Nigeria, Its Peoples And Its Problems
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In our eReader you can find the full English version of the book. Read Nigeria, Its Peoples And Its Problems 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 Nigeria, Its Peoples And Its Problems
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The official case is, that the natives desire cash for their produce, but that the merchants will not pay cash, or pay as little cash as possible, because they make a very much larger profit on the barter business ; that this strangles trade development by discouraging the native producer, who is automatically forced to accept goods 172 COMMERCIAL DEVELOPMENT he often does not require, and must afterwards sell at a loss in order to get the cash he wants.' Indeed, the official case goes further.... It is contended not only that the naerchants will not buy produce against cash when asked for cash, but on occasion actually refuse to sell goods against cash offered by the native, demanding produce in lieu thereof. For example, if a native has sold his produce against cloth and then, possessing some loose cash, desires to purchase, shall we say, earthenware or salt, he is told that his cash will not be accepted, but that he must bring shea-nuts or ground-nuts, or whatever may be the product out of which the merchant can make the biggest margin of profit.
What to read after Nigeria, Its Peoples And Its Problems?
You can find similar books in the "Read Also" column, or choose other free books by E D Edmund Dene Morel to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The official case is, that the natives desire cash for their produce, but that the merchants will not pay cash, or pay as little cash as possible, because they make a very much larger profit on the barter business ; that this strangles trade development by discouraging the native producer, who is automatically forced to accept goods 172 COMMERCIAL DEVELOPMENT he often does not require, and must afterwards sell at a loss in order to get the cash he wants.' Indeed, the official case goes further.... It is contended not only that the naerchants will not buy produce against cash when asked for cash, but on occasion actually refuse to sell goods against cash offered by the native, demanding produce in lieu thereof. For example, if a native has sold his produce against cloth and then, possessing some loose cash, desires to purchase, shall we say, earthenware or salt, he is told that his cash will not be accepted, but that he must bring shea-nuts or ground-nuts, or whatever may be the product out of which the merchant can make the biggest margin of profit.
What to read after Nigeria, Its Peoples And Its Problems?
You can find similar books in the "Read Also" column, or choose other free books by E D Edmund Dene Morel to read onlineMoreLess
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