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A far-seeing manufacturer utilizes periods of slackness to repair his machinery, to re-equip his workshop, and generally to put his factory in order; so that when prosperity comes he will be in as good a position as his keenest competitor to take advantage of the boom. I suggest that the nation ought to follow that wise example, and that this is the time to do so. Let us overhaul our national equipment in all directions—men and material—so as to be ready...to meet any rival on equal or better terms in the markets of the world. (en) |
