" Money and commodities are the real strength of any community."
Since ale and beer have become excisable commodities the custom of appointing ale-tasters has in most places fallen into disuse.
Too many causes operated in favour of their depreciation: the enormous issue, the uncertainty as to their value if the Revolution should fail, the relation they bore to both specie and commodities, which retained their value and refused to be exchanged for a money of constantly diminishing purchasing power.
The commodities otherwise mostly dealt in are opium, tea, rice, oil, raw cotton, fish and silk.
His "theorie des debouches" amounts to this, that, products being, in last analysis, purchased only with products, the extent of the markets (or outlets) for home products is proportional to the quantity of foreign productions; when the sale of any commodity is dull, it is because there is not a sufficient number, or rather value, of other commodities produced with which it could be purchased.
The labour statistics published by the department are exhaustive, dealing with hours of labour, the state of the labour market, the condition of the working classes and the prices of commodities; annual reports are also ' Since 1882 there have been only two occasions on which the president of the board was not included in the cabinet.
The old Austria was very richly provided with raw materials; the coal and iron supply was especially rich; in the years immediately preceding the war the production of these two commodities followed in general a rising curve.
The average prices per kilogram of certain commodities in Lower Austria are shown in Table IX.: TABLE IX.-Average Food Prices (heller per kilogram).
This very cheapening of many commodities in 1913, side by side with which went also a cheapening of many manufactured articles, was indicated as the sign of a decline in the power of consumption of the population.
This factor was the rupture of communications with foreign countries, due in the earlier stages of the war to the limitation, and at one time the prohibition, of exports by neutral countries, the passing over of some of these countries to the enemy, and lastly the blockade by the enemy Powers, which increased in efficiency and made it more and more difficult to import the most essential commodities, until in the end it was almost impossible to obtain from abroad anything, needed either for the soldiers or the civilians.
The chief commodities of trade arc coal, grain, lumber, flour and various products of the city's own manufactories.
HOGSHEAD, a cask for holding liquor or other commodities, such as tobacco, sugar, molasses, &c.; also a liquid measure of capacity, varying with the contents.
In 1803 a commission met to consider the state of the Dutch colonies, and advocated drastic administrative and commercial reforms, notably freedom' of trade in all commodities except firearms, opium, rice and wood - with coffee, pepper and spices, which were state monopolies.
The great mass of manufactured commodities were produced in the United Kingdom more cheaply than in foreign countries, and would not have been imported, with duty or without, except in sporadic amounts for some special qualities.
In the treaty as finally framed duties on most manufactured commodities were reduced to a range of 1 0 or 15 per cent., some iron manufactures, however, being left at slightly higher rates.
The trend of the tariff policy of the Zollverein for some time after 1834 was towards protection; partly because the specific duties of 1818 became proportionately heavier as manufactured commodities fell in price, partly because some actual changes in rates were made in response to the demands of the Protectionist states.
In 1857 duties were still further reduced, the rate on most protected commodities going down to 24 per cent., and remaining at this comparatively low level until the outbreak of the Civil War.
Thus the ten years immediately following the close of the war brought about the gradual transformation of the high duties levied on all commodities for revenue purposes into a system of high duties almost wholly on protective commodities.
Vanced duties materially on a considerable number of commodities, both raw materials and manufactured articles.
This standard is the basis of the bushel used in the United States and Canada; but other "bushels" for use in connexion with certain commodities have been legalized in different states.
Over £1,250,000 worth of the exports consisted of coffee and bananas, and these commodities were of almost equal value.
A broad line of demarcation is thus drawn between the labour which results in commodities or increased value of commodities, and that which does no more than render services: the former is productive, the latter unproductive.
Machinery, coal, iron, woollens, ships, lead and copper are the commodities supplied by the United Kingdom.
Many of the questions of the greatest practical importance at the present time, such as the competition between old and new methods of manufacturing commodities substantially the same in kind, and equally useful to the great body of consumers, arise largely from the immobility of capital or labour, or both of them.
In the East End and other poor quarters a large trade in second-hand clothing, flowers and vegetables, and many other commodities is carried on in the streets on movable stalls by costermongers and hawkers.
"Rent, therefore, enters into the price of commodities in a different way from wages and profits.
The price of a pig was twice, and that of an ox six times as great as that of a sheep. Regarding the prices of commodities other than live-stock we have little definite information, though an approximate estimate may be made of the value of arms. It is worth noticing that we often hear of payments in gold and silver vessels in place of money.
He goes on to show that the variations of prices are due solely to money and commodities in circulation.
The weight of this ideal gold dollar would be adjusted at intervals in accordance with its power to purchase commodities as shown by the " index number " of prices.
The most important of the local dues is the gate tax, or dazio di consumo, which may be either a surtax upon commodities (such as alcoholic drinks or meat), having already paid customs duty at the frontier, in which case the local surtax may not exceed 50% of the frontier duty, or an exclusively communal duty limited to 10% on flour, bread and farinaceous products,2 and to 20% upon other commodities.
To Melos in the earlier Second City Period of Phylakope) and to Cyprus, receiving in return such commodities as Melian obsidian knives.
Syria, and manufactures textiles in silk, cotton and wool, carpets and leather commodities, besides being the centre of a large district growing cereals, pistachios and fruit.
Throughout most of the villages in the rural tracts men, women and children all take part in the agricultural operations, although in riverine villages whole families often support themselves from the sale of petty commodities and eatables.
