ABSTRACT
THE PRESENT position of England is obviously quite different from that of all other countries. England is far in advance of all her rivals with regard to her agriculture and industry, her fleet and overseas possessions, her national wealth, her exports and imports, her efficient means of communication. It may satisfy one's selfesteem to doubt England's superiority but it is neither profitable nor sensible for people in relatively backward countries to indulge in that sort of egotism. A failure to face obvious facts would prevent such countries from judging correctly their true situation when compared with that of England and it would blind them to the way in which England's industrial and commercial supremacy harms their own economic interests.
