The Lexington dispatch. [volume] (Lexington, South Carolina) 1870-1917, 1901-07-17
M'LAURIN'S Speech.
Con:inned from Fourth Ps &c.

COn:lnned from Fourth Page.
thirteen colonies struggling with the
most powerful government on the earth
for independence, and consider the great
odds against lis. and contrast our condl-
tion then and now. we can scarcely credit
the evidence of our own experience. The
progress we have made, the government
we have built up the nation we have Gre
ated, all seem like fancies, and we ere
really lost in amazement ut the contem
plation. Today seventy six millions "i
American freemea bow down at the altar
of liberty erected by our forefathers ana
pour out their labations of praise. y cen
tury hence, if we are true to constitutional
government and human liberty, two hun
dred millions will gather around the ALTA.
And as the centuries roll on thousands OF
millions will celebrate this anniversary.
and their hosa 1nahs of freedom will echo
and re-ecno throughout the earth, and all
nations will be prepared to take up the
refrain. The day of mans delivcrance has
come. liberty aud christianity, now and
forever
The promised land, flowing with milk
and honey, was the encouragement held
out to the Israelites in their desolate wan
derings in the wilderness. Without tins
they would have faltered and fallen By
the wayside and never accomplished the
divine purpose of their deliverance from
Egyptian bondage. AS nation we have
reached crisis equally as important as
that which confronted the 1sraelites, and
the encouragement offered US is the world
as our promised land, where we are to
plant the seeds of freedom and christian
itv and labor to fructify and enrich them
until they shall grow up and the nations
shall lie own in peace under their SHADE.
The same power which brought the wan
derers at last out of the wilderness Is sus-
tanning us. and if we are true to duty ana
destiny it will bring us into the PROMISED
land of our hopes ald rewards. such
contemplation is Dewildering. and yet II
we read thu signs of the times correctly,
we are as a nation moving on to such
destiny.
The great events in the future of our
republic can be predicted with some &C.
gree of certainty. One of the pre-emlnent
events will be union of the English
speaking race, in which Anglo-Saxon
ideas of liberty and christian civilization
will become predominant, and finally
control the politics, the policies and COM
merce of the world. There may not be
any political alliance between the republl-
can United States and monarchical Great
Britain, but there will be a unity of pur-
pose which will link them together IN the
bonds of common interest and race al
fliation. With such a combination OF
resources and power, it will be possible 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 Europe would be-
come republican or Cossack will be full,
filled.
The Eastern question of to-day is tue
beginning Of the final struggle. With
union of the English speaking peoples the
despotism of Russia will be destroyed,
and all the nations will be forced into the
crusade for liberating mankind from tie
blighting tyranny under which it has suf-
fered for centuries. What an entrancing
picture-the unity of all the nations in
one common and patriotic purpose, to
secure universal human freedom and
through it to unite the race Of man III
one national brotherhood. Let it be I'M
derstood that in any future alliance, either
implied or explicit, the United States is
the master of the situation. That this is
true is evident to any business man, who
will consider for moment the trade situ-
alton 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 its fullest extent,
would not produce su fficient food to sup
port the people. The United States, upon
the other hand, produces vastly more
than it consumes. 1t controls the food OF
the world, and any retaliatory measures
bv 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 threaten
ed bv Russia will not be carried out for
this reason. Russia made a bluff and
when the United States called the bluff.
Russia instead of carrying out its threat,
placed the entire matter in the hands OF
the minister to the United States, and it
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 centers, practl'
callv 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 lit
tie over a billion and one-half dollars.
Had the United States not been DEBTOR
country, this amount would have been
added to the surplus gold in this country.
A billion dollars of this has been used in
buyiuc 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 TO 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