Thursday 20 September 2018


If HMS Endeavour has indeed turned up, then remember that, under various names, she was a collier that powered the Industrial Revolution with coal from the North East, she was a discoverer of new worlds, and she was at least present at the birth of the American Republic.

None of this was without pain, just as there were terrible aspects to the expansion from the original Thirteen States all the way to the Pacific, then to global superpower status, and even to the Moon and back.

Or to the transition, in a mere 44 years, from the feudal Tsardom to the capacity to send a man into outer space and return him safely to earth.

Only with the utmost caution should we presume to judge today's Asia, Africa or Latin America.

There is still plenty of coal in the North East, waiting to power reindustrialisation. There are still new worlds to be discovered; it is not a coincidence that there is also a Space Shuttle Endeavour.

And America, like Britain, is crying out for the Hamiltonian American System, as expanded by the American School, which made America the world's largest economy, with the world's highest standard of living: large amounts of federal credit, at low interest rates and over a long term, to build great national projects, notably enormous expansions in infrastructure, which then pay for themselves many times over.

America urgently needs all of that, and so does Britain. Like America, Britain urgently needs industrial protection through tariffs or subsidies; I prefer the latter, where possible.

Like America, Britain urgently needs targeted government investment to improve infrastructure on a colossal scale.

And like America, Britain urgently needs a National Bank that promotes the growth of productive enterprises rather than speculation. Brexit offers Britain these opportunities at last.

These days, this is hardly the stuff to enthuse most Labour or almost any Conservative MPs. Another hung Parliament is coming, however, and our people need to hold the balance of power in it.

My crowdfunding page is here, or email for other options. That address accepts PayPal.

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