The Denison review. [volume] (Denison, Iowa) 1867-current, 1902-02-21
Invasion Of Europe

visions for good service.
Invasion Of Europe
| One of the most thoughtful series of
articles now appearing in the public
prints is one treating the American Com.
mercial Invasion of Europe appearing
in Scribners' Magazine These articles
while stanchly American. are not
boastful They show wherein there are
disadvantages. The writer makes it
appear that American progress is
largely due to it's advanced methods,
and speaks of the "old United States"
and the s.new Europe" which is an I'M
usual way of putting things, for he
claims that the countries of Europe
are emerging from commercial and
industrial restraints which have held
them for years. The last article
deal with Italy, Austria Hungary and
Germany. The writer claims that
Italy is awakening to some degree of
industrial activity, and its laborers are
quick, clever and Industrious, but that
| it is severely hampered, first, by its
lack of coal and minerals, second. by
its monetary system, and third. by
the high rate of taxes made necessary
by its large standing army.
1t is argued that Italy can never be-
come serious competitor of the United
states, although LABOR is somewhat
cheaper and the abundant waterpowe
is now being putin use instead of steam.
The banking system of Italy is de-
scribed as being poor. The large
system of credits which play so import
ant part of the commercial transac-
tions of this country being almost en-.
tirely unknown.
In Austria Hungary the conditions
are described as different but not
more promising. AS is we'll known,
this empire is the most complex of all
nations. 1t is composed of numerous
races, speaking different languages
and having widely different interests
and purposes. 1t may we'll be believed
that it is only the love and reverence
for the aged emperor, Franz Joseph,
which keeps the empire intact These
jealousies among the Bohemians, Huns,
Magyars and Germans makes it diff
cult to embark in large enterprises 1t
is said that in Austria the idea seems
not to ascertain how much work
one man can do, but how many men
can be employed to do certain piece
of work; that the man who invents a
labor saving machine is not applauded
while the man who can make two
jobs out of one is felt to be worthy of
praise. For these and other reasons
it is not deemed that Austria, although
possessed of many resources, will ever
become serious competitor of the
United States.
Itis with an entirely different view
that the writer treats of Germany. We
have never seen a more eloquent eulogy
than is given Germany in this article.
It is stated that they are fast adopting
American methods.and machinery, that
in solving scientific problems they
have proven themselves vastly in
advance of America in recent years,
and although there is a temporary in
dustrial depression, Germany has made
splendid progress and is the only one
of Europe's nations to be ranked as
dangerous competitor of this country.
In another Issue we will publish in full
that portion treating of the recent
progress of Germany.
Having these facts in mind, what
could be wiser than that these two
great nations should exchange of mutual
courtesses cement their relationship
and work in unison. We believe that
there is room in the world for both
countries to live and prosper, and we
believe that the world needs the deep
scientific research, the solid thought
and the staid industries OF the German
empire, and we believe also that it
needs the brilliant execution, the giant
grasp OF affairs which are characterize
tic of America.
The coming of Prince Henry to this
country should be welcomed as an op-
portunity, not to Kotow to a prince, but
to show our appreciation of that won
derful country from which the bone
and sinew of America are so largely
sprung
T. E. Brady, of Dunlap, was Den
ison business visitor Wednesday.
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