Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1901-08-08
THE YANKEE TERROR.
Europe Now Fears to Lose Even Its
Retail Shop Trade.

1t is no pleasant feeling to see some
enc whose progress we have watched
with the superiority of fatherly well
wisher gradually outstrip us. AS long
as the giant American remained In It's
child's shoes and amused itself at the
expense of its old aunt Europe, Dut
not get along without her assistance,f
we were otter i.ritated at the young
boy which began to stretch OUT its
strong, undisciplined limbs, We
could not be seriously angry withhim
however, because the, stronger and
larger he became the more he con-
sumed, and one must say this Of him,
he paid in ready money for what he
consumed. But the. boy with the
Unsuitable appetite has become a man
in the meantime, has sot upon \ his
own feet, and like the MAJ who
would not marry because heidid not
see why he should support the daugh-
ter of other people, young America
does not see why it should support
the industries OF foreign countries.
America, whose industries were quite
unimportant 20 years ago, has fn,the
meantime reached the height where it
car get along Utmost things without :
foreign imports. With a thickness 1
! almost without example in the history
If civilization an industry has been
developed which, without any old
tradition, produces in many respects
products worthy to be used assmodels.
What is lacking in tradition is made
up for twice and three times in,
machines and talent for invention and :
organization, more favorable condi-
lions of production and cheaper raw
material
1t is difficult to do anything against
this. We cannot forbid America to
| develop its industries and to expand
the same with the help of its gigantic
trusts to dizzy height. We cannot
prevent it, unfortunately, from placing
preposterous duty on manufactures
which simply cuts off all foreign com
petition; but what we should strongly
fight against is being pushed out Of
our own market by the undertaking
of American industries. The importa-
ton of American goods into Europe is
| becoming steadily more dangerous.
Even in fancy articles, in which the
European market has set the. styles
for the entire world, the American
manufacturers are beginning to COM
pete with the European. British
calico prints are also already receiving
competition from America. AS we
hear, travellers of known American
house have offered American cotton
stuffs in England with much success.
and the London authorities declare
them to be tasteful and worth their
price.
But also in other ways than with the
wholesale import. America is be-
coming ominous to us. The enterpris-
ing country is making up happy al
ready with retail business of it's own.
A large shoe factory has decided to
establish Is shoe stores in the large
cities of Germany. A. large depart
ment store of New York intends to
establish a branch in London. II
ought to be time to consider how one
can defend oneself against this dam
gerous competition. As we have
already stated before, the only means
we see to protect ourselves from this
threatened storm of American goods is
middle European, or, still better,
European tariff alliance against
America in case America does not
prefer to adopt the policy of the open
door and by a considerable reduction
OF its duties make it possible for
foreign goods to compete in its own
market.-Leipzinger Tageblatt.