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42 made this the greatest nation on earth, have made Great Britain the greatest monarchy of all time."

Then, after giving some figures on the increase of the inhabitants, the Leader says that industrial growth has more than kept pace with the increase of population, that the production of coal has increased three-fold, and that of iron nine hundred per cent. in the last fifty years. And that four billion dollars have been invested in railways in Great Britain alone. And probably as much more has been spent in the railway systems of Canada, Australia and India.

Van Buren Denslow, LL. D., says in his great work on the 'Principles of Economic Philosophy," that the railways and the transportation machinery of the United States are worth seven billion dollars, and the manufacturing machinery is worth three billion dollars. Now all this immense wealth that is ruling these two great and powerful nations has come into existence since the year 1836, when, according to our reasoning, the ruling with the rod of iron should have begun.