"The characteristic feature of our modern mechanical improvements, is the introduction of self-acting tool machinery. What every mechanical workman has now to do, and what every boy can do, is not to work himself, but to superintend the beautiful labor of the machine. The whole class of workmen that depend exclusively on their skill is now done away with. Formerly I employed four boys to every mechanic. Thanks to these new mechanical combinations, I have reduced the number of grown-up men from 1.500 to 750. The result was a considerable increase in my profits."
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