Port economics

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Monograph

Identifikator:: 173564191X

URN:: urn:nbn:de:zbw-retromon-111718

Document type:: Monograph

Author:: Cunningham, Brysson http://d-nb.info/gnd/1055472266

Title:: Port economics

Place of publication:: London [usw.]

Publisher:: Pitman

Year of publication:: 1926

Scope:: IX, 134 S

Digitisation:: 2020

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter X. Some typical ports

Collection:: Economics Books

SOME TYPICAL PORTS LONDON Taking instances in this country first, London naturally claims the chief place. Politically, socially, historically, and commercially, it is facile princeps. It is the oldest port of any importance in the British Isles, dating back to the time of the Roman Empire, probably, at least, to the generation of Julius Casar.! Its trade developed as time went on, and in the Middle Ages it had attained a commanding position in European commerce, partly by reason of its association with the Hanseatic League, the merchant members of which had a dep6t in London for their produce. The formation of a number of special trading companies in the City during the reign of Elizabeth gave a considerable impetus to the development of the port. The most important of these companies was the East India Company, to which we owe our Empire in India. Prior to the constitution of the present port authority, which came into existence in 1909, there were several independent dock companies, which, together with the Thames Conservancy and Trinity House, exercised a divided control over the port, and the grave disadvantages of this system were evidenced by the public outcry for unification. The trade of London, as a port, is principally in com- modities to supply the needs and satisfy the tastes of the seven million inhabitants of the metropolis and of some additional millions in the adjacent region, but there are a certain number of imports which come to London, not for local consumption, but because the City is a great world market with far-reaching financial, banking, and insurance interests. The principal commodities imported are wool, grain, timber, refrigerated meat, provisions (including tea, coffee, sugar, dairy produce, etc.), wines, spirits, tobacco, rubber, fruit, tallow, paper and Oriental goods (carpets, curios, etc). The annual value of these imports is somewhere between 400 and 450 million pounds sterling. 1 Vide History of the Port of London, by Sir J. G. Broodbank. 100

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