Lessons in Commerce a Text book for Students

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The Concession provides for the payment to the Company of an annual sum of 14, 000, payable monthly, for a guaranteed first period of seven years from ist August, 1890, and also confers certain rights and privileges granted to mail boats only. The superintendence of the postal service is entrusted to the Minister of Posts and Telegraphs, and the steamers will sail under the Italian national and postal flags. Pending construction of the Company's steamers, chartered vessels may be employed.
The
...trade between Great Britain and Italy is of considerable volume, and, with the improved communication which this Company will provide, should be greatly increased. It is confidently anticipated that the Company will divert a large amount of the trade hitherto reaching Great Britain overland, via French and Belgian ports.
According to official statistics the annual export from England to Italy exceeds 35, 000, 000 tons, and the import by sea from Italy to England is about 200, 000 tons. At present there is no regular direct fast line of steamers between the two countries, and none under the Italian flag, and with Govern- ment privileges.


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