Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: May 1, 2025
I am not prepared to say that in any given line English manufacturers are overstraining the capacity of their plants to the sacrifice of the quality of their goods in their effort to keep pace with American rate of production; but I do most earnestly believe that something analogous to it is happening in the commercial field as a whole, and that neither English commercial morality nor the quality of English-made goods has been improved by the necessity of meeting the intense competition of the world-markets to-day, with an industrial organisation which grew up under other and more leisurely conditions.
The depth of Serb aspirations in Bosnia has two obvious grounds on the one hand, pure national sentiment of the best kind; on the other, the urgent economic need for a seaboard, Serbia being the only inland country in Europe save Switzerland, and not enjoying the latter's favoured position in the immediate vicinity of great world-markets.
It is impossible to do more trade with the consumer. The main coal business is with the factory and the ship, and these compete in world-markets for their own business. All want to keep the cost of production low in order to compete with the countries of low exchange. The European exchange is proving to be the most vital matter for English trade.
It was even worse than in fifty-nine when a similar edict had been lifted and had caused the world-markets wreck and ruin. But there had been war then. The clock on the wall ticked and ticked in the unbroken silence. Finally Ole asked: "Are you sure the wire is authentic?" "It is authentic enough, I fancy," said Tidemand.
Let us remember that wars for world-markets are made for the benefit of the merchant class and not for the benefit of the mass-people, and that in this respect England has been as much to blame as Germany or any other nation nay, pretty obviously more so.
Word Of The Day
Others Looking