The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1902-07-26
COMBINE AGAINST
AMERICA FEARED
Russia Calls European Pow
erS to Trade Conference
--U. S. Not Invited
wsshInq.0n. .. c. JuIy C. apec.

Washington, D. c. July 26--A spec
ial to the St. Louis Republic says:
Cable dispatches from Europe indi-
eating that the leading powers have
begun in earnest the preliminaries Of
al economic conflict against the pro
ducts Of the United States, are view
ed with some concern in Washington
especially in view Of the fact that re-
cent figures compiled by the treasury
department show that American ex-
ports have reached high water mark
and are probably on the decline.
The statement that the king Of Italy
visited St Petersburg for the purpose
of making arrangements for a canal
alliance against America is looked up
or here as well founded and backed
up by recent events in Europe Should
this course be persisted in, it is frank
ly admitted that the United States
would be driven 10 the acceptance o
the commercial treaties now sleeping
in the senate.
In discussing today the question of
commercial warfare with Europe and
its possible results on America, a
prominent official of the treasury de-
partment said that 1t might be a long
time before the effects would be felt
here, but, in the end, America would
be a serious loser unless some com
promise were effectd by treaty.
Il is not felt here that any conflict
viii be waged on American bread
stuffs by an increase of the tariffs IL
European countries. This would al
once raise the price of the necessities
of life, which 10 European monarch
would dare to inhict upon his people
Neither is it thought that discrimin
ating tariff against goods of all classes
wcald be attempted In view Of the
possibilities a. disastrous retaliation
against European imports
Form Of Attack Guessed at.
The prevailing view here is that ths
cars proposal for an antitrust confer
ence means nothing less than attemp
by Europe to put a discriminating tar
if on American manufactures, espec
tally of farm machinery, most vul
nerable point.
The method of procedure expected
if the czars proposals are carried out
is hard and fast agreement amonl
the powers to impose tax on all trus
made machinery, and then, by decision
of the colrt eliminate from the work
ing Of this tax the manufacturers o
their respective countries involved.
At the same time, it will be hell
that all imports of American machin
cry are trustmade, thus affecting
discriminating tax and excludin
American goods from European MAJ
kets. it is on this account, more thai
any other, that the operations in Eu
rope now going on are watched wit
intense interest by economists i
America
It is further believed here that tn
present agitation may result in a tan
iff on American machinery for tn
purpose of buoying up industries l.
Russia, Germany and France which
although a slow process-would finail
result in driving out American mad
goods Had the European possesse
the ingenuity and facilities of Amer
cans, ii is Thought this would hav
resulted long ago.
That the feeling in Europe expresse
in conferences and propositions a
ready held and made, will bring up fo
more serious consideration the Kasso
treaties, now seems certain. That
win result in causing a scare and Do
sibly a loss to American manufactu
ers is very much feared