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DURING the late General Election, Mr. Herbert Spencer, writing to the Right Hon. Leonard Courtney with reference to the war, made the suggestion that « A Comparison should be made between the constitution and doings of the socalled Boer oligarchy and the oligarchy which existed in England prior to the Reform Bill of 1832, and it should be widely circulated and emphasised." Evidently, Mr. Spenc…
The production of bicycles in Britain and the United States recently suffered severe setbacks. The renowned American Schwinn brand was downgraded to the mass market by its new owners following bankruptcy, and Britain's Raleigh came close to closure because of high debts and poor returns, saved only by a last-minute management buyout. In both cases, market share and credibility were lost to newe…