The consumption of tea and sugar, already large in Persia, is certain to increase in the North through this development of Russian trade.

French beet-sugar continues to compete by way of Trebizond to Tabriz, but if the experiment now being tried of manufacturing sugar in the vicinity of Tehran from beet succeeds, the Persians will benefit further by competition.
The Russian trade in Persia is mostly in the hands of Armenians, some of whom have amassed considerable wealth.

It is only in the West that the Jew is regarded as the sample of superior sharpness in the walks of life that call for the exercise of the qualities most necessary in the operation of getting the better of one's neighbour.

In the East both the Greek and the Armenian are ahead of him in this respect, and the popular saying is, 'One Greek equals two Jews, and one Armenian equals two Greeks.' But, to the credit of the Armenian traders, it should be said that they are bold and enterprising in a newly-opened country, as well as clever in an old one.

It may be here mentioned that there is no opening in Persia for the native Jew; he is there refused the facilities which lead to wealth, and is strictly confined to the poorest occupations.