Borrowing and business in Australia

Bibliographic data

Monograph

Identifikator:: 183051623X

URN:: urn:nbn:de:zbw-retromon-222122

Document type:: Monograph

Author:: Wood, Gordon L. http://d-nb.info/gnd/1239193688

Title:: Borrowing and business in Australia

Place of publication:: London

Publisher:: Oxford university press, H. Milford

Year of publication:: 1930

Scope:: xv, 267 Seiten; 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 IV. The commonwealth, 1900-14

Collection:: Economics Books

INDEBTEDNESS FROM 1900 TO 1913 149 cargoes has, therefore, been calculated at 6 per cent., and at 4-2 per cent. for outward freight. Even though it is prepared on the actual ‘make-up’ of im- ports, this is admittedly rather a slender basis upon which to build an estimate of the Australian bill for carriage inwards. It is believed, however, that it yields a fair estimate of the charge made ; and this belief has been confirmed by reference to many authorities who are acquainted with Australian shipping from various angles, either as accountants, executives, customs Tape XXIX Freight Payments by Australia on Imports Year. 1901 19502 1903 1904 19056 1908 1907 1908 1909 1910 1911 1912 1913 Recorded value of imports. £m. 12-434 10-676 37-811 37-021 38-347 44-745 51-809 19-799 51-172 50-014 56-968 78-169 79-712 if Estimated vercentage freight to cargo. [if Freight index. [Vv L000 940 330 743 352 I31 380 381 10 0 8 3 5958 Wholesale price index 0¢. Britain] Percentage freight charge to tmports. VI 912 6-5 909 6-2 914 5:5 p26 | 47 921 5-5 851 3-9 000 59 971 8:1 982 5-1 -026 6-2 1032 6-7 1084 6-8 1099 7:2 Total freight. £m. VII 2-756 2-523 2-079 1-739 2-012 2-638 3-056 3-038 3-123 3-720 4-249 5-318 5.746 IV. Estimated by the writer. V. Labour Dept. Board of Trade, Cost of Living Report. 97. TIT x IV =~ V. officers, or statisticians. It is further confirmed in rather a remarkable way by the estimate for the post-war years, from incomparably better data, which is given in a later chapter. It also bears comparison with the estimate made by Viner for Canada for the year 1907. By an entirely different method he arrived at the figure of 3-6 per cent. for the shorter voyage and more competitive conditions of the Canadian trade. With one exception the authorities competent to compare the figures by actual experience were prepared to admit that this was approxi- mately the relation between the two cases. It was finally

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