Bremen Cotton Exchange, 1872/1922Cramer, Andreas Wilhelm
History
Bremen Cotton Exchange, 1872/1922
Cramer, Andreas Wilhelm
Bremen (Germany). Baumwollbörse; Cotton trade
For many decades, England had almost a monopoly for providing Asia, and
the rest of the world, with cotton goods, and required a corresponding
amount of raw material, but now, it has lost that position. Grave
concern is felt in England, as well as in the whole of Europe,
regarding the future of the cotton industry, as it seems impossible to
prevent a further expansion in America and Japan, besides that, there
is the growing menace of the boll weevil, which many people consider an
unwelcome guest, that has come to stay.
Amongst the other cotton growing countries, Brazil perhaps, offers the
best prospect, on account of the great interest taken there in the
cultivation of the cotton plant, also, the Argentine gives rise to some
hope.
BREMEN'S POSITION IN COMPARISON TO THE RIVAL MARKETS.
The following figures are intended to show how the imports of Bremen,
and its consequent importance, have grown in comparison to the great
rival markets of Liverpool and Havre:
The Import was to
| Bremen | Liverpool | Havre
| in 1000 | in 1000 | in 1000
| bales | bales | bales
+ + +
1880/81 | 452 | 2 843 | 543
1883/84 | 422 | 2 470 | 465
1886/87 | 493 | 2 694 | 471
1890/91 | 911 | 2 314 | 525
1893/94 | 832 | 2 732 | 578
1896/97 | 1 213 | 2 683 | 672
1900/01 | 1 546 | 2 478 | 711
1903/04 | 1 757 | 2 081 | 690
1906/07 | 2 083 | 3 251 | 863
1909/10 | 1 760 | 2 089 | 948
1912/13 | 2 216 | 3 066 | 1 001
1913/14 | 2 619 | 2 903 | 1 021
1919/20 | 385 | 2 477 | 555
1920/21 | 1 279 | 1 525 | 583
There are not exact statistics before 1880, however, Bremen's yearly
import will have been 2-300 000 bales. From small beginnings, quite a
creditable result has been reached, that is worthy of some
consideration.
History frequently chronicles the decay of some once flourishing
commercial centre, and nobody knows to-day, the exact reason. Was it an
opportunity missed? Of such, no records are kept in the book of time.
Should anybody compile a history of lost opportunities, it might easily
require a bigger volume, than that needed for the story of
opportunities taken at the crucial moment.
Public-domain text, read in full here on John Shaqi.
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