U.S. IMPERIALISM.

Press, Volume LXV, Issue 19675, 19 July 1929, Page 11

U.S. IMPERIALISM.

SCATHING ATTACK. POLICY OF EXPLOITATION. (UNITED PBESS ASSOCIATION —BT KLSCTSIC TILEGEAPH—COPTBIGBT 1 LONDON, July 17. A scathing attack on the United States' imperialistic policy was made by Mr Benjamin C. Marsh, managing director of the Farmers' National Council in the United States, at the Conference on Imperialism at Caxton Hall. He said: ''The Monroe Doctrine was not conceived out of altruistic sympathy with the South American peoples, but with the object of reserving them for exploitation by the Land of the Free." , , The United States had embarked an a definite policy of world financial and economic domination, while most of the rest of the world was fighting for world trade and commercial supremacy. In the years 1914-1918 the ruling classes, whose capital was Wall Street, not Washington, were cold-bloodedly figuring out on which horse to put their money. "Unlike Lord Beaconsfield's opinion, expressed after the Crimean War, we did pick the right horse as a sure winner and then continued to ride both winners and losers," he said. —Australian Press Association.