New-York tribune., 1901-08-25
DEPEW ON TRADE WAR.
THE SENATOR. RETURNED FROM EU-
ROPE SAYS THERE IS A SCARE
THERE OVER AMERICAN
COMPETITION.


can Line steamship St Paul which docked just
before a m Senator Depew has been abroad for
about ten weeks, acconpa MED by his son, Chauncey
NJ. Depew. jr-, and his niece, Miss Anne Depew
Pauldng- 4 party of the Senator's friends went
down the Bav the tug Chauncey NJ. Depew 70
greet him. He aboard the tug and landed al
Twenty-third-st. He said that in Europe the keen
est interest was being manifested in the coming
yacht races. and the opinion general that the
English boat would be hard beat. Speaking OF
the inroads made upon European commercial life
by American competition and energy the Senator
said:
II is less than quarter Of century since most
Europeans thought native Americans were Indians
or black Now the White Terror. There
is everywhere eager curiosity, not unnixed Win
alarm to what will do From ignorance
and Indifference which ninirnized everything Amer
lean, has come exaggeration which magnlhes-
Large as are some fortunes with US, the reality Is
small compared with current statements, and few
as are our wealthy people who worth S00NNVo
there are supposed to be thousands Of them, ana
an American pretty poor specimen of his KIND
who cannot show up million a year There Is
general belief that education, literature, art sci
ence, politics and religion either neglected ex-
cept as contributors TO money making, or syndl-
Gated to sell shares Nobody asks about a visitor
from the United States what ne has done but how
much is he worth and what of means OF Hveli-
hood is he over here to buy up dry up
SCARE OVER AMERICAN COMPETITION
There is genuine scare on the Continent about
Ine american MANUFACTURERS HI 'A'VA
markets and cabinets are consulting If any combi-
nation Is practical which will prevent the inporta-
ton OF American goods and check our invasion OF
the East. which has been opened such vast eX-
pense and effort ny European governments. l
heard a Russian statesman say, Concert Of action
may he impossible. but Russia in response 10 dis
eliminating duties. has shown how each country
in It's own way can stop this competition In all
the worlds history have been racial or dyraS-
tic for conquest of territories, and nationaI
ba on lines and become heTeQl-
tary. Now armies and navies are not for the
maintenance defence expanding power OF
thrones classes, but to protect ana enlarge the
opportunities OF the workers and the workshops OF
the abor and capital upon which rest the pros
perity and happiness of every nation We are COM
ing be considered a common enemy, 10 the eA-
that actually supplaut foreign HlanulaC'-
urers and this feeling is intensified by every con
which goes bankrupt. or reduces wages or
lays of a portion Of its employees. ascribng It an
TO American competition This unfriendnesS Is
not likely 10 result in war The relations OF EURO
pean governments are too intricate and uncertain
among themselves for any one TO take that rlsA'
and combination IS impossible An industrial de-
fensive and offensive alliance against US has IN
superable difficulties. But We must expect each
country TO nut IN practice every device keep cur
products out Germany has both tariff and trusts.
Everything there is syndicated. The trusts refuse
TO sell anything 10 merchant who deals In an I'M
ported article. This makes II more difficult Tor the
importer because the boycott means ruin w mere
the American opens MS own "d4NH'Ho1F a. see
shoe dealers did in Vienna the native shoemakers
mob the place and the police look the other way
Notwithstanding all this, the superiority and cheap
ness OF our goods are giving them increasing de-
mand everywhere
OvERPRODUCTION THERE OUR GAIN HERE
The perpetual menace OF ever increasing over
production forces foreign manufacturer 70 seek
markets abroad. on the well known principle that
II pays TO keep al MS forces employed and al MS
mills Al work to their fun capacity Z living
profit can be mad the majority OF the output oy
selling the surplus below, he IS ever look
ing for place dump the cleaning up Of his fac-
tories. His great hope ts such q reduction or aho-
lition the American tarin as VIII enable MIN 10
food our markets While can meet him sue
cessfulIy in fair competition, he would. with the
tariff off be virtually nghtiuE our industries and
artisans with a home bounty, and whether II ended
in the surrender OF n portion q our home markets
or the reduction OF wages 70 keep Il, the result
would be equally unfortunate and disastrous II
was interesting 70 note the intense interest and
Measure in the strike and the threa tened one
in the New England cotton mills. The newspapers
were tubiant in their editorials They predicted
The extension OF the labor trouble to ali Industries
They cla Iaed that the contest was the inevitable
outcome of the trusts. and that home troubles
would postpone for years the Yankee Industrial in
vasior a-o conquest
while Arnercan ccnpeJo oon IN ali the market
of the word is more keen with Great Britain th4n
other nations there Is entire absence Of personal
auirnosity shout it From tho Eiux t@ tso c%e
driver only the most c..dis! seHtlmen-s enc hosp
table action are met There IS no doubt 10 the
cordialty Of feeling tow a-0 US people auo "a =
nation among the peol4e. nlsot .{1stSr a. az q
gathering Of about one hunorec arr NV oI llt
all roads. They were general manaEefs, hLpe'l'-
teudents Of motive power OF signals o. traihc ann
heads OF the working departments They were an
equipped body. and like railway men everywher-,
to public opinion Every reference to the frendshp
Of our two countries TO closer relations snd har-
becoming a world power and its significance, was
,i1,y nae ~ -arviHe,asI and fervor
while q suggestion OF possible antagonism was IN
stantIy and Indignantly repudated asked one
of the superintendents about his recreatons and he
said one was turning passages of Thucydides into
bur the Job would lay out
FAVOR OUR IsTHMIAN CANAL PLAN.
Il found a general sentiment that We should have
way about canal across the isthmus. to build
and control. They quite ready 10 accede
Courteously and cordially wishes. only that
treaties should be ahrogated as they made, by
the diplomatic formalities and agreements common
among friendly powers Europe has just grasped
the fun meaning Of the Monroe Doctrine and unani-
rnously resents IT, The Old World wants larger
trade with South America, coaling stations for
tic and the Pacific and a free hand for protection
Of citizens and commerce in tho several States OF
the sthmGs and South America on this they are
all agreed and ready 10 act and cannot understand
settled policy of the United States its constitu
tion. The railroads in South America have peeL
built with foreign money. and mines developed
and worked docks and warehouses constructed,
banks organized and run. and every enterprise
raent of English, German, French and Italian
capital The amount runs into tremendous hguIes
and these government are alert for their cilizSI
and their rights. II we ever have serious trouoe
this question than from Eastern complications or
commercial rivalries.
in England the efforts of the leaders Of the
Liberal party TO get together leaving them %lqe be