Brazil, the land of rubber : $b At the third international rubber and allied trades exhibition, New York, 1912Brazil. Commissão, Exposição internacioncal de borracha de New York, 1912
History
Brazil, the land of rubber : $b At the third international rubber and allied trades exhibition, New York, 1912
Brazil. Commissão, Exposição internacioncal de borracha de New York, 1912
Rubber -- Exhibitions; Rubber industry and trade -- Brazil
The uses and customs are identical in the two markets. Commerce obeys
a rule above all unfavorable to the sellers who cannot put a value on
their merchandise but are forced before all things to accept the price
imposed by the buyers. That disadvantageous condition of dependency
is the natural outcome of the deficient economic organization in the
exploitation of the rubber industry in the valley of the Amazon.
Reference has already been made in another place to the burdensome
commercial relations between the seringueiros and the patrons or
proprietors of seringaes and between the same patrons and the commercial
traders. The same vices and defects are to be found in the relations
between the commercial traders and the great exporting houses. Those
latter, possessors of large capital and united together in the common
interests, dominate the market, which, weakened by successive crises and
always in a precarious state cannot oppose them an efficacious resistance.
That situation can only be modified in the case of the actual economic
and commercial methods, which place in the hands of the merchant-trader
all the responsibility of the conduction of business in the place,
without at the same time arming them with the means of defence against
unrestricted speculations.
The merchant-trader’s houses are the intermediaries between the
seringueiros and the exporting houses. But, their principal function
is that of furnishing the seringueiro during the year all the goods
necessary to sustain him and his employes as well as supplying him with
tools, utensils, wearing apparel and in fact, everything that may be
necessary to his life in the seringaes.
This supplying is done on credit, that is to say, against the remittance
of rubber produced by the borrower and which is sold on its arrival by
the merchant-trader to the exporting houses.
The merchant-trader thus requires large capital so as to meet the
engagements that he assumes in the market with the great and numerous
supplies, which he is obliged to make.
It is incumbent on him also to transport the same for which he nearly
always employs steamers of his own, in order to bring the merchandise to
its destination in far-away regions, bringing back on the return trip the
rubber collected by his aviados, i.e., his borrowers of the seringaes.
Public-domain text, read in full here on John Shaqi.
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