The Farbwerke Meister Lucius und Bruning at Hoeckst, near Frankfort,
during the same period, with a capital of fifty million marks,
has paid dividends averaging over twenty-seven per cent; and
the chemical works of Bayer and Company, near Cologne, during
the same period with a capital of fifty-four millions of marks
has paid dividends averaging over thirty per cent.
Much of the commercial success of the Germans during the last
forty years is due to the fact that each manufacturer, each
discoverer in Germany, each exporter knew that the whole weight
and power of the Government was behind him in his efforts to
increase his business. On the other hand, in America, business
men have been terrorized, almost into inaction, by constant
prosecutions. What was a crime in one part of the United States,
under one Circuit Court of Appeals, was a perfectly legitimate
act in another.
If we have to meet the intense competition of Germany after the
war, we have got to view all these problems from new angles. For
instance, there is the question of free ports.
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