The important question as to the amount of British capital invested in the colonies and in other countries has only quite lately received due attention. For the last ten years or so one could find in the "Reports of the Commissioner of Inland Revenue" a mention of the revenue derived from British capital invested in foreign loans to States and Municipalities and in railway companies; but these returns were still incomplete. Consequently, Mr. George Paish made in 1909 and 1911 an attempt at determining these figures with more accuracy in two papers which he read before the Statistical Society.1 Mr. Paish based his researches on the Income Tax, completing, these data by special researches about private investments, which do not appear in the Income Tax returns. He has not yet got to the end of his investigation; but, all taken, he estimates that the yearly income received by this country from abroad from different sources reaches &poun...
Our Synthetic Environment Murray Bookchin CHAPTER ONE: THE PROBLEM Our Changed Environment Life in the United States has changed so radically over the past one hundred years that the most wearisome historians tend to become rhapsodic when they describe the new advances that have been made in technology, science, and medicine. We are usually told that early in the last century most Americans lived heroic but narrow lives, eking out a material existence that was insecure and controlled by seasonal changes, drought, and the natural fertility of the soil. Daily work chores were extremely arduous; knowledge, beleaguered by superstition, was relatively crude. Historians with an interest in science often point out that medical remedies were primitive, if not useless; they may have sufficed to relieve the symptoms of common diseases, but they seldom effected a cure. Life was hard and precarious, afflicted by many tragedies that can easily be...