Abstract

in common. With 110 million people spread over three million square miles of territory, the country is the most populous area on the planet having no customs tariff, or serious commercial barriers between its parts. There is a common business language, there is a uniform currency and a single monetary system. The states are closely knit by transportation facilities and by telegraph, telephone, and radio communication; interstate trade is under uniform legal jurisdiction, and the state legal systems have a certain degree of similarity. Throughout the country, commercial customs are, in the main, similar, and there is a fairly well unified distributing mechanism in every important trade.

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