Excerpt from Commercial Education in Germany

In 1850 Germany was an agricultural nation occupying a position of relatively little significance in the industrial world. In 1910 its foreign trade was second only to that of Great Britain, and the time is not very remote when, in all probability, England will no longer be the foremost commercial nation of the world. Yet the major portion of this marvelous development of Germany has occurred since 1884. In 1882 agriculture occupied the attention of 19,225,455 of the population of the German Empire. Twenty-five years later, in 1907, this number had decreased to 17,681,176, a loss of approximately eight per cent. During this same period the industrial population had increased from 16,058,080 to 26,386,537, a gain of more than sixty-four per cent. At the same time the expansion of commercial activity was even more pronounced, growing from 4,531,080 to 8,276,239 participants.

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