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Weighed and not wanting
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Weighed and not wanting
Weighed and not wanting. Illustration shows a bloated Uncle Sam labeled Balance of Trade sitting on one side of a scale labeled Commerce of the World and outweighing the group of nations on the other side of the scale, Greece, Spain, China, Russia, Mexico, Africa, Germany, France, England, Turkey, Japan, and Asia.. Date 1901 March 13. Weighed and not wanting. Illustration shows a bloated Uncle Sam labeled Balance of Trade sitting on one side of a scale labeled Commerce of the World and outweighing the group of nations on the other side of the scale, Greece, Spain, China, Russia, Mexico, Africa, Germany, France, England, Turkey, Japan, and Asia.. Date 1901 March 13
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Weighed and Not Wanting - The Burden of the Balance of Trade, 1901
EDITORS COMMENTS
This powerful and thought-provoking illustration, published in Puck magazine on March 13, 1901, depicts a bloated Uncle Sam, labeled as "Balance of Trade," sitting on one side of a scale labeled "Commerce of the World." The other side of the scale is overburdened with a group of nations, including Greece, Spain, China, Russia, Mexico, Africa, Germany, France, England, Turkey, Japan, and Asia. The caption "Weighed and Not Wanting" underscores the sense of unease and imbalance that this image conveys. At the turn of the 20th century, the global economy was undergoing significant changes, and the United States was rapidly emerging as a dominant economic power. This illustration reflects the growing concern among European nations about the potential economic consequences of American industrialization and expansion. The image of Uncle Sam, a symbol of American power and influence, outweighing the combined weight of the other nations on the scale, highlights the unequal economic relationship between the United States and the rest of the world. The illustration also underscores the importance of the balance of trade, a key economic concept that measures the difference between a country's exports and imports. In this case, the United States is shown as having a significant trade surplus, which gives it a disproportionate influence over global commerce. The image serves as a reminder of the complex economic interdependencies that existed between nations at the turn of the 20th century and the potential consequences of economic imbalance. Overall, this illustration is a fascinating snapshot of the global economic landscape at the turn of the 20th century and a reminder of the enduring importance of the balance of trade in shaping international economic relationships.
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