Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1902-05-14
UNCLE SAM 70 Be KING OF comMgacr.
Morganism and AmerIcanism Have Taken
Commerce from Ensland's Control.

j Henry Labourchere, in recent
issae of the London Truth, under
the heading of "Morganeering and
the Moral" tells the British nation
that its supremacy in trade and CON-
merce is not only threatened, but
doomed, and that it will take all the
best efforts of which the empire is
capable to prevent retrograde
movement which, if it begins, will
increase year by year.
| MIR. Labouchere says:
"To the impartial observer it is a
trifle amusing to watch the pertur-
baton of John Bull at the march of
American capitalists. Fora genera
tion or two past the gospel of saliva
tion of mankind by the agency of
British capital has been preached
with sincere conviction. Whether
it was dying nation in Europe or
Asia, rackety republic in South
America, an uureolaimed region of
Africa, peopled by idolaters and can
nibals, or even a poverty-stricken
British colony, the means of regene-
ration were always the same-let
British capital and British enter
prise exploit the patient thoroughly
and there will be an end to all his
diseases, political, economic and So
ciaI.
"For fifty years we preached this
gospel and acted up TO it religiously.
Now comes little turning of tables.
"With much larger population
and immeasurably greater natural
resources, the United States offers
field for the accumulation of greater
wealth than we can ever aspire to.
"Americans, in their turn, now
aspire to regenerate the world by
American capital and American en-
terprise. They practice upon the
doctrine which we so long applied to
the rest of mankind. Lastly-for
the present--they lay sacriligious
hands on the shipping by means of
which Britannia rules the waves
ssNo wonder John Bull is in a
comic state of CONSERVATION. Instead
of the exploiter he is becoming the
exploited.
"For about twenty years we have
been beset with 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.
"While we have been pursuing
this phantom what has the foreigner
been doing9 He, too, seeks an open
ing abroad for his surplus capital and
a foreign market for his surplus
goods. And where does he first find
them? In England.
| w hiO WO oCch W cAGcuu GuG
area of our commerce and our invest
ments by acquiring control of coun-
tries which have no population, or of
people who have no wants, the manu-
facturers 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 on
tinent, which cannot yield loyurn
within the life of the present gene.
ration, or perhaps the next, the
American capitalist discovers a re-
munerative investment for his mil
lions in improving the means of
locomotion in London.
"While we spend countless mil
lions in annexing vast tracts in Asia
and Africa and maintaining armies
to defend them, with the view of sup
plying penniless population with
goods from Manchester and Birm-
ingham, our German and American
competitors supplant US in our own
country.
1ndiyidual fools have, often
enough, dropped the substance to
grasp its shadow, but never before
has a whole nation deliberately COM
mitted 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 mate
rial, 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 squander-
ing our capital in foreign countries,
overlooking the opportunity of en-
ployment at home, that foreign capi-
tai can supplant British in any home
industry.
"But at the present crisis of our