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TRADE WITHIN THE EMPIRE.

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TRADE WITHIN THE EMPIRE. THE question of trade within the Empire excites much en- thusiasm, and a great deal is written about it which ignores some very important facts. We all should like to see the Empire self-supporting, but for the pres- ent this is impossible. The Germans have long aimed at be- ing independent of outside sources, but the grip of our fleet is the most serious menace from which they suffer. We must continue to trade with all the world, firstly because we cannot get all our food and raw materials within the Empire, and, secondly, because we must keep our ship- ping employed. It is physically impossible that 12,000,000 people in the Colonies should supply the needs of 46,000,000 at home Even in the matter of wool we only get 75 per cent of our sup- ply from the Empire, while of timber we only get J ft per cent. As for cotton, the Empire only tupplies 3 per cent. of our needs, so it is clear that we are very far removed from the time when we can become self-contained. It does not follow, however, that we should make no effort towards that end. The experience of the last two and a half years has shown us that the solidarity of the British race is something worth fighting for and paying for, and that our former policy of making ebeapoesei, our first* aim is not only the pureuit of a false ideal, but is also very expensive in the long run. Our Colonies want capital and men, and it will be their business and ours in the future to offer inducement for both to keep as far as possible under the Aug. In that way we shall gradually increase our avail- able supplies of raw niatei-ial,ard at the same time unite the race not only in sympathy, but in commercial interests. i;" -2: I

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