ECONOMIC SUGGESTIONS ON THE 

 BRITISH EMPIRE. 



By SIR VINCENT H. P. CAILLARD, 



FORMERLY PRESIDENT OF THE COUNCIL OF THE ' DETTE PUBLIQUE,' CONSTANTINOPLE. 



Demy &vo. 145. nett. 



The great prosperity which has attended the United Kingdom, or, at 

 any rate, that part of it called Great Britain, during the greater part of 

 the last half of the nineteenth century has led to a general belief that 

 the economic principles upon which our trade policy has been based 

 during that period embody an immutable truth, any transgression of 

 which must be followed by a fatal contraction of the trade of the British 

 Empire and of the wealth derived from it. No account is taken of 

 other conditions, of which some essential to the success of a policy of 

 Free Trade, and others working concurrently with it and contributing 

 largely to our commercial prosperity, have now disappeared. A spirit 

 of optimism based on that prosperity has laid fast hold of us, and now 

 leads us to suppose that, whatever happens, good fortune must always 

 attend us provided we adhere to our present policy of Free Trade. 



In ' Economic Suggestions on the British Empire ' an attempt is 

 made to show that this spirit of optimism is ill-founded, and, if 

 obstinately adhered to, will probably bring about results very different 

 from those which are expected. The economic history of our chief 

 trade rivals, principally the United States and Germany, is summarily 

 traced, and it is shown how, by keeping clear of the principles which 

 guide us, they have of late years increased in prosperity more rapidly 

 than we, and are now competing with us at an unfair advantage. An 

 endeavour is further made to show that, although the general trade 

 conditions of the world have so altered that we cannot, by a strict 

 adhesion to our present principles, hope to maintain our prosperity, yet 

 that, by taking advantage of the great possibilities to be found within 

 the confines of the British Empire, we may not only maintain it but 

 increase it, while largely strengthening the bonds of Imperial unity by 

 the promotion of mutual interests. 



ACROSS ICELAND. 



By WILLIAM BISIKER, F.R.G.S. 

 Demy 8vo. With nearly fifty Illustrations and Maps. 1 25. 6tt. 



This is the record of an extremely interesting journey across the 

 Island, traversing some parts hitherto unexplored. 



