The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1895-12-23
THE REAL WAR.

publish the following editorial, which
appeared in Saturdays Oregonian. 1t
is about the best of the many articles
written on the present situation, which
has come to our notice, and should be
read by all persons interested in this
country and its future. The suggestions
which are made are capable of being
carried out, ana the sooner they are put
into effect lie better it will be for the
people of the United States. The Ore
gonian voices the sentiment OF fair
minded people when it says:
Probably actual armed conflict be-
tween England and the United States
will be averted for the present by the
prudence of both governments. The
United States is not prepared to fight
ANYBODY, and Great Britain is sure to
have her hands full in the East before
next summer. But the diplomatic clash
over Venezuela reveals clash of poll
cies and purposes long understood by
thoughtful persons in the United States,
and often pointed out by The Oregonian,
and now clearly recognized by Sir
Charles Dixie, the cleverest British Dip
lomat. This contaius the potency of
armed conflict. which may be delayed,
but cannot be prevented. It's arrival is
as certain as the procession OF the equi-
noxes.
Meanwhile this coming clash of arms
will be anticipated by clash of business
interests. There will be a war of
bourses and tariffs before there is con-
mil ho
a financial and commercial war as soon
as the forces can be mobilized, and this
is quicker work than the organization of
armies or the preparation of naval ex-
pedients. The first blow in this war has
been struck already by the concerted
movement of great London fnanciers, in
close touch with the government, to
dump large quantities of American Sc
curities upon the New York market.
This already has had the expected effect
in causing two or three failures and
bringing about general feeling of inse-
curity and alarm in financial circles, adj
ding to the ever present danger of shock
to the national credit by new drain of
gold.
emergency of real war, with judgment
and courage. The condition of our
finances constitutes as great a state Of
unfitness for war as the weakness of our
army and navy. We cannot hope to
meet the strain of even the preliminary
conflict of stock markets without taking
some measures to amend our currency
system. The president pointed out the
way in his message to congress, and he
enforces it in supplementary commu-
nication, urging that body not to take
even holiday recess until it shall have
given assurance>that the national credit
will be protected and the stability OF
money values assured by making pro-
vision for building up the gold reserve
and retiring the excess of government
credit currency.
If the congress, which has shown &C
much patriotic enthusiasm, has judg-
ment and boldness as well, it will lose
no time in taking the step the president
recommends. That is the first defensive
measure in the war OF business interests
and relations which has been precipI
tated by the clash of diplomatic policies
over Venezuela. Immediately after, Oh
simultaneously, congress should take
the first offensive step by declaring {
tariff war upon Great Britain. We mus
strike at her weakest point, as sht
has struck at ours. She has strucl
at our sensitive financial system
We must strike back at her sensitiv,
trade. She is sending back our securi
ties. We must send back her goods
She has wrought panic in New York
We must cause grass to grow in III
streets of Bradford aud carry ruin to tn
stock exchanges of Manchester and Glas
gov. This way We shall hold our Owl
in the war of business interests.
Congress should prepare tariff bil
Immediately after the holiday recess
framed with two main objects in view
to exclude British goods, and to shu
British ships out of our carrying trade
This can be done without any infringe
ment of the "most favored nation
clause of treaties, and without givin
any just ground for dip o natic complaint
Heavy duties should be imposed upo
all manufacturers of wool, cotton al
iron, and the old discriminating dutie
should be restored upon all imports il
foreign ships. This should be don