ABSTRACT

This chapter considers the question whether in the present time there are sufficient colonial areas in the earth to provide markets for the manufactured goods of the highly industrialized States and sources of raw materials and areas for the investment of their surplus capital. Having regard to a necessary minimum which all highly industrialized countries must import, and having regard to the necessity for development of exports for war debt payments, it is natural that the search for investment fields and markets has become more and more keen since the war. The chapter also considers the position of India as an outlet for British goods and capital since the war. In Japan an increase of something like £30 million British investments of capital seems to have taken place since the war. This is largely accounted for by the big 1924 Japanese Government loan of £25 millions to replace the damage of the earthquake.