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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.Three times in the last fifty years, however, Australians of the rank and file have had the chance to verify what "the papers" told them of the changing world. Dalley sent the New South Wales contingent to Suakim, colonials on active service were scarcely taken seriously: John Bull could thrash the dervishes easily enough.On active service along Australia's lines of communication with Britain, they have felt the heave of big events. But fighting the Boers on the veldt was another business; and Australians came home from it to their federated Commonwealth aware that strong nations were coveting the resources of lands under the British flag.Production Notes: The Australian (1948) edition of this book has been scanned and converted to text, the only change to which here has been that superscripted footnotes at the bottom of the page have been transformed into bracketed notes defined by asterisks and placed at the end of the relevant paragraph. Eggleston, but it is fitting that they should be preceded by an outline of the private activity which they have been ostensibly designed to foster.following account of Australian economic development attempts, to keep in the forefront the private activities by which British settlers in Australia have transformed a prison-yard and hunting-ground of savages into a productive annexe to Europe and Asia, proud of using its labour-saving methods as means to general well-being. Studies of government expenditure on development are being made, notably in the work of the Hon. The scene of the new beginning here studied was a distant and at first despised part of the dowry of that fairest mistress "Trade", for whom Britain, Holland and France long fought.

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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.In clearing the crowded gaols, in producing raw materials and food for the city-dwellers of the old land, they played a role of increasing importance in the grand speculation of industrialism—that experiment on which the British people have staked their capital, their mighty energy, their very life-blood.Australia emerged from the degradation of convictism by taking the place for which Spain had proved inadequate in the divided tasks of growing and manufacturing wool, both formerly discharged by Britain herself.To-day the democracy that rules Australia is disposed to treat history as a record, as well forgotten, of the crimes, follies and misfortunes of others.And Britain's industrial responsibilities as centre of the world economy have again been divided amongst pupils and partners.Without restraint upon external borrowing, no economy can continue sound. Unlucky delays in re-victualling the little white population made equal rations an established rule of early Sydney. It confirmed in economic childishness that first company of marines and convicts.