The Lamar register., 1902-05-07
ENGLAND IN DANGER
AMERICANS SEIZE HER TRADE

WorIo is NOW 6SPIolteo-Hmer-
leans Capture British Markets
Empty Coronation Show Injuries
Business = Handwriting on the
Wall.
London, May 3.-IIenry Labouchere,
in this weeks Truth. under the head
ing Of "Morganecring anl Moral"
tells the British nation that its su-
premacy In trade and commerce is not
only threatened. but doomed, and that
1t will take nll the best efforts of which
the empire is capable to prevent re-
trograde movement. which, if 1t be-
gins, will increase year by year. Mr..
Labouchere says:
ITO the impartial observer II is
trihe amusing to watch the perturba-
tion of John Bull at the march of
American capital. For a generation or
two past the gospel Of salvation of
mankind by the agency of British cap
tal has been preached with sincere
conviction. Whether it was n dying
nation in Europe or Asia. a rickety re-
public in South America, an unre-
claimed region OF Africa, peopled by
idolators and cannibals. or even a pov-
eTty-stricken British colony, the means
of regeneration We're always the same
let British capital and British enter
prise exploit the patient thoroughly
and there will he an end to all his dis
eases, political, economic and social.
For fifty years we preached this
gospel and acted up to it religiously.
Now comes little turning of tables.
Inr In inn nd
immeasurably greater natural re-
sources, the United States offers
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 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
NO wonder John Bull is in II comic
state of CONSERVATION. Instead of the
exploiter he Is becoming exploited.
"For about twenty years we have
been beset with n 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 cOlored 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
foreign market for his surplus goods.
And where does he first find them? In
England.
"Individual fools have. often enough,
dropped the substance to grasp its
shadow, but never before has n 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 advant-
ages our resources in raw material.
capital and labor. we can hold our
own, even If we are forced 10 see Ger
many and America increase their out
put faster than we can. 1t Is by the
stupidity of Squandcring our capital
in foreign countries, overlooking the
opportunity of employment at home.
that foreign capital can supplant Brit
tsh in any home industry.
But at the present crisis of our eco
Ionic history what are the objects
which chiefly occupy our minds! The
degeneration of South Africa by the in
British capital and labor. the expansion
of our army Mt the expense of the Ia
Dor market, sQuandering time. money
and labor on the empty Ustcntation or
the coronation ceremony which Will
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
thcy 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 1t is easy to read the warm
ing and not difficult to accept ana act
upon ii.
.Shall we attend to it at once. or
shall we finish our wine and think
about the Medes and Persians after the
dinnerT'