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One difficulty arose and was never wholly solved during the period under review. In order to encourage the revival of entrepôt trade it was necessary to impose the minimum control on exports; but if exports were uncontrolled control of retail prices would merely drive goods out to more profitable markets. A partial solution was to permit the re-export of stipulated percentages of all imports. The co- operation of the mercantile community in matters of price control was satisfactory and by the end of the year the system could be regarded as fairly effective.
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