Reciprocity and the Philippine Islands (Classic Reprint)
Language: English
Published by Forgotten Books, 2018
- Softcover
- New

Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 14.42
Quantity: Over 20 available
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Print on Demand. This book provides a detailed historical account of the American development of The Philippines. The author illustrates the political and economic transformation of the Philippines after the Spanish-American War, with particular focus on the Reciprocity Act of 1909. The book provides analysis of the Act’s impact on the Philippine economy through the lens of trade and commerce. It examines how the Act benefited Philippine exports, especially those of agricultural products. The author argues that the Act created favorable conditions for American investment in Philippine industries, setting the foundation for increased production and economic development. The book contributes to the historical understanding of trade policies and their impact on economic development, particularly in the context of the Philippines’ relationship with the United States. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9781334474873_0
- Title
- Reciprocity and the Philippine Islands (Classic Reprint)
- Author
- Harold M. Pitt
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1334474877
- ISBN 13
- 9781334474873
- Seller catalogs
- Economics
Miscellaneous articles that belong in this table, but are not enumerated, will swell the total to in excess of six hundred million dollars.
One cannot but be impressed by the virtual necessity, under the standard of living that now obtains in the United States, of practically all articles named above. And so essential are these things considered, and to such small extent is the United States able to produce them, that out of the entire list of 19 classesof commodities enumerated, comprising nearly 40 per cent of the total imports for the year, there are but two on which a duty is levied in the United States. The other seventeen enter free of duty no matter from what quarter they may come.
If the United States were selling to those countries from which this tremendous flood of importations is pouring in each year, a proportionate amount of its own products, the commerce would stand on a satisfactory basis and there would be no occa sion for concern.
But it is not selling them more than half as much as it buys from them and, unless conditions undergo a radical change, it never will.
To the casual observer unacquainted with the actual figures and existing conditions, it would seem that the United States should supply to tropical and semi-tropical peoples a large share of their needs. The imports of such countries are made up for the most part of three principal groups of commodities, viz: Cotton goods, iron and steel manufactures and foodstuffs. Cot tons comprise approximately 30 per cent of the whole while iron and steel manufactures and {foodstuffs in varying propor tion, amount to nearly 50 per cent.
With the superior advantages enjoyed by the United States in the production of such articles, it should be able to rival Ger many and Great Britain which are the most powerful compe titors for the world's commerce. But though sentiment and points of proximity and mutual interest may be favorable, it is not able to secure even a reasonable minor share of the trade in lines that it should, under ordinary rules, -control. How ever, the explanation of this is not difficult. For years the American manufacturer has been so entirely occupied with the work of supplying the home market which, on account of being highly protected, is vastly more profitable than the foreign, that he has lacked the time, if not the inclination, to cultivate the markets of other countries. The United States has been developing with such wonderful rapidity that the energy of its business elements has been taxed to the limits of their capacity in providing the requirements of the home field, and only dur ing periods of financial or economic depression has serious thought been given to the export trade.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"Synopsis" may belong to another edition of this title.
Forgotten Books
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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