Brazil today and tomorrowJoyce, L. E. Elliott (Lilian Elwyn Elliott)
History
Brazil today and tomorrow
Joyce, L. E. Elliott (Lilian Elwyn Elliott)
Brazil; Brazil -- Economic conditions
Consumption of the entire supply of marketed rubber was, immediately
prior to the European War, almost evenly divided between North America
and Europe: one of the industrial adjustments made after hostilities
began was the shifting of a larger share of rubber, and rubber
manufacturing, to the United States, so that in 1914 she took fifty per
cent of the marketed total, one hundred and twenty thousand tons, and in
1915 increased these purchases to nearly sixty-two per cent of the total
marketed, or ninety-seven thousand tons out of about one hundred and
fifty-eight thousand.
Distribution of the world’s crop in 1915:—
United States 61.5 97,000
Great Britain 9.6 15,072
Russia 7.6 12,000
France 7.2 11,500
Italy 4.8 7,500
Germany, Austria 3.8 6,000
Canada 2.5 4,000
Japan and Australia 1.6 2,500
Scandinavia 1.4 2,252
The course of the next few years may see Brazil herself on the lists as
a rubber-consuming country. For fifty years she has exported rubber,
crude, and such manufactures of rubber as she has used have been
imported from the United States or Europe; she imported in 1915 about
six hundred and eighty-three tons of rubber manufactures, chiefly tyres,
worth a million dollars, which was less than the imports of 1913, and
which might show greater diminution if the unfortunately conceived law
intended to protect “fine hard Pará,” but which resulted in paralyzing
rubber imports, were sustained. This alteration in the tariff, operating
early in 1915, changed the old import tax of five per cent ad valorem to
a scale with violent differences; rubber manufactures made with the
Brazilian product were charged one hundred reis a kilo (a fraction over
two cents U. S.) while articles made with foreign rubber were taxed ten
milreis (say two dollars and sixty cents) a kilo.
An excellent idea, warmly applauded; but when the time came to apply the
law it was found impossible to discover the real origin of the rubber,
and in order to avoid any chance of letting in foreign material
practically scot free the official valuers charged all entering articles
at the high rate.
Public-domain text, read in full here on John Shaqi.
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