The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02

COMMERCIAL doors are
gradually closing, one
by one, all over the world,
and as each one closes the
race for survival grows hot
ter and more bitter.
1t means that the unde-
veloped territories are be-
coming more and more
scarce. These territories
are themselves in the throes
of industrialization.
And where this is happening
you will find mostly yellow or
black people They are at the
threshold of the kind of civiliza-
ton at which the Occidental
world stood 100 or $50 years ago.
They are beginning; we are close
TO the ending. Most of us of the
Occldent refuse to believe it and
mat IS because Of the super-ego
OF lnfallibility with which we have
imbued our outlook.
Dur, nevertheless, foreign trade
- is dwindling. The British en-
pire, famous for a century for it's
Tree trade policies, has been forced
by the tightness of the race, into
erecting barriers and fences
against the exchange of goods
produced by its own machine and
derived from the very sources
which now threaten it's supremacy.
America is no different. We con-
tlnually harp on exports. AS long
as the balance of the trade scales
IS tipped we'll to the export side.
we are satisfied But the inclina.
ton in that direction is growing
steadily less and less.
In the old days, it was a case
OF empire building for profit. The
Morgans, the Rockefellers. the
ho'hSchildS and the Sassoons
41ded great family dynasties.
j. 1T no more.
IL is now case of empire hunt
ing Tor the sake of self preserva-
ton. 1t is race for the survival
OF the fittest and the yellows and
blacks are just awakening and are
the freshest of the racers.
we have to step up the speed
SO as to keep the factories and
business running, so as to keen
men employed and consuming
And when we do that we create
more money and more SURPRISES
THE SURPRISES have to be sold
Il to the undeveloped nations.
ana on these they are building
thelr new era. The money we
create, we reinveSt abroad into
producing more materials to nro-
Vloe more supplies for the fac
torres of our civilization. which in
Curn' create more SURPRISES. and
more wealth to be invested all
over again.
IL Is an endless merry-go-
round that we have built, and the
more 1t whirls around, the faster
and faster it travels.
And We ride with it-blinded nv
mat feeling that we can not be
wrong and supposing that the
way out is sheer speed.
we have this clearly written
today in every quarter of the
globe. Egypt is nominally and on
the record free country-but the
British actually possess it be-
cause OF the millions of pounds
shllllngs and pence they poured
into Egypt.
Persia, like Ethiopia, is to all
interests and purposes an indie
pendent nation-but who has first
call on the Persian market?
Great Britain, because of the
huge investments in Persian oil
and other commodities. Who has
had possession of China for 50
long? The Western World-Eng-
land, France, Germany, and the
United States,
JAPAN also has been a part
~ ner but now Japan has decided
the time is ripe to announce ia
the Occidental that from now
on, Japanese money will provide
the only investments which will
finance the awakening of the
Chinese industrial era.
In this manner alone will Japan
possess China. and not with
troops, bayonets and bombs.
And so it is now with Italv and
Abysslnia. If MusSolini builds
bridges, lays roads, builds towns.
sets up identification in Abvs-
Sinia, the Ethiopians will buv
italian products needed to create
these things, and relieve the pres
sure in Italy.
But then what happens when
all these markets are glutted9
Where do we go from there TO
find fresh markets for reinvest-
ment of the surplus goods and
capital that the new markets have
created for our system of living?
A time will come when there
simply won't be any place-and
so the strongest empires will then
take from the weak-and the
weak will be swallowed up and