Clive Day, A history of commerce (1922)
“ The Americans have recently taken the place of leaders among the machine builders of the world, and no country, however high it may have ranked in the past, can afford now to neglect the contributions offered by American machinists. The cheapness of raw materials, iron and steel, has aided the recent development of the American machine industry, but has not caused it. We must look further, to the ingenuity of inventors encouraged by a liberal patent system, and to the genius of business leaders who have known how to make use of the contributions of technical science to industrial efficiency. ”
