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Commercial Treaty
A commercial treaty is a formal agreement between states for the purpose of establishing mutual rights and regulating conditions of trade. It is a bilateral act whereby definite arrangements are entered into by each contracting party towards the other—not mere concessions. This article includes a detailed discussion of the history and status of such treaties as of the early 20th century. Examples For example, the Methuen Treaty was a commercial treaty between Portugal and England. Another example, between the close of the Napoleonic Wars of 1815 and the year 1860, the tariff system of United Kingdom was changed from elaborate protection to practically complete free trade. An attempt had indeed been made in 1786 to modify the rigidly protective legislation of the 18th century. In that year Pitt concluded a commercial treaty with France, providing for large reductions of duties in both countries. But the treaty was swept away with the outbreak of the wars with France, and accordi ...
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John Spencer, 3rd Earl Spencer
John Charles Spencer, 3rd Earl Spencer, (30 May 1782 – 1 October 1845), styled Viscount Althorp from 1783 to 1834, was a British statesman. He was Chancellor of the Exchequer under Lord Grey and Lord Melbourne from 1830 to 1834. Due to his reputation for integrity, he was nicknamed "Honest Jack". Early years His father George Spencer, 2nd Earl Spencer had served in the ministries of Pitt the Younger, Charles James Fox and Lord Grenville, and was First Lord of the Admiralty (1794–1801). George Spencer was married to the eldest daughter of Lord Lucan. Their eldest son, John Charles, was born at Spencer House, London, on 30 May 1782. In 1800, after Harrow, he took up his residence at Trinity College, Cambridge, and for some time applied himself energetically to mathematical studies; but he spent most of his time in hunting and racing. He was appointed a deputy lieutenant of Northamptonshire on 5 June 1803. In 1804, he entered parliament as a member for Okehampton in Devon. ...
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International Investment Agreement
An international investment agreement (IIA) is a type of treaty between countries that addresses issues relevant to cross-border investments, usually for the purpose of protection, promotion and liberalization of such investments. Most IIAs cover foreign direct investment (FDI) and portfolio investment, but some exclude the latter. Countries concluding IIAs commit themselves to adhere to specific standards on the treatment of foreign investments within their territory. IIAs further define procedures for the resolution of disputes should these commitments not be met. The most common types of IIAs are bilateral investment treaties (BITs) and preferential trade and investment agreements (PTIAs). International taxation agreements and double taxation treaties (DTTs) are also considered IIAs, as taxation commonly has an important impact on foreign investment. Bilateral investment treaties deal primarily with the admission, treatment and protection of foreign investment. They usually co ...
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Bearing And Importance Of Commercial Treaties In The Twentieth Century
Bearing(s) may refer to: * Bearing (angle), a term for direction * Bearing (mechanical), a component that separates moving parts and takes a load * Bridge bearing, a component separating a bridge pier and deck * Bearing BTS Station in Bangkok * ''Bearings'' (album), by Ronnie Montrose in 2000 See also * Bering (other) * Baring (other) Baring may refer to one of the following People * Baring (surname) * Baring family German-British Baring family * Family Name of the Earl of Cromer * Family Name of the Baron & Earl of Northbrook * Family Name of the Baron Ashburton * Family N ...
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Thomas Barclay (economic Writer)
Sir Thomas Barclay (20 February 1853 – 20 January 1941) was a distinguished authority on International Law, a writer on economic subjects and a British Liberal politician. Barclay was born at Dunfermline in 1853, the eldest son of George Barclay of Cupar. He was educated at Cupar Academy, the College of Dunkirk, the Johanneum Classical School, Hamburg, University College, London, and the Universities of Paris and Jena. Initially he followed his father's footsteps in being a journalist for ''The Times'' having written articles for various newspapers from 1876 and he was posted to their Paris office. When he was called to the bar in 1881, he then devoted himself to a legal practice. A former Liberal Unionist, he was a Member of Parliament (MP) for Blackburn (UK Parliament constituency) between the two general elections of 1910 ( January and December). He was also a deputy Chairman of the International Law Association. From 1899 to 1900 he headed the British Chamber of comme ...
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Ireland
Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Great Britain and Ireland), North Channel, the Irish Sea, and St George's Channel. Ireland is the List of islands of the British Isles, second-largest island of the British Isles, the List of European islands by area, third-largest in Europe, and the List of islands by area, twentieth-largest on Earth. Geopolitically, Ireland is divided between the Republic of Ireland (officially Names of the Irish state, named Ireland), which covers five-sixths of the island, and Northern Ireland, which is part of the United Kingdom. As of 2022, the Irish population analysis, population of the entire island is just over 7 million, with 5.1 million living in the Republic of Ireland and 1.9 million in Northern Ireland, ranking it the List of European islan ...
