The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-07-29
OUR INVASION ABROAD
How It Has Fostered Two Great
lLs. Ecnnnrnic Carnns i

DR.. John Franklin Crowell, secretary
of the economic division of the American
association for the advancement Of
science. recently consented to be inter-
viewed for the Booklovers' Magazine. AS
educator and economist, DR.. Crowell has
for years made a special study OF inter
national trade relations, and has fire.
quently been called on by the Federal
government for expert economic invcs-
tigation. Startling and uncomfortable as
are many OF his conclusions they are
based on an unusual knowledge Of the
facts OF to-day.
What has become Of the american
perll?'' was the first question put to
Or. Crowell. Europe" he answered, was
frightened at our invasion Of her markets
at time when competition and depres-
sion in prices drove our manufacturers
into foreign fields to sell a surplus out
put Since that time our great Industries
have shifted from the competitive to the
consolidated bases. For the greater part
OF the time our home market has been
absorbing our output faster than We could
supply the demand, and the Europeans
have been studying our conditions and
methods with scrutiny hitherto unheard
of. Finally. Europe has been setting her
house in order by the consolidation OF her
national units into two great economic
camps, both Of whose policies are DOM
mated BY the fear OF the future OF the
United States. Germany is the leader IN
one of these movements. BY her new
commercial treaties she Is forming u
commercial union. an interna tlohal Zoi!-
vcreln, out OF Central European states
the object OF which is to put her trade
relations on a permanent basis VIII n ny
continental neighbours and to put me
Ckotn ref
tore in our dealings with them as
whole.
ALREADY Germany has long-termed
treaties with Russia, stria- hungary,
Switzerland, Italy and Runa ma ~ ntIs
secured to her an open field IN the South,
east in the south on ana y 'nf eA Med
tcrranean and through Turkey to the
Orient, BY way Of the Bagdad Railroad
line. II Gernlany's policy Ct ~, isoia In
Britain Brtain, and from the Unss1 states sue
ceeds, the American pefd wv so long
as that policy endurcs, be 4 thing OF the
past. Butit has, nevertheless, done us
.rhe other economic camp is repre-
scented in the imperial federation scheme
Of Great Britain, by which It IS desired
trading commemorative against all the
outer world on the basis of soma form
of commercial exclusion, The aVoWed
but lhh American peril has given mn i'm
pulse to imperial CONSOLIDATED by pouring
into British markets much that British
colonies could produce with equal adVan-
tage. Thus year BY year Canada is being
welded tighter to Great Britain and has
been putting obstacles in the way OF
American trade. So much has this be-
come the case that our industries are
migrating to Canada in order to hold the
trade that formerly went to- the British
and Canadian markets directly from our
own factories
i'To sum up the situation, on few OK
ceptional sales we Dragged as II they
were to be the rule of the future The
after the st. Louis Exposition has given
the nations final opportunity Ia. look
us over again, they are about ready to
meet us in any part of the world,-Iiarold
Boise In Bookloyers Magazine.