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A Guide To Personalities, Topics And Problems

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Chapter Summary

The study of Frederick Cornes has so far relied heavily upon the two sets of his correspondence. These have provided a valuable insight into his commercial and to his private life. His research in investigating and collating much relevant detail has been of the utmost value to the study. It is appreciated that part of the success of Frederick Cornes lay in his ability to adapt to the changing conditions of the trade. Another development which was partly influenced by Cornes' maritime activities was the growth in insurance business. The most important was the growth in yarn imports which helped to sustain Japan's domestic production of woven goods. This solid beginning was then to provide the reserves which acted as a valuable hedge which helped to insulate Cornes from the spasmodic and unavoidable losses which were to occur in future years.

Keywords: Frederick Cornes; Japan



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