[The Audacious War by Clarence W. Barron]@TWC D-Link bookThe Audacious War CHAPTER XI 9/10
The company receiving this order had to work so quickly to install new machinery that old buildings were dynamited to clear the land. Such orders to America are bound to tell upon our exports, and, combined with the advance in food-stuffs, the loss in cotton values by the outbreak of the war is offset more than twice over. America must feel the effect of these orders when the goods go forward in increasing quantities.
They are paid for as promptly as shipped. Many an American factory has been put on three eight-hour shifts for the day's work on these orders. A Southern manufacturer received an order for 5000 dozen pairs of socks to be shipped weekly for six months.
The price was under $1.00 per dozen, with ten per cent of wool in them.
He complained that he was making only twenty cents per dozen profit, while if he had not been so anxious for the order, he might just as well have got a price that would have shown more than twice this profit. In boots and shoes, England, instead of giving orders to this country, has been buying leather in America, and filling all her own factories. It is the policy of England to fill every workshop in her tight little island before she permits business to overflow. To-day there are no unemployed in Great Britain, except in the cotton districts dependent upon German trade.
Wage advances and overtime are the rule rather than the exception.
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