Travels in Arabia; comprehending an account of those territories in Hedjaz which the Mohammedans regard as sacred by John Lewis Burckhardt
page 32 of 566 (05%)
page 32 of 566 (05%)
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the amount of a thousand dollars. At Djidda sales and purchases are made
of entire ships' cargoes in the course of half an hour, and the next day the money is paid down. The greater part of the merchandize thus bought is shipped for Suez, and sold at Cairo, whence it finds its way into the Mediterranean. The returns are made either in goods, which are disposed of chiefly in the Hedjaz, or in dollars and sequins, large quantities of which are carried off annually by the Indian fleet: this principally causes the scarcity of silver in Egypt. The coffee ships [p.19] from Yemen take a few articles of Egyptian manufacture in return, as Mellayes, (blue-striped cotton cloths,) linen stuff's for shirts, and glass beads; but their chief sales are mostly for cash. If Suez were to participate in the direct Indian trade, the present flourishing state of Djidda would, no doubt, be greatly diminished, and the town would become merely what its position renders it, the harbour of the Hedjaz, instead of being, as it now is, the port of Egypt. It was natural that the sherifs of Mekka, who had the customs in their own hands, should endeavour, by every means in their power, to make Djidda an emporium for the Indian trade, the custom-duties on which formed the principle source of their income. Suez, however, is not a place where large capitals are always found ready to make purchases; even Cairo could not, at least immediately, engage in this trade with advantage, were it transferred to Suez; for, according to old customs, from which Orientals seldom like to depart, ready money is almost unknown in the commercial transactions of that city; India goods are in consequence never sold there except at very long credit. Undoubtedly cash might in time have found its way to Suez, as it now does to Djidda; but the channel of trade was such, that a fleet of ships coming direct from India to Suez, would hardly have been able to dispose of their cargoes |
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