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...adjustment of the population, industrially and agriculturally, financial cooperation within the Empire. General Jan Smuts, Premier of the Union of South Africa, basing his speech on the necessity of providing for the American debt, urged that Africa be developed, stating that it was capable of supplying all the raw materials necessary to the Empire...

Author: /time Magazine | Title: Foreign Affairs: Imperial Conference | 10/15/1923 | See Source »

...unfilled orders of the U. S. Steel Co. have long been considered by economists as a reliable index to the trend of business, for reason that iron and steel are the most fundamental raw materials and that the U. S. Steel Co. is the largest unit in the industry...

Author: /time Magazine | Title: Business & Finance: Steel's Unfilled Orders | 9/24/1923 | See Source »

...ordinary business cycle, it is the raw material manufacturers that first feel an oncoming decline in prosperity, next the manufacturers of finished goods, then the wholesale and retail merchants, finally the consuming public and its landlords. Thus far the first-named class has been acquainted with declining activity; now the manufacturers of finished goods are about to feel it; next Spring, if not before, the mercantile world should be reached...

Author: /time Magazine | Title: Business & Finance: Business: The Current Situation: Sep. 24, 1923 | 9/24/1923 | See Source »

...Japan was for the most part out of the zone devastated by the earthquake, about 25% of the silk-reeling plants of the country were reported as ruined, along with large stocks of silk burned in Tokyo and Yokohama. The industry in consequence faces a shortage of the raw material, accompanied ly uncertain prices on high levels...

Author: /time Magazine | Title: Artificial Silk | 9/24/1923 | See Source »

Over the past decade, the Southern cotton mills have grown rapidly in proportion to the older New England industry. Under existing conditions many advantages to the South lay in this steadily growing competition. The Southern mills were nearer the raw material; cheaper and more tractable mill sites and more American labor are to be had there, too. In addition, the laxer laws as to child labor, which is a large factor in the low-grade spinning industry especially, are more lax South than North of the Mason and Dixon line...

Author: /time Magazine | Title: Business & Finance: South vs. New England | 9/17/1923 | See Source »

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