ed 198

United States Manufactures and Internal Trade Compared
with the Manufactures and Internal Trade of all
Other Countries 199

Principal Articles of Domestic Exports of the United
States 205

III

FINANCE, TRADE, AND TRANSPORTATION

The Bank of England 216

Showing Cheque Raised from $7.50 to $70.50 241

A Certified Cheque 244

A Bank Draft 245

A Bill of Exchange 246

Illustrating Cheque Collections 252

A Mercantile Agency Inquiry Form 259

Specimens of Interest Coupons 266

Judge Thomas M. Cooley, First Chairman of the Interstate
Commerce Commission 287

The Paris Bourse 289

Interior View of New York Stock Exchange 290

V

PREPARING COPY FOR THE PRESS AND PROOF-READING

A Printer's Proof 390

A Printer's Corrected Proof 391

GENERAL BUSINESS INFORMATION

I. COMMERCIAL TERMS AND USAGES

[Illustration]

There is a distinction between the usage of the names COMMERCE and
BUSINESS. The interchange of products and manufactured articles
between countries, or even between different sections of the same
country, is usually referred to as _commerce_. The term _business_
refers more particularly to our dealings at home--that is, in our own
town or city. Sometimes this name is used in connection with a
particular product, as the _coal_ business or the _lumber_ business,
or in connection with a particular class, as the _dry-goods_ business
or the _grocery_ business. The name _commerce_, however, seldom admits
of a limited application. In the United States TRADE is synonymous
with _business_. The word TRAFFIC applies more especially to the
conveyance than to the exchange of products; thus we refer to
_railroad_ traffic or _lake_ traffic. PRODUCTS, when considered
articles of trade, are called _merchandise, goods, wares_. The term
MERCHANDISE has the widest meaning, and includes all kinds of movable
articles bought or sold. GOODS is applied more particularly t