=The Unprofitableness of Strikes.=--The cost of a large strike is impressively illustrated in some of the results of the great colliery dispute of 1898 in South Wales, as they are set forth in the British Board of Trade returns and the reports of the consular service. In direct financial loss, the company suffered to the extent of $100,000, and the men of $300,000 in wages, besides the demoralization from being so long out of work. To a certain extent, other districts gained what the South Wales mines lost by the diversion of trade to them, but that simply aggravated the evil in the mines, for some of this diverted trade will stay where it went. It is sometimes said, indeed, that strikes have only a temporary effect on business, from which it will recover in time. This is true, however, as is suggested in Industries and Iron, only when the locality affected has a virtual monopoly of the trade, while in the competition of the nations instances of that kind are growing rarer. England especially has many rivals in these days, eager to take advantage of every opportunity to profit by its mistakes or misfortunes, and which, when they get their hands on a good thing, are not apt to let go. Notwithstanding some strikes at home, the coal trade in the United States derived benefits from the British strike by sending to markets which the Welsh mines should have supplied; Germany sent coal to Sweden, and Belgium increased its shipments to the Canary Islands. Other countries are induced, by conditions making the usual sources of supply inconvenient to them, to a more active development of their own resources, as Austria-Hungary, Spain, and France were in the present case. So it is more than doubtful whether the present strike paid.