State Aid And State Interference Illustrated By Results in Commerce And Industr
State Aid And State Interference Illustrated By Results in Commerce And Industr
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The city of Ballarat survived and continued to thrive as the great centre of the investment of capital in mining, which had super- seded 'digging. ' Quartz reefs had to be attacked instead of alluvial plains, and this change involved investment of more capital : powerful engines, colossal stamping machinery, and miles of tunnelled galleries and shafts had become necessary, and gold mining needed and absorbed a far greater amount of capital than in the old days when picks and shovels and wooden ...cradles were all the plant and imple- ments requisite. Much of the very capital that the rich gold ' diggings ' had yielded was at once in- vested in these new works. But there remained over much capital so accumulated which was not thus utilised, and which was there ready to start or promote any new industries.
Labour, too, was set free. In 1871 there were over 57, 0U0 gold-miners in Victoria, By the year 1878 the number had dwindled to 37, 000. This had set free in Victoria some 20, 000 men of the artisan and 120 State Aid and State Interference.
What to read after State Aid And State Interference Illustrated By Results in Commerce And Industr?
You can find similar books in the "Read Also" column, or choose other free books by George Smyth Baden Powell to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The city of Ballarat survived and continued to thrive as the great centre of the investment of capital in mining, which had super- seded 'digging. ' Quartz reefs had to be attacked instead of alluvial plains, and this change involved investment of more capital : powerful engines, colossal stamping machinery, and miles of tunnelled galleries and shafts had become necessary, and gold mining needed and absorbed a far greater amount of capital than in the old days when picks and shovels and wooden ...cradles were all the plant and imple- ments requisite. Much of the very capital that the rich gold ' diggings ' had yielded was at once in- vested in these new works. But there remained over much capital so accumulated which was not thus utilised, and which was there ready to start or promote any new industries.
Labour, too, was set free. In 1871 there were over 57, 0U0 gold-miners in Victoria, By the year 1878 the number had dwindled to 37, 000. This had set free in Victoria some 20, 000 men of the artisan and 120 State Aid and State Interference.
What to read after State Aid And State Interference Illustrated By Results in Commerce And Industr?
You can find similar books in the "Read Also" column, or choose other free books by George Smyth Baden Powell to read onlineMoreLess
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