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Robert Peel
Sir Robert Peel, 2nd Baronet, (5 February 1788 – 2 July 1850) was a British Conservative statesman who served twice as Prime Minister of the United Kingdom (1834–1835 and 1841–1846) simultaneously serving as Chancellor of the Exchequer (1834–1835) and twice as Home Secretary (1822–1827 and 1828–1830). He is regarded as the father of modern British policing, owing to his founding of the Metropolitan Police Service. Peel was one of the founders of the modern Conservative Party. The son of a wealthy textile manufacturer and politician, Peel was the first prime minister from an industrial business background. He earned a double first in classics and mathematics from Christ Church, Oxford. He entered the House of Commons in 1809, and became a rising star in the Tory Party. Peel entered the Cabinet as Home Secretary (1822–1827), where he reformed and liberalised the criminal law and created the modern police force, leading to a new type of officer known in tribute to ...
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Wheat
Wheat is a grass widely cultivated for its seed, a cereal grain that is a worldwide staple food. The many species of wheat together make up the genus ''Triticum'' ; the most widely grown is common wheat (''T. aestivum''). The archaeological record suggests that wheat was first cultivated in the regions of the Fertile Crescent around 9600 BCE. Botanically, the wheat kernel is a type of fruit called a caryopsis. Wheat is grown on more land area than any other food crop (, 2014). World trade in wheat is greater than for all other crops combined. In 2020, world production of wheat was , making it the second most-produced cereal after maize. Since 1960, world production of wheat and other grain crops has tripled and is expected to grow further through the middle of the 21st century. Global demand for wheat is increasing due to the unique viscoelastic and adhesive properties of gluten proteins, which facilitate the production of processed foods, whose consumption is inc ...
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Grain
A grain is a small, hard, dry fruit (caryopsis) – with or without an attached hull layer – harvested for human or animal consumption. A grain crop is a grain-producing plant. The two main types of commercial grain crops are cereals and legumes. After being harvested, dry grains are more durable than other staple foods, such as starchy fruits (plantains, breadfruit, etc.) and tubers ( sweet potatoes, cassava, and more). This durability has made grains well suited to industrial agriculture, since they can be mechanically harvested, transported by rail or ship, stored for long periods in silos, and milled for flour or pressed for oil. Thus, the grain market is a major global commodity market that includes crops such as maize, rice, soybeans, wheat and other grains. Grains and cereal Grains and cereal are synonymous with caryopses, the fruits of the grass family. In agronomy and commerce, seeds or fruits from other plant families are called grains if they resemble c ...
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Maize
Maize ( ; ''Zea mays'' subsp. ''mays'', from es, maíz after tnq, mahiz), also known as corn (North American and Australian English), is a cereal grain first domesticated by indigenous peoples in southern Mexico about 10,000 years ago. The leafy stalk of the plant produces pollen inflorescences (or "tassels") and separate ovuliferous inflorescences called ears that when fertilized yield kernels or seeds, which are fruits. The term ''maize'' is preferred in formal, scientific, and international usage as a common name because it refers specifically to this one grain, unlike ''corn'', which has a complex variety of meanings that vary by context and geographic region. Maize has become a staple food in many parts of the world, with the total production of maize surpassing that of wheat or rice. In addition to being consumed directly by humans (often in the form of masa), maize is also used for corn ethanol, animal feed and other maize products, such as corn starch and ...
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Corn Laws
The Corn Laws were tariffs and other trade restrictions on imported food and corn enforced in the United Kingdom between 1815 and 1846. The word ''corn'' in British English denotes all cereal grains, including wheat, oats and barley. They were designed to keep corn prices high to favour domestic producers, and represented British mercantilism. The Corn Laws blocked the import of cheap corn, initially by simply forbidding importation below a set price, and later by imposing steep import duties, making it too expensive to import it from abroad, even when food supplies were short. The House of Commons passed the corn law bill on March 10, 1815, the House of Lords on March 20 and the bill received Royal assent on March 23, 1815. The Corn Laws enhanced the profits and political power associated with land ownership. The laws raised food prices and the costs of living for the British public, and hampered the growth of other British economic sectors, such as manufacturing, by reducing t ...
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Iron
Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in front of oxygen (32.1% and 30.1%, respectively), forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust. In its metallic state, iron is rare in the Earth's crust, limited mainly to deposition by meteorites. Iron ores, by contrast, are among the most abundant in the Earth's crust, although extracting usable metal from them requires kilns or furnaces capable of reaching or higher, about higher than that required to smelt copper. Humans started to master that process in Eurasia during the 2nd millennium BCE and the use of iron tools and weapons began to displace copper alloys, in some regions, only around 1200 BCE. That event is considered the transition from the Bronze Age to the Iron A ...
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