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. 1920 edition. Excerpt: ...followed the Civil War. In Appendix E some statistics of United States crops are given side by side with their estimated ...
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. 1920 edition. Excerpt: ...followed the Civil War. In Appendix E some statistics of United States crops are given side by side with their estimated value, which show a stupendous growth in the total amount produced, accompanied by a fall in the value per unit. It will perhaps help to put the various elements affecting prices in their right perspective when it is pointed out that, according to an investigation carried out by Powers in the state of Minnesota,1 the value of farm crops on the farm in inland states actually rose per unit in tho twenty years preceding 1895, but owing to the fall in the 1 "The Purchasing Power of Gold," report by J. M. Powers to the Bureau of Labour, Minnesota, 1897. cost of freight to the seaboard, the producers could place their produce on board ship at a lower price than before, while retaining a larger sum as their own share. This, of course, damaged the position of the seaboard farmers relatively to their inland competitors. But though the fall in prices on the seaboard was considerable, it was even more severe in Europe, owing to the steady but rapid fall in the cost of carrying grain across the Atlantic. Thus the railway and shipbuilding mania, which had been so large a cause of the boom of 1870-74, became the leading factor in producing a subsequent decline of commodity prices. Indian It should be observed, however, that in the early pro uc s. 'eignties wheat from India played almost as important a WTi Go. t part in hammering down prices as the supplies from the Tea. New World. The same country is also responsible for the fall in the price of tea, for it was during this period that Indian began to supplant China tea in the English market. Between 1879 and 1888 Indian8 exports of tea increased from 35 million lbs. to 113...
Good. 1920. [New and rev. ed.]. Hardcover. First edition 1912, reprinted with additional chapters and statistics, 1920." "Bibliographical note" at end of most of the chapters. Commissioning organisation: by Walter T. Layton. xiii, 194 p. diagrs. (1 fold). 19 cm. Original boards. Fair co". Keywords: Prices. Not a first edition copy.....We ship daily from our warehouse.
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