Excerpt from The Industrial Classes, and Industrial Statistics
Wrm the exception of staple industries, such as coal-mining and the iron trade, we may safely say that in the textile manufactures the prosperity of Great Britain is bound up, more than any other. Whether we consider them from a numerical point of view, as regards the number of persons who are directly or indirectly engaged in them, the enormous amount of capital embarked in them, the huge financial operations of which they form the lever, the many subsidiary trades which have sprung from them, the extent of country which is dependent upon them, or the vast ramifications of international trade and com merce which exist throughout the civilized and nu civilized world through their influence, they are worthy of the deepest regard and study, and astonish, the more they are examined.
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