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Page 27 text:
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i.l Manufacturing has always been the chief industry of the state and many of these industries date from colonial times. In the early part of the eighteenth century, hats v ere manufactured here in such quantities that the London merchants complained that imports from Connecticut were ruining their trade. Clocks and watches began to be made about 1773 and 20 years later the manufacture of timepieces had become a thriving industry. At the present time the largest clockworks in the world are located in Waterbury, Connecticut. The brass industry in Connecticut dates from 1802, when the manufacture of brass buttons was begun and today the largest brass factory in the world is located in Waterbury, Connecticut. Connecticut also leads all the other states in the manufacture of silver plate. The iron mines of Connecticut are of great historic interest for from them came much of the iron which was converted into cannon bulls, camp kettles, and other articles used in the Revolutionary War by the American Forces. The anchor of the famous Old Ironsides was made in Connecticut from native ore. As we look back ovor the history of Connecticut, we see traces of the well known Yankee ingenuity . It was necessary for the people of Connecticut to be thrifty and progressive for they had few resources and tho land was far from perfect. They made a little go a long way and used what they had to the greatest advantage. Our ancestors helped to make Connecticut one of the most influential of the states. Lot us, the present inhabitants of Connecticut, carry on tho groat work which they began so many years ago. SALUTATORY ESSAY ----------- WORLD ECONOMICS Charles Martin Sharp The simplest definition of Economics is, How man gets his living ; thereforet World Economics implies how the people of the world gain their living. In studying this subject, the following factors must be dealt with; 1) people, 2) government, and 3) natural resources. We also deal with the interdependence of nations and the interdependence of business. We know that nations such as the United States and Great Britain are world powers, while Brazil and other South-Central American countries are of lesser importance. How many people who have not studied the subject can tell why? Why is Great Britain a first rate power with an area less than that of Wyoming while Brazil, with an area slightly larger than that of the United States, is of so much less importance? These questions may largely bo answered by considering the above named factors; namely— people, government, and natural resources. Of course no nation has a surplus of all these factors, but the great nations usually are stronger in one to make up for any weakness in another. Great Britain serves as an excellent example of how these factors work. The British are wide awake, ambitious, and smart. They know how to take advantage of every break that comes their way. They have taken advantage of their location as well as their resources. They have educated their children so that the younger generation can take the place of the older as the older ones die. Their inventive genius has brought them and the world fine toxtile machinery and the steam engine.
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