Foreign trade zones (or free ports)

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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

234 FOREIGN TRADE ZONES About the time of the formation of the Republic of Liguria, of which Genoa formed a part, in the year 1797, the bank’s affairs became involved and on December 29, 1799, a bill was passed author- izing the sale of the warehouses in the free zone, and portions of these buildings, or their successors, continue to this day to be held by private firms, In 1805 the Senate passed a resolution approving the incorporation of the Republic with the Kingdom of France, but it was stipulated, among other things, that the free zone of Genoa should be permitted to retain all its rights, privileges, and customs. After the arrange- ments had been completed Napoleon issued a decree discontinuing the Bank of Saint George and forcing it into liquidation, and this was followed by further decrees regulating the affairs and operations of the free zone, many of which rules have survived to the present time. Location of the free zone.—The zone is located in the southeast corner of the inner harbor, about 400 yards east of the foot of the Molo Vecchio (Old Dock). Dimensions and area.—The zone has an area of 21,430 square meters, and includes 12 warehouses, a customs section, 2 sheds, the streets between the warehouses, and a special warehouse used for the storage of edible oils and hides. The warehouses are mostly 3 and 4 stories in height, and the largest has a floor area of 1,960 square meters and is equipped with 4 elevators of 114 tons capacity each, as well as 4 chutes. Allowing for streets, alleys, and customs section. the total storage floor area is 17,154 square meters. Berthing and rail connections.—Due to the limited water front of the zone there are only two berthing spaces for moderate-sized ocean- going vessels, most of the goods reaching the zone by means of lighters. This condition will, of course, be corrected when the enlarged plan for the zone becomes effective. Two railway lines connect the zone with the general railway system of the country, and the area lies immediately alongside of a main highway of the city. Administration.—The local Italian chamber of commerce (now incorporated with the Consiglio dell’Economia Provinciale controlled by the central Government) manages the zone, and the charges are €0 adjusted that every effort is made to strike an even balance between income and operating expenses, it being considered that in this way trade is encouraged. The total operating expenses for the year 1926 amounted to only 1,202,000 lire (about $60,000 United States cur- rency). Every two years a managing board of five members is elected fron among the members of the chamber of commerce and anyone may be reelected upon the expiration of his term of office. It is understood that they serve without salary. It is the duty of this board, acting

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