The transit trade with Montenegro is impeded by high tariffs on both sides of the frontier.
When they took office there were in Prussia sixty different tariffs, with a total of nearly 2800 classes of taxable goods: in some parts importation was free, or all but free; in others there was absolute prohibition, or duties so heavy as to amount to practical prohibition.
The conseil colonial, besides its advisory functions, discusses and votes the budget, determines the nature of the taxes, has supreme control over the tariffs, and extensive powers in the administration of colonial domains.
There are few manufacturing industries in Venezuela, and these usually of the parasitic type, created by official favour and protected by high tariffs on imports in competition.
Competitor; and tariffs so maintained are in complete conformity with the principle of free trade.