BRITISH SUPREMACY.

New Zealand Herald, Volume XXXIX, Issue 11986, 7 June 1902, Page 2 (Supplement)

BRITISH SUPREMACY.

«■ LABOUCHERE ON THE MORGA SHIP TRUST. Nkw Yohk, April 30.—A cable to Herald from London says : — Henry La chere in this week's Truth, under the h irig of " Morganeerihg and the Moral," the British nation, its supremacy in trade commerce is not only threatened but dd ed, and that it will take all the best en the Empire is capable of to prevent a r grade movement, which, if it begins, J increase year by year. He declares-that the United States taken John Bull's place as an exploit* civilisation, and says : " With a i larger population and immeasurably gr natural resources the United States < a field for the accumulation of greater w than we can ever aspire to. "The Americans, in their turn, aspire to regenerate the world by Ante capital and American enterprise, practice upon us the doctrine which v long applied to the rest of mankind, acquire our underground railways witl kindly view to show us how to work antiquated undertakings profitably, propose to provide poor old London tramways and tubes which its peoph too poor or too stupid to construct i selves. They acquire half the tobacco of these islands to confer upon us the fits of being supplied with American to on American principles. Lastly, fo present, they lay sacrilegious hands o shipping, by means of which ' Brit rules the waves.' "No wonder John Bull is in a comic of consternation. The world from his of view is being turned completely i ' down. He is no longer 'on top,' but i neath. Instead of an exploiter he is exploited." After an exhaustive review of the mercial outlook, as shaped by the eve the last few years, Laboucbere conclud " Almost within an hour of the King's come forth the fingers of a man's ban write upon the wall. It needs no pi in this case to interpret the writing, easy to read the warning, and nob d to accept and act upon it. Shall we < to it at once, or shall we finish our wii think about the Medes and Persians dinner?"