banker, insurer and commodity dealer./2 According to Niall Ferguson, author of Empire: How A Short History of The Round Table Britain Made the Modern World (2003), this Pax Britannica was not only a force for good, but also the "nearest thing there has ever been to a world Cecil Rhodes, founder of the De Beers diamond government"./3 Perhaps it was, though for the millions mining corporation, had a vision of an Imperial of indigenous peoples who had been colonised, often Federation that would re-unify Great Britain and the with great brutality, and whose lands and natural United States and globalise the world. resources were now being plundered by the British while ------------------------------------------------------------------ they were relegated to the status of second-class subjects, the benefits of being part of the British Empire Extracted from Nexus Magazine, Volume 12, Number 1 were somewhat elusive. (December 2004-January 2005); PO Box 30, Mapleton Qld 4560 Australia.
[email protected] Yet, despite all these apparent strengths, Britain was no Telephone: +61 (0)7 5442 9280; Fax: +61 (0)7 5442 longer at the peak of its power, a point it reached in the 9381 1870s. Indeed, the start of the 20th century marked the From our web page at: www.nexusmagazine.com final phases of its inevitable decline. The er osion of British power was occurring on two fronts: first, through by Will Banyan © October 2004 the imperial expansion of the other European powers, Email:
[email protected] which impinged on its military dominance; and second, by the gradual loss of its industrial and commercial “But for [King] George III, war would have been supremacy, upon which its military might had rested.