FREE BOOKS

Author's List




PREV.   NEXT  
|<   384   385   386   387   388   389   390   391   392   393   394   395   396   397   398   399   400   401   402   403   404   405   406   407   408  
409   410   411   412   413   414   415   416   417   418   419   420   421   422   423   424   425   426   427   428   429   430   431   432   433   >>   >|  
World War, having taken more than all the rest of the world put together. The world's chief coffee "stream," so to speak, is now from Santos and Rio de Janeiro to New York, other lesser streams being from these ports to Havre, Antwerp, Amsterdam, and (in normal times) Hamburg; and from Java to Amsterdam and Rotterdam. It is said that a movement, fostered by Belgium and Brazil, is under way to have Antwerp succeed Hamburg as a coffee port. The rise of Brazil to the place of all-important source of the world's coffee was entirely a nineteenth century development. When the coffee tree found its true home in southern Brazil in 1770, it began at once to spread widely over the area of excellent soil; but there was little exportation for thirty or forty years. By the middle of the nineteenth century Brazil was contributing twice as much to the world's commerce as her nearest competitor, the Dutch East Indies, exports in 1852-53 being 2,353,563 bags from Brazil and 1,190,543 bags from the Dutch East Indies. The world's total that year was 4,567,000 bags, so that Brazilian coffee represented about one-half of the total. This proportion was roughly maintained during the latter half of the nineteenth century, but has gradually increased since then to its present three-fourths. [Illustration: PRE-WAR AVERAGE ANNUAL IMPORTS OF COFFEE INTO THE UNITED STATES BY CONTINENTS Fiscal years: 1910-1914 Total pounds: 899,339,327] The most important single event in the history of Brazilian production was the carrying out of the valorization scheme, by which the State of Sao Paulo, in 1906 and 1907, purchased 8,474,623 bags of coffee, and stored it in Santos, in New York, and in certain European ports, in order to stabilize the price in the face of very heavy production. At the same time, a law was passed limiting the exports to 10,000,000 bags per year. This law has since been repealed. The story of valorization is told more fully in chapter XXXI. The coffee thus purchased by the state was placed in the hands of an international committee, which fed it into the world's markets at the rate of several hundred thousand bags a year. Good prices were realized for all coffee sold; and the plan was successful, not only financially, but in the achievement of its main object, the prevention of the ruin of planters through overproduction. [Illustration: PRE-WAR AVERAGE ANNUAL IMPORTS OF COFFEE INTO THE UNITED STATES BY COUNTRIES Fiscal
PREV.   NEXT  
|<   384   385   386   387   388   389   390   391   392   393   394   395   396   397   398   399   400   401   402   403   404   405   406   407   408  
409   410   411   412   413   414   415   416   417   418   419   420   421   422   423   424   425   426   427   428   429   430   431   432   433   >>   >|  



Top keywords:

coffee

 

Brazil

 
century
 

nineteenth

 

important

 

Indies

 

exports

 

Brazilian

 

STATES

 

UNITED


Fiscal

 
production
 
purchased
 

valorization

 
COFFEE
 

Illustration

 

AVERAGE

 

IMPORTS

 

ANNUAL

 

Hamburg


Santos

 

Amsterdam

 

Antwerp

 

European

 
stabilize
 

stored

 
scheme
 

pounds

 

CONTINENTS

 

carrying


single

 
history
 

realized

 

successful

 

prices

 
hundred
 

thousand

 
planters
 

overproduction

 

COUNTRIES


prevention

 

financially

 
achievement
 

object

 

markets

 
repealed
 

passed

 
limiting
 

chapter

 

international