NATIONAL IDEALS IN IRON TRADE 129 



American mochanieal j:^onius and cheap stool will not only 

 raise the standards of comfort, but will multiply the wants of 

 civilized mankind, which consumes more iron per head of 

 population year by year. But in seeking to create and sustain 

 an export trade in steel, America will find Bol2;ium and Clor- 

 many her most formidable competitors — particularly Ger- 

 many, whose manufacturers thoroughly understand the art 

 of combination to insure immunity from external competition. 

 During the past ten years there has been a striking increase in 

 the number of factories throughout Germany, which are boldly 

 conceived, well planned, and fitted and intended to last. 



American competition will be more successful in British 

 colonies, dependencies, and in neutral markets generally than 

 in Great Britain itself, where it will act as a health producing 

 tonic that England has wanted for many a day. 



Vol. 6-l» 



