Word: ironical
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Dates: during 1920-1929
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...hesitating to defend their position by means of high tariffs. It is time for the Empire to assert itself. This may sound curious from an old free trader like myself. But conditions have changed and the traditional free trade sentiment of the British public has changed with them. More iron is wanted in the soul of this country! We must have the courage to put a high tariff wall around the Empire...
With authentic enthusiasm Counselor Cahill writes: "France has become the greatest iron ore country in Europe; she has acquired potash concessions far in excess of her consumption; compared with 1923, she has increased her coal output by one-sixth, doubled her coke output and more than trebled her electrical capacity...
...producing more pig iron than Great Britain and more steel, whereas in 1913 she was third among nations in this field. Astonishing progress has been made in engineering. ... It is eloquently told by the rise of engineering exports from 313,600 tons in 1913 to 1,469,000 tons in 1927, while imports in this line dropped from 440,000 tons...
...nearly all branches there are recorded increased exports and diminished imports for the ordinary goods of current consumption, due no doubt to the larger scale organization of industry and increased capacity of producing standardized goods/whether textiles, chemicals, engineering products or iron and semisteel products...
...There are wells producing oil little inferior to that imported from abroad, and plenty of coal and 'iron...