Modern improvements, with a view to cheapening of cost, effect the transport of the cages from one press battery to another on rails.
Though this process is now largely supplemented, and even displaced, by various rivals, at the time it was brought out it was of enormous industrial importance, since it effected a great cheapening in the price of steel, and led to that material being widely substituted for others which were inferior in almost every respect but that of cost.
Americans think that this statement is altogether too pessimistic. Not sufficient account had been taken of the uncultivated land in farms, and of the possibilities of improving the yield, and still further cheapening the product.
As any given region is opened up by railways, cheapening transportation, milling is apt to give way to smelting.
He understands the cheapening effect of the division of labour.