ABSTRACT
The present and the future status of the British iron trade is largely affected and must be more or less controlled by the extent and the character of the competition to which it is exposed by other countries. The last two years have coincided with a remarkable agitation in Great Britain directed against the importation into the country of foreign supplies of iron and steel, which are sold at less than the prices current in British markets. We have seen that in Canada, the United States have, within twenty years, increased their supplies of iron and steel from 30 per cent. On the whole, therefore, it comes to this, that effective foreign competition in the present is practically limited to Germany and the United States, and it is for that reason that the circumstances of these two countries require to be here specially considered.
