The sun., 1901-04-17
EUROPE'S ALARM.
Demand for an international Coalition Against
American Competition

American Competition.
Vienna COrtcJp0pdsncs ot ths London Tt,nss
SURFING evidence Of the growing jealousy
ana apprehension excited on the Continent
oy American competition. and Of the dis
! posnlon 10 resort to proiectionst measures
az means OF defence Is furnished by an inn
| porIaht aud representative meeting Of Aus
! triah manufacturers just held In Vienna
IL was summoned by the leading industrial
association In this country with the special
| OBJECT or considering the most effective
method OF protecting European industry
against the thcatened danger Of American
| competition
! u wns attended by representatives Of the
iead'hg branches Of manufacture. who each
! reported the result Of their special inquiries
Notwithstanding tho conflict that has broken
out between the Industrial and the agricul-
| tural interests. Austrian manufacturers are
! apparently 50 impressed with the immi-
hehce OF the American pcril that they ofier
10 combine with the Asrarians In an effort
TO avert 1t. America, they say. everywhere
demands an open door for her trade. Nhilo
she closes her own door against all comers
Tho Austrians are specially sensitive 10
the unfairness OF this policy with regard to
industry. while. Of course. their agricultural
production has. In common with that OF the
rest Of Europe. suffered severely from the
low prices due to the import Of American
corn and meat. The approaching renewal
Of the commercial treaties 10 looked upon
as favorable opportunity for an attempt to
remedy this state OF things. An ant-Ameri-
oan tarir campaign would have the additional
advantage OF giving Austro-Hungarian IN
dustry and agriculture common interest,
which might oonceivably help to bring about
compromise on tie matters at issue be-
The most Interesting feature Of the whole
movement. however. Is It's international
aspect. and the apparent recognition that
II Il 10 TO be effective II must not be confined
TO point u some kind Of combination such
as was limited at by Count GoluChowski in q
remarkable speech at the Parliamentary
delegations in November, 1897.
on that occasion the Austro- Hungarian
Foreign Minister warned European nations
OF the necessity OF prompt and thorough
"counteracting" measures If their vital IN.
tcrests were not u be aravely compromised
In the economic war with "transoceanic-
countries They must. he said fight shoulder
20 shoulder against the common danger, and
arm themselves for the struggle with every
available weapon
Neither tho United States nor Europe has
stood still since this warning was uttered. |
The recent enormous progress of American |
exports. both Of manufactures and Of agri- |
cultural produce. has aroused similar 6p- |
prehensions In Germany and France IN |
those countries as well as In the dual mon |
or other seems 70 exercise a powerful at |
traction upon the public mind Indeed. |
seeing that European industry also Is now
imperiled to "A far greater extent than here
tofore. there can be little doubt thar tho dis
coyerv Of a practical basis for cooperation
would lead to some interesting economic
experiments on the renewal OF the CONNER
There would appear TO be one seriou.
drawback 20 an alliance OF tho Industrial |
claSsr. with the Acrarians for the purpose
sturs II would almost Inc, itably raise
the price Of provisions ont OF proportion 10
any gain that NAV possibly accrue, to the
higher wages and moro regular employ
inent n would thus tend 10 aggravats
the existing discomfort among the masses
nrd TO strengthen International socialism
Tie honorary President of the Manufact-
,Ters' Association. Or Won PEEP, began
Inf. address bv cOutcuding that Industry
and agriculture must combine 10 ward on
the most formidable attack upon their In
terests which comes from n" United States.
lu-trv vas now threatened in turn bv the
recent immense progress Of American manu-
'acurr7. There was a lack Of "recinroctv'
IN The c99m,mTrcial relations of Austria Hun
On tho renewal ~ The commercial treaties
: would b" essential for them 70 keep nm
we on th9t new and powerful "transat-
nr'lc" rival and 20 take Core that America |
vas not permitted, under the most favored
I1tiOn clause, 70 mOnopolize the benefits
= any h1rdlv-won concessions which might |
"a secured hv the dual monarchy from her |
european ucirhhOra. II was felt as a grew
MS disadvantage bv Austria Hungary that |
.or imu.r'4 from America were twice as
lrro a. her exports 10 thH' country NJ !
l,rDus branches Of Austrian production |
,rTo DAMAGED hv the low prices due 10
american CUiupr'ifon. witch had also ous'ed |
.VstriHU goods from certain foreign markets
- these circumstances II was necessary
ID rake drrO.lyo Rrd lulcUenden' action
III" meeting uuHr .mou5ly adopted n r6so. 7
l'iou d"rHr'ug The Necessity Of placing
he oOnworo9l relations Of the dual mon
rcly and tie lLItcd States on basis ~
..iproDlv and equality simultaneously
i'l tho r"rcwgl of the commercial trenfies
b '0O2 n" rc-ulH',ou also advocated close
o'"ra'IHn between INDUSTRY and asricul-
.ia in promoting 'hs Oh l'c' {