Checks have arrived rather in general to be used for the payment of invoices even on long

Checks have arrived rather in general to be used for the payment of invoices even on long distances. If the businessman wishes to close the important contract demanding of cash in advance, it sends the bank account, if on distance, or the certified check, if in the same city. If he wishes to pay simply a debt, it sends the own personal check. Bank accounts rather in general are used by dealers in the West to pay accounts in the east. The project on New York [17] bought in San Francisco
Cash when it reaches New York while the check of San Francisco not cash while it does not come back and to money bank on which it is delayed. In a usual course of business checks are considered as cash irrespective of on what involved bank. The bank receiving them on the deposit, gives the credit of the investor at once, even thus, that it can take for a week before the value presented by the check, is in possession of bank.
The bank account.

Experience has shown, that always number of people in Europe obliged to the American business

Experience has shown, that always number of people in Europe obliged to the American business buildings, about (though it is final not actually) the same as number of people in America obliged to the European buildings. Hence, when New York wishes to make payment B of London, it does not send actual money, but enters into the market that is, to the banker doing foreign business - and buys the project named the bill which is actually the payment commission of bank on its London correspondent, asking that last has paid money to the person, named. There can be so [34] about same time some
The London dealer who owes money in New York, goes besides to the Most London banker and buys the project on the New York bank. Thus one project cancels another and when there is a distinction in a weekend or month through which send actual gold to counterbalance the account.

The laws, which corporations can make for their own government, are made under several heads of

The laws, which corporations can make for their own government, are made under several heads of decisions of bodies of local authorities, decisions, rules, and instructions. These laws can be made by a management for any object not alien to the corporate purposes. The municipal corporation, for example, does decisions for clearing and illumination of its streets, for the government of its police, for water delivery to its citizens, and for punishment of all infringements of its instructions. The railway corporation establishes instructions for signals, for management of trains, for cargo communications, for behaviour of its passengers, and for hundreds other things. But such decisions of bodies of local authorities and the instruction should be in harmony with charter-party of corporation and with the general legislation of the country. For example, the municipal corporation could not put into practice the decision of bodies of the local authorities, forbidding use of its streets by others than its own citizens because according to the general law all highways are opened for usual use of all people. Again, the railway corporation could not make a rule, that it will bear the goods for one class of people only because as public transport the law demands that it bore impartially for all.

One of the most valuable parts of formation of the banker should learn, whom to trust

One of the most valuable parts of formation of the banker should learn, whom to trust. At each bank should be well organised and completely supplied department of the credit which is responsible for someone, on whom it is possible to rely to be engaged in investigations carefully, all names have mentioned its officials. The banker has the right to expect the fullest confidence from the borrower, and the borrower should supply with its full and detailed statement of a condition of its affairs. It is safe to conclude, that when the borrower refuses to give absolutely any information concerning its financial condition, its credit is not in the most favorable form.

By the goods its value estimated in money, or the sum of money for which it will exchange intends

By the goods its value estimated in money, or the sum of money for which it will exchange intends. Replaceable value of consumer goods depends in any given period partially on the expense of manufacture and partially on the supply and demand relation. The prices are mentioned by creation of monopolies, opening of the new markets, difficulty of usual channels of commercial relations, and expectation of these and other reasons. It is business of the dealer to acquaint itself with each circumstance mentioning the prices of the goods in which it deals.

It is in development of its mines and изготовлений in which minerals are used, that

It is in development of its mines and in which minerals are used, that Germany has made the most significant progresses. It makes four times so a lot of coal as France, and at it is more than 1000 separate iron mines. Its manufacture of iron has increased tenfold in fifty years. It employs more than 400 000 men in its mines, and by means of rationalisation cars one person can make now the whole three men, could make fifty years ago. Its manufacturing of hardware - one sixth its full , and through last half of century which they have increased the sixfold. They double now that of France, and are only one quarter less than that of the Great Britain. At it is 750 factories devoted to creation from one only of cars. Two of them in Essen, and Borsig"s in are Berlin among the greatest in the world. Works Krupp"s of 20 000 men, 310 steam engines have, and covers area of 1000 acres. Works Borsig"s of 10 000 men, and in fifty years, beginning from what, there were no almost 4000 locomotives. One of hammers Krupp"s (fifty ton hammers) cost 500 000$.
DOMESTIC TRADE OF GERMANY

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BUSINESS GEOGRAPHY
TRADING FEATURES OF THE GREAT COMMERCIAL NATIONS
I
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BUSINESS GEOGRAPHY
TRADING FEATURES OF THE GREAT COMMERCIAL NATIONS
I. TRADING FEATURES OF BRITISH ISLES
LONDON AS THE FOOD CONSUMER