Many flourishing cities in South Africa, Australia, and America have grown up around the sites where the first gold-seekers pegged out their claims in unexploited territories and began digging for the precious metal.

The history of the successive discovery, commixture, and applications of the metals, from copper and bronze down to manganese, platinum, and aluminium, or of the successive discovery and utilisation of sources of power—the natural sources, such as water and wind, the artificially procured, such as steam, gas, and electricity—or of the production and manufacture of materials available for clothing, wool, hair, linen, silk, cotton, would show how every step becomes the basis for another step, and how inventions in one department suggest or facilitate inventions in another. Recent discoveries in surgery and medicine, such as the use of antiseptics, tend to improve health and to prolong life; and in doing so, they increase the chances of further discoveries being made.

The Prolonging of Life

Who can tell what the world may have lost by the early death of many a man of genius? One peculiar line of discovery which at first seemed to have nothing to do with practice has proved to be of signal service; the working out of mathematical methods of calculation by means of which the mechanical and physical sciences have in recent times made a progress in their practical application undreamt of by those who laid the foundations of geometry and algebra many centuries ago. It may, indeed, be said that all the sciences need one another, and that none has been without its utilities for practice, since even that which deals with the heavenly bodies has been used for the computation of time, was used by the agriculturist before he had any calendars to guide him, and has been of supreme value to the navigator. It has also been suggested that an observation of sun spots may enable the advent of specially hot seasons, involving droughts, to be predicted.

Another kind of knowledge also grows by the joint efforts of many peoples, that which records the condition of men in the past and the present, including history, economics, statistics, and the other so-called social sciences. This kind also is useful for practice, and has led to improvements by which nearly all nations have profited, such as an undebased currency, banking and insurance, better systems of taxation, corporations, and joint stock companies. With this we may couple the invention of improved political institutions.

The accumulation of knowledge, especially of scientific knowledge applied to the exploitation of the resources of Nature, means the accumulation of wealth—that is to say, of all the things which men need or use. The total wealth of the world must have at least quadrupled or quintupled within the last hundred years. Nearly all of it is in the hands or under the control of the civilised nations of European stock, among whom the United States stands foremost, both in rate of economic growth and in the absolute quantity of values possessed.

Knowledge Means Wealth

Two further observations belong to this part of the subject. One is that this stock of useful knowledge, the accumulation of which is the central fact of the material progress as well as of the intellectual history of mankind, now belongs to (practically) all races and states alike. Some, as we shall note presently, are more able to use it than others, but all have access to it. This is a new fact. It is true that most races have contributed something to the common stock; and that even among the civilised peoples, no one or two or three (except possibly the Greeks as respects ancient times) can claim to have contributed much more than the others. But in earlier ages there were peoples or groups of peoples who were for a time the sole possessors of inventions which gave them great advantages, especially for war. Superior weapons as well as superior drill enabled Alexander the Great, and afterward the Romans, to conquer most of the civilised world. Horses and firearms, with courage and discipline, enabled two Spanish adventurers to seize two ancient American empires with very scanty forces, as they enabled a handful of Dutch Boers to overcome the hosts of Mosilikatze and Dingaan. So there were formerly industrial arts known to or practised by a few peoples only. But now all inventions, even those relating to war, are available even to the more backward races, if they can learn how to use them or can hire white men to do so for them. The facilities of communication are so great, the means of publicity so abundant, that everything becomes speedily known everywhere.

Inventions are now Universal

The other observation is that there is now no risk that any valuable piece of knowledge will be lost. Every public event that happens, as well as every fact of scientific consequence, is put on record, and that not on a single stone or in a few manuscripts, but in books, of which so many copies exist that even the perishable nature of the material will not involve the loss of the contents, since, if these contents are valuable, they will be transferred to and issued in other books, and so ad infinitum. Thus every process of manufacture is known to so many persons that while it continues to be serviceable it is sure to be familiar and transmitted from generation to generation by practice as well as by description. We must imagine a world totally different from the world we know in order to imagine the possibility of any diminution, indeed of any discontinuance of the increase, of this stock of knowledge which the world has been acquiring, and which is not only knowledge but potential wealth.