The Saint Paul globe., 1900-05-08

Omaha, and each year in trernor of
anxiety lest their enormous trade balance
should after all prove a mere dream, and
gold should notwithstanding the balance
go Summing in Europe for 3 per cent
that is a sufficient inspiration beside
which the old cross of gold degenerates
into piece of mere bronze, medallion
without current value
To study what the English call ex-
chequer reports-a recreation seldom al
lotted to an American newspaper man,
in the hurry and push Of black heads and
| oaths concerning circulations that some
| times do and sometimes do not exist
and to discover that after a hundred
years of coddling the South American
! republics, and of brave assertions of the
Monroe doctrine, Europe has after all
| ali the losses. that We have bought ex-
travagantly of them and sold them what
| we have at ruinous figures ard in hap
hazard fashion; to discover that Europe
has the language and the tact and the
| credit to successfully deal with these
Southern peoples, and that we have
thrown our opportunities away; and then
to turn to the West, to Cathay, to the
ends Of the Northern Pacific and the
| Great Northern railways, and find some
| hundreds of millions of new peoples, just
budding under the brand new hopes of
| Western civilization, ready to be taught
new manners and new methods Of life
/ frontiers in manners but centers of pop
ulation-ready and willing to buy our
1 factory goods at figures of profit, and to
employ our ships in the carrying Of
goods, to absorb all the flour and wheat
of the Pacific states and take it out Of
the markets of European competition,
and TO help US swell the output of our
| blast furnaces and cotton mills; and to
! know that at least one American, and he
a resident of ST Paul, whose interests are
| interviewer with hers and those of the
| Northwest has had the courage to make
preparations for extending American
trade to these old regions and new trade
| territories and made them upon a spec
tacular scale-these are things and mat
ters of inspiration against which no
newspaper in the Mississippi valley
| ought to be able to stand out
The G o b is out for trade. 1t is sick
and tired of American dissatisfaction
with American Institutions AS it has
/ heretofore said, Mr.. Hill may indulge in
the foolishness of promoting flour ship
ments from Minneapolis to the Orient,
but it believes that he will carry more
| tons of steel rails and iron and steel
goods of all descriptions than he ever will
of -four in that direction from Minnesota.
CThat is to the credit of the steel trusts)
That he himself has an apprehension of
this, the recent letting of a contract by
the Eastern Minnesota railway for a par
| allel line to the Mesaba iron range, along
side that of the Missabe & Northern, is
almost proof enough. Two iron ore roads,
less than five miles apart, and fifty miles
| long, mean that gigantic preparations
are making in Minnesota for the railway
construction which it is anticipated will
take place in China within the coming
forty or fifty years. What Minnesota pa
per can stand out against the injunctions
which these examples afford?
If our Minneapolis contemporaries have
been slow about catching the light of the
G 10 b e. 1t is not because 1t has been
hidden under a bushel. No country on
earth could permanently stand the drains
that have been made upon American
wealth by the insignificant republics of
the South; and there largely have origi-
| mated the severe financial panics that
have so frequently taught us grievous
lessons Of economy. Let American news
papers and American statesmen see to it
that the bIunders are not repeated In the
Orient Tropes and metaphors do not
build ships nor support and expand trade
The strong arm and the cold head are the
true and the insidious champions of ma
tional greatness and wealth