File:Factory and industrial management (1891) (14594723729).jpg

Identifier: factoryindustria35newy (find matches)
Title: Factory and industrial management
Year: 1891 (1890s)
Authors:
Subjects: Engineering Factory management Industrial efficiency
Publisher: New York (etc.) McGraw-Hill (etc.)
Contributing Library: Engineering - University of Toronto
Digitizing Sponsor: University of Toronto

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lgamation of competing interests under a harmoni-ous and common direction, and in the increasing number of companyformations. Though Sweden has been comparatively well-to-do during thepreliminary years of the present period of transition, its capital can-not be regarded as in any degree adequate to meet existing, muchless coming, requirements. To carry out even a few of the moreambitious enterprises projected with a view to utilising the naturalresources of the country, the latter needs to increase from withoutits working capital. This the Swedes themselves are not reluctantto admit, though heretofore the idea of borrowing has been somewhatforeign to the national instinct, as evidenced by the facts (i), thatthe small public debt of £21,000,000—contracted almost exclusivelyfor the purpose of railway construction and loans—mainly representshome investments; and (2), that the total external liabilities of thecountry do not greatly exceed £33,000,000. 500 rill: ENGINEERING MAGAZINE.
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NDUSTRIAL SWEDEN Sweden covers 4.57 per cent, of the area of Europe, and is, conse-quently, one of the larger countries of that continent. It is rathersmaller than France or Germany, but nearly half as large again asGreat Britain and Ireland. As an economic and industrial unit, it isconvenient to consider it as made up of three main sections, viz., INDUSTRIAL SWEDEN. 501 Central Sweden, or Svealand—the limits of which are indicated in theaccompanying map by dotted lines and a portion of the Gota Canal;Southern Sweden, or Gotaland; and Norrland, extending to theArctic Ocean. The extreme south, the peninsula of Scania, is extremely fertile,and its people, as a result, have always devoted themselves particu-larly to the profession of agriculture. Even here, however, thanksto the favourable geographical position of the province and the wealth

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