The Story of Brazilian Commerce 255
traffic in 1867. And once more appears in our commercial
history the name of Baron de Maua, who generously gave
up the privileges he held by contract for the exclusive
navigation of the Amazon.
VI. COMMERCIAL DEVELOPMENT: PREWAR-AFTER WAR
It must be admitted that under the Republican regime,
from 1889 onwards, the commercial progress of Brazil,
aided by a number of favorable factors and circumstances,
was considerably more rapid than before: in ten years the in-
crease was comparable to that of the previous period of
|
thirty years. |
Annual Average Figures | |||
|
Empire Republic |
Years |
Exports 14.9 19.9 22.0 29.1 47.6 68.8 80.5 (in million po |
Imports ɪʒ-ɪ 25.2 31.8 67.4 jnds sterling) | |
|
■< |
1861-70 1871-80 1881-90 1891-1900 | |||
|
In the twentieth |
century, however, progress |
has been still | ||
more conspicuous; but figures ought to be given in pounds
sterling, otherwise, if stated in national currency, the de-
preciation of the milreis distorts the economic phenomenon,
giving the increase still larger proportions.
One of the most characteristic features of our foreign trade,
after the establishment of the Republic, was the consider-
able advance of the United States as a country of origin of
our imports, and chiefly as the country of destination of our
exports. There was of course, in prewar times, a rapid in-
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