Book Description

Excerpt from South America an Industrial and Commercial Field Situation of the world's commerce to-day - Influences of the last two decades - Aim of German trade - Possibilities of a commercial and industrial war - The results of victory - The industrial situation of Britain to-day - Some gratifying circumstances - The machinery of industrial prosperity - Needs of the future. There comes a time in commerce - which, after all, is part of the life of an overwhelming multitude of men - when the tide of fortune is at the flood. It is needless to paraphrase Shakespeare in order to impress the point. The difficulty with so many men is to distinguish between the flood and the ebb. It is clearly owing to the possession or the lack of this power of judgment that fortunes and reputations are made and lost. It will sound both pompous and unnecessary to explain that it is the lowest ebb which precedes the first swellings of the flood. Yet when this sort of metaphor is applied to a definite case and period, there is some excuse for it. It would decidedly seem that the condition of British trade with South America at the present moment justifies it. No faculty is more dangerous just now than that of the prophetic instinct. 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.