Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1902-01-03
GREET THE INVASION.

As has been pointed out in these col!
umns the so-called American inva-
sion" of Great Britain by American
capital gives occasion for more fears
at home than abroad. The thoughtful
men of Great Britain are welcoming
the hoard of American capital even
as we hailed not long since the
investment of British money IN Am
erican enterprises. The London Times
Of recent issue says:
There is needless alarm in some
quarters over the American invasion.
1t Is forgotten that we are always in
yading other people in just the same
way. In every corner Of the globe
British capital is invested and British
enterprise is directing all sorts of in
dustries. But we forget to be equally
enterprising at home, and the Ameri-
cans have found II out. For our own
part. we welcome their cooperation.
The stay-at-home Englishman has
a very great deal to learn, and. as his
fine insuIar superiority prevents him
from learning it by inspection Of what
others are doing. the best thing pos
sib,e for him is that other people
should come here and do things under
his nose. Besides, II one thinks of It.,
the Americans really owe us a good
turn of the sort. We built many OF
their railways for them, and lost no
small amount OF money by the opera
ton. It is only fair that they should
energize our operations a little. though
we have no desire in the world that
their experience here should be as un.
pleasant as that of many a British in
weston in wildcat lines over the water
They are really doing very well just
now. They are setting up a magnili.
cent electrical factory in the north {;
they are pushing that identification OF
the Underground which has been prom
ICED so long; they are interesting
/ themselves in tubes; and the account
/ we publish today Of the new telephone
service in London shows that Ameri.
can ideas and methods are largely
| recognized in that department. This
\cOuntTy has done a great deal to shake
up the world, but in its domestic affairs
it needs a good deal of shaking up IT,
self. II is a brotherly thing for the
Americans to give the requisite FLIP
and in addition, increased community
of interests cannot fail to draw th'
. Anglo-SaXon nations closer together"
There Is not a nation of the GLOBE
that would view with disfavor tbs
energiZing OF its industries by Ameri
can capital. A recent Geographic dis
patch represents the British merchants
as in a furry of excitement over tn,
advances Americans are making IL
their markets but It is safe to predic
that this feeling will soon wear of
The next hue and cry We are likely t
hear is from Americans crying on
. against the capitalists who are invest
ing their money abroad when ther
) are such vast fields for development
within our own national confines. Al
, ter all Is said ii is Great Britain an
| Great Britain alone that Is reaping tn
, reward of the American invaders
hese capitalists are FURNISHING mean
: for British labor and the next thin
a we know the first class America
. workmen will be following capita
a across the water to energize BIRTHS
I industry that 1t may the better be abb
3 10 compete with American products
n markets other than those included
the Anglo Amerlcan compact.