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• Ol 
I 15 
S V 
v 
merce 
and conj 
sums o 
coffers 
goods r 
large, 
taring 
wider 
able to 
drove < 
him in 
expande 
(roods 
money 
kept wr 
buying 
onized. 
soon it 
own nei 
laws, 
threw ( 
that it 
merce. 3 
United 
assimih 
some tii 
But aft< 
s Karl M 
»A. M. 1 
P|s|sp 
=:rial revolution 135 
nd the forcible administration 
iffairs served to drain fabulous 
her industries into the private 
rough the amount of European 
s e Orient was not comparatively 
imercial relations of manufac- 
extended and the field for a 
to open. The big corporation, 
lachinery with its larger funds, 
5 . producer. It could undersell 
At the same time the market 
corporation followed it up. 2 
ened that as long as people had 
, the large demand for goods 
ty well and thus increased the 
"ie workers. America was col- 
power helped the market; but 
ly began to manufacture for its 
export, in spite of restrictive 
tired of foreign made laws, it 
_tnce to England, primarily, so 
il its own industry and corn- 
spreading of population in the 
the millions of people who were 
buying power increased, it took 
t the demand for commodities. 
’ inevitable happened. Surplus 
the workers could not buy back 
. ter XV. 
.ggles in America, pp. 17-18.