Foreign trade zones (or free ports)

Bibliographic data

Monograph

Identifikator:: 1801857903

URN:: urn:nbn:de:zbw-retromon-199077

Document type:: Monograph

Title:: Foreign trade zones (or free ports)

Place of publication:: Washington

Publisher:: United States Government Printing Off.

Year of publication:: 1929

Scope:: IX, 322 S; Ill., graph. Darst

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part 2. The free ports of Europe

Collection:: Economics Books

222 FOREIGN TRADE ZONES They are also fitted with the necessary tools and equipment to carry out all work rapidly and economically. Quay.—The quay is provided with a fresh-water supply installation for the use of steamers and also for fire-prevention purposes. It has coal depots from which vessels may be bunkered, cranes for the loading and unloading of merchandise, electric power for industrial purposes; in short, all the necessary equipment required in such an establishment. Furthermore, the operating company ie constantly making improvements to give the maximum facilities to traffic. The quay is also equipped with an ice plant from which fishing boats are supplied. A railway line connects the free zone with the main line of the Andaluces Railway: which is being finished. Installations.— For the establishment of factories, stores, sheds, or simply for the storage of merchandise in the open, there are 60,000 square meters of ground where space may be hired to persons or companies desiring it. The conditions under which it may be let may be had from the operating company. Warrants.—In addition to the ordinary nonnegotiable and nontransferable warrants of deposit, the operating company issues at the request of depositors warrants which are negotiable both by the issuing company and by most Spanish and foreign banks, this aspect of the free zone’s administration constituting one of the notable facilities offered by this kind of enterprise to commerce, since it permits the operating company to make use of a high percentage of the cash value represented by a majority of the merchandise. Insurance.—Depositors may insure their merchandise under policies which the operating company has established with certain insurance companies, the liquidation being made on the damage suffered item per item, and premiums being collected on the merchandise actually on deposit every fortnight. THE FREE PORT OF SANTANDER, SPAIN Prom Curtis CG. Jordan. American consul, Bilbao. Spain] Brief history of the port.—The right to construct and administer a free port in the city of Santander was conceded in 1918 to a con- sortium formed by representatives of the provincial chamber of deputies (diputacion), the municipality of Santander, the chamber of commerce, the board of harbor works, the Bank of Santander and the Mercantile Bank. The free port has been in operation since 1923. Description.—The free port of Santander is situated in the center of a splendid bay, the most sheltered port of the Cantanrian coast and the natural gateway to the region of Castile on account of the shorter distance to the interior of the peninsula. In the port of Santander all kinds of ships can enter, maneuver, and leave evel during violent northwest winds, without any danger. The approximate area is 42,000 square meters, and there is being added an area of 20,000 square meters more, reclaimed from the sea, upon which will be constructed a wharf 250 meters long, provid- ing 8 meters depth of water at extreme low tide. There is also another wharf being constructed 160 meters long, providing a depth of water of 5 meters at extremely low tide. Upon these wharves will be built large warehouses, elevators, tracks, cranes, etc.

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