every unprejudiced mind, the conclusion is self-evident. Industries of all kinds decentralise and are scattered all over the globe; and everywhere a variety, an integrated variety, of trades grows, instead of specialisation. Such are the prominent features of the times we live in. Each nation becomes in its turn a manufacturing nation; and the time is not far off when each nation of Europe, as well as the United States, and even the most backward nations of Asia and America, will themselves manufacture nearly everything they are in need of. Wars and several accidental causes may check for some time the scattering of industries: they will not stop it; it is unavoidable. For each new-comer the first steps only are difficult. But, as soon as any industry has taken firm root, it calls into existence hundreds of other trades; and as soon as the first steps have been made, and the first obstacles have been overcome, the industrial growth goes on at an accelerated rate.
The fact is so well felt, if not understood, that the race for colonies has become the distinctive feature of the last twenty years. Each nation will have her own colonies. But colonies will not help. There is not a second India in the world, and the old conditions will be repeated no more. Nay, some of the British colonies already threaten to become serious competitors with their mother country; others, like Australia, will not fail to follow the same lines. As to the yet neutral markets, China will never be a serious customer to Europe: she can produce much cheaper at home; and when she begins to feel a need for goods of European patterns, she will produce them herself. Woe to Europe, if on the day that the steam engine invades China she is still relying on foreign customers! As to the African half-savages, their misery is no foundation for the well-being of a civilised nation.
Progress must be looked for in another direction. It is in producing for home use. The customers for the Lancashire cottons and the Sheffield cutlery, the Lyons silks and the Hungarian flour-mills, are not in India, nor in Africa. The true consumers of the produce of our factories must