Show aja D batish INCOMES an interesting comparison between great britain and germany as invest ors outside their own boundaries is made by edgar speyer the well known london banker in a letter to the figures supplied to him by pi of arndt of frankfort on main show that in recent years germany has been making large investments abroad and that in a comparatively short time 7 of german money has been invested in foreign securities and industries germany s annual income from this enormous investment is between and adding to this the sum she receives from her shipping commissions ansur ance and other sources her total year ly income from foreign investments is great britain s income from similar sources is but the differ ence between the incomes of the two countries has in recent years been rapidly narrowing in favor of ger many because great britain has failed to invest any appreciable amount of capital abroad for nearly a decade doubtless the rule that prosperous people usually become more lavish in their expenditure will also apply to germany says mr speyer in fact there are already signs that the coun try is beginning to consume at home a larger portion of its growing wealth it this tendency he continues to spend more at home in order to live in greater comfort develops in ger many at the same time that great brit ain becomes more economical great britain will again invest abroad the more largely and great britain s ex port trade and income from her for eign investments will grow more rapidly than germany s |