The book American World Policies was written by author Walter E Walter Edward Weyl Here you can read free online of American World Policies book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is American World Policies a good or bad book?
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Better access to raw material and a wider market for manufactures 142 AMEEICAJST WOELD POLICIES means a flourishing national industry, steadier employ- ment, better wages, and a prosperity of the whole popula- tion. A similar argument is made for investment in colonies. The whole nation is benefitted if its capital brings the largest returns, and these are to be obtained only abroad and by an imperialist policy. This diversion of profits, works itself out in various ways. By swelling the income... of the wealthy classes, for- eign investment increases the expenditure at home for the labour of nationals, thus leading to steadier employment and higher wages. The servants of England are supported by India, Egypt and the Kand Mines, as also by the profits on 'New York real estate and American rails.^ The dis- tribution of such income, moreover, is a matter over which the British nation has the final say. The entire national dividend, whencesoever derived, is a fund out of which all social improvements may be paid.
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