The Farmers Outlook a Review of Home And Overseas Agriculture 1880 1913
The Farmers Outlook a Review of Home And Overseas Agriculture 1880 1913
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Per quarter to the 45s. Level of '75-82. This may be called " the American prairie " fall ; the second drop was one of 13s. From the last men- tioned price to the 32s. Level of '84-91, This may be called the " British-Indian " fall. The third, a fall of 9s. , to the 23s. Level of '94~'95 ; this may be characterised as the " Argentine " fall. 1 With- out going further into the causes of the fall which were so much discussed at the time, we can point to two undoubted circumstances which affected ...the increased exports from India in the second, and those of the Argentine in the third " tumble. " WTiile in India the fall of the rupee stimulated the grain dealers to purchase corn in the country districts where the rupee still held its old purchas- 1 Broomhall : The Corn Trade Year Book.
THE WORLD'S WHEAT TRADE 81 ing power, and sell the wheat for export on a gold basis, the spurt in Argentine exports was due to a similar cause, the financial crisis of 1890 causing an enormous depreciation in the paper currency of the Republic.
What to read after The Farmers Outlook a Review of Home And Overseas Agriculture 1880 1913?
You can find similar books in the "Read Also" column, or choose other free books by Ralph Tichborne Hinckes to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Per quarter to the 45s. Level of '75-82. This may be called " the American prairie " fall ; the second drop was one of 13s. From the last men- tioned price to the 32s. Level of '84-91, This may be called the " British-Indian " fall. The third, a fall of 9s. , to the 23s. Level of '94~'95 ; this may be characterised as the " Argentine " fall. 1 With- out going further into the causes of the fall which were so much discussed at the time, we can point to two undoubted circumstances which affected ...the increased exports from India in the second, and those of the Argentine in the third " tumble. " WTiile in India the fall of the rupee stimulated the grain dealers to purchase corn in the country districts where the rupee still held its old purchas- 1 Broomhall : The Corn Trade Year Book.
THE WORLD'S WHEAT TRADE 81 ing power, and sell the wheat for export on a gold basis, the spurt in Argentine exports was due to a similar cause, the financial crisis of 1890 causing an enormous depreciation in the paper currency of the Republic.
What to read after The Farmers Outlook a Review of Home And Overseas Agriculture 1880 1913?
You can find similar books in the "Read Also" column, or choose other free books by Ralph Tichborne Hinckes to read onlineMoreLess
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