The times. [volume] (Richmond, Va.) 1890-1903, 1895-02-16

wealth and progress and that is now the
most essential power in the possession OF
any of the great governments that exist
in the world to-day.
He has established that as a PROPOSE
ton OF universal political economy. i
cannot call IT anything else. lie has gone
on TO describe It in its application 10 va
rious countries. their commerce and their
growth In every particular, and he has
demonstrated that In the proportion
nation has cultivated commercial inter
course upon the sea with other nations
she has become rich and powerful. He
has also demOnstrated-it Is "A fact that is
apparent upon the face Of it-that the
development OF the commerce OF any ma
ton upon the sea must BE attended with
&. navao power, which accompanies ana
protects that commerce. The nations OF
the world are not a society OF Quakers'
they are not dealing with each other'
Mr. President. with gloved hands. the
rivalry between the nations Of the earth
I'm the commercial sense, as well as in
every other sense. is mastery activity,
attended with all possible display of force
on every occasion when a display of force
is necessary, and that force is brought
TO the front when the least infringement
is made Of the commercial rights ana
privileges Of a nation by any other power
thus showing It's vital interest as recoS-
nized by all governments in the preserva-
tion OF the power that develops and pro
tects her commerce.
Captain Mahan very justly. | think, be-
slowed some high compliments upon
Great Britain for her success as com
mercial and Warike nation. He has
lauded her for her commercial policy,
and he has shown that IL was not the
coahSuration Of those Islands that was
the cause of British ascendenCy upon the
sea and British commercial ascendency;
II was not the cOntiguration OF the shores
Of the islands OF Great Britain that en-
abled her to become the clearing house
OF tho world for its commerce or has en-
abled her TO dictate d gold p0-icy TO
President Cleveland and our Govern
ment-it was not that. II Is her CONNER
cial power; IL IS her wealth acquired
through her sea power.
she has made her wealth by her com
mercial activity, and having got "A good
start. good bank account and a large
amount Of money which she could lend
at interest and shave other peoples paper
with, she has piled up lucre enormous
ly. and we are to-day facilitating our
selves Chat she. naturally enough. VIII
lend MS some money on our bonds. That
Iehci,ation came in here this morning,
and We were made happy by the an
nouncement that the larger part Of
loan Of fifty or sixty million dollars was
actually negotiated on the other side OF the
sea. Those people have 50 much faith I'm
us that they are willing 10 take our paper
at four per cent, and let US have at least
onc-half OF $t00j0,0GO and they safely cal
Culate that we viii be their best customer
for their loan offices. so long as they can
use the vast material We produce as
certain basis OF their commercial enter
prise
1t is not the connguration Of Great
Britain which has done all that; II IS
Great Bri:ains commercial power based
UpGn her sea power. Great BritdinS COM
mercial power would have been as subject
TO raids and Outrages from other nations
of the earth If she had 10 navy with
which to protect IL and 10 attend IT IN lis
navigation through the seas OF the "crld,
and she would have been as unprotected
as your commerce was when we hdi the
Alabama ard the Shenandoah out upon
the high seas taking shelter under Brit
ish cover or of those outpOsts which lie
around ue. which enabled the Cohlcd-
cracy 10 destroy your shipping uhtll you
hid Your flag and took the BRUSH nag
and hoisted it at the head of your shlIs'
What. at bottom, is the proposition
which Captain Mahan contends for that
has made such a profound impression up
ON the world? What is it but the prin-
ciple of free trade? His theme is that
the ocean lies spread out before man
as the worlds highway, over which
all the inhabitants Of the world have
equal right Of travel. That the people
which first appreciated this fact and be-
stirred to make the greatest use Of 1t
has reaped a goodly harvest from that
use. and that any other people which
learns it and makes the same use of it
will be Immediately qualifying itself to
share in that rich harvest which Great
Britain has been so long enjoying.
The particular point made by senator
Morgan was this: The Pacific ocean is
so wide, says he, that continuous line
Of cable all the way across il will not
work. There must be a rest. The
Sandwich Islands are so located that they
must be the restingplace Of any cable
line that might be constructed across the
Pacific, never mind from what point it
started on this continent or on the Asiatic
coast. We have. says he. under a treaty
Win lldN an Ait IlHHL ~ pciDtludi bpo-
session of Pearl Harbor Let this Gov
eminent. then, construct a cable to Pearl
Harbor, and all others that go hence
to the East, or that come from the East
this way, must end with it, their mes
sages to be transmitted from that point
wherever they may be going over our
line. We thus become as eifectually mas
ters Of the entire Pacific ocean and Of all
the trade of the East as though We had
fortified islands and garrisons spotting
1t al over.
Senator Morgans argument is entirely
convincing to US. and we think there
should be no hesitation about appropra-
ting the money necessary TO construct
the cable line.
EREE SiLyER-fGtJE DEFIANT
4 q Times Taken Severely to Task for it's
Financial Views