The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1901-07-11

during the past three years has been lit
tie over billion and one-half dollars.
Had the United States not been a dettor
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
controlled by English capital, are now in
American hands.
We have now purchased the control over
our own industries. Notwithstanding the
fact that this caused the expectation of
vast quantities of gold 20 Europe, the bal
ance of trade has been so greatly in excess
of the payment of such Indebtedness that
the gold reserves of the foreign nations
are decreasing, while the gold reserves Of
our own banks are increasing. Foreign
nations for the first time in history have
come to American banks for their gold.
If properly handled. this balance of trade
will increase from year to year. AS the
total gold outside of the United States
now in existence is only about three thou
sand million dollars. if 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 it's entire gold supply.
England held precisely this position rs to
the worlds trade when it demonetized
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 position, she Is rap
idly transferring it from London to New
York. When this transfer is complete,
England will be the first country to COM
plain that there is not sufficient gold with
which to conduct the business of the
world, and will ask to have resto red BIZ
metallic basis.
the United States of fhe obligation of ar
bitter in all international disputes. Her
commanding political and commercial in
fiuence 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 considerable extent
the negotiations. Last year Russia pro-
posed the establishment of IN interna-
tional peace tribunal, and actually led in
the deliberations at the HaZne. In this
worlds pacific convention e govern
ments representing the English-speaking
peoples exercised controlling influence.
This pacific action on the part of Russia
and other nations was recognition of
the coming ascendancy of the United
States in the affairs of the world. To-day
were it not for the conservative interven-
tion of our nation, supported by Great
Britain, China would be dismembered
and her territory partitioned among the
European powers. The inevitable ten
dency of this recognition of our growing
power and influence as q nation is to
make the United States the arbiter in the
international disputes of the near future.
When this consummation, dcvoutly to be
wished, is realized, the peace and rapid
progress of mankind will be assured. The
Anglo Saxon peoples have always pro-
NOTED the cause of human liberty and ad-
vancement, and with their control of the
destinies of the race the near future will
hail the early dawn of the promised mil
lenium.
Another event of the future will be the
complete commercial supremacy of the
United States. The Pacific will become
the great highway upon which her teem-
ing products will be borne to every land.
With the Atlantic and Pacific joined by
the Nicaraguan canal her sails will whiten
every harbor, and sea, and ocean, and
lake, and her commerce will be the com.
advantages her undeveloped resources
and her hundreds of millions of inventive
and progressive population, she can defy
efforts of the other nations to rival her
productions and trade, and to snatch
from her the crown of commercial supre-
macy.
Another event of transcendant import
ance will be the complete triumph of the
gospel of Christ through the achievements
of the Anglo-Saxon race With the star
spangled banner of the United States in
consort with the flag of the British empire
floating in every harbor and ocean OF the
globe, all peoples will be aroused from
their heather sleep of sixty centuries and
brought to a knowledge of the true God
These 1ags represent all the substantial
human progress in the ages past. the
highest and best civilization founded upon
bo 1ayr troCarDrnar re th., moot nor.
feet ever instituted, and the true spirit OF
human freedom. Before the aggressive
power and influence they exercise, etfete
systems of civilization and religion will
crumble and fall, and all the heathen
nations will join in hosannahs to the one
true and living God.
1t was never designed that individuals
should fight singly the battles of the cross.
All they can accomplish by individual eff
forts is to convert individuals to the true
faith It is the mission of nations t.
achieve fruitful victories under the ban
ner of the cross and spread christianity.
Paul labored and preached all over the
known world in his time. but it was the
conquering banner Of Constantine sup
ported by all the power of the Roman en-
pire that crystallized results and made
effective the preaching of the great apostle
of the Gentiles.
1t seems that to our nation is committed
the work in these latter days of planting
the banner of the cross in the isles of the
sea and among all heather nations, and
fulfilling the prophecy that all peoples
and tongues shall bow and worship the
true God. This work of the evangelical
ton of the world was not ready for accom-
plishment after Pauls preaching and
Luther's reformation, but was reserved
for one of the era-making events of the
Goth century If as nation we are true
to duty, opportunity ami our appointed
destiny, we will be the favored national
to fight the decisive bat
tie of Armageddon. and to achieve the
final and complete victory for Christi
anity.
We cannot as nation avoid these sac
red obligations imposed upon US. We
must 20 forward and meet the grave re-
sponsibilities of the future. They can be
discharged, and when they are, what a
glorious future there will be for our
nation and for the An.lo-Saxon race, with
one language, one civilization, one chris
tianity, and our perfect political institu-
tions spread all over the habitable earth.
Then the pages of history will be nothing
but the entrancing story of the glorious
achievements Of our republic. The world
will be wrapped in a mantle of peace. the
race of man will have achieved all it was
~1,eh ho