| Show GROWTH OF CAPITAL to tito imah ns ly pow erful influences it hii accelerating the of available capital earn camo into operation by the middle middie of the century pays hays clia Cli arlen I 1 em A I 1 conant in the november ber atlantic tb the full organization of credit and the d I 1 I 1 lOpI nent of production on tile alio oil hand inachin products ho 0 I 1 in treamor pd ilia liluer vt ut the lie indeli 1 I 1 I 1 7 arm r that IC mere ere kinder the old kOa of 0 hand labor ili the e capacity uri y to fur choln many ll 11 u an I 1 nal at windoil i the ne new conditions ron dUlun nr ma ilia t blue production hut but these jn in ho eirls birly years year had liln lain bills lit ID cold bloc kings alad abid bureau di deavers avers they were largely mado jn gold or silver from active use without 11 Inter terest eRt ft part ot of the capital produced by bv arduous labor tn lit the mines cut but the banks or of angland and fiance v had stood almost alone donn to esuo acre are schist that lime imitated all over ever I 1 r 4 belgium ass mss cowered dowered do word iab velh it ft r it u bank banks b inas sprank sprang up in spain aln in fit italy fitly in the little states ot of erland and ami sk all aver nver germany I 1 A valle hile in III england J and brunce the gi ME monopoly banks of oc ls lauc ue the granth Rr ottili of potent chals in the joint stock bandini and lh ill credit I 1 I 1 sl Aings isaich under earlier conditions I 1 had lit lain idle until perhaps an amount j auri to their entire value was wa vw con i barnedin bur in I 1 ino he in I 1 eret lout became un lilt lr dor the ih now fl elsm sm anjil snelling ablo able for far increasing the of PrOduct im anti and exchange nt at home and lisp runt fund to be t loaned to new countries countr tta for the creation callon cr of rall mavs conor cortni inilla and public colka TO put loss into the th increased potency of oc n given unit of oc paved capital under elie new system anti and then to multiply tills by the constantly atil silly accelerating emings al naB Is in hardly within tile the limit llulia of if human opacity lut but it 14 1 obvious that the slow lations m aich had gone on in hi early coil cf more now in it a geometrical ratio as the increased sav 1119 1 or if ono one year went to develon the capacity for tavin bivin by the increase Inci caBe of machine plant and feann of continual 1 cation in III the years yeam stitch fol followed lomed |
