CHAPTER III
ECONOMIC IMPERIALISM IN ASIA

THE methods by which the lands and peoples of Africa have been subjected to Europeans and delivered over to economic exploitation are the ancient methods of war, conquest, and annexation. European States have absorbed the kingdoms and countries of Africa only under the primeval right of the stronger to enslave the weaker. It is a comparatively unimportant fact that slavery in the modern world no longer generally takes the form of crude physical compulsion and legal ownership in the body of another man or woman. The modern economic form of slavery may be less distressing to the consciences of sentimental people, but it is just as effective as the old.

Economic imperialism in Asia has developed some peculiar features which distinguish it from the African variety and which deserve careful study. They are, however, far more complicated than the comparatively simple phenomena which

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