The Elbert County tribune., 1902-05-08
ENGLAND IN DANGER
AMERICANS SEIZE HER TRADE

John Bull, After Long Exploiting the
World Is Now ExpIoIted-Amer-
leans Capture British Msrkets-
Empty Coronation Show Injuries
Business = Handwriting on the
Wall.
London. May 3-Henry Labouchere.
in this weeks Truth. under the head
ing OF "Morgnneering and Moral"
tells the British nation that It's su-
premacy In trade and commerce is not
only threatened. but doomed. and that
1t Will take all the best efforts of which
the empire is capable to prevent re
trograde movement, which, IL IL be-
gins, Will increase year by year. MIR.
Labouchere says:
ITO the impartial observer II is n
trifie amusing TO watch the perturba-
tioD OF John Bull nt the march OF
American capital. For a generation or
two past the gospel OF salvation of
mankind by the agency of British cap
ital has been preached with sincere
conviction. Whether II was dying
nation In Europe or Asia. a rlckety re
public in South America, an unre-
claimed region OF Africa, peopled by
ldolators and cannlbals. or even n pow
erty-stricken British colony, the means
OF regeneration were always the same
let British capital and British enter
prise exploit the patient thoroughly
and there will be an end to all his dis
eases, political, economic and social.
"For fifty years we preached this
gospel and acted up TO 1t religiously.
Now comes n little turning of tables.
with much larger population and
immeasurably 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
plrc TO regenerate the world by Ameri-
can capital and American enterprise.
They practice upon us the doctrine
which we so long applied to the rest OF
mankind. Lastly-for the present
they lay sacrilegious hands on the ship
ping, by means OF which Britannia
rules the waves
mo wonder John Bull is In comic
state of CONSERVATION. Instead OF the
exploiter he is becoming exploited.
For about twenty years we have
been beset with craze of acquiring in
the most out of the way ports of the
world new openings for British capt.
tai and new markets for British goods
The craze has colared all our national
thoughts and policy.
while we have been pursuing this
phantom what has the foreigner been
doing? He. too. seeks an opening
abroad for his surplus capital and Il
foreign market for his surplus goods.
And where does he first find themi In
England
individual fools have. often enough.
dropped the substance TO grasp its
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 advnnt-
ages our resources in raw material.
capital and labor. we can hold our
own. even II we are forced 60 see Ger
many and America increase their out
put faster than we can. 1t is by the
stupidity of squandering our capital
in foreign countries, overlooking the
opportunity OF employment at home,
that foreign capital can supplant Brit
ish in any home industry.
But at the present crisis of our eco
nomic history what are the objects
which chiefly occupy our mindsf The
degeneration of South Africa by the In
PRODUCTION into that accursed land of
British capital and labor, the expansion
OF our army at the expense of the la
Dor market, squandering time, money
and labor on the empty ostentation of
the coronation ceremony which VIII
suspend industry. destroy trade and di-
vert public thought from matters of
pressing and vital import.
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 come forth the fingers of n mans
hand and write upon the wall 1t needs
no prophet In this case to Interpret the
writing II is easy to read the warn
ing and not difficult TO accept and act
upon H.
"Shall we attend to it at once. or
shall we finish our wine and think
about the Medes and Pcrsians after the
dinnerr'