Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1901-07-06

aIIlllatlOn. WITH SuCn com DlnaIlOn
Of resources and power. it will be possi-
BILE to disseminate throughout the earth
the spirit of liberty now permeating the
entire Anglo-Saxon race. In time the
prophecy Of the last century that Eu-
rope would become republican or Co.'S
sack will be fulfilled. The Eastern
question of today is the beginning Of
the final struggle. With union Of the
English-speaking peoples the despot-
ism Of Russia will be destroyed, and
all the nations will be forced into the
crusade for liberating mankind from
the blighting tyranny under which it
has suffered for centuries. What an
enhancing picture-the unity Of all
the nations In one common and patri-
otic purpose, to secure universal human
freedom and through it to unite the
race of man in one national brother
hood. Let it be understood that in any
future alliance, either implied or explic-
1t, the United States Is the master of
the situation. That this Is true is evi.
dent to any business man, who will
consider for q moment the trade silua-
ton of the world. All of the nations of
Europe, including Great Britain, have
so dense a population, that every foot
Of area, If cultivated to it's fullest ex-
tent, would not produce sufficient food
to support the people. The United
States, upon the other hand, produces
vastly more than 1t consumes. 1t con-
trolls the food Of the world, and any
retaliatory measures by foreign nations
intended to curtail the products OF
commerce or industry in the United
States could be effectually stopped by
similar measures as to our own food
exports. The retaliatory measures now
threatened by Russia will not lie car
ried out for this reason. Russia
made a bluff, and when the United
States called the bluff, Russia, instead
of carrying out It's threat, placed the
entire matter in the hands Of the min
lister to the United States, and 1t is now
question of diplomacy, which is
solved so far as the threats Of Russia
are concerned. The time was when
London and Liverpool, as jobbing CEN
ters, practically controlled the trade of
the world. That trade has practically
passed from Great Britain to the United
States. The balance Of trade in favor
Of this country during the past three
years has been a little over a billion
and one-half dollars. Had the United
States not been q debtor country, this
amount would have been added to the
surplus gold in this country. A billion
dollars of this has been used in buying
up American securities held abroad
until our railroads, which were con-
trolled by English capital, are now in
American hands. We have now pur-
chased the control over our own indus
tries. Notwithstanding the fact that
this caused the expectation Of vast
quantities Of gold to Europe, the bal
ance Of trade has been so greatly In ex-
cess of the payment Of such indebted
ness, that the gold reserves Of the for
eign nations are decreasing, while the
gold reserves of our own banks are in
creasing. Foreign nations for the first
time in history have come to American
banks for their gold. If properly hand
led, this balance Of trade will increase
from year to year. AS the total gold
outside of the United States now in ex-
istence is only about three thousand
million dollars, II we sell for gold all
that we sell, and buy for gold all that
we buy, it would take only few years
to drain the world Of its entire gold
supply. England held precisely this
position as to the worlds trade, when
it demonitized silver and by that action
transferred the control Of the worlds
finances from The Hague to the Thames.
AS the United States now. holds this po-
sition, she is rapidly transferring 1t
transfer is complete. England will be
the first country to complain that there
Is not sufficient gold with which to con-
duct the business Of the world and will
ask to have restored bimetallic basis.
Another event will be the assumption
by the United States of the obligation
Of arbiter in all international disputes.
Her commanding political and CONNER
cial influence will insure the concession
of this prerogative. In China, during
the present convocation of the great
powers, the United States, supported by
Great Britain, have controlled to a con-
siderable extent the negotiations. Last
year Russia proposed the establishment
Of an international peace tribunal, and
actually led in the deliberations at the
Hague. In this worlds pacific conven-
tion the governments representing the
English-speaking peoples exercised a
controlling influence. This pacific ac-
tion on the part of Russia and other
nations was a recognition Of the COM
ing ascendancy Of the United States in
the affairs of the world. Today, were 1t
not for the conservative Intervention Of
our nation, supported by Great Britain,
China would be dismembered, and her
territory partitioned among the Euro
pean powers. The inevitable tendency
of this recognition Of our growing pow
er and influence as a nation is to make
the United States the arbiter in the in
ternational disputes Of the near future.
When this consummation, devoutly to
be wished for, is realized, the peace and
rapid progress of mankind will be as
sured. The Anglo-Saxon peoples have
always promoted the cause Of human
liberty and advancement, and with
their control Of the destinies of the
race, the near future will hail the early