ABSTRACT
In Europe immediate economic results have been the first test of any policy, and politicians have hesitated to recommend anything that might interfere with the greatest possible addition to productivity. The wisest economic policy for the moment may reasonably be regarded as that which grapples effectively with the problem of poverty without creating insoluble problems of political and social adjustment in the present or of racial relations in the future. The actual form that the economic transition will take must depend in large measure upon the political background against which it takes place, and in particular upon the part that it is proposed that Europeans shall play in the future economic system. In Northern Rhodesia European settlers and traders have in the past played a large part in improving the economic status of the Native. Lord Lugard has described it as the counter part in the economic sphere of “Indirect Rule”.
