AN AMERICAN TRIBUTE.

Press, Volume LIV, Issue 9835, 18 September 1897, Page 7

AN AMERICAN TRIBUTE.

At a time when Germany and Belgium are wondering what is to be the result for themselves of the denunciation of the treaties of '62 and '65, the following from the New York Times is significant :—

"An Empire of States, with a population of 300,000,000, capable of producing everything under the sun, and governed by a commercial polioy of free trade among themselves, but protection against all the rest of the world, would mean such a revolution of trade and commerce as history has never yet been called upon to record. That is precisely what the statesmen of England are aimiDg at! The new Britain would, so far as its commercial policy is concerned, be an almost counterpart of the United States ! What would be its effect upon us? At one fell swoop we would lose more than half our customers. At present England and her colonies purchase from us considerably more than all the rest of the world combined ! Our principal market for cotton and cereals would be gone, and how much that means need not be told. India, Canada and Australia—to say nothing of Egypt—could easily supply England with all the wheat and cotton she needs ! We should simply be receiving the measure we have long meted out! The possibilities of the idea grow as we contