Items related to Wall Street and the Country; A Study of Recent Financial...
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 edition. Excerpt: ... iv the economic progress of the nine, teenth century A More striking growth in wealth and in the material comforts of civilization was witnessed by the nineteenth century than by any preceding century in the history of the world. This statement can be made without qualification, because of the new power brought to the aid of the human hand by machine production. The application of steam power and electricity to manufacturing and transportation has revolutionized the organization of industry, brought together distant parts of the world, and so increased the producing power of the individual arm, that the food supply, clothing, and shelter required by the community are now produced by a small portion of its members, and a larger proportion than ever before are released from these employments for the higher ones of luxury, literature, art, and ministry to the finest tastes. The changes in methods of business, in wealth, and in the general economic conditions, which have been thus brought about, are revealed chiefly through the creation of mills and factories, through the increase in their output, through the enlarged equipment for carrying this output by rail and steamship to all parts of the world, and through the great volume of commerce, banking credits, and saved capital among every civilized people. These changes in methods of production and exchange have caused not merely changes in the volume of things produced and in the rapidity of their exchange, but have tended by nearly wiping out the costs of transportation, to reduce competition in the staple articles of agriculture and manufacture to the character of competition in a single world market, where prices and conditions affecting supply and demand are brought to a focus by the q
"synopsis" may belong to another edition of this title.
About the Author:
Charles Arthur Conant (July 1861-July 1915) was an American author and journalist who specialized in banking and finance. Originally from Massachusetts, Conant spent time working in New York as well as traveling to the Philippines and Cuba to do research on coinage and banking. His legacy largely consists of articles published about American and Latin-American finance and trade.
"About this title" may belong to another edition of this title.
- PublisherTheClassics.us
- Publication date2013
- ISBN 10 1230280537
- ISBN 13 9781230280530
- BindingPaperback
- Number of pages38
(No Available Copies)
Search Books: Create a WantIf you know the book but cannot find it on AbeBooks, we can automatically search for it on your behalf as new inventory is added. If it is added to AbeBooks by one of our member booksellers, we will notify you!
Create a Want