the value of 2,000 marks and that labor in the great industries is 100 per cent more productive (Sinzheimer makes a similar estimate of the productivity of the large and small industries) so that each laborer in a great industry would produce the value of 4,000 marks. The half million laborers in the small factories of the textile industries produce an amount of products having a value of a billion marks. The other half million laborers in the great industries produce in the same time an amount of products valued at two billion marks. The million of laborers can produce a product of the value of three million marks.
Under the new regime when the laborers were all concentrated in the great factories with more than fifty laborers, each laborer would produce to the value of 4,000 marks a year and the total production of the textile laborers would amount to four billion marks or one billion more than they formerly produced. For the purpose of comparison we consider that values would still be produced.
We can go still further and close not simply the small but the medium sized factories and concentrate the total textile production in the great factories employing more than 200 laborers. The total number of laborers employed in such factories in 1895 amounted to 350,306, or almost one-third of the total textile workers. Under these conditions it would be necessary to work the laborers in three shifts in order to em-
