...admirably a few weeks ago in speaking to a Scotch audience. He said: "America now makes more steel tlian all the rest of the world. In iron and coal her production...her manufactures is about triple that of your own [England's]. Her exports are greater and the clearing house exchanges at New York are almost double...

...causes specified have already changed the A2 9 positions of Britain and America as Industrial Powers. America now makes more steel than all the rest of the world. In iron and coal, her production is the greatest, as it is in textiles — wool and silk. She produces three-fourths of the cotton grown...