Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-07-10

Stuttgart or Chemni,z for about $500
| worth of rubles.
American merchants having ambi-
tions for Russian business after the
war may find DR.. Dillon's prophecy
useful.
The chief point Of contention which
has arisen in the discussion of the
| Middle Europe bund has been the sen
sitivcness Of Austria Hungary, and
particularly the Hungarian faction. re-
garding possible domination by Ger
many over the economic life of her
sister empire. The vice-president Of
, the Austrian Reichsrath. Herr Sylves-
ter, has presented the other side Of
| the picture. He said:
Experience has brought home to
| us that military and economic prob
| lens are so intimately related to each
other that they can be solved only
| together. And as on the military front
| there can be but one guiding idea for
defense and attack, IL success is TO be
achieved, and is tactics, organization
and munitions for the campaign have
to be prepared in peace time, 1t be-
hooves the two empires to be SINH
larly organizing in the economic do
main during the progress of the war.
1t is absolutely necessary, therefore,
| that the service of communications,
the financial affairs, social legislation,
and our relations with foreign coun-
tries should be settled betimes in like
! fashion.
FREE-TRADE ALLEGIANCE
IS BY NO MEANS DEAD
Frec-trade allegiance In Britain is
| by no means dead. although the war
has dealt it a body blow The Man
chester Guardian. the Westminster Ga
zctte. and the Economist. all innuen-
tial journals. remain loyal. The Spec
tator, once the citadel of extreme free
trade, has undergone some revision Of
details of its creed. The editor, St
Loe Strachey, now concedcs-with
most free traders OF this transition
period-that a nation must preserve
those industries necessary to its exist
ence in time of war, even IF measures
OF artificial respiration are necessary
to sustain their breath during normal
times. There is much discussion OF
key industries. term which has be-
come sort of watchword in the new
economic debate.
The Economist. discussing the aglta-
the battle field to the factories, pre-
sents figures TO prove that Germany
has been Britains best customer In
Europe for some years past. The West
minister Gazette follows the same line,
saying: I'VE do not realize that the
two processes are identical; think
of Germany trying in vain TO send
her goods here and being refused ana
OF Great Britain proudly refusing TO
send her goods To Germany, though
begged to do so. We cannot pre-
vent German goods from coming into
this country without also preventing
British goods from going to Germany.
and we cannot innict a blow on the
German trader who trades with us.
without also inflicting Il blow on the
English trader who trades with Ger
many"
And tho Westminster Gazette indi-
Gates omens OF good cheer for Amor
leans in prospect which might, at
first glance, seems dark one "In
the meantime a few neutrals. such as
the United States" it says. which are
powerful enough to remain indepen-
dent, would have tho advantage OF
trading with both camps. and might
easily run ahead OF the nations in
either camp"
Altogether, the construction Of an
European commercial bund appears to
give its engineers difficulties, beside
which the application OF the old Amer
lean reciprocity policy of James G..
Blaine was mere child's play.