ENGLAND AND GERMANY.

Stratford Evening Post, Volume XXIX, Issue 98, 15 June 1911, Page 4

ENGLAND AND GERMANY.

r l lie ; rColonial Minister, li'mt i>ani.lMiV'-', rtwcntly ilrc.v co:n- ---■ ■ C i.!• i.t?■ *! jjr.d Gor.m:si'*i i tf!*. :;n rotrnnL their roit VC i- >■ 5; j.t i ii:-, c;*..r.r.M-rcn of > !ic 11■!• I. I li-'!T i)iM'M’;iilh'(!a that K-H-MuiV. oov.-or in tho irado of tho v-'S! lii rasos i.’ii the fraction! of her

nark t, on fen fact that “she is lib,'iv.i ia the real economic sense of the word, because hoi - trade is on a Ircctraclc basis, because taxes arc imposed more upon what is earned than on general business.” The result is that at least throe-fourths of the world’s raw material market is in England, while there is “practically none in Germany.” Also, there is the enormous return business that England does throughout tiio world—her lingo si tipping, commissions, insurances, and so on, and her investments, which make her the real financier of South American development and therefore the beneficiary of its profits. On the other hand, Germany, following the narrow policy of penalising trade and commerce with other countries, explains her own inability to overtake the neighbour with a smaller population and more restrictions in every respect except that of enterprise and courage in public policy. Let freetrade bo abandoned, however, and the source of commercial and industrial strength must shrink. Fiscally locked up as the protectionists advise, England would very soon be reduced to the level of other countries now far below her, and the more swiftly because her geographical isolation makes her dependent on supplies of raw materials from outside, .it is as sole great recogniser of the value of free materials that she flourishes; that, at any rate, is practically what this German authority contends.