Wall Street And the Country : a Study of Recent Financial Tendencies
The book Wall Street And the Country : a Study of Recent Financial Tendencies was written by author Conant, Charles A. (Charles Arthur), 1861-1915 Here you can read free online of Wall Street And the Country : a Study of Recent Financial Tendencies book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Wall Street And the Country : a Study of Recent Financial Tendencies a good or bad book?
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This splendid equipment has been in operation for so brief a period that its full capacity has only begun to be tested, but already its powers have been demon- strated by a greatly increased manufac- tured product, an enlarged volume of trade between nations, and new standards of comfort for the masses of men. The aggregates of the world's commerce, al- ready presented, almost fail of their proper impression by their very magnitude. It will be well, therefore, to set forth a little more in deta...il the progress of the closing decades of the nineteenth century. From 1870 to 1900, the wealth of the United States rose from $30,068,518,507 to $94,300,000,000 — an increase of more than 200 per cent in a generation, while population advanced only half as rapidly — from 38,558,371 to 76,303,387. The ratio of wealth per capita, therefore, rose Recent Economic Progress 159 from $779.82 in 1870 to $1235 in 1900. Exports of American merchandise kept pace with the growth of wealth, and ex- ports of manufactured articles rose with phenomenal rapidity, when American prices were brought down to the level of those of the world after the panic of 1893.
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