Already in my own time the volume of business was much less than in the heyday of the Victorian age, when the developments of the industrial era stim… - Hugh Macmillan, Baron Macmillan

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Already in my own time the volume of business was much less than in the heyday of the Victorian age, when the developments of the industrial era stimulated the enterprise of promoters and led to the construction of our modern railways, docks, and other undertakings of public utility. That was the era which my friend Walter Elliot has so aptly called the `century of equipment'.