Outlines of American Foreign Commerce

Front Cover
Ginn, 1923 - 321 pages

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Page 201 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Page 113 - Anything, therefore, which would tend to prevent foreign countries from settling for our exports by shipments of goods into this country could only have the effect of preventing them from paying for our exports and therefore of preventing the exports from being made. The productivity of the country, greatly stimulated by the war, must find an outlet by exports to foreign countries, and any measures taken to prevent imports will inevitably curtail exports...
Page 6 - As it is the power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or, in other words, by the extent of the market.
Page 201 - A banker's acceptance within the meaning of this regulation is defined as a draft or bill of exchange, whether payable in the United States or abroad and whether payable in dollars or some other money, of which the acceptor is a bank or trust company, or a firm, person, company, or corporation engaged generally in the business of granting bankers
Page 117 - Group o. Animals and animal products, inedible. Group 1. Vegetable food products and beverages. Group 2. Vegetable products, inedible, except fibers and wood. Group 3. Textiles. Group 4. Wood and paper. Group 5. Nonmetallic minerals. Group 6. Metals and manufactures, except machinery and vehicles. Group 7. Machinery and vehicles.
Page 93 - Other vegetable products, except fibers and wood. Group 3. Textiles. Group 4. Wood and paper. Group 5. Nonmetallic minerals. Group 6. Ores, metals, and manufactures, except machinery and vehicles. Group 7. Machinery and vehicles. Group 8.
Page 245 - To encourage progress and to promote peace and cordial relations among countries and their citizens by the co-operation of business men and organisations devoted to the development of commerce and industry...
Page 114 - A system which provides a mutual exchange of commodities is manifestly essential to the continued and healthful growth of our export trade. We must "not repose in fancied security that we can forever sell everything and buy little or nothing.
Page 201 - ... a draft or bill of exchange, drawn by the seller on the purchaser of goods sold," and accepted by such purchaser.
Page 201 - an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.

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