The Independent Volume 73

The Independent Volume 73

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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. 1912 edition. Excerpt: ...her. She can handle a needle as well as a forty-foot gun, and when she married a few years ago she made the whole of the trousseau herself. The pension and insurance system devised by Alfred Krupp for his own employees was adopted by Bismarck, and is now universal and compulsory thruout the empire. This is only one of many instances where the Krupps and the Kaisers worked hand in hand to the advantage of the country. It is funny to see how Germany violates the laws of political economy with impunity, nay even with prosperity. What in this country is regarded as improper and to be done, if at all, on the sly, is in Germany done openly and as a matter of good policy. If it leaks out that American typewriters or reapers are being sold in England cheaper than here it is held up as a proof that' the tariff in this case ought to be removed or lowered. But a German manufacturer goes to the Government and says: "If you will put a duty on this we will sell it in England so much cheaper than in Germany," and if the Government finds it can be done tin goes the tariff. Great Britain was forced to abandon her free trade principles in the matter of sugar because the German Government paid so high a bounty on beet sugar that it knocked out the cne sugar grown cheaper in the British West Indies. We Americans believe it is necessarv to have free competition, especially in the case of limited natural resources, such as petroleum. The Germans go on the opposite principle, and believing that free competition is injurious, they encourage combination. When the potash producers of Stassfnrt had a faMing out and to cut prices on the salt?--nn indipensiblc fertilizer, of which this is the only extensive deposit--the Government slept in more

Product details

  • Paperback | 986 pages
  • 189 x 246 x 49mm | 1,724g
  • United States
  • English
  • black & white illustrations
  • 1236753216
  • 9781236753212