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DECENTRALIZATION OF INDUSTRY
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duce; and, let us not make any mistake about it, the mutual hatred of the French and Italian middle classes has no other origin than their industrial rivalry. Spain is also becoming an industrial country; while in the East, Bohemia has suddenly sprung up to importance as a new centre of manufactures, provided with perfected machinery and applying the best scientific methods.

We might also mention Hungary's rapid progress in the main industries, but let us rather take Brazil as an example. Economists sentenced Brazil to cultivate cotton for ever, to export it in its raw state, and to receive cotton-cloth from Europe in exchange. In fact, forty years ago Brazil had only nine wretched little cotton factories with 385 spindles. To-day there are 108 cotton-mills, possessing 715,000 spindles and 26,050 looms, which throw 234 million yards of textiles on the market annually.

Even Mexico is setting about manufacturing cotton-cloth, instead of importing it from Europe. As to the United States they have quite freed themselves from European tutelage, and have triumphally developed their manufacturing powers. But it was India which gave the most striking proof against the specialization of national industry.

We all know the theory: the great European nations need colonies, for colonies send raw material—cotton fibre, unwashed wool, spices.