The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-01-16
PROSPERITY ASA THREAT
Germany Warned Against AmePi-
can Industrial Progress.
Leading Hamburg Newspaper Finds
Us Keynote in Secretary Cages
annual Report-Euro2e Must Adopt
Methods in Vogue Here in Order to
Co2spete with the United States.

Consul Mason at Berlin writes to the
Department CT State reporting that under
title Of The American Danger" he
Hamburger Fremdenblat,~ presents an
article based upon the annual report Of
the Secretary of the United States Treas
ury. which is in part as follows;
The statement in the annual report CT
the Finance Minister of the United States
that the national revenues have increased
by $5S,500, 600 and the expenditures de-
creased by Sill. 000. geo merits serious at
tention- The United States had only
few years ago to struggle with no incon-
siderable annual deficits in the national
revenues; it has regularly sent abroad
principally TO England and GERMANY
large part of the interest on national
bonds and a considerable share OF railway
and Industrial securities; and has had to
make for more than ten years past a
yearly appropriation for the pensioners of
the civil war larger than the cost OF
the German army and navy The Union
mas mad 10 meet more recently the heavy
cost CT the Tar with Spain and its IN
duSJTisS have to reckon with considerably
higher wa ges and higher rates of IN crest
than the European countries In spite OF
all this. the national budget of the United
States shows the favorable balance which
is announced in the annual report Of the
Treasury
The reasons for this are made plain b.
the report itself. from which may be
learned much more that is timely and
valuable We see, for example, from the
table of exports and imports that the
United States exported during he last IS
cal year goods Talued at g 80 4S3 6S2, of
which more than 81 81, OG0 OG0 vas OF do
nestle origin IN these gigantic figures
one must compare them with the export
statistics CT European countries TO realize
their Igll significance The item OF man
Ufactured goods amounted TO 315a per
cent; that is, nearly a fan third OF the
whole export
These figures mean more than they
alone say They speak threatening Ian
Suaga; they say clearly and Iorcib.y nat
the United tSates. which ten years ago
exported more than SO per cent Of agri-
cultural products ana less than a fifth o.
manufactured goods. to-day draws nearly
third more than Il per cent more, Of its
entire export from the product Of It's
factories IN other words, the Union is
marching with gigantic strides toward
conversion from IN agricultural 10 al in
Gastrial nation.
Similarly interesting also is the inlu-
ence CT this development On export trade.
The Union came out OF the civil war dur
ing the SOS with one Of the heaviest ma
tiOnal debts recorded in history. This
debt vas for the most part paid far ear
Her than the world or even the Ameri-
cans. expected. and il was paid mainly BY
the export of agricultural products When
about twenty years ago. the Industries CT
the United States began TO revive. ard
under the protection Of eXOTbitaut duties.
developed and strengthened. they suffered
in all branches. often seriously. for want
Of domestic capital. Things went so far
that the United States became financially
wholly dependent upon Europe. the rae OF
interest being practically dictated from
London.
From the beginning of the past decade
d series Of different factors caused de-
cided change in this situation Several
unusually good haryests succeeded each
other and two of these. coming in con
junction with bad crops IN Russia. chang
ed the balance OF trade in favor Of the
United States and brought a correspond
ing flow Of money TO America instead Of
from that country to Europe Numerous
industries. among which were many gi-
gantic undertakings. we're in part newly
established. partly enlarged through the
assistance Of the protective tariff on their
products. These found. in consequence OF
the rich harvest and the active building OF
railways and new industries an eager
market at home and an increased demand
abroad.
AS soon as the American industries
nus GOT upon their own footing and were
in d position to support the railroads.
which were strengthened by increased
freights and the gigantic haryests. and
Here thus brought into greatly improved
financial condition they likewise under |
took the task or freeing themselves from
foreign capital
The change in the condition Of the
United States can be best characterized
by the statement that the industries. !
trade. agriculture. railroads. and finances |
Of the Union each and all climbed. one |
apon another, through and by each other. |
upward. And to what a height |
have they climbed
Everyone who understands the exist |
ing conditions and has followed these |
conclusions. drawn from the best sources |
and based upon thorough knowledge of |
the facts, will agree that the threatened |
danger from America is neither exagger- |
ated nor painted too darby. but is. in /
fact real and serious. But the mere
recognition of the peril avails nothing; |
what is demanded IS to faos it, to over
come it. or Al least minimize. as far as
possible. its efforts We must ask our
selves whether this is still possible. and,
If so, what are the means, the methods
that must be employed to secure a sue
ccs6fuI result.
There is but one answer TO The ques-
ton. We must fight Americanism with
It's own methods. he battle must be
fought with their weapons, and wherever
possible their weapons must be bettered (
and improved by Us. Or to speak with
other and more practical words. Germa-
ly-Europe- adopt improved meth
DDS IN every department Of industry, |
must use more and more effective ma
,hinery. Manufacturers as well as mer-
-hants must 90 10 America, send thither
heir assistants and working men. not
merely 10 specifically observe the meth
ids there employed, but to study them
thoroughly, to adopt them, and wherever
possible to improve upon them, just as
he Americans have done. and are stnI
Icing. in Europe
THE SPANISH WAR VETERANS