The evening times., 1897-03-05
AS ENGLAND READS 1T
British Newspapers Comment on
the Presidents Speech.

British Newspapers Comment on
the Presidents speech.
London, March 8. The Standard OF to
day, commentingupon President Nc Kinley' 4
inaugural address, says
1T is a mild and not unpleasing effusion.
The tone is little SNUG and goody-goody
but kindly. Beneat b it's smooth words, how
ever, most serious purpose is observable
The refrain of the discourse is not peace
with all men, but more protection. Ex-
| perience lis OF no use yet TO either Mr..
| Mckinley of the American people. They
have not yet suffered enough for their
| economic heresies..
The Standard foresees blows aimed q;
| the British iron and woolen Industries, and,
| possibly, Canadian dairy products and lum-
| Der. 1t thinks, however, that on broad,
| general grounds there is not much room
to regret the Teversion OF the United
States TO high protection which anyhow
relieves Great Britain from the fear of
destructive competition. The United States,
it says, is going to deliberately c1rcumscTibe
its field OF operations and again prey on its
own vitals. The more the union shuts it,
it see that tits the worlds custom for raw
products to pass away to other lands, and
that no compensation can result through
mere flourishing export, in manufac-
lures.
1t adds that ME. McKinIeys dream OF a
restored mercantile marine must also be
unrealized. However subsidized, no ma
rine can flourish on cargoes carried only
one way. The message is, therefore, not
hopeful so far as tie immediate, or, perhaps,
the further future is concerned. A pass
ing flush Of activity might follow a new
tariff. If it does not, the holders in Eng
land OF American securities would be wise
TO sell, for afterward will come an iney-
liable collapse"
The Daily News says that on the whole
the address is satisfactory and reassuring.
A curious feature is the way in which il lis
tempered with the doctrine OF the defeated
party. Even the tariff paragraph is an
endeavor To compromise between conflict.
ing principles. The passage relating to a
restoration or the merchant marine is one
most Significant; but ills not exactly for
today especially, and the United States
will never have an export trade TO speak
OF while it willingly deprives itself of
cheap raw mater ais, which form the very
basis of production.
The Chronicle saws: ut is a very safe
Utterance aud viii doubtless commend its
author to the good opinion OF the American
public. 1t viii also confirm the estimate
of other c0nntri es that he is very
prudent man, his opinions ON specific
matters apart. The tone throughout is
good and manly. 1t is satisfactory to
notice that he promptly assumes moral
and political responsibility for the arhitra-
tion treaty. We wish 'y,Se could believe
the declaration against trusts was more
genuine than we fear il is
The Daily Tele graph says that the
principles which inspired the Mckinley bill
could hardly have been re-enunciated in
a more uncompromising form.
Qualification is expressed by all the
newspapers on President McKinley's re-
marks on arbitration.
The Times says: 1t is obvious that the
prominence given To the protection idea
In it's most uncompromising form must
put an end to the active cooperation that
existed between the main body OF Repub-
hcans aud the free traders when they united
in fighting Bryanism. The jingoes have had
a cold d0uche which should bring all except
the utterly incurable TO their sober senses.
It is to Toe hoped, therefore, though we
are not confident that President McKin-
ley's appeal viii be successful, that the
arbitration treaty will be ratified without
an attempt to mutilate il or minimize its
provisions.