Page 149 - clra62_0019-(GIPE)
P. 149

RECENT  RATE  OF  MATERIAL PROGRESS  IN  ENGLAND  141
                  The increase of the manufactures of cotton, wool, coal,
                  and iron in Germany and the United States, they wi1l
                  say,  has  in  recent  years  been  greater  in  proportion
                  than in England, which is undoubtedly true.  The ex-
                  planation I  have to suggest, however, is that the com7
                  petition with the leading manufacturing country, which
                  England still is, is naturally in the staple articles where
                  manufacturing has been reduced to a system, the newer
                  and more difficult manufactures and the newer develo~
                  ments of industry generally falling as a rule to the older
                  country.  Even in foreign countries, however, there are
                  signs  of slower  growth  of recent  years  in  the  staple
                  articles  as compared with  the  period  just before.  In
                  Germany, for instance, the production of coal increased
                  between  1860 and 1866 (I  take the years which  I  find
                  avai1abl~ in  Dr.  Neumann Spallart's .. Uebersichten ")
                  from  12,300,000  tons  to  28,200,000,  or  nearly  129
                  per  cent.;  between  1866  and  1876  the  increase  was
                  from  the  figure  stated  to  about  50,000,000,  or about
                  77  per  cent.  only;  between  1876  and  1885,  another
                  period of ten years, from the figure stated to 74,000,000
                  tons, or less  than  50 per cent.-a rapidly diminishing
                  rate of increase.  In the  United States of America the
                  corresponding  figures  for coal are  IS,  22,  50,  and  103
                  million  tons,  showing  a  greater increase  than in  Ger-
                  many, but still a rather less rate of increase since 1876
                  than in the ten years before.  The experience as to the
                  iron production would seem to be different, the increase
                  in the United States and Germany having  been enor-
                  mously  rapid  in  the  last  ten  years;  but  I  have  not
                  been able here to carry the figures far enough back for
                  comparison.  Still  the facts as to coal  in Germany are
                  enough  to  show  how  rapidly  the  rate  of increase  of
                  growth may fall  off when a  point is  reached, and that
                  the experience of the United Kingdom is by no means
                  exceptional.  As the staple articles develop abroad the
                  rate  of increase in such articles will diminish  too, and
                  foreign  industry  in turn  will  become  more and  more
                  miscellaneous.
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