Ewing Galloway 
Fic. 180. A shipload of sugar from American refineries being unloaded by 
lichters at a2 modern pier in Naples. 
CHAPTER TWENTY-THREE 
FOREIGN COUNTRIES AND WORLD MARKETS 
ENTERPRISING nations and enterprising individuals seek to extend their 
markets. Both the government and the business men work to this 
ond. With greater sales not only is the total profit greater, but the 
profit on each piece of goods increases. For instance, if a Chicago 
firm can manufacture 500,000 cakes of soap at four cents apiece, it 
may be able to make 5,000,000 cakes at two cents apiece. In that 
case the company would make more by selling the second lot for two 
and a half cents a cake than by selling the first lot at five cents. 
So it is in the manufacture of steel rails, shoes, automobiles, pen- 
cils, and other articles. Manufacturers therefore strive to increase 
their output, and to extend their market even if this takes them into 
foreign countries. Those who do this have had to find out through 
years of endeavor which countries want their goods, and which offer 
them no market. 
y 2d