Quotation from: War of the Classes

Written by: Jack London


As Mr. Henry Demarest Lloyd has noted, "When the news reached
Germany of the new steel trust in America, the stocks of the iron
and steel mills listed on the Berlin Bourse fell." While Europe has
been talking and dreaming of the greatness which was, the United
States has been thinking and planning and doing for the greatness to
be. Her captains of industry and kings of finance have toiled and
sweated at organizing and consolidating production and
transportation. But this has been merely the developmental stage,
the tuning-up of the orchestra. With the twentieth century rises
the curtain on the play,--a play which shall have much in it of
comedy and a vast deal of tragedy, and which has been well named The
Capitalistic Conquest of Europe by America. Nations do not die
easily, and one of the first moves of Europe will be the erection of
tariff walls. America, however, will fittingly reply, for already
her manufacturers are establishing works in France and Germany. And
when the German trade journals refused to accept American
advertisements, they found their country flamingly bill-boarded in
buccaneer American fashion.

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