Danmarks Handel og Industri

XVIII the entire emancipation 0/ the Danish trade, in order to win compensation for this distressing loss of territory by an increased display of energy. During the last fifty years, Denmark has also enjoyed considerable economic development. Under the motto: »What was lost of the country must be gained in the country« Colonel E. M. Dalgas of the Royal Engineers grappled with the difficult task of gradually transforming the extensive tracts of heath in Jutland into forests and thereupon fertilising them to arable land. Under the leadership of a series of prominent practical men and men of science, Danish agriculture has undergone a development, which has made Denmark the model country of agricultural industry for the entire world. Danish industry, despite its lack of important raw materials, has acquired splendid and valuable results in the fields of practical industry as also in art industry. And at the same time, Danish Commerce and Shipping have increased very considerably. On the initiative of the prominent Danish merchant C. F. Tietgen, and supported by the bank founded by himself, the Private Bank of Copenhagen, several large and important enterprises were started, first and foremost The Great Northern Telegraph Company — which in its field has become a company which extends over the whole world — and The United Steamship Company, which has been of extreme impor- tance to Danish shipping especially in securing the country a network of steamship routes of the highest value. With the support of the Danish Agricultural Bank (Den Danske Landmandsbank) and its head manager Is. Glückstadt, the Free Port of Copenhagen was founded in the beginning of the nineties, which port has undoubtedly become the most important instru- ment for the development of Danish commerce and shipping. And finally, in the last decennary, the great Danish merchant, His Excellency H. N. Andersen has, through his pioneering work, provided Danish commerce with a universal stamp. With the aid of The East Asiatic Company, which was started by him, and within the frames of which both shipping, com- merce, industry, and plantation work are carried on, H. N. Andersen has acted as a lever for Danish trade, both directly by the results achieved by him and indirectly by the impulses he has given as the pioneer. Denmark is really only of modest dimensions: Denmark proper contains an area of something more than 39,000 square kilometers, and a population