Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1902-05-02
BRITISH SUPREMACY
IN TRADE is DOOMED
American Methods and Cap
ita1 Will Dominate
FRENCH EDITORS REMARKS
M. Labouchere, of Truth, Says 1t Will
Take All the Best Efforts of Which
Empire Is Capable to Prevent a Ret.
roqrade Movement.

New York, May Henry Labour
chere, in this weeks Truth, under the
heading Of "Moeganeering and the
Moral tells the British nation, says a
Herald dispatch from London. that its
supremacy in trade and commerce is
not only threatened, but doomed, and
that it will take all the best efforts OF
which the empire is capable to pre-.
vent retrograde movement, which
If it begins, will increase year by year
Mr.. Labourchere says:
ITO the impartial observer it is a
trif1e amusing to watch the pertuba-
tion of John Bull at the march of
American capitalist. For a generation
or two past the gospel of salvation of
mankind by the agency of British capi.
tai has been preached with sincere con.
victiOn. Whether it was a dying ma
ton in Europe or Asia, a rackety re-
public in South America, an unre.
claimed region of Africa, peopled by
idOlators and cannibals. or even a
poverty stricken British colony, the
means of regeneration were always
the same-let British capitalists and
British enterprise exploit the patient
thoroughly and there will be an end to
all his diseases, political, economic
and social.
For 50 years we preached this gos-
pei and acted up to it religiously. Now
comes little turning of tables.
With a much larger population and
.mmeasurably greater natural re-
sources, the United States offers a
field for the accumulation of greater
wealth than we can ever aspire to-
Americans, in their turn, now as
pire to regenerate the world by Amer
lean capital and American enterprise.
They practice upon the doctrine which
we SO long applied to the rest of man
kind. Lastly-for the present-they
lay sacriligious hands on the shipping
by means of which britannia rules
the waves
mo wonder John Bull is in a comic
state of CONSERVATION. Instead of the
eXploiter he is becoming the exploit
ed"
For about 20 years we have been
beset with a craze of acquiring in the
most Out-Of-the-way parts of the world
new openings for British capital and
new markets for British goods. The
craze has colored all our national
thoughts and policy.
S'WbiIo IUo boUa hoo,, r,,ro,,iVor n;
phantom, what has the foreigner been
doing? He, too, seeks an opening
abroad for his surplus capital and
foreign market for his surplus goods.
And where does he find them In Eng
land
while We seek to extend the area of
our commerce and our investments by
acquiring control of countries which
have no population, or of people who
have no wants, the manufacturers and
investors of Germany and America
find in this country the finest opening
in the world. While we sink millions
on the construction of railways
through the African continent, which
cannot yield a return within the life of
the present generation, or perhaps the
next, the American capitalist discov.
ers remunerative investment for his
millions in improving the means of 10,
comotiOn in London.
while we spend countless millions
in anneXing vast tracts in Asia and
Africa and maintaining armies to de-
fend them, with the view of supplying
a penniless population with goods
from Manchester and Birmingham,
our German and American competit-
ors supplant us in our own country.
individual fools have often enough
dropped the substance to grasp it's
shadow but never before has a whole
nation deliberately committed itself to
this folly
"Our supremacy in trade and com
merce is not only threatened, but
doomed.
"Yet by utilizing to the best ad-
vantage our resources in raw material,
capital and labor, we can hold our own
even if we are forced to see Germany
and America increase their output
faster than we can. 1t is only by the
stupidity Of squandering our capital in
foreign countries, overlooking the op-
portunity of employment at home, that
foreign capital can supplant British in
any home industry.
But at the present crisis of our eco
nOmic history, what are the objects
which chiefly occupy our minds? The
regeneration of South Africa by the
introduction into that accursed land
of British capital and labor, the expan-
sion of our army at the expense of
the labor market, squandering time,
money and energy on the empty os-
tentation of the coronation ceremony,
which will suspend industry, dislocate
trade and divert public thought from
matters of pressing and vital impor-
tance.
"At the moment while we are thus
engaged Mr.. Morgan and his col
leagues descend upon us, seeking
what they may devour.
Almost within an hour of the kings
feast comes forth the fingers of a
mans hand and write upon the wall.
1t needs no prophet in this case to in.
terpret the writing. It is easy to read
the warning and not difficult to accept
and act upon it.
Shall we attend to it at once, or
shall we finish our wine and think
about the Medes and Persians after
the dinner?"
Furnace Workers Make New Demand.
Pittsburg, May 1.-The National As
sociation of Plant Furnace Workers
and Smelters of America has sent
copies of new demand to the United
States Steel corporation, the Republic
Iron and Steel company. the Bessemer
association and the independent fur
naces. The workers demand that on
opd aftor Irpo aioht hours shall cOn-