account - simply check of bank which is catching up it the deposit with some other bank. (See an illustration, p. 245). Banks sell these checks to their clients, and dealers do big use of them in creation of remittances from one part of the country to another. These projects or checks of cashiers as they [247] are sometimes named, pass as cash somewhere within limits distances of the centre of money on which they
The delayed.
BILLS

The holding of the Great Britain, however, on the divided continent includes the best parts

The holding of the Great Britain, however, on the divided continent includes the best parts. The most part of Africa is unfit for human habitation the white. Everywhere, where, however, the white can live - except in northern Africa there, the control was possible to receive the Great Britain. Excepting coast of the Mediterranean, the most part of Africa which consider from points of representation of colonisation and trade, that is known now as 'the British Southern Africa.' It is huge area - area almost 1 000 000 square miles. It the whole southern part of the continent known as the Colony of Cape, and (2), that includes (1), that a part of the big central plateau of continent which is stretched from the Cape Colony to the north to Lakes Nyassa and Tanganyika - all but two republics, Orange Free State and the South African republic. The British East Africa (800 000 square miles) includes territory of Uganda, to the north from Lake Victoria, territory which from character of its population on a birth and its possibilities of trade named 'pearls of Africa.' The British Western Africa (500 000 squares [161] miles) includes pool of lower Niger, most densely occupied area in all Africa, a place of the big empire of a Fula-house of Sokoto-Gandu,
The richest and greatest country-participant of foreign trade on continent. Besides, in the northeast, the Great Britain carries out 'the protectorate control' over the control of Egypt-a which, possibly, will promote correction for Egypt, and thus for a civilisation and trade under the British power, ancient property of all Egypt along Nile so far at least as Uganda. The full area of the British property in Africa, exclusive of two republics and Egypt, makes more than 2 300 000 square miles.
'DOMINION OF SOUTHERN AFRICA'

Exchequer Stock

Exchequer Stock. It often occurs, which the new company finds necessary to postpone certain number of actions, which will be sold from time to time to provide a working capital. Such stock is spent in exchequer while it is not necessary, and is named by an exchequer stock.

Once India became famous for the riches in precious minerals and jewels

Once India became famous for the riches in precious minerals and jewels. Poets often celebrated its gold resources. But its riches in this respect always were improbable, instead of is real. India is actually poor in minerals. It has a lot of iron iron of the best quality. It has also a lot of coal, but its coal is bad, owing to its abundance of ashes. At it is also a few copper and tin. It has gold mines which are worked. Diamonds, also, are found in southern India, and in a considerable quantity so. Well-known Koh-i-nur (280 carats) were the Indian product. But neither diamond hunting, nor a gold mining no more favourable industry in India. The basic mineral industry of India - the mining industry of salt pursued in Punjaub where there are firm rocks of pure salt. Owing to the fact, that people of India - mainly vegetarians (250 000 000 from Hindoos would die, than would eat a flesh), salt - necessary article of a diet and the universal goods. Its manufacture the government as means of lifting of the income, therefore, operates.
[133]
REMARKABLE AGRICULTURAL RESOURCES OF INDIA
The comparative sizes of India and the United States.

All South American states listed above, except for Brazil, at first have seized and 'are settled'

All South American states listed above, except for Brazil, at first have seized and 'are settled' by Spaniards, and the Spanish language still remains in them language of the government, formation, [179] and a society. Brazil at first have seized and 'is settled' by Portugueses, and
In Brazil the Portuguese language the same as in other place on continent the Spanish language prevails prevails. Among natives various languages are found many, but in Brazil 'common language' one is used, entered by original Portuguese missionaries, and has understood almost all tribes. Between Brazil and Venezuela a triangular part of the country under the name Guiana which, unlike other part of the South America, is still under the control of the European powers. It consists from three French parts of Guiana, the Dutch Guiana, and the British colonies of Guiana of France, Holland, and the Great Britain, accordingly. Disregarding Guiana, the South America has received the all civilisation from Spain and Portugal, and, except for Argentina, Uruguay, and Brazil, there was a small or any emigration in any South American country except from these two European countries. To Argentina, however, there was a big emigration from Italy especially, but also and from France, the Great Britain (mainly from Ireland and the Wales), Germany, and Sweden. Similar emigration took place to Uruguay, though foreigners in Uruguay - mainly Basques, people who live on a boundary region between Spain and France, but not neither Spanish, nor the French language. In Brazil immigration where it was not Portuguese, was basically Italian and German, and in moderate area of the extreme south of Brazil there is a big German population. Everywhere in the South America the richest parts are the parts, which profits is the most direct under the influence of recent European emigration.
THE ARGENTINA REPUBLIC

