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The monopoly of the first comers on the industrial field has ceased to exist. And it will exist no more, whatever may be the spasmodic efforts made to return to a state of things already belonging to the domain of history. New ways, new issues must be looked for: the past has lived, and it will live no more.

Before going farther, let me illustrate the march of industries towards the east by a few figures. And, to begin with, let me take the example of Russia. Not because I know it better, but because Russia is one of the latest comers on the industrial field. Fifty years ago she was considered as the ideal of an agricultural nation, doomed by nature itself to supply other nations with food, and to draw her manufactured goods from the west. So it was, indeed—but it is so no more.

In 1861—the year of the emancipation of the serfs—Russia and Poland had only 14,060 manufactories, which produced every year the value of 296,000,000 roubles (about £36,000,000). Twenty years later the number of establishments rose to 35,160, and their yearly production became nearly four times the above, i.e., 1,305,000,000 roubles (about £131,000,000); and in 1894, although the census left the smaller manufactures and all the industries which pay excise duties (sugar, spirits, matches) out of account, the aggregate production in the Empire reached already 1,759,000,000 roubles, i.e., £180,000,000. The most noteworthy feature of this increase is, that while the number of workmen employed in the manufactures has not even doubled since 1861 (it attained 1,555,000 in 1894, and 1,902,750 in 1910), the production per workman has more than trebled in the leading industries. The average was less than £70 per annum in 1861; it reaches now £219. The increase of production is thus chiefly due to the improvement of machinery.ssss1