Abstract
Now that we are living in an age of “trusts” there is no need to fear foreign competition in respect to prices. The only points our home manufacturers should lay stress upon are quality and quantity, and should these be maintained at a high level they can hold their ground against foreign manufacturers; that is, so long as the manufacturers throughout the world have confidence in their respective associations. Whenever these commercial associations begin to fall asunder we may expect competition in prices to operate, and then it will mean a commercial war, not between nations, but between individual manufacturers in Europe and America. The result will mean financial benefit to the users of scientific apparatus, just as the recent slump in prices of the necessaries of life may soon prove to be advantageous to consumers generally throughout the world.
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OGILVY, J. British and Foreign Scientific Apparatus. Nature 105, 424–425 (1920). https://doi.org/10.1038/105424a0
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DOI: https://doi.org/10.1038/105424a0
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