The first form shows the project made the coal company on shipping company to pay for coal,

The first form shows the project made the coal company on shipping company to pay for coal, delivered to a specific steamship. Assume, that the shipping company has a contract with Robert Hare Powel and Co. Philadelphia to deliver coal to their steamships. A steamship Cardiff when in port in Philadelphia, it is delivered; the account is certified to the engineer; the owner (captain) of a vessel signs project Powel and Co. (And in performance of it really does it by the project of the captain); the account is in writing confirmed reception. Now Powel and Co. Sells this exchange (project) for London to the broker or the banker doing foreign business. It is sent London and presented in due time at office of the Company of Navigation of the Wales for payment.

Almost 2 000 000 000$ are deposited in savings banks of the United States

Almost 2 000 000 000$ are deposited in savings banks of the United States. This big sum represents savings approximately 5 000 000 persons. The primary idea of savings bank and mail and other forms of rescue of establishments in foreign countries consists in encouraging development among weights of people.

Rio Janeiro (674 972), the capital and the basic city though an is poor-looking place, one of very

Rio Janeiro (674 972), the capital and the basic city though an is poor-looking place, one of very finest in the world is located on magnificent harbour. Approximately in 1500 courts, with the tonnage making 2 500 000 tons, enter in Rio Janeiro with foreign trade annually. Nine thousand miles of the railway have been constructed in Brazil, and 3500 more during building, and 12 000 miles of routes of telegraph have been constructed. Rio Janeiro - the main railway centre, but other centres - Rio Grandes, do Sul, in moderate areas of the south, and Bahia and Pernambuco, in tropical areas. The public (national) debt of Brazil far does not require in 1 000 000 000$, having interest (the most part of it) in from four to six percent. In a year.
[187]
XII. TRADING FEATURES OF CANADA
CANADA, ACTUALLY INDEPENDENT FEDERAL REPUBLIC

Income bonds are usually provided закладом on the corporation income, letting out them

Income bonds are usually provided on the corporation income, letting out them. Interest on such bonds should be paid before dividends are declared to shareholders. It is standard, when such bonds are let out to postpone percent from the income as decreasing fund, to meet bonds in a maturity.

Usual tools of the credit by means of which travellers abroad catch up with the deposits of the

Usual tools of the credit by means of which travellers abroad catch up with the deposits of the house, are known as circular letters of the credit. These forms of the credit have such usual use, that all should be familiar with their form. We reproduce here the facsimile of [39] first and second pages a
The circular letter for? 1000, copied from little change of names from the actual tool. The first page shows to the credit the appropriate commission of various correspondents of bank, letting out it to pay to the holder which signature is given on her face, money up to? 1000. Names of banks which are authorised to advance money after the letter, are usually printed on the third and fourth pages though the letters which have been let out by known bank buildings, usually admit any bank building to which they are presented.

5

5. (a) it is not obligatory so. (b) Such check would be to be under usual conditions as it should be. Checks should be presented as soon [66]
After date as convenient. (c) checks, dated on Sunday, are very usually paid. Checks or the notes put on Sunday, are void. Delivery does the contract, not dating. (d), which the manufacturer can have some days to place sufficient money to meet them. (e) you in freedom to print your own form of the check or to write out it completely if you wish. (g) write words 'Seventy five cents' obviously along a line of money.

