[The Iron Heel by Jack London]@TWC D-Link bookThe Iron Heel CHAPTER IX 16/56
And now for the next step. Suppose the United States disposes of its surplus to a country with undeveloped resources like, say, Brazil.
Remember this surplus is over and above trade, which articles of trade have been consumed.
What, then, does the United States get in return from Brazil ?" "Gold," said Mr.Kowalt. "But there is only so much gold, and not much of it, in the world," Ernest objected. "Gold in the form of securities and bonds and so forth," Mr.Kowalt amended. "Now you've struck it," Ernest said.
"From Brazil the United States, in return for her surplus, gets bonds and securities.
And what does that mean? It means that the United States is coming to own railroads in Brazil, factories, mines, and lands in Brazil.
<<Back Index Next>> D-Link book Top TWC mobile books
|