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 151 passengers, and the Commonwealth returns of overseas arrivals and departures constitute the chief and almost the only sources of information. No pretence is made of any high degree of accuracy; but it is believed that the method used here in arriving at the total expenditure gives a result that is, at any rate, not in excess of the true figures. In estimating the average expenditure of different types of passengers, the pro- portion of travellers in different classes, and the number of return tickets taken out respectively in Great Britain and Australia, the writer has been mainly guided by the working knowledge possessed by responsible officials of the greater com- panies engaged in passenger traffic. These impressions have been reinforced by random ‘samplings’ of passenger statistics in the different years ; and by the known conditions of accommodation that existed on the type of cabin-cargo steamer trading to Australia during the period. From the table of oversea arrivals and departures published quarterly by the Commonwealth Bureau of Census and Statistics! it is possible to eliminate immigrants and emigrants, and to compute the proportion of tourists travelling in the different classes of passenger accommodation. It is estimated that on Australian routes there were two passengers in other classes to every one travelling on a first-class ticket. The period is very interesting in this respect, since the difficult years from 1902 to 1905 restricted outward travellers from Australia mainly to people engaged in business, whilst the prosperity at the end of the period was responsible for a great expansion of the tourist traffic proper. The numbers of tourists are represented in the statistics by the holders of return tickets taken out either in Australia or abroad. It then became necessary to separate these into inward and outward passengers. This was not so difficult as it would seem since the numbers of inward passengers exhibit some degree of regularity, and are represented, for the great part by business men engaged in regular seasonal work such as wool buying. Further estimates then had to be made concern- ing (i) the average amount of money spent in Australia by tourists from abroad. Under the circumstances which govern such ‘business trips’ it is held that £100 represents a fair allowance for the normal duration of these visits: and (ii) the 1 Demography Bulletins, and also Quarterly Summary of Statistics.

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