In 1861 — the year of the emancipation of the serfs — Russia and Poland had only 14,060 manufactories, which produced every year the value of 296,000,000 roubles (about £36,000,000). Twenty years later the number of establishments rose to 35,160, and their yearly production became nearly four times the above, i.e.,1,305,000,000 roubles (about £131,000,000); and in 1894, although the census left the smaller manufactures and all the industries which pay excise duties (sugar, spirits, matches) out of account, the aggregate production in the Empire reached already 1,759,000,000 roubles, i.e., £180,000,000. The most noteworthy feature of this increase is, that while the number of workmen employed in the manufactures has not even doubled since 1861 (it attained 1,555,000 in 1894, and 1,902,750 in 1910), the production per workman has more than trebled in the leading industries. The average was less than £70 per annum in 1861; it reaches now £219. The increase of production is thus chiefly due to the improvement of machinery.3
If we take, however, separate branches, and especially the textile industries and the machinery works, the progress appears still more striking. Thus, if we consider the eighteen years which preceded 1879 (when the import duties were increased by nearly 30 per cent. and a protective policy was definitely adopted), we find that even without protective duties the bulk of production in cottons increased three times, while the number of workers employed in that industry rose by only 26 per cent. The yearly production of each worker had thus grown from £45 to £117. During the next nine years (1880–1889) the yearly returns were more than doubled, attaining the respectable figure of £49,000,000 in money and 3,200,000 cwts. in bulk. Since that time, from 1890 to