The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1901-06-12

| of the British people for home pro-
| ducts the market would be enlarged
| to the extent of all it's exports to
| China; less than Cd per head would
equal the profit. One pound per head
would give Britain more new trade
than her total exports to India and
south and East Africa combined, or to
Canada and Australia. China and
Japan combined; to Germany, Italy
and France combined, or to the
| United States, Brazil Argentina and
| Canada combined, and equal to one
! half of the total export trade to all
| British possessions which is ESQ, 900, 900
a year. If the E2S 900, 900 of increased
| government expenditure u year in
! Cured during the last five years were
! stopped and spent by the people at
| home upon British products, this
| would give new market eHuallng
, that of Canada. South and East and
| West Africa Foreign Africa, south
and east and the West Indies. Ceylon
| aud Hong Kong. Conquering new
| territory for markets abroad is drop
| ping the substance for the shadow
! chasing rainbows. The case against
| this policy is closed. Trade has not
increased. The true statesman will
soon turn his attention to the better
ing of conditions at home. for 1t is
here that the greatest increase of
British trade can most easily be ef-
fected. a profitable home market is
the strongest weapon that can be
used to conquer markets abroad
This is not all. He proceeds to re-
mark that the industrial situation.
it may become" is not the chief
source of danger but that lit is the
financial and political situation which
is alarming. for it needs no prophet
to torete!l that continuance of the
aggressive temper which alienates
other governments and peoples. and
which has mistaken territorial acQui-
sition for genuine empire making.
must soon strain the nations power
and lay upon its productive capacity
such burdens as will render it in
capable of retaining the present vol
lne of trade. which is essential to
the preservation of Eritain's position
as foremost in the world, financially,
commercially and industrially. (Amer-
lean Union, hors concurs).'
Will any gift of millions to Scottish
universities, or any wisdom in the ad-
vice given. make Mr.. Carnegie's plain
speaking tolerable to his readers in
Great Britain? Here is his conclu-
sion:
"If ever a nation had clear and un-
mistakablc warnings. as the writer
thinks. that the time has arrived
when it should henceforth measure
throughout the world with its res
sources, and cut its garment accord
ing to its CLOTH it is the dear old
motherlard of the race, with it's trade
stationary, an army of thirty thous-
and men or more to be provided for
in South Africa, even after peace
comes: its expenditures and taxation
increasing. and its promises to pay
already at such IL discount as t0
attract capital from across the At
lantic. Rocks ahead, sure enough:
but this does not mean that the otii-
GERS of the ship Of State are to drive
it full steam upon them. On the con-
trary, it should mean that the rocks.
being now in sight. will be avoided"
1t is tn he feared that even that
dear old mothcrland' vii! fail to
sugar-coat the pill that Mr.. Carnegie
Offers, or induce "thc British pcssi-
mist" to- accept Mr.. Cainegic's offered
comfort.