Cotton was formerly cultivated profitably in Palestine.
Two large refineries, one on Newtown Creek, Long Island, and another in South Brooklyn, also on Long Island, were in successful operation when the abundant pr oduction of petroleum, which immediately followed the completion of the Drake well, placed at the disposal of the refiner a material which could be worked more profitably than bituminous shale.
The low quotations which ruled for a number Copper of years had a depressing effect upon the industry, and many mines once profitably worked were temporarily closed, but in 1906 there was a general revival.
There is yet one point in which we may profitably go back to our comparison between England and Sicily.
Where a railway is built for general commercial reasons, however, it must furnish its own credit; that is to say, it must convince investors that it can be worked profitably and give them an assured return on the funds they advance.