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On the Alterations in the Currency

On the Alterations in the Currency


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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1823 edition. Excerpt: ... rigorous exe'cution of the French emperor's anti-commercial decrees. it is even reported that the captains and part of the crews of two vessels were shot for violating the prohibition. Prussia.--Money is so extremely scarce in the Prussian ports, that the merchants can with difliculty collect sufiicient to defray the import duties; and interest is represented to be at the extravagant rate of two and a half per cent. per month." 13! December, 1810. A numerical evidence of the present state of trade may be deduced from the number of bankruptcies in the-London Gazette, inserted in this Magazine: They amounted this month, in 1810, to 273 The same month, ---1809, ---130 Ditto------1808, --100 Besides stoppages and compositions, equal in number to half the traders in the kingdom! These failures throughout the kingdom have wonderfully affected the manufacture of every description of goods, and a general want of confidence exists between the manufacturer and the export merchant. The speculators at Liverpool have completely overstocked the different markets of South America, where, at present, English manufactured articles can be purchased at a loss of twenty per cent. to the exporter, with the exception of a few articles, on which little or no credit could be obtained here." 1st January, 1811. " In our last Report we stated the vast increase of bankruptcies within the last month, compared with similar months for seven years back, and we regret to say that they still continue to increase in number, and that confidence in the mercantile world seems nearly at an end. " Discount, unless bills, &c-of a few of the first houses in the city, can only be done through the medium of bill-brokers at an extra...


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Product Details
  • ISBN-13: 9781234284299
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 46
  • Spine Width: 3 mm
  • Width: 189 mm
  • ISBN-10: 1234284294
  • Publisher Date: 16 Jan 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 100 gr


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