Monetary Reform for Nicaragua Report Presenting a Plan of Monetary Reform for N
Monetary Reform for Nicaragua Report Presenting a Plan of Monetary Reform for N
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In our eReader you can find the full English version of the book. Read Monetary Reform for Nicaragua Report Presenting a Plan of Monetary Reform for N Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Monetary Reform for Nicaragua Report Presenting a Plan of Monetary Reform for N
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The importers of Bluefields and other ports on the Atlantic Coast pay their duties on a gold basis, while in the interior of Nicaragua the customs duties are paid in paper. The Government accepts paper in payment of duties on merchandise imported through Corinto and other Pacific ports on a basis of 650 to 100, whereas the importers are able to buy Nicaraguan currency at from 1, 800 to 2, 250 to 100. The result, very apparent, is greatly to the disadvantage of the interests of the Atlan- tic Co...ast. The present tariff in effect on the Atlantic Coast is the silver tariff of 1902, which is lower than that published by the administration of President Zelaya in 1908, which was in effect up to the beginning of the revo- lution of 1909. The tariff now in force on the Coast, taken as a whole, is a comparatiely fair one. The duties on many articles, however, could be materially reduced to the advantage of all concerned and, in my estimation, would lead to a much larger consumption of the articles referred to, and result in a larger revenue to the Gov- 105 eminent from the importation of these articles.
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To quickly assess the difficulty of the text, read a short excerpt:
The importers of Bluefields and other ports on the Atlantic Coast pay their duties on a gold basis, while in the interior of Nicaragua the customs duties are paid in paper. The Government accepts paper in payment of duties on merchandise imported through Corinto and other Pacific ports on a basis of 650 to 100, whereas the importers are able to buy Nicaraguan currency at from 1, 800 to 2, 250 to 100. The result, very apparent, is greatly to the disadvantage of the interests of the Atlan- tic Co...ast. The present tariff in effect on the Atlantic Coast is the silver tariff of 1902, which is lower than that published by the administration of President Zelaya in 1908, which was in effect up to the beginning of the revo- lution of 1909. The tariff now in force on the Coast, taken as a whole, is a comparatiely fair one. The duties on many articles, however, could be materially reduced to the advantage of all concerned and, in my estimation, would lead to a much larger consumption of the articles referred to, and result in a larger revenue to the Gov- 105 eminent from the importation of these articles.
What to read after Monetary Reform for Nicaragua Report Presenting a Plan of Monetary Reform for N?
You can find similar books in the "Read Also" column, or choose other free books by F C Harrison to read onlineMoreLess
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