The Wilmingtonian., 1885-09-26
EUROPEAN INSECURITY

1t is no wonder that bad name as we
Americans have gained for ourselves in the
European stock markets and bourses for
watering stocks and floating bubble compa-
nies, that in spite of all these commercial
wickednesses our railroad stocks and other
investments are always in healthy demand
in LONDON, Paris, Berlin, and other business
centres of Europe.
The reason undoubtedly is based upon
facts Of political and physical geography.
Simply because wide strip of salt water,
the great herring pond' is between us and
the chickering's and jealousies of European
nationalities.
We may thank our stars that we have no
neghbors We differ advantageously from
Germany, England, Franco, Russia and the
other great powers in that respect. Each of
those countries has its national policy to
maintain, either to rob its neighbor at
weak moment Of some territory which the
former considers rightfully belongs to her
either by reason of racial homogeneity or
Typographical contour One nation claims
that certain range of mountains, or a Ger
tain great river is, or ought to be, the nat
ural boundary of the state, consequently at
the first moment when the neighboring ma
tlon is weakened through the entanglements
the coveted territory is annexed.
Thus France, from time immemorial
claimed the Rhine as her eastern boundary
and at glance at the physical map of Eu-
rope # would appear plausible enough.
But Bismarck claimed Elsass-L -Lothrngen
(the Rheuish provinces) because the people
dwelling there were mostly of German ex-
traction. So Germany has that land now.
But how long will she hold it? The Paus-
lavist theory in Russia also is one just as
strong in that country as the cry for Ger
man unity in the new military empire of
Central Europe. Russia is jealous and hung
ers for the Slav territory of Austria and
Turkey.
There is no guarantee either that th o
semi-Scandinavian territory of Schleswig-
Holsten will long remain an integral por-
ton of the German Empire, the ethnologi-
cal bond is not as strong one as the lovers
of German unity as they use their rose-col-
ored spectacles would wish to suppose. The
same may be said of Hanover, Brunswick
and numbers of other principalities of Ger
many. But there is no doubt Spf6 f, the inte-
this SP5inent The recent troubles in Rourn-
ella, its direct throwing off and and reppdia-
tion of any Turkish sovereignty indicates
too plainly the valuelessness of the great
Berlin Treaty It was definitely understood
at that time that at least there would be no
further sbeariug of Turkish territory and
that the Balkans shonld form the northern
boundary of Turkey proper, while all north
of that range of mountains should have
some form Of neutrality-suspicious..
The treaty of Berlin was supposed to have
settled European boundaries but it has fail
ed as completely as the Treaty of Paris, and
that of Vienna, at the deposition of Napo-
leon the Great. Russia VIGOROUSLY keeps
treaties only as long as doing 50 suits her
purposes. France and Austria patiently
await the demise of Emperor William,
knowing that the perfunctory friendship be-
tween ''Uuser Fritz" and the Iron Chaucel-
lor will last only during the old Emperor's
life hich must soon now draw to its close.
France wants Esass- Lothringen back again
and Austria is anxious for the dsmember
ment OF separation Of the -Ssath Catholic
German principalities from the over-awing
power Of Prussia.
There ara innumerable causes both poiti-
cal and religious, that tend to make matters
insecure over Continental Europe. The
Consuls and government bonds and stocks
uflthose countries are therefore not sought
after for permanent investment, and the ex-
actly opposite fact in regard to our country,
free from powerful meddling nations and in
tact from Atlantic to Pacific seabnard,
make it naturally a chosen object for invest
ing in American bonds aud railroad secur-
ties.
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