Are We Ruined By the Germans

Cover Are We Ruined By the Germans
Are We Ruined By the Germans
Harold Cox
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HAVING now shown, both generally and in detail, how absolutely void of foundation are many of the most gloomy statements in " Made in Germany, " we can dismiss Mr. Williams and his fanciful fore- bodings, and examine instead the direct and abundant evidence of the growing prosperity of our country. The first point to notice is the immense development of our shipping industry. In the last quarter of a century the tonnage of shipping engaged in foreign trade enter- ing our ports has more than dou
...bled, and this increase has been steady and persistent, with no retrogression worth noticing in any year. But that is not all. Twenty years ago the proportion of British ships engaged in this foreign trade of ours was only 67 per cent, of the total ; it is now well over 72 per cent. In the same period the number of tons of shipping per hundred of the population, taking entries and clearances together, has risen from 130 tons to 200 tons. No other country can point to such figures. Germany, starting from small beginnings, has improved rapidly, but her totals are insignificant compared with our own.

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