Prices are fixed with mathematical precision
by supply and demand. The world's selling prices are regulated by market
and crop reports.
We travel greater distances in a shorter space of time and with more
ease than was ever dreamed of by the fathers. Isolation is no longer
possible or desirable. The same important news is read, though in
different languages, the same day in all Christendom. The telegraph
keeps us advised of what is occurring everywhere, and the press
foreshadows, with more or less accuracy, the plans and purposes of the
nations.
Market prices of products and of securities are hourly known in every
commercial mart, and the investments of the people extend beyond their
own national boundaries into the remotest parts of the earth. Vast
transactions are conducted and international exchanges are made by the
tick of the cable. Every event of interest is immediately bulletined.
The quick gathering and transmission of news, like rapid transit, are of
recent origin and are only made possible by the genius of the inventor
and the courage of the investor.
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