 Particular Points of Strength in Britain’s Overseas TradeD. C. M. Platt Chapter 4 in Decline and Recovery in Britain’s Overseas Trade, 1873–1914, 1993, pp 65-76 from Palgrave Macmillan Abstract: Abstract Peter Mathias was right to maintain that Britain’s extraordinary success in supplying services to the world has received far less attention than the problems she encountered in the export of manufactured goods. He was referring to the earnings of shipping, insurance, the financing of overseas trade, and international banking. This was true, Mathias explained, both for the new markets of Asia, Africa and Latin America, and for the traditional economies of Continental Europe where London’s discount and insurance services, firmly based, ‘stayed unchallenged throughout’.1 Contemporaneously Herr Dem-burg, a former Colonial Minister for the Kaiser, was as convinced as any Englishman of Britain’s tremendous power over the commerce and finance of the whole world, and of the magnitude of the annual tribute of securities and goods imported in payment for interest, freights, commissions, brokerage, insurance, warehouse fees, etc. The German money market (in 1911) was merely an annex of London.2 Keywords: Foreign Trade; German Bank; British Trade; Overseas Trade; British Ship (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-10958-6_4 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-10958-6_4 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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