. The earth and its inhabitants .. . were constructed in all directions, and powerful companies were formed to work the mines. But then came the Kraeh of May 9th, 1873. The banks stopped payment, and thousands of families found themselves involved in ruin. Millions were lost in the course of a few weeks, and all industrial progress was Austria can hardly be said to have recovered from this financial crisis. Still there has been some progress, for the laud is now being more carefully cultivated, * In 1872 there were 36 Govemment tobacco manufactories, with 36,981 workmen. They produc
. The earth and its inhabitants .. . were constructed in all directions, and powerful companies were formed to work the mines. But then came the Kraeh of May 9th, 1873. The banks stopped payment, and thousands of families found themselves involved in ruin. Millions were lost in the course of a few weeks, and all industrial progress was Austria can hardly be said to have recovered from this financial crisis. Still there has been some progress, for the laud is now being more carefully cultivated, * In 1872 there were 36 Govemment tobacco manufactories, with 36,981 workmen. They produced 1,588,105,052 cigars and 37,260 tons of manufactured tobacco. t In 1872 there existed 126 banks, with a capital of £201,058,000 ; in 1874 there only remained 28 banks, with a capital of £72,172,000,
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Keywords: ., bookcentury1800, bookdecade18, booksubjectgeography, bookyear1883
