Five centuries ago large parts of eastern and western England were impenetrable morasses. These have entirely disappeared before the skill of the engineer.
N. S. Shaler says, "The total area of the inundated lands of the United States probably exceeds 115,000 square miles, counting only those flooded areas which are at present unsuited by their excessive humidity for agricultural use, but which may be won to the service by engineering devices such as have been applied in the regions occupied by older civilizations."[I] This is more than 73,000,000 acres of drainable swamps and marshes. Lands more easy of access have, in the past, so occupied our attention that these lowlands have thus far been almost entirely neglected. They are located along our northern, eastern, and southern borders in close proximity to water transportation and to the large cities of the seaboard. They can be drained, as were the swamps of England. Their fertility will make this profitable, and they will support a large population.
The public highways of the United States are, on the whole, in anything but a desirable condition, and their improvement is a good investment for the commonwealth. We have railroads to build, harbors to deepen, and canals to dig. The United States is young yet, and tremendous tasks await her labor and capital.
In this country, so full of promise for the future, we are still using borrowed foreign capital. In The Forum for February, 1895, Mr. Alfred S. Lauterbach said, "That the people of the United States require European capital for the full development of the great resources of our country there can be no doubt." The same author made a "very conservative estimate," and said that we owed to Europe annually:
| "For dividends and interest upon American securities still held abroad, minimum | $75,000,000 | |
| "For profits of foreign corporations doing business here, and of non-residents, derived from real estate, investments, partnership profits, etc., about | 75,000,000 | |
| ————— | ||
| $150,000,000 | " |
That is to say, we were paying a five-per-cent interest on $3,000,000,000 of foreign money.
As to the second assumption: It is claimed by some that we should have the Philippines because they will furnish us the tropical products that we are using in ever-increasing quantities. Two things are revealed in the examination of our needs of tropic products and a comparison of the Philippines with the American tropics: 1. That the Philippines are at a great disadvantage in location. 2. That America is of sufficient area and natural wealth to meet all our needs, and more.
As to location: It is a first principle of commerce to get supplies where they are most accessible. It is about ten thousand miles from New York to Manila, twelve hundred to Havana, and eighteen hundred to the continent of South America. Under these conditions the freight rates must always discriminate in favor of tropic America. The disadvantage of the Philippines is increased by the fact that the ships going from San Francisco or Panama to Manila are compelled to carry their coal three thousand four hundred miles at one stretch—from Honolulu to Yokohama, the most available route. Then, again, a large part of our tropic trade, and one that shows promise of the most growth, is in the green fruits, such as cocoanuts, pineapples, lemons, oranges, and bananas. Of the last article our imports have doubled every five years since 1865. On account of distance it is not practicable to bring any of these fruits from the Philippines, but there is no limit to the amount of trade that can grow up on the lines that are now beginning to form between us and our southern neighbors.
As to the fitness of tropic America to supply our needs: There are Central America, South America, and the West Indies. An examination of their area and productiveness shows that there is little to induce American industry to control any part of the Eastern Hemisphere. Of the 17,000,000 square miles that make up the Western Continent, the tropics make up 5,000,000 square miles—an area sufficient to make more than one hundred States as large as Pennsylvania; an area nearly fifty times as great as the Philippines. The variety of its productions is scarcely excelled even by the East Indies. There are only two important tropic products imported into the United States that are not already largely produced on this continent. They are Manila hemp and tea, and it would appear that the reason they come from the East is because of present labor conditions there. Manila hemp is a sort of half-wild product that may yet have an introduction to our rich tropics just as the potato was introduced into Europe, and many of our crops have been introduced from Europe. Even the tea plant thrives in the warm regions of America as far north as Tennessee. Small quantities of tea are now grown in various parts of America,[J] but the cheap labor of the East has made it unprofitable here. We are at the present time getting nine tenths of our tea from India, where Anglo-Saxon care has developed the industry and is fast driving China out of the tea market of the world.
There is a difference when it comes to the two great tropic staples of coffee and sugar. Our imports of these two articles in 1897 were valued at $180,000,000, while the imports of tea were less than one twelfth as much. At the present time nearly all the coffee used in the United States comes from Central and South America, whence also comes the greater part of the world's supply. The declining price of coffee indicates that we shall get it under more favorable terms in the future.