Show what machinery la Is doing one of the astonishing facts in t the he field of industry is the marvelous power of machinery operated by hand in the cotton trade in 1850 the avera average product of every employed was something less than while thirty years later he was able to produce a value 0 of f 1200 notwithstanding the reduced reduce d price of cotton coafon in the woolen factory the change was much the same the hand of each worker being able as lo 10 long ng ago as 1850 to make over 1200 of product andl and in 1880 about 1800 the proportion P of material consumed by improved machinery being about the same hame low how mush much the world is indebted to invention cannot be stated in tangible form says the journal of finance but with the strength of man remaining the samo sama and the skill of the present artisan though showing some advances still not distancing that of the ancient egyptian the vast increase of human resources is due mainly to the influence of invention in discovering ways in which machines can do the work of men the competition is no longer a competition of skill of labor but th that at of invention and in america we are far in advance of any other nation in this respect A man who fifty years ago could turn out ont a value equal to a scant wage now at fairly good wages is able to bring into being four or five or six eix times the value |