Title: The Engineering Magazine, Vol. 6: Devoted to Industrial Progress; October 1893, to March 1894 (Classic Reprint)
Publisher: Forgotten Books
Publication Date: 2018
Language: English
ISBN 10: 0282516948
ISBN 13: 9780282516949
Binding: PAP
Condition: New
Weight: 1484 grams

About this title

Synopsis

Excerpt from The Engineering Magazine, Vol. 6: Devoted to Industrial Progress; October 1893, to March 1894

For illustration, follow for a moment the movement of a single staple crop. How could that be best carried from harvest to market? Those who take it from the ground have in hand the Vital thing that the world requires. At the very start, the producers desire to subdivide it in such manner that it will itself furnish means to pay for the labor and expenses of gathering the harvest. This they should be able to do by pledging the crop to responsible persons competent to accept it, who could immediately issue against it, at the place of departure, an approximate amount of circulating notes, evidences of possession, with means of redemption. These would be local currency, receivable throughout that community, at their money's worth, for such other things as the holder and laborers found necessary to purchase. The crop would then be transported toward the sea, either for consumption or for te-shipment, by means of larger bills of exchange, and the proceeds of It carried back, either in money or in other commodities, to the place of departure. These would there be distributed through the ordinary avenues of local trade, and be paid for in the currency first issued, which mean while would have served its purpose for local expenditures and been returned to its issuers for payment.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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