The Great Power Its Origin Use And Influence a Brief Explanation of the Nece
The Great Power Its Origin Use And Influence a Brief Explanation of the Nece
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In our eReader you can find the full English version of the book. Read The Great Power Its Origin Use And Influence a Brief Explanation of the Nece Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Great Power Its Origin Use And Influence a Brief Explanation of the Nece
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In the mean- time the industries of those peoples, the purchas- iii 112 THE GREAT POWER.
ing powers of whose moneys have not similarly advanced, will gradually forge ahead ; their products will come in competition with those of the United Kingdom, not only in their own countries, but in other markets, and finally in the markets of the United Kingdom itself. The results of this competition can be clearly fore- seen. First, those products of British industry, the preparation of which does not req...uire special skill, peculiar machinery, or very large capitals, will be displaced ; then, as the benumbing influence of an unjust monetary system con- tinues to operate, those other products, the manufacture of which has only been perfected by years of experience, by the accumulation of most valuable machinery, and by the acquisition of especially favourable localities, will also suffer a similar displacement. Industrial progress will be checked in all directions, and whilst other countries who receive a supply of money more suitable to their commercial needs than Great Britain are advancing by leaps and bounds, the United Kingdom will gradually come to a standstill and then drop behind.
What to read after The Great Power Its Origin Use And Influence a Brief Explanation of the Nece?
You can find similar books in the "Read Also" column, or choose other free books by M De P Montagu De Pomeroy Webb to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In the mean- time the industries of those peoples, the purchas- iii 112 THE GREAT POWER.
ing powers of whose moneys have not similarly advanced, will gradually forge ahead ; their products will come in competition with those of the United Kingdom, not only in their own countries, but in other markets, and finally in the markets of the United Kingdom itself. The results of this competition can be clearly fore- seen. First, those products of British industry, the preparation of which does not req...uire special skill, peculiar machinery, or very large capitals, will be displaced ; then, as the benumbing influence of an unjust monetary system con- tinues to operate, those other products, the manufacture of which has only been perfected by years of experience, by the accumulation of most valuable machinery, and by the acquisition of especially favourable localities, will also suffer a similar displacement. Industrial progress will be checked in all directions, and whilst other countries who receive a supply of money more suitable to their commercial needs than Great Britain are advancing by leaps and bounds, the United Kingdom will gradually come to a standstill and then drop behind.
What to read after The Great Power Its Origin Use And Influence a Brief Explanation of the Nece?
You can find similar books in the "Read Also" column, or choose other free books by M De P Montagu De Pomeroy Webb to read onlineMoreLess
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