The similar explanation should be given the fact, that London - the great financial centre of the
The similar explanation should be given the fact, that London - the great financial centre of the world. The same policy who has made the Great Britain the big trading country, also has made its big industrial country. Food products of all world pour in on its coast, and the Great Britain became a cheap place to live century Its handicraftsmen are supplied by the best food which the world can make, and it under the prices which are actually, that the British requirement does by them to be. The British handicraftsman therefore and well eats and cheaply eats. As consequence of it British manufacturing are made more effectively and more cheaply than that of the majority of other nations, and they therefore are exported extremely to each quarter of globe. London, from its availability concerning the great industrial centres of the house, and from its commercial relations and services for trade abroad, is great centre value of distribution of this huge manufacturing. The London exporters have accounts on the goods sold by all of them all over the world. Is, [76] therefore, any quarter of the world where
Money not constantly owing to London; or, if not to London, to Manchester, Birmingham, Sheffield, Leeds, Glasgow, or to some other industrial centre in close financial contact to London. In it then, there is an explanation of the financial superiority of London. Irrespective of that the quarter of world money should any place, final mission of that money - London; as the site to which owe money if it not to be London will be found in almost all cases, that, will be independent the debtor to London. London, therefore, from requirement and as the custom and convenience, became the big clearing house of the world. Final regulators of debts of all commercial centres of the world are made there.
The London bridge.
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THE GREAT BRITAIN THE NATION OF THE CREDITOR OF THE WORLD
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