The times., 1898-06-26
HENRY CLEWs ON THE WAR
Will Lay the Basis for a Great
National Revival.
RELATIONS WITH ENGLAND
The Financier Quotes "A Letter From
Prominent Member of ParIia-
ment Who Advises the United
States TO Keep the Philippines
Union.

New York. June 25.-Henry Clews, in
his weekly letter on the financial situa-
ton of the country, says of the results Of
the war:
Costly as the war Is likely to prove
IL is already foreseen that Ii Is destined
10 lay the basis for a great national re-
viyal which will far more than compen-
safe for these temporary outlays 1t can
never inJure young and vigorous nation
resting on its past and neglectful of its
future, TO sustain a. sharp shaking up
such as foreign war is apt to inflict
Such an event starts inquiry as to what
are the national resources, what use has
been made of them, what has been neg
lected and what is within reach.
This sort of national survey has re-
Yealed TO us a way to new openings for
our commerce; IL has discovered to us
our rank and standing among the nations
and surprised us by its demonstration of
our power to command the Difference and
respect of the worlds greatest powers It
has uncovered TO us greater future in
the worlds competition for international
trade. which is the one thing the coun-
try most vitality needs, and the absence of
which has cost grave forebodings over
dustries. 1t has also created the occa-
sion for offers of cooperation with the
worlds foremost commercial power in the
promotion of a policy peaceful access To
the commerce of all nations and for the
defeat Of the policy that would subject
international trade to military dictation
monopoly. IneSe are among the
things that the war already offers US as
its rewards. and it is not surprising that
the spirit of the people is becoming more
confident and hopeful.
The following is an extract from a let
ter which l recently received from an in
fluential member of Parliament represent
ing one of Great Britain's largest cities,
which speaks for itself:
. Just line TO say that do not agree
with your circular letter, which | have
just read where you suggest that the
Philippines should be given back to Spain
ippines 1t is time your people began TO
do some work in the world outside your
own country. You viii have TO do 1t
eventually and you may as well begin
now as wait. | am afraid IL will not be
many years until we have TO do some
joint account fighting with continental
countries for possession of the parts of
the world which are misgoverned al pres
ent.'
The following Is my reply thereto:
Al have your esteemed letter of the
10th instant. and your Views about the
retention of the Philippines are getting 10
be a growing feeling here. The position
which your country has taken in sympa-
thy with our own has revolutioniZed the
feeling of the people of this nation. II iS
a common thing in theaterS and large as
semblages where they have bands of mu-
sic after playing the Star Spangled Ban
ner'' to tune up God Save the Queen,
the queen as il is for the President OF the
United States. / have in my office the
English flag by the side of the Stars and
Stripes and II is no unusual thing now
10 see the Union Jack unfurled 20 the
breeze in different parts of the city. All
this represents an unmistakable desire
that the EngliSh-speaking race should
stand more unitedly together hereafter
That union means the domination of the
world and peace. prosperity and ciYiliza-
tion to mankind. "