The Americas Volume 2

The Americas Volume 2

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ...that happened to be American utilized facilities that London has for centuries extended to the world's commerce, much to London's benefit. There can certainly be little reason for suspecting any kind of American "economic penetration." A number of most influential Englishmen, like Mr. Bryce, Mr. Runciman, and others, are now advising that it would be better for England to consider carefully the effect upon her own fortunes of adopting a policy of permanent exclusion toward Germany. Without doubt, before England finally decides upon an entire abandonment of free trade, some plan for meeting the real dangers of "economic penetration" without practically shutting off all trade relations permanently with Germany will be counselled. London's shrewd business community, the wisest in quantity and quality in the world, knows too well what it will mean to the future of London to abandon the historic freedom of her markets, which made them the greatest markets of the world. England can be depended upon to devote full thought and ripe economic statesmanship to the problem before a decision is made. A moderate tariff system, and a system of well-considered laws by which foreign concerns are supervised somewhat and their activities regulated; are not at all unlikely, either as temporary or permanent measures. There will be a closer economic unity of the British Empire. England will adopt a more conscious and centralized and much more effective national organization of her industry and commerce. However, dependent upon the circumstances of the ending of the war, there are so many conditions that point to a closedrawn commercial struggle afterward as to make a revolutionary change in the world's organization of commerce possible. more

Product details

  • Paperback
  • 189 x 246 x 20mm | 689g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236573021
  • 9781236573025