Petr Alekseevich Kropotkin: “In this adaptability lies the real force of American competition.”

At Oyonnax, a small town on the Ain, we have a big centre for the fabrication of combs, an industry more than 200 years old, which took a new development since the last war through the invention of celluloid.

The small industries are as much a distinctive feature of the British industry as its few immense factories and ironworks.

It is time to conclude, and, for every unprejudiced mind, the conclusion is self-evident.

The figures show, on the contrary, what an immense number of small factories and workshops resist the absorption by the big factories, and how they multiply by the side of the great industry in various branches, especially those of recent…