The Commercial Primacy of the United States.

The article presents an exploration into the economic conditions of the United States in comparison to the other major European powers as of 1904. Comments are given analyzing the growth of the U.S. economy from the mid-19th century, citing large-scale improvements in railways and infrastructure, production of materials such as metals, food and textiles, and the centrality of capital investments in American banks. Particular contrasts are offered between the economic dominance of Great Britain in the 19th century to the growth of the U.S. in the early 20th.