United Kingdom and The New Imperialism
Further information: British EmpireThe United Kingdom in the 1870s remained the world's foremost industrial power, but her share of world manufacturing output was already falling before the impact of international recession. Like the Dutch a century and a half earlier, the British coped with relative commercial and industrial decline in the latter half of the 19th century by becoming the world's preeminent bankers, and invisible exports of financial and shipping services alone kept the United Kingdom ‘out of the red.’
Read more about this topic: Rise Of The New Imperialism
Famous quotes containing the words united and/or kingdom:
“The Federated Republic of Europethe United States of Europethat is what must be. National autonomy no longer suffices. Economic evolution demands the abolition of national frontiers. If Europe is to remain split into national groups, then Imperialism will recommence its work. Only a Federated Republic of Europe can give peace to the world.”
—Leon Trotsky (18791940)
“A box of teak, a box of sandalwood,
A brass-ringed spyglass in a case,
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Last kingdom of a gold forgotten face,
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