“But today we are raising more than we can consume. Today we are making more than we can use. Today our industrial society is co
ngested; there are more workers than there is work; there is more capital than there is investment. We do not need more money—we need more circulation, more employment. Therefore, we must find new markets for our produce, new occupation for our capital, new work for our labor...” This statement provides a reason why political leaders of the late 1800s adopted the policy of
