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India, China and Japan are well started on the road to industrialism. Ages earlier, larger streams had carved out the deep valleys drowned under Port Jackson.In a review of "The Food Supply and Resources of China", read during a recent Pacific Science Congress in Java, a Chinese economist, Shih Tsin Tung, concluded that industrialization and rising standards of living in China would force an increasing percentage of her 492 millions to rely on imported cereals. His countrymen, already consumers of 235 million "tan", or about 920 million bushels, of wheat, would therefore find it imperative to change their food habits. Back to Colonizing BOOK THREE THE COMMONWEALTH XXI. The headwaters of those streams had been captured in some great earth change by the Nepean-Hawkesbury river-system.Progress on these lines is the logical result of the broader market for Australia's staple exports. The Gold Rushes of 1851-1860 BOOK TWO COLONIAL PARTICULARISM XII. Agricultural Settlement in the Southern Colonies XIV. Possibly the officials of a colony that was primarily a prison cared no more than the aborigines to know what lay beyond the ranges. Taylor's article on "Economic Geography" in the Australian Encyclopaedia, vol. The intruders found a forest-clad country—unkempt, uncanny and unknown.
Self-sufficiency in finance would be the reward of self-respect. As their harvests were swept away almost as often as not, the exiles found their main support in the stores and clothing brought from overseas and served out by the naval captains still in command.
The more the policy of a hermit Australia succeeded, the more surely would it bring slothful intellectual standards, and, as a consequence, material decay, until, with scorn, some sea power from the world where necessity had maintained knowledge and energy knocked in the closed door.
If she will but rouse her vigorous people to face facts, Australia's geographic position and relative immaturity offer her a role in the world economy of greater importance than that which she has already effectively filled.
The sense of a permanent and secure world was shaken. Keynes, "the most interesting question in the world (of those, at least, to which time will bring us an answer)" was "whether, after a short interval of recovery, material progress would be resumed, or whether, on the other hand, the magnificent episode of the nineteenth century was over." At first it seemed that a prosperity greater than that of pre-war times had come.
During the campaigns of 1915 to 1918, in numbers as great as the Commonwealth could muster and partly equip—numbers whose going heavily checked the work of farms, wharves and mines—Australians helped other Britons and their Allies to meet the armed challenge. Home and external markets moved from strength to strength, with little faltering even in 1920-21 when Britain plunged into the long depression that grips her still.This book would not have been written but for the encouragement given to the author by Professor Ernest Scott, as Australian Adviser for the seventh volume of the Cambridge History of the British Empire. In early Sydney this special department of British life was separated, isolated and given the appearance of a new community.