'During the past year our trade with our Indian Empire was larger than our trade with any other country in the world, with the exception of the United States, amounting to no less a sum than £64,000,000. If, again, we merely confine our attention to a comparison of our exports to India with our exports to other countries, we shall find that the same statement holds good, namely, that the exports of Great Britain to India are greater than those to any other country in the world except the United States, amounting as they do to £34,000,000, whereas our exports to France do not exceed £24,000,000, and to Germany £27,000,000. In fact, India's trade with the United Kingdom is nearly one-tenth of the value of the total British trade with the whole world. ... In 1888 she took £21,250,000 worth of our cotton goods {245} and yarns, out of a total of £72,000,000 worth exported to all countries, whereas China only took £6,500,000 worth, Germany £2,500,000 worth and the United States £2,000,000 worth. Again, if we take another great section of British exports, such as hardware, machinery and metals, we find that out of a total export of £36,000,000 to all countries India in 1888 took £5,750,000 worth, whereas we only sent £3,000,000 worth to France, £1,750,000 worth to Russia, and £750,000 worth to China. 'These figures, I think, should be enough to convince the least receptive understanding what a fatal blow it would be to our commercial prosperity were circumstances ever to close, either completely or partially, the Indian ports to the trade of Great Britain, and how deeply the manufacturing population of Lancashire, and not only of Lancashire, but of every centre of industry in Great Britain and Ireland, is interested in the well-being and expanding prosperity of our Indian fellow-subjects. Indeed it would not be too much to say that if any serious disaster ever overtook our Indian Empire, or if our political relations with the Peninsula of Hindostan were to be even partially disturbed, there is not a cottage in Great Britain, at all events in the manufacturing districts, which would not be made to feel the disastrous consequences of such an intolerable calamity.' There is another point to consider. The rapid growth of our vast Indian commerce has been largely due to the application on an immense scale of British capital {246} for the opening up of the country by railways and canals, and for the conservation and distribution of water by systems of irrigation. It is estimated that £350,000,000 are thus invested, to which must be added other large sums employed in various forms of industrial enterprise; the profits and interest of all this capital flowing back steadily to the United Kingdom, and evidently secured only by British dominance.