The times., 1897-12-10
Europe and Americanism.

In Thursdays morning edition The
Times printed a news article containing
some Interesting matter referring 10 the
forecast of International political move
ment which Sir. Keeney, president cr the
League OF Silver Clubs, furnished 10 this
JON pal last July. Then, Mr.. Keenay said
what The Times has contended for from
its first issue under the present manage
ment, that the ability OF America TO pro
duce a commercial surplus OF natural
and manufactured commodities, before
long would precipitate a struggle for
existence between this country and the
nations OF like productions IN Europe.
Mt. Keeney wrote: 1T Is conceded by the
ablest European statisticians that this
country has the productive energy OF my
three Of the great European po vers con.-
bined. That means that we have the
natural, or latent power, TO sustain JIr
selves as q nation against any combinations
OF European capital in peace or war. The
very existence OF American institutions
is a standing menace to the totterins
thrones of Europe" Continuing, Mr.
Keeney argued that the resumption OF
the bimctallic standard by US you'll
increase the worlds volume Of money, nd
with our productive energy, would Force
Europe To bimetallism.
The views Of The Times and of Mt.
Keeney have recently received rem 1riIlble
CONFEDERATION at the hands of Count GoIn-
chowsky, Austrian minister Of foreign ar
fairs. He has said that What Europe
most has to fear is a Pan-A merican BIZ
metallic union, with the silver dollar the
recognized money unit from the North
Pole to Patagonia, aud he urges the govern
ments OF the old world to stand shoulder
to shoulder to prevent that eyeRtuality.
From his own point of view, Count
GoluchcwSky no doubt is right. The
menace OF Pan-Amerfcau bimetallism is
the nightmare of Europe today. If it were
not so We should not find the agencies of
European financial and political interests
In Washington this winter, ready to spend
millions in attempting TO defeat every
measure before the Congress calculated to
promote the growth or protection OF fut ire
American commerce, and to secure the inn
position rpcn our nation OF the European
gold standard.
There is a vast danger to the American
masses III their indisposition to look upon
questions OF finance, commerce and the
worldwide relations and frictians they in
volve, from an International as well as
from national standpoint. II is plain
enougb to the comprehensive OF the average
citizen that Pan American birnetallism, Tor
example, would place this hemisphere ia a
position to control the future trade IF the
planet. 1t is harder to inculcate the lesson
that that ability will be crushed out unless
Americas control of the Hawaiian Islands,
the keyor the Pacific, OF the trFrns-isthm.an
ctnal, ard Of the Antilles, is included IN lhe
scheme; ana further that without a great
navy, We cannot enjoy any OF these pos
sessions. nor hope to build up and. protect
the commerce which our situation In
domination over these trade factors would
render feasible.
We must pull ourselves together and
open our ewes to the advantages, aud also
TO the dangers, that appear upon our Iia-
tional horizon. Whether in the lobby
this winter, or in more hostile mcvern ,nts
little later on, there is not sche ne
or plan OF national expansion which will
not be met by the money, or if that fails,
ultimetely by the guns of other powers POW
regarding our productive ard eomme~. iaI
possibilities with Jealous and angry eyes.