France is therefore no longer England's tributary. In her turn she has striven to monopolize certain branches of foreign industry, such as silks and ready-made clothes, and has reaped immense profits therefrom; but she is on the point of losing this monopoly for ever, just as England is on the point of losing the monopoly of cotton goods.

Travelling eastwards, industry has reached Germany. Fifty years ago Germany was a tributary of England and France for most manufactured commodities in the higher branches of industry. It is no longer so. In the course of the last fifty years, and especially since the Franco-German war, Germany has completely reorganized her industry. The new factories are stocked with the best machinery; the latest creations of industrial art in cotton goods from Manchester, or in silks from Lyons, etc., are now realized in new German factories. It took two or three generations of workers, at Lyons and Manchester, to construct the modern machinery; but Germany adopted it in its perfected state. Technical schools, adapted to the needs of industry, supply the factories with an army of intelligent workmen—practical engineers, who can work with both hand and brain. German industry starts at the point which was only reached by Manchester and Lyons after fifty years of groping in the dark, of exertion and experiments.

It follows that since Germany manufactures so well at home, she diminishes her imports from France and England year by year. She has not only become their rival in manufactured goods in Asia and in Africa, but also in London and in Paris. Shortsighted people in France may cry out against the Frankfort Treaty; English manufacturers may explain German competition by little differences in railway tariffs; they may linger on the petty side of questions, and neglect great historical facts. But it is none the less certain that the main industries, formerly in the hands of England and France, have progressed eastward, and in Germany they have found a country, young, full of energy, possessing an intelligent middle class, and eager in its turn to enrich itself by foreign trade.

While Germany has freed herself from subjection to France and England, has manufactured her own cotton-cloth, and constructed her own machines—in fact, manufactured all commodities—the main industries have also taken root in Russia, where the development of manufacture is the more instructive as it sprang up but yesterday.

At the time of the abolition of serfdom in 1861, Russia had hardly any factories. Everything needed in the way of machines, rails, railway-engines, fine dress materials, came from the West. Twenty years later she possessed already 85,000 factories, and the value of the goods manufactured in Russia had increased fourfold.

The old machinery was superseded, and now nearly all the steel in use in Russia, three-quarters of the iron, two-thirds of the coal, all railway-engines, railway-carriages, rails, nearly all steamers, are made in Russia.

Russia, destined—so wrote economists—to remain an agricultural territory, has rapidly developed into a manufacturing country. She orders hardly anything from England, and very little from Germany.

Economists hold the customs responsible for these facts, and yet cottons manufactured in Russia are sold at the same price as in London. Capital taking no cognizance of father-lands, German and English capitalists, accompanied by engineers and foremen of their own nationalities, have introduced in Russia and in Poland manufactories whose goods compete in excellence with the best from England. If customs were abolished to-morrow, manufacture would only gain by it. Not long ago the British manufacturers delivered another hard blow to the import of cloth and woolens from the West. They set up in southern and middle Russia immense wool factories, stocked with the most perfect machinery from Bradford, and already now Russia imports only the highest sorts of cloth and woolen fabrics from England, France and Austria. The remainder is fabricated at home, both in factories and as domestic industries.

The main industries not only move eastward, they are spreading also to the southern peninsulas. The Turin Exhibition of 1884 already demonstrated the progress made in Italian manufactured produce; 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 into importance as a new centre of manufactures, provided with perfected machinery and applying the best scientific methods.