The Organization Of Ocean Commerce

Author : J. Russell Smith
Publisher : Forgotten Books
ISBN 13 : 9780266230014
Total Pages : 170 pages
Book Rating : 4.2/5 (3 download)

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Download or read book The Organization of Ocean Commerce (Classic Reprint) written by J. Russell Smith and published by Forgotten Books. This book was released on 2017-10-12 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Organization of Ocean Commerce If the world's trade were divided into two classes, on the basis of distance, it would be found that land traffic was pre eminently the Short-distance trade and that the ocean was the route used mainly by the long-distance trade. Owing to the ease of water transportation, men seek out the ocean routes for freight whenever possible, and, as from any sea all seas may be reached, the average length of water routes is several times as great as the land routes. The ocean carrying trade is chiefly international trade, of which it comprises the most important part. The ocean is the great international highway, and, in the sense of owner ship, the only international highway. Many land routes carry commodities that cross international boundaries, but the routes, like all the valuable land in the world, are within the jurisdiction of some particular country, and, further, are the property of particular persons or groups of persons. The ocean is more international because it is the property of all, and open and free to all. No nation claims more than three miles from its coast and beyond that any man from any nation may sail his Ship where he will over the common ocean, which covers three-fourths of the surface of the globe and washes the shores of all important countries. Besides being large and free the ocean furnishes the cheapest of all forms of transportation, and with these advantages it is natural that maritime commerce should be by far the greater element in international exchanges, as well as a very important part of many domestic trades. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.