Show BRITISH CAPITAL INVESTED This is a debtor country England 5s a creditor country That is cone reason Why we are financially crippled while Great Britain flourishes The London I Statist thas given ai epitome of the < amounts of British capital invested j abroad of which < the following is a Summary j Last year < the value of the imports i Into the United Kingdom exceeded the Value of the exports by 1310000001 The British vessels entering and clearing clear-ing with cargoes during the year measured I meas-ured about 50000000 tons which at lOser I lOs-er ton would represent earnings of 25000000 to thIs should be added the earnings of English ships which did not touch at English ports also the commissions and insurances amounting amount-ing in all to 40000000 THie foreign and colonial borrowings during the year amounted to 30000000 while advance ad-vance orders for machinery etc < would account for < 6000000 more Adding 36000000 to the 134000000 excess of imports and deducting the 40000000 referring to the shipping we have asa I as-a remainder 130000000 Large amounts of capital invested < abroad were brought home to London but these Withdrawals were offset the writer thinks by the interest which became due in 1S94 but hiteih the English capitalists did not receive because of default Next the net imports of < Wm and bullion of all kinds amounted to I 10000000 making the tOtal assumed leceipts on capital invested abroad 140000000 Capitalized alt 5 Per cent this sum would represent an invest ment of British capital outside Great Britain amounting to nearly three thousand thou-sand millions sterling or fifteen billions of dollars which probably understates the real amount |