Abstract

The Economic Conquest of Canada
Nearing, Scott | April 16, 1924 issue

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The speedy shifting of economic control which has been one of the outstanding features of public affairs during the past fifty years is nowhere better exemplified than in the checkered career of Canada, a British dominion, at the outset of minor importance, pushed suddenly into the limelight as the largest market for British overseas investments and then, even more quickly, deprived of this source of capital and forced to turn to the U.S. for needed economic surplus. Until about 1900 the amount of British capital invested in Canada was small, the British bankers seeming to prefer Australia, Argentine and the U.S.

See Also:

ECONOMIC history; INVESTMENTS, Foreign; SURPLUS (Economics); BANKS & banking; CAPITAL; CANADA
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