But this was not to last. In the first ten years of this century competition increased steadily and enormously so that demand by no means kept pace with supply, and the vital question forced itself upon the manufacturers, whether they were in a position to produce the article either better or cheaper? This difficult problem was however solved in a manner unfavorable to the manufacture, and with that revolution commences the decay of the same which now began to make itself felt. The manufacture had, as before observed, become dependant upon the trade of Nürnberg, which however no longer occupied its former high position, for, although a considerable trade with foreign lands still existed, it was to a great extent nominal. The enlargement and correction of ideas by foreign travel and personal acquaintance with the grand advancement in foreign industry, were wanting and thus no beneficial adjustment of the Nürnberg manufacture could be brought about. Manufacture became the shuttlecock of commercial speculation, which could not even so much as claim the credit of having successfully met the increased requirements of the age or put a stop to powerful competition or an overworked system of trade more calculated for the future. The trade of Nürnberg at that time lay in the fetters of the guild system, the relic of an earlier golden time, which, aiming at the isolation of industry, which was thereby given into its hands, was the ban that opposed its progress for a length of time, alluring it to act contrary to the interests of native industry and therefore contrary to its own interests. How much did this system leave of the ancient splendor and well earnt renown of the City of Nürnberg?—A minimum kept and retained solely and alone by the self denial, frugality and industry of the inhabitants. The ingenious, serviceable articles had disappeared, giving place to goods, whose only recommendation consisted in their being unprecedentedly cheap. The endeavour to manufacture without the least regard to quality or serviceability as long as cheapness was attained had become a rooted evil increasing as it descended in all its fulness from father to son. The honorable distinction of the title “Nuernberg, good” soon became changed into the lasting and contemptuous one of “Nürnberg goods” and in the business world people even went so far as to say that nothing good could possibly be produced at Nürnberg. These circumstances, which are to be laid to the account not only of individuals but likewise of a domineering system and the spirit of a time not so very far distant even now, attest that real industrial activity must go hand in hand with mercantile spirit in order to maintain itself in the world free from the influences above pointed out and enter the lists with competition. It is only emancipated industry that can congratulate itself on real progress and improve the article only by having an eye to the requirements of the consumer.