166
Table IV. shows the production of iron
ore in the three principal producing countries.
First, we see plainly the large increase in
production. From 41 million tons in 1890 to
8T7 million tons in 1905. That means a large
increase in world products and in world trade.
Now look at the fluctuations for each
country in Table IV. The United Kingdom
remained nearly stationary during 1890-1905.
But Germany and the United States (especially
latter) made great advances. The total pro
duct of iron ore greatly increased, and our
absence of increase was more than compen
sated by the increases in Germany and in
the United States. This is a notable instance
of compensating fluctuation as between country
and country, accompanied by increase in world
production.
Table V.—The Production of Iron Ore in the Three
Principal Producing Countries, showing each country’s
share of the total produce in the three countries.
Year.
1890
1891
1892
1893
The facts in Table IV. shown as percentages of the total
for each year.
United States.
Per Cent.
39 0
38 5
420
340
Germany.
Per Cent.
27 3
27'7
290
332
United
Kingdom.
Per Cent.
337
338
290
328
Total.
Per Cent.
100
100
100
100