| Show 10 YEARS OF BUSINESS It I Is difficult to compress within so 60 smal small a space ns as Is available an any anything thing Iko like nn an adequate statement ot of 1 the chief lan landmarks In n the history ot of commerce In the last century says Bradstreets commercial agency A volume would be morl more to the purpOse Commerce being concerned mainlY with the distribution and re of corn com commo mo a 0 powerful perhaps the most powerful share In Its development must naturally be attributed to the ap of steam tl to transportation both b by land and ond water This constituted constituted I the first great eol step In the pros ees eS which has since gone gon on at Q a pro progressive rate rat bringing distant beau beauties ties Into connection with each other and tes It was one without whIch the tho later steps In tine the d development and extension ot of means of generally would seem to have havo been Impossible Tho ho utilization of the lale same force In manufacturing must be r regarded as an another another other potent influence affecting com mere as furnishing Immensely In increased creased ot of the tho materials the tho exchange of goes to make up so large a 0 share ot of modern commerce Nor or must we forget such an Important Im Impulse pulse as s that exerted by the construction ton tion of great grent canals ot of which the Erie and the Suez furnish h types which opened new gateways to trade No re review view ot of the tho would woul be c complete which failed to tB take account of at the ot of frets or of the tho relaxation b by different gov ov of the restrictive policy In trade relations or of which iho most ex extreme extreme expression l is found In the Ion or of free trade by Great Grat Britain but bul I which ton Is exemplified led also In treaties ot of commerce or of which the tho reciprocity or oral at al the least reductions of duty Ion con constitute Q a growing f feature Another Anther ver very powerful Impetus was communIcated during durin the century by bythe the discoveries of Jot gold In California and Australia which by greatly In increasing creasing the supplies ft of the worlds standard money meta metal Imparted In creased con confidence ence to the banking com community and by attracting population to the geld felds fields added new acquisitions to the worlds sources ot of production The utilization of electricity as a means or of communication at first wih with within In national boundaries but bul acro across s the once dividing ocean hal line been another mighty force torce In extending and stimulating the operations ot of com commerce merce Time and distance have long lon by the telegraph h and today even that means ot of communication tion ton has his been found tardy b by a I generation genera ton tion which makes Ie its contract contracts over the telephone The construction by Itus Hus Hussin sin ala ot of the great real rail railway way which tape nl all A Asia la time the I opening up of China and Japan to corn com mace with lh the rest or of the world I a process In which tM the United States was wasI wasa a pioneer nearby hal half a n ago o and the lire successive discoveries leading up to the exploitation ot of Africa have ni all opened new felds fields for the extension of commerce in n which the tho expansion ot of I I the United States prepares tho ho way a for this country to be a leading I Finally Finaly among the great greal Info powerfully promoting commerce must be mentioned the growth and safeguarding ot of credit which economize economizes mize the use or of the machinery of ex exchange change thus quickening both the pro clueing and consuming powers of eo BO BOde de clety and which finds no locality In civilization too remote for tor the exercise ot of Il its beneficent agencies |
