The American Commercial Invasion of Europe

Cover The American Commercial Invasion of Europe
The American Commercial Invasion of Europe
Frank a Frank Arthur Vanderlip
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There are already notable illustrations of success in exactly that sort of thing, and there are promises of many more successes to come. Our great electrical companies have established works in England, France, Germany, and Russia. There are tool-works in Ger- many equipped with complete sets of American models, Amer- ican machines, and Yankee foremen. Important portions of London interurban transportation systems have come into American hands and are feeling the vivifying intluence of American... ideas. The electric street-railroads and lighting- plant;:, in a number of important cities of France are controlled by American interests, and the transportation system of Paris itsel. ' is a field which is tempting close investigation on behalf of American capital.
Some attention has heretofore been drawn to the extraor- dinary balance in America's favor which the last half-dozen years of foreign trade has built up. The settlement by Europe of "COMMERCIAL INX'ASION " OF F-TROin-: 39 these annual trade balances is a piobleni which has been out- lined, and attention has been called to the opinion of many European and not a few American financiers that ultimately the settlement of this trade balance must be etVecled by America investing in European interests ami securities.


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