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Subject Area: Economics
Subject Area: Political Theory
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CHAMBER OF COMMERCE. - John Joseph Lalor, Cyclopaedia of Political Science, Political Economy, and of the Political History of the United States, vol. 1 Abdication-Duty [1881]

Edition used:

Cyclopaedia of Political Science, Political Economy, and of the Political History of the United States by the best American and European Authors, ed. John J. Lalor (New York: Maynard, Merrill, & Co., 1899). Vol 1 Abdication-Duty.

Part of: Cyclopaedia of Political Science, Political Economy, and of the Political History of the United States, 3 vols.

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CHAMBER OF COMMERCE.

CHAMBER OF COMMERCE. Mr. M'Culloch, the English economist, thus defines a chamber of commerce: "An assembly of merchants and traders where affairs relating to trade are treated of," and Bouvier in his "Law Dictionary" as follows: "A society of the principal merchants and traders who meet to promote the general commerce of the place." There are several establishments of this kind in France. In the United States, the term, "Chamber of Commerce," or "Board of Trade," is frequently applied to an institution which would be more appropriately called "Exchange" or "'Change." The economic utility of these institutions will be treated of in the article EXCHANGE, which see.

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