The Bemidji pioneer., 1902-01-16

4. /. & ~ ( 4
ioriental trade, at time when every
effort should be made TO keep in touch
with such channels?
An American traveller Of some re-
pnte at home, recently met while
abroad a noted European iinancier,
and asked this question:
| What is the future of the world
with respect to America? II America
! is to go on in anything like the way
she has been going in the last three
or four years with her foreign trade
| If America is TO sell to Europe six
hundred million dollars year more
than she buys what is to be the out
Gomez
And the European answered:
| Something always happens, and
something will happen again. do
not know what il Is; cannot foresee
| it. America so far seems to be maxi
| ing no mistake, but something will
Happen
1t is true that something has always
happened. Twice before, when the
United States was upon the threshold
of greatness in foreign trade and
affairs, we played the traitors to our
selves sold ourselves out to Europe
to our fears of one another, to our
hatred Of Wall street, and pocketed
the losses in panics which set Europe
forwards and us backwards ten years
at q jump. We are always flying at
each Others throats. We will not let
well enough alone. We well-nigh for-
got ourselves at the time Of the or
ganization of the steel and iron cor
porations. And it has remained for
Minnesota to begin over again the
same foolish attempt to curb American
growth and expansion, to throw us
back again into that petty rut from
which the times and broad-minded
financiers have rescued US, and to
make of us q laughing stock for the
financiers of Europe. 1t Is barely
three years since the steel and iron
journals were discussing how best to
promote permanency in prices in that
product, which is recognized as the
guage of good and bad times. But
the problem has been solved, and steel
and iron have cheaper money back of
them to maintain prices in times Of de-
preston than can be found in any
other country on earth. And the diyi-
dends are paid to Americans.
But we are not out of the woods.
The settlement Of the South African
war would again turn into English
channels two hundred millions of gold
money per annum with which to buy
Minneasolis flour and South Carolina
cotton &C Yankee prices, and SO keep
the English cotton mills doing big
business. That is the annual product
of the Rand mines when at full opera
tion. That is terrific englnery OF
trade for SO keen and masterful a peo-
pie as the English. Large purchases
and quick sales has been the secret of
commercial success in all times. Its
30 vi Thl3TOdu OBSERVATION-DISCLOSURES. III IL lbs
built New York and Chicago. And
unless the people Of the United States
continue in the paths laid down for
them by Morgan and Jim Hill and
| their associates, and into the swift
current OF which the times have forced.
them and us alike, Great Britain will
soon De again prepared to fight bat
tie royal with all the world for the
trade Of the world, and we shall have.
supreme regrets that we again permit
ed something to happen to harass.
and deter us in our onward march.
Has not the time come for Americans
to have faith in the patriotism Of
the great men Of the land, when
| it is in plain view that the
profits of their operations are going
into new American railways and ocean
steamships to bring new wealth into
the land?