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Upon the reformation of the silver coin, in the reign of William III., the price of silver bullion still continued to be somewhat above the mint price. Mr Locke imputed this high price to the permission of exporting silver bullion, and to the prohibition of exporting silver coin. This permission of exporting, he said, rendered the demand for silver bullion greater than the demand for silver coin.
Morgans then spoke of the high reputation of sheet mill rolls and wheel axle boxes made in Bristol. Of the latter in combination with wrought iron wheels and steeled axles, the local wagon works company are exporting large numbers.
He had just completed an important line of railway from Morocco to the centre of our colony in Algeria, and now he was promoting a company for exporting grain and flour from America. Several times Cayrol had tried to bring Herzog and Madame Desvarennes together.
I wondered you should ask me for a description, when it was so easy to have ordered out the thing itself; and so resolved to save myself the trouble of writing a long story, by duly exporting a specimen of the American Ebony, from which you might form your own conclusions as to its counterfeit merits, and its supposed relations to the great question of international copyright.
On the contrary, when a premium is paid at London for a bill upon Paris, it is said to be a sign that the debts due from London to Paris are not compensated by those due from Paris to London, but that a balance in money must be sent out from the latter place; for the risk, trouble, and expense, of exporting which, the premium is both demanded and given.
Paper money was made a legal tender in spite of strong opposition, and a law was passed prohibiting any planter or merchant from exporting any produce without taking affidavit that he had never refused to receive this scrip at its full face value. But somehow people found that the more it was sought to keep up the paper by dint of threats and forcing acts, the faster its value fell.
That the large advantage resulting to the countries producing and exporting these articles by placing them on the free list entitled us to expect a fair return in the way of customs concessions upon articles exported by us to them was so obvious that to have gratuitously abandoned this opportunity to enlarge our trade would have been an unpardonable error.
"Think of it!" exclaimed Marcia. "Coal from the Orient, the lowest grade, when we should be exporting the best. Think of the handicap, the injustice put upon those pioneer Alaskans who fought tremendous obstacles to open the interior; who paved the way for civilization." Tisdale's face clouded. "I am thinking of those pioneers, madam, and I believe the Government is going to.
In the earlier days of maritime traffic there was little possibility of exporting the numerous agricultural productions of the colony; and it was scarcely worth while, therefore, to make the most of the land.
She was prohibited from manufacturing her own products, or from exporting them in any but a raw state for manufacture in the mother country. But even in matters of trade the supremacy of the mother country was far from being a galling one. There were some small import duties, but they were evaded by a well-understood system of smuggling.
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