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184 and of the two it is the more logical, because the tendency of colonies to become independent units is an historical fact.

The best argument for the retention of the colonies so long as possible is that if independent to-day they would become the property of Germany or some such nation to-morrow. Were England to renounce all ties, South Africa would become German South Africa, Canada part of the United States and Australia a portion of the Japanese Empire. What England would actually lose thereby is difficult to assess. She would certainly not lose financially, for the colonies represent no income while they do represent a loss in the expenses of their naval defence. On the other hand it is probable that trade outlets would be restricted thereby through tariff walls created by the new proprietors—all of whom would rule with heavier hands than England. Canada as a portion of the United States might continue to flourish; but South Africa and Australia would alter very considerably and the present inhabitants become something like 'hewers of wood and drawers of water' to their German and Japanese conquerors. Therefore these two at any rate are very considerable gainers by the existing state of things—a point by no means sufficiently recognised. The question, indeed, is far more whether the Mother Country can afford to continue owning them, than whether they should demand sacrifices from England. It is they who are the chief gainers by things as they.