Industrial Depressions: Their Causes Analysed and Classified With a Practical Remedy for Such as Result, From Industrial Derangements or Iron the Barometer of Trade (Classic Reprint) - Tapa dura

Excerpt from Industrial Depressions: Their Causes Analysed and Classified With a Practical Remedy for Such as Result, From Industrial Derangements or Iron the Barometer of Trade

Each new occupation of mankind that has brought large increase to his rate of wealth producing has, in time, developed some malady which has retarded its effectiveness, until he has discovered the nature of the disorder and acquired skill in overcoming or abating its ravages.

In the great economic revolution which in a half century has enabled the iron-producing nations to increase the products of their manufacturing and mechanical industries tenfold, a new malady, known as Industrial Depression, has developed and grown to serious proportions.

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