Speech #530132524

We saw Japan. that we have been taught to look upon as a semibarbarous country. establish woolen mills and cotton factories. I do not know the exact number. but I am told that one mechanic reports that he went out there this year to set up twelve of those establishments. the machinery goingfrom England. Japan has established a steamship line to Bombay and other Asiatic ports. and she has prosperity. Look at the increasing manufactures of China. This policy will transEer manufacturing from Europe and give it to the Asiatics. who will have the advantage of money. They will take the place wenow occupy if we submit to the iron yoke of the money rule. more galling than any other despotism. and fromwhich all despotism flows Look at Italy. Twenty years ago she had a Liberal Parliament.