Chaos Or Cosmos

Cover Chaos Or Cosmos
Chaos Or Cosmos
Edgar L Edgar Laing Heermance
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, 96.
COLONIES AND TEADB 253 able investment. The making of goods called for by such contracts may act as a stimulus to home industry. How far the people as a whole are benefited will depend on what the colony costs the home government. In many cases, as we shall see, colonization has proved an expensive luxury.
We pass to the developing of local resources in the colony or sphere of influence. In the majority of coloniz- ing countries, the prevailing idea of colonial management may be termed pe
...rmanent exploitation. The acquired territory, or valuable portions of it, is looked on as an estate, to be worked in the interest of its European owners. Plantations are laid out for the growing of tropical prod- ucts. The marketing of these products proves a source of wealth to the home government, or to groups of citizens in the exploiting nation. With this we may class the mod- ern development of mines and smelters, oil wells and re- fineries, and other industrial enterprises. Indirectly the entire world may benefit, through the increased production of needed goods.

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