Page:The New Protectionism.djvu/76

This page needs to be proofread.

CHAPTER IV

PROTECTION NO DEFENCE

The Report of the Paris Economic Conference represented the Empires of Central Europe as "to-day preparing in concert with their allies a contest in the economic plane which will not only survive the re-establishment of peace, but will at that moment attain its full scope and intensity."

In a recent interview with a representative of the United Press of America, Mr. Runciman is reported to have said: "Germany has announced that at the conclusion of the war she will attempt to establish a Customs Union of the Central Powers on aggressive lines." The general idea appears to be that Austro-Hungary should allow German science, business enterprise, and finance to develop and organize its natural

52