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ernational trade. Cotton is here considered peculiar in that it is the only crop of importance, all of which is sold by those who produce it. It, therefore, gives rise to an enormous commerce and provides a medium of exchange that almost entirely takes the place of gold in the settlement of interstate and international balances." By it countries are bound together "in its globe engirdling web; so that when a modern economist concerns himself with the interdependence of nations he naturally looks to cotton for his most effective illustration." Showing its startling growth in the Orient and the Occident even from the time of Alexander the Great, cotton is traced as a factor in the development of ancient nations and in the rise of the modern. It strikes one as being a little strange to read in this economic treatise such captions as "The Vegetable Lamb" and "Cotton Mythology." The author then gives in more detail the earliest history of the industry, referring to Hindu skill, Alexander's trade routes, Egyptian mummies, the microscope, the transit from Rome to Spain, cotton and the Renaissance, Edward III as the weaver king, the entrance of cotton into England and the transformation of the country. Taking up the industrial revolution the author develops the subject more scientifically. The work contains less of mere history and gives a more economic view of the forces set to work by the culture of cotton throughout the civilized world. The numerous inventions which figured so conspicuously in the rise of the industry are discussed. In this portion of the work, however, the author has hardly said anything new. He has merely restated well-known facts so as to give them a somewhat enlarged and original treatment. Here we read more about Kay, Hargraves, Arkwright, Compton, Cartwright, Watt, Davy and Brindley, whose inventive genius supplied the mechanical appliance upon which this industrial progress was based. Mention is also made of the captains of industry who set this machinery going and directed the world-wide movement which resulted in multiplying the wealth of some and bringing comfort and prosperity to many. The references to the influence of cotton on such writers as Malthus and Darwin and upon such explorers as Columbus and Cortes show the breadth with which the author treats the subject. A large part of this work, of course, is devoted to tracing the connection of cotton with the early manufacturing in the Unit
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