The commerce of Constantinople is closely allied with that of Smyrna;
and many branches of trade, such as silk and opium, being required to
pay duties at the customhouse of the capital, the merchants buy them at
Constantinople merely in order to pass them over to Smyrna, where they
find a more advantageous market for them. In consequence, these goods
are twice borne upon the registers of the Turkish customhouses, which,
be it observed, are exceedingly badly kept. Wool forms the principal
branch of trade at the Porte, which is abundantly furnished with that
article from her nearest provinces, Roumelia, Thessaly, and Bulgaria,
which, containing about five million inhabitants, feed about eight
million sheep, the value of which may be estimated at about two hundred
million piastres, (the Turkish piastre, is worth about 2-1/4d.) It would
have been impossible for such an important object to have failed
exciting the cupidity of a government constituted like that of the
Ottoman empire; in consequence, in 1829, they attempted to make a
monopoly of the wool-trade. Fortunately, the clamorous despair of the
owners of the flocks, and some good advice, caused the Divan to recall
the measure, which would in all probability not only have given a fatal
blow to the wool-trade, but have entirely put an end to the feeding of
flocks throughout Turkey. Instead, therefore, of monopolising this
branch of commerce, the government saddled it with such an exorbitant
duty, that the provinces definitively gained little by the change. The
price of wool was more than quadrupled, and in 1833 there was sold for
above 170 piastres the hundredweight what in 1816 cost but forty
piastres. The abolition of the monopolies and the modification of the
duties have given, since the last six or seven years, some facilities to
this trade, without, however, entirely restoring it to its former state
of prosperity. Partly destroyed by the severe blow it had received, and
shackled by the avarice of the Pashas, it languishes, as indeed does
every other branch of trade and industry in the empire.
Public-domain text, read in full here on John Shaqi.
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