The Germans recognized the staple rights of Bruges for a number of commodities, such as wool, wax, furs, copper and grain, and in return for this material contribution to the growing commercial importance of the town, they received in 1309 freedom from the compulsory brokerage which Bruges imposed on foreign merchants.
Cacao, tobacco, cotton, rice and indigo are grown in the neighbouring country, and the town has a considerable trade in these and other commodities; it also manufactures sugar, fans and woven fabrics.
Some commodities, however, are subject to a monopoly of production, whether from the peculiarities of a locality or from legal privilege: their price is always the highest that can be got; the natural price of other commodities is the lowest which can be taken for any length of time together.
The imports consist of the usual commodities required by a population where little of the land is actually cultivated.
From the internal, as distinct from the international, aspect, the absolute quantity of money, supposed as of fixed amount, in a country, is of no consequence, while a quantity larger than is required for the interchange of commodities is injurious, as tending to raise prices and to drive foreigners from the home markets.
Properly a "duty" differs from a "tax" in being levied on specific commodities, transactions, estates, &c., and not on individuals; thus it is right to talk of import-duties, excise-duties, deathor succession-duties, &c., but of income-tax as being levied on a person in proportion to his income.
We will know it is coming when formerly scarce items, such as commodities, fall in price.
On the other hand, the commodities which poured into Venice and Genoa from the East had to find a route for their diffusion through Europe.
"Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared.
As regards their geographical distribution, fungi, like flowering plants, have no doubt their centres of origin and of dispersal; but we must not forget that every exchange of wood, wheat, fruits, plants, animals, or other commodities involves transmission of fungi from one country to another; while the migrations of birds and other animals, currents of air and water, and so forth, are particularly efficacious in transmitting these minute organisms. Against this, of course, it may be argued that parasitic forms can only go where their hosts grow, as is proved to be the case by records concerning the introduction of Puccinia malvacearum, Peronospora viticola, Hemileia vastatrix, &c. Some fungi - e.g.
Other noteworthy sources of revenue are trade licences, direct taxes on lands and forests, stamp duties, posts and telegraphs, indirect taxes on tobacco, sugar and other commodities, the crown forests, and land redemption payable annually by the peasants since 1861.
All these commodities are exported in considerable quantities, besides bitumen, which is obtained from a mine worked by a French III.
A large part of the foreign trade is in their hands, and at the season of the sheep-shearing their agents and representatives are found everywhere among the Bedouins and Madan Arabs of the interior, purchasing the wool and selling various commodities in return.
His thoughts wandered to Billy Langstrom's love-widow Melissa, now absent even those precious two commodities with which to face the world.
After the division of the Roman empire, Constantinople became the last refuge of learning, arts and taste; while Alexandria continued to be the emporium whence were imported the commodities of the East.
Manufacturing industry is confined to a few articles and commodities, such as cement, tea, tin cans (for oil), cotton goods, oil refineries, tobacco factories, flour-mills, silk-winding mills (especially at Shusha and Jebrail in the south of Elisavetpol), distilleries and breweries.
It is therefore extraordinarily difficult at present to know what happens, or rather what would happen if it were not prevented, when a country reaches " the stage of diminishing returns "; what precisely it is which comes into operation, for obviously the diminishing returns are the results, not the cause; or how commodities " obey " a law which is always " suspended."
The extension of the "maximum" to all commodities onry increased the confusion.
The most important manufactures are iron and steel, carriage hardware, electrical supplies, bridges, boilers, engines, car wheels, sewing machines, printing presses, agricultural implements, and various other commodities made wholly or chiefly from iron and steel.
Through it passed the silks of Bambyce, called bombazines, the light textiles of Mosul (mosulines - muslins) and many other commodities for the wealthy and luxurious.
The discovery and production of commodities require a knowledge of the distribution of geological formations for mineral products, of the natural distribution, life-conditions and cultivation or breeding of plants and animals and of the labour market.
The first step was to decree the penalty of six years' imprisonment against any person who should sell specie for a more considerable quantity of assignats, or who should stipulate a different price for commodities according as the payment was to be made in specie or in assignats.
It stands at the head of the effective navigation on the Rhine, and is not only the largest port on the upper course of that stream, but is the principal emporium for south Germany for such commodities as cereals, coal, petroleum, timber, sugar and tobacco, with a large trade in hops, wine and other south German produce.
Tea makes up nearly one-half of the imports, the other commodities being silks, cottons, hides and wool; while cottons and other manufactured wares constitute considerably over 50% of the exports.
A Japanese does not say the poison killed him but he died on account of the poison; nor does he say the war has caused commodities to appreciate, but commodities have appreciated in consequence of the war.
The possibility that it had been brought to England by Cabot or some of his successors earlier in the century is not to be overlooked, and reasons will presently be assigned for supposing that one of the breeds of English turkeys may have had a northern origin;' but the of tenquoted distich first given in Baker's Chronicle (p. 298), asserting that turkeys came into England in the same year - and that year by reputation 2524 - as carps, pickerels and other commodities, is wholly untrustworthy, for we know that both these fishes lived in the country long before, if indeed they were not indigenous to it.
On the 24th of July 1663 he alone signed a protest against the bill " for the encouragement of trade," on the plea that owing to the free export of coin and bullion allowed by the act, and to the importation of foreign commodities being greater than the export of home goods, " it must necessarily follow.
It has a large trade in wool, flax and grain, its markets for these commodities being very numerously attended.
The fact that during the period under review Egypt suffered very severely from the general fall in the price of commodities makes the prosperity of the country the more remarkable.
The commodities which the United Kingdom principally takes are wheat, wool, barley, eggs, oats and flax.