Show what machinery Is doing doln one of the astonishing facts in the field of indu industry is the marvelous marvelo us power of maciI machinery neU operated by hand band in the cotton trade in 1859 1850 the average product of every employed was something less than while thirty years later lie was ivas able to produce a value of 1200 1 1 notwithstanding the reduced price of cotton in the woolen factory the change was much the sai nethe same the hand of each worker being za able as a long i ago as 1850 to make maice over 1200 of product and in 1880 about 1800 the proportion of material consumed by improved machinery being about the same rov how 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 same and the skill of the present artisan though showing some soine advances still not distancing that of the ancient egyptian the vast increase increase of human sources resources re is due clue mainly to the influence of invention in ills discovering covering ways in which machines can do the work of men the competition ib 6 no longer a competition of skill of labor but that of invention and in Ain america crien we ive are far in advance of any other nation in this respect resi A man who fifty yinru ago could turn out a value equal to a scant wage wag r e now at fairly good wages r is able to bring into being four or five or six times the alie value |