Santa Fe daily New Mexican., 1897-10-01
THE GRECIAN-TURKO TREATY.

The terms of peace between dreeee anu
Turkey, which the former country has
been com PEELED to sign at the muzzle OF
the combined navies of Europe, are hui
initiating in the extreme and the Greclans
are turned over to the tender mercies of
the Turk, held in check by the oaprices Of
the six powers, only. The sultan has
long been styled the sick man of Europe,
but for an invalid he certainly shows
wonderful capabilities for getting what
he wants.
BY the terms of that treaty the king
dom of Greece has been converted into an
asset of the Berlin and Frankfort stock
exchanges. Nothing like it has ever
been done be fore. 1t marks an epoch in
International politics. OF course, money
lenders have always played part IN
these metters, and the present genera
tion has witnessed sucE an enormous in
crease in the Importance of the money
| DO wei r 40 {, factor in the problem of war
Or peace that the people were not at all
surprised last spring to learn that the
Greeks, like the Armenians before them,
were to be sacrificed to the interests Of
the money power. But it is something
new to discover this money power for
lily designated in the treaty OF peace as
the predominant party to the contract,
and invested with authority to employ
the whole machinery of the treaty to fur
ther it's own strictly financial ends. They
like TO talk in Europe about the dangers
to civilization of the "big American
trusts" but here Is something solemnly
concocted by the ambassadors of SIX
great powers which would make even
Rockefeller or Armonr gasp. They have
simply seized a nation and handed it
over to syndicate of German and jew
bankers and speculators under trust
deed which practically makes the syndi-
cate tue final Judge of the conditions by
which it may keep hold of what it has
thus acquired.
The whole transaction is on purely
modern commercial lines. The gigantic
power of this combination of SIX big
dealers has been employed at the behest
of one of them to crash little dealer and
turn over what may be left of him to the
tender meroies of his enemy. Deeds as
ruthless and barbarous have been done
since the beginning of history, but they
always have been done in the name of
some victorious sovereign or under the
flag of some conquering race or state.
This is the first time Shylock has been
nominated in the bond.
All this may be represented as tri-
umph for the German emperor or for the
sultan, but no one is found suggesting
that it is a triumph for Lord Salisbury,
Poor man, he comes out of it almost as
destitute of credit and sym pathy as the
Greeks themselves. His own party is in
open revolt against his inglorious per
formances in the foreign Office. When
The Morning Post, the ancient organ OF
the straight Tory sect, attacks the con
servative premier in plain terms for his
cowardice, weakness and incapaolty, some
thing has indeed gone wrong. The long
indictment against him, drawn in this
house of his friends, does not concede tc
him q single diplomatic success. HI
gave away Helgoland, he let Siam sliI
through his inept fingers, he backed the
wrong horse in the far east, and he haf
suffered Russia and France to dismembel
China. He not only lost all the influence
the Birth once exerted at Constantinople
but he proved unable to afford the
slightest protection or assistance tc
either the Armenans or the Greeks
when, in fitful fashion, he inopportunely
took up their cause. He has twice yield
ed meekly to American bullying, and in
the interval between Olney's menace an6
Sherman's affront he committed himself
to arbitration, project which the Amer
lean senate contem ptuously tore up
Only last month he surrendered Eng
} lands treaty rights in Tunis, which wer'
the sole weapon in his hands against th'
French agitation about Egypt.
The war between Greece and Turke!
has proved disastrous to the Hellenes
J and the future Of their country is Ger
tainly anything but bright. The term
of the bond by which they have beef