Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1898-11-15
Europe Versus America.

Europe Versus America. .
The two most important financial
weeklies of Paris. L. Economists Fran
Gals and L'Eaouomiste European-edit-
ed respectively by NM. Leroy Beaulieu
and Thiery. highly respectable names in
economic science abroad. published ar
tioles last month concerning the United
States of curious interest. Both these
gentlemen recognized anxiously the
growing political Importance Of this
country and compared our status with
that Of continental peoples. Professor
Leroy Beaulieu seems to believe thaC
there is imminent danger Of our attack.
ing Europe at some not distant day and
advocates federation Of the imperiled
nations to enforce Monroe doctrine on
the other side Of the Atlantic. He points
to the proposed sailing Of an American
feet to the coast Of Spain during the
late war as one Of the evidences Of an
irreprcssible ambition, which, il carried
out, ought to be met with armed resist.
anoe from all Europe. He goes on to
say that 1.-THE continental powers 0ght
to prevent, even by recourse to war II
need be, any establishment by the
Americans in Africa or in the part Of
Asia bordering upon the Mediterranean
or the Red sea-"
The earnestness with which the
French economist charges on this wind
mill of his own creation would be ludi-
crous if it we're not for serious side
suggested. This is profound jealousy
lately risen toward US in continental Eu-
rope, which has marched equally with
an augmented respect. It is totally diff.
ferent from the old dislike for America
and American institutions. That had
in it an element Of condesoending toler-
ance. This strikes the keynote Of fear,
and it is the result of war, too, the
end of which ehoold have been for
gone conclusion in the mind Of an oh.
server capable Of an algebraio equation.
This French alarmist need have no
fear that there will be any American
invasion Of European shores except
through the agencies of q rapidly grow
ing commerce, making yearly strides
Of a conquering progress. Perhaps at
heart this is the path which he really
breads. It is enough to cause uneasiness
among nations which regard their mark
cts as sacred to themselves, whether at
their hearthstones or in foreign regions,
where they attempt to hedge in q jeal.
ously guarded monopoly. The only ar.
mament of the Americans will be 50.
perior ingenuity, enterprise and quality
of the products which they wish to sell; ;
the field Of campaign in which they
will use their strategy-the free field Of
open competition. Another bigger spec
ter, too, haunts NJ. Leroy Beaulieu's
fevered vision. This is the grim appari-
ton of federation which in 1860 will
give the United States 1870, 900, 900 in
habitants and England, Canada and
Australia enough more to make 250,-
600, 900 in aggregate Of Anglo-Saxons,
dominating the seas, disposing Of
enormous resources and weighing upon
the entire world with force absolutely
preponderating if this group confronts
only divided nations" To meet this
colossal threat he advocates 1.-The Or
gauization of European federation as
one Of the tasks imposed by a near fu-
ture."
M. Thiery, the other essayist, does
not indulge in such melancholy antioi-
patton, but he draws comparison be.
tween the resources of the United States
and those of rival peoples, their relative
burdens and drawbacks, with free ad
mission of the enormous advantage Of
this transatlantic power in the future
race for precedence. He analyses the
cost of European ornaments and shows
their effects on the burden Of taxation
and the resources of industry. His con-
clusion is that military nations must
suffer most seriously in competing with
the industrial nations of Anglo-Saxon-
dom. His appeal echoes that Of the car
and urges the release of national strength
from it's "Old Man of the Sea" in the
shape of national militarism.
The German bureaucrats have lately