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AMERICAN MANUFACTURES.

Prodticts off the T T nfted Stntem Amonnf to More Thnn One-Third of the Worl«l's Output. Prof. R. H. Thurston, of Cornell university, shows in Century that America produces more than one-third of the manufactured R'oods of the whole world. "The result of all this progress in the art of steelmaking is, mainly at least, that we are now making- onethird of the manufactured products of the whole world. Tn an increasing number of directions we are not only supplying the demands of our own market, but we are sending out large quantities of important manufactures to meet the requirements of the less favored people of other countries, and are exchanging with them with mutual advantage, giving what they cannot so well make, and taking what we cannot readily provide. The statistics indicate that the world is producing about $40,000,000,000 worth of manufactured products, of which the United States makes about $15,000,000,000 worth. The proportion assigned to Great Britain in the last quarter of a century has fallen off from about 45 per cent, to 36, and that of the United States has risen to the above figures from about 15 per cent. We furnish about one-fifth of the wheat of the world, oue-fii'th of the gold produced, one-third of the silver. We have 25 times as much steel rail under our trains as Great Britain, and eight or ten times as much as Germany—about as much, in fact, as all the world besides. Our population grows over 20 per cent, in a decade, and its wealth still more rapidly, Of steel nails alone, Sir Henry Bewemsr's most humble' product, though hie highest pride, wa export 26,000,000 pounds annually, and at only two cents a pound, whereas in his day the price was ten cents, and much more in the first days of their bitroductiom We Bend hundreds of thousands of typewriters to all foreign countries! We export aboiit $20,000,000 in trade to South Afritfd, about $R,000,000 metal, Germany also buys otrr locomotives, $2,000,000 worth of other machinery, and as much more in railway and other supplies in metal. Germany also buys our locomotives and all kinds of machinery and mechanism. The English in Egypt bought an American bridge at a lower price than was bid in England, and it. wns delivered in a fraction of the time required by the English manufacturers;' and American machinery constitutes the main element in the operation of the elecLric railway of the London unIt'ground roads "

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https://paperspast.natlib.govt.nz/newspapers/AHCOG19091006.2.8

Bibliographic details

Alexandra Herald and Central Otago Gazette, Issue 696, 6 October 1909, Page 3

Word Count
414

AMERICAN MANUFACTURES. Alexandra Herald and Central Otago Gazette, Issue 696, 6 October 1909, Page 3

AMERICAN MANUFACTURES. Alexandra Herald and Central Otago Gazette, Issue 696, 6 October 1909, Page 3