70 How to Pay for the War 



C. and D. on the same terms. This is as it should be ; 

 we must learn how best to organize and utilize the energy 

 and enterprise of the, at present, unattached unit, or, in 

 other words, the nation's commercial interests must be 

 consolidated so as to enable all, millionaire and hundred- 

 pounder alike, to do their share in pushing the trade of the 

 Empire abroad, and increasing the demand for labour at 

 home. 



But at present " the machine " — that is, the organiza- 

 tion and co-operation of the various units— is altogether 

 missing. I hope the present crisis will call attention to 

 this important omission and bring about its establishment, 

 not only for the good of the individual, but also to enable 

 the Empire as a whole to obtain those " last few hundred 

 millions " which this Journal, and now our Chancellor of 

 the Exchequer, recognizes as being the one thing necessary 

 to always place us ahead of our competitors and to keep 

 us there. 



CHAPTER XII. 



British v. German Methods of Expansion in 



Latin America. 



Tropical Life, November, 1916. 



We are glad to see that the Trade and Industry 

 Committee of the Royal Colonial Institute has received 

 the following statement as to the possible extension of 

 British trade in Latin America, which entirely bears out 

 all that we have claimed in connexion with this country's 

 indifference to our neglect of the magnificent trade 

 openings out there, openings as numerous, as vigorous, 

 and as endless as the waterways of that continent ; it also 

 supports our contention that British interests are not, 

 by four-fifths, adequately represented throughout Latin 

 America; that is to say, there should be at least five 

 Englishmen out there after the War to each one that we 

 could boast of before August, 1914. 



What this country and its Overseas Dominions particu- 

 larly want to establish in Latin America are several strong 

 commercial and trading banks on the lines suggested in 

 our February issue to place within the grasp of enterpris- 



