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improvements of the igth Century could have brought about. In China and Asiatic Russia huge territories with populations of hundreds of millions were opened up by material force, and by the wealth of France and England freely placed at the disposal of the European bourses. Only the possessions of Great Britain and Holland were not fenced in by tariffs; British India, J ava and other possessions under the rule of those countries were as free to German commerce as to that of their own. The German merchants had but to walk in, and so they did, for generations. German business houses in those parts, played a leading role.

In the dayswhenGermany was torn topiecesby her own quarrels which caused the thirty-years' war, Portugal, Spain, England and Holland and France had created colonial Empires which extended to all parts of the world. Those empires, built up by their treasure and their b\oo&,were now open to the trade of Germany. Germany had not furnishedthe men, who.centuriesbefore, had set out in tiny sailing ships, in quest of unknown lands, which they were to link to the white man's civilisation, which Germany aspires to lead, now that the real work has been done. Germany had not sent out the hardy colonists, who, with only the scanty resources of bygone days at their disposal, had nothing but their faith, their courage and their energy to transform into gardens, cornfields, plantations, and mining districts the wilds of Asia, America, Africa and Australia. Germany had not opened up Japan, or

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