The Popular Science Monthly, Vol. 32

The Popular Science Monthly, Vol. 32 : November, 1887, to April, 1888 (Classic Reprint)

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Excerpt from The Popular Science Monthly, Vol. 32: November, 1887, to April, 1888 In new countries, or countries where industry is confined to the production of a few staple products, like wool, wheat, sugar, etc., a decline in prices exerts a wider and much more disturbing influence than in countries where there is great diversity of industry, and where the sources of income and the opportunities for employment are more numerous and more varied. In the latter all branches of industry are rarely depressed at the same time, and prosperity in some compensates to a certain extent for adversity in others. But, in countries of inferior industrial organization and diversification, the interests of the entire community are so common and united that the tendency is always, for a change of price in one commodity - either rise or fall - to unduly influence the prices of all com modities. And this, according to the London Statist, is what has been particularly noticeable in Australia, where such a sympathy obtains between the three great products of that country - wool, wheat, and copper - that it rarely happens that one of them droops in price without the price of the others rapidly weakening. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.show more

Product details

  • Paperback | 914 pages
  • 152 x 229 x 46mm | 1,197g
  • Forgotten Books
  • United States
  • English
  • , black & white illustrations
  • 024302309X
  • 9780243023097