Page 410 - clra62_0019-(GIPE)
P. 410

402        ECONOMIC  INQUIRIES  AND  STUi>IES
                                                         t
                  partmental view of the Post Office,  whereas  there are
                  other  considerations  of a  vital  kind  for  the  Empire
                   that  should  not  be  overlooked.  If  we  are  to  be  a
                   united Empire, the whole body should be knit together
                  by  lines  of  steamers  under  the  Imperial  flag  which
                  omit  no  port of consequence,  present  or prospective,
                  in  their visits-direct  lines  of steamers, for  instance,
                  between East and South Africa and the mother country,
                  or between East and South Africa and India, Australia,
                  and  Canada.  In this  matter  we  must  add,  after  the
                  evidence laid  before the Shipping  Subsidies Commit-
                  tee, that the IIl1:perial  authorities, hitherto, have  been
                   remiss.  "Unconsidered  trifles"  of  trade  between
                   British  ports  have  been  left  for  our German friends
                  to pick  up, and  the  employment of  British  shipping,
                  essential  to  the  life  of  the  Empire,  has  been  corre-
                  spondingly diminished or checked.  This ought not to
                  be.  Adequate shipping facilities  under the British flag
                  should be provided between all parts of the Empire as
                  a  matter  of  the  common  business  of  all.  A  special
                  union for  such  an  end, besides  the immediate good it
                  would do, would  clearly help  towards  a  more  general
                  federation.
                     Monetary union, again, should  be  promoted  as  far
                  as practicable, and the subject, at any rate, should be
                  studied  in  common.  A  complete  union  for  this  pur-
                  pose, at any rate for along time, for the reasons already
                  given,  appears  to  be  out  of the  question.  But  the
                  money of the  mother country is already the money of
                  South Africa and Australia, and there are some points
                  in  which  these  portions  of the  Empire  are  mutually
                  interested with  us,  such  as  the division  of the  profit
                  on token coinage and the arrangements as  to  the  in-
                  trinsic value of such coins, which ought not to be left,
                  as they now are,  to the decision of the mother couht;:y
                  alone, or to  be  matters  of direct  6>rrespondence and
                  bargain with~ach colony.  A complete monetary union
                  is also more likely to come  about all the sooner if it is
                  a subject of regular official discussion.
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