Millions from WasteTalbot, Frederick Arthur Ambrose
Philosophy
Millions from Waste
Talbot, Frederick Arthur Ambrose
Salvage (Waste, etc.); Waste products
The Germans went farther. From the experience amassed in the
development of wealth from waste products they were quite prepared to
buy residues from foreign competitors, to ship them to the Homeland,
and there to work them up. The country was quite prepared to act as a
marine store upon a big scale, because thereby it was able to acquire
valuable potential raw materials for infinitesimal expense. The vending
countries, as a rule, were quite ready to dispose of their waste at a
trifling figure, and often more unfeignedly glad to be rid of what they
considered to be a nuisance, comforting themselves with the thought
that they had been able to drive good bargains from the sale of what
was useless to themselves.
The Teuton buyers were equally satisfied. They generally succeeded
in buying useful material at an absurdly low figure. Very often
the heaviest item of expense in such transactions was the cost of
freighting the waste to Germany, but here they were able to reap
distinct advantages from preferential rates. However, such expenditure
was speedily recouped because the articles contrived from the erstwhile
rubbish commanded a ready sale and at attractive prices. It was by no
means uncommon for the Germans to sell the commercial products wrought
from the waste back to the very firms whence the last-named had been
acquired, and at a considerably enhanced figure.
The strangest feature about these transactions was the keenness with
which they were conducted. The countries concerned were far readier to
resort to such commercial tactics than to bestir themselves to turn
their wastes to similar account, although it must be admitted that
the wily Teutons, recognizing the advantage they held, were disposed
to invest their processes for translating refuse into commodities
with distinct secrecy. They played a gigantic game of bluff and their
temerity met with success. If the victims had only reflected they would
have realized that such activity was quite possible to themselves;
that such enterprise would have provided additional avenues for the
employment of their own citizens, and would have contributed materially
to their individual commercial wealth.
Public-domain text, read in full here on John Shaqi.
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