Abstract
THE distinguished general who called the English “Nation of Shopkeepers” was aiming a scathing insult at our people. By the same token, Adam Smith and the older economists must have turned in their graves when the Government decided to take active steps for the encouragement of commerce. Times have changed. We now aspire to the proud title of a “Nation of Shopkeepers.” In order to pay the appalling bill for the War and to restore our country to its pristine wealth, production and trade, especially export trade, must be stimulated by every resource, private or public. Faced by intensified foreign competition and the loss of our pre-eminence in the control of raw material, we are turning to scientific research, to a higher organisation of industry, and not least to a reasonable propaganda on the commercial side. A useful exhibition of our industrial effort is now organised annually by a Government department, the Department of Overseas Trade (Development and Intelligence).
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British Industries Fair. Nature 121, 341 (1928). https://doi.org/10.1038/121341a0
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DOI: https://doi.org/10.1038/121341a0