South America an Industrial and Commercial Field (Classic Reprint) - Hardcover

W. H. Koebel

9780483727076: South America an Industrial and Commercial Field (Classic Reprint)

Hardcover

ISBN 10: 0483727075 ISBN 13: 9780483727076

Publisher: Forgotten Books, 2020

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Excerpt from South America an Industrial and Commercial Field

Situation of the world's commerce to-day - Influences of the last two decades - Aim of German trade - Possibilities of a commercial and industrial war - The results of victory - The industrial situation of Britain to-day - Some gratifying circumstances - The machinery of industrial prosperity - Needs of the future.

There comes a time in commerce - which, after all, is part of the life of an overwhelming multitude of men - when the tide of fortune is at the flood. It is needless to paraphrase Shakespeare in order to impress the point. The difficulty with so many men is to distinguish between the flood and the ebb. It is clearly owing to the possession or the lack of this power of judgment that fortunes and reputations are made and lost.

It will sound both pompous and unnecessary to explain that it is the lowest ebb which precedes the first swellings of the flood. Yet when this sort of metaphor is applied to a definite case and period, there is some excuse for it. It would decidedly seem that the condition of British trade with South America at the present moment justifies it.

No faculty is more dangerous just now than that of the prophetic instinct.

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