Time was when the affinity on the market had the biggest advantage

Time was when the affinity on the market had the biggest advantage. Now the farmer can lift the celery in Michigan or the beets in Dakota and sell them in New York about as [58] easily as though he lived on Long Island. It any more a site, which defines business to be
Continued in a specific place, but natural advantages, more or less independent of a site. But the railway or a steamship very often define, where new business should be developed. This acceleration and humiliation of transportation have given such stimulus in the present moment to growth of the big cities. It allows them to pull cheap food from much territories, and it forces business to define a site where the widest communication of sale should be available instead of where the goods or raw materials are most easily provided. These are fast and convenient services of transportation which our big cities possess, which distances force to great shopping centres. Buyers for thirty or forty miles around can reach easily these centres, and the result consists that trade gathers in the centres, instead of in local points. The city of one million population in the most productive agricultural section of the country could not eat, if the food reach a city, uniting in a command. With this growth of trade the centres there arrives the increased benefit of the big dealers at the expense of the small; with it there arrives the organised assumption and its accompanying results, good and harm.

[40]

Payment usually becomes after simple identification or comparison of signatures
[40]
Payment usually becomes after simple identification or comparison of signatures. If the traveller lose the letter of credit, it should notify at once bank, letting out it and if it is possible, banks on which involved.
The second page of the letter of credit (is used).

To foreign trade of Japan as this of China, agreement ports, 'from which nineteen are allow to be

To foreign trade of Japan as this of China, agreement ports, 'from which nineteen are allow to be continued only in the certain ports named', the head who is Yokohama, Osaka, Nagasaki, Hakodate, Niigata, and . Two basic cities, not agreement ports, are Tokio and Kioto. Tokio (1 300 000) is the capital and the main centre political, commercial, and literary activity of empire. In many respects Tokio - a 'modern' city. Its educational features are excellent. Its clearing also is good. Kioto (340 000) was before the capital, but after revolution 1868, it has been replaced in this respect Tokio. Yokohama (170 000), kept away from eighteen miles Tokio, is the main place of empire for foreign trade. Its foreign trade, really, is more than that half from the whole empire, being approximately 75 000 000$ annually. Osaka (487 000) concerning the population, the second city of empire, but its foreign trade is not big and is continued mainly in Hiogo, port about it. Niigata (50 000) is unique port of the agreement on a West side of Japan, a surf caused by a winter monsoon, doing flat western coast of the country very dangerous to shipment during half of year. Other important ports - (161 000) and Nagasaki (72 000). Nagoya (215 000) is the important internal city.
[157]
IX. TRADING FEATURES OF AFRICA
AFRICA FIFTEEN YEARS AGO

Now заклад, providing payment of corporate bonds, in hands of the trustee in general some

Now , providing payment of corporate bonds, in hands of the trustee in general some usually is located the company - which as it is supposed, operates in a name of holders of bonds as unit and which is authorised by obligation language, in default corporations to carry out of obligations which it accepts in the told obligation, to exclude and to divide incomes of sale among bondholders.-.
CLASSES OF BONDS OF CORPORATION

The promissory note - the written promise to pay the specified sum of money

The promissory note - the written promise to pay the specified sum of money. During a problem that is, notes when it is signed and put two parties are connected with it, the manufacturer and the addressee of payment. The manufacturer - the person who subscribes or promises to pay the note; the addressee of payment - the person, to which or to whose to the order the note is made subject to payment. Contractual in commercial sense means transferred, and the contractual note - the note which can be transferred from one person to another. The note which will be made contractual, should contain the bearer of a word or a word order that is, it should be to subject payment or the bearer, or to the order of the addressee of payment. The non-turnaround note is subject to payment to the specific person only. The note can be written on any [19] kind of a paper, in ink or a pencil.
It wisely, however, to use ink to prevent changes. All dealers writing products sell the blank forms for notes which are easily filled century