Liberal market forces gain the upper hand. The Freedom of Business act removes all vestiges of the guild system and abolishes remaining barriers to men and women starting their own businesses.
On April 7 Jöns Mattisson-Malmberg, 24 years old, starts a business under his own name for the manufacture of axes and straight blades as well as hoes and general iron pieces for construction work.
Contaminated well water is a big local problem. Jöns invents a method for filtering the well water. He also develops a quick and simple method for drilling down to fresh groundwater in the clean layers of gravel below the earth’s surface.
Jöns hands over his company to his son Erik but continues to make wooden filters for wells. Carriages and bicycles become the company’s main business as it changes it name to E. Malmbergs Carriage Making Factory, Yngsjö.
The leader of the Swedish Social Democrats, Per-Albin Hansson, describes his vision of the ‘People’s Home’ in a speech that marks the start of a long period of state-subsidised modernisation and new house-building programmes.