Thomson's manual of Pacific Northwest finance

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Monograph

Identifikator:: 1838857176

URN:: urn:nbn:de:zbw-retromon-229226

Document type:: Monograph

Title:: Thomson's manual of Pacific Northwest finance

Place of publication:: Seattle

Publisher:: Thomson's Statistical Service

Year of publication:: 1930

Scope:: XXX, 487 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Section IV. Lumber and timber companies

Collection:: Economics Books

PART V. 3 where simsim is of better quality, into other districts where it is not of so good quality, distribution not being haphazard but being controlled, so that we know the centres from which distribution is being made and to what other centres we are reaching out. 1 may mention that the output of simsim in the Territory for last year was about equal in value to that of ivory, a product of more attractive interest, but thus only equal in importance to the seventh agricultural product. As regards rice, we have some very excellent kinds of indigenous rice; and so far we have not had the advantage of plant breeders to enable us to do any improving; but we are trying to increase our output, and we shall bring about greater production of those kinds by a carefully controlled distribution, with the aid of native administrations, which will gradually extend and enlarge the areas of the better kinds of rice, and oust, we hope, the less valuable kinds. Plantation rubber is quite a new thing to us. In German times it was one of the principal products—next to sisal it was the most important product of the country; it was largely developed at that time by means of British capital. As a legacy of the Germans we have very large areas of that ‘‘ beautiful ’’ plant, Ceara rubber. Last year, owing to the state of the market—as we all know, every kind of rubber got higher prices for a short time—Ceara rubber became of greater value, and on some of the estates that were the least dilapidated, so to speak, tapping was done and produced quite a reasonable quantity of rubber, most of which went to Hamburg. This new production we do not expect to be able to maintain: it was a production that ousted millet—or I might say more accurately, the millets—from our first ten important exports. Our millets are an important production; the amount of export depends on three things: the weather, which gives the bulk production; the amount of demand there is for them in Northern Africa and India, where the millets largely go; and, also, to the way in which economic conditions happen to be affecting the Indian trader. Returning to plantation rubber, which, as 1 said, ousted the millets from their former importance, it is quite possible that there will continue to be some demand for that product, now that it has been discovered that the very existence of its resinous content, which brought it into disfavour as compared with other rubbers in former years, has proved itself a property of advantage; and it is being used, mostly in Germany, for electrical insulation, especially under wate. . Beeswax is an export that has decreased very largely since ihc time of the Germans, owing to the wasteful way in which they encouraged its collection, at the expense of the producers of it, the bees. We hope, however, in time to remedy that; it will take time, but our Entomologist, Mr. Ritchie, has devised means of teaching the patives both the proper way in which to deal with the wax and the best kind of hive in which ta collect it. Although low in the scale the value of the export of beeswax is equal to that of gold: that more picturesque product of the Territory. Another new export is cotton seed. Cotton seed last year through market conditions became our eleventh export in value, equalling mita, second to gold, the chief mineral product. 65

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