of those of Great Britain, and two-thirds of them are textiles; while her imports of the same consist chiefly of the finer sorts of cotton and woollen yarn — partly reexported as stuffs — and a small quantity of woollen goods. For her own consumption France shows a decided tendency towards becoming entirely a self-supporting country, and for the sale of her manufactured goods she is tending to rely, not on her colonies, but especially on her own wealthy home market.2
Germany follows the same lines. During the last fifty years, and especially since the last war, her industry has undergone a thorough reorganisation. Her population having rapidly increased from forty to sixty million, this increment went entirely to increase the urban population — without taking hands from agriculture — and in the cities it went to increase the population engaged in industry. Her industrial machinery has been thoroughly improved, and her new-born manufactures are supplied now with a machinery which mostly represents the last word of technical progress. She has plenty of workmen and technologists endowed with a superior technical and scientific education; and in an army of learned chemists, physicists and engineers her industry has a most powerful and intelligent aid, both for directly improving it and for spreading in the country serious scientific and technical knowledge. As a whole, Germany offers now the spectacle of a nation in a period of Aufschwung, of a sudden development, with all the forces of a new start in every domain of life. Fifty years ago she was a customer to England. Now she is already a competitor in the European and Asiatic markets, and at the present speedy rate of growth of her industries, her competition will soon be felt even more acutely than it is already felt.
At the same time the wave of industrial production, after having had its origin in the north-west of Europe, spreads towards the east and, south-east, always covering a wider circle. And, in proportion as it advances east, and penetrates into younger countries, it implants there all the improvements due to a century of mechanical and chemical inventions;