THE CONQUEST OF BREAD by P. Kropotkin CHAPTER I Our Riches I THE human race has traveled far since, those bygone ages when men used to fashion their rude implements of flint, and lived on the precarious spoils of the chase, leaving to their children for their only heritage a shelter beneath the rocks, some poor utensils--and Nature, vast, ununderstood, and terrific, with whom they had to fight for their wretched existence. During the agitated times which have elapsed since, and which have lasted for many thousand years, mankind has nevertheless amassed untold treasures. It has cleared the land, dried the marshes, pierced the forests, made roads; it has been building, inventing, observing, reasoning; it has created a complex machinery, wrested her secrets from Nature, and finally it has made a servant of steam. And the result is, that now t...
The important question as to the amount of British capital invested in the colonies and in other countries has only quite lately received due attention. For the last ten years or so one could find in the "Reports of the Commissioner of Inland Revenue" a mention of the revenue derived from British capital invested in foreign loans to States and Municipalities and in railway companies; but these returns were still incomplete. Consequently, Mr. George Paish made in 1909 and 1911 an attempt at determining these figures with more accuracy in two papers which he read before the Statistical Society.1 Mr. Paish based his researches on the Income Tax, completing, these data by special researches about private investments, which do not appear in the Income Tax returns. He has not yet got to the end of his investigation; but, all taken, he estimates that the yearly income received by this country from abroad from different sources reaches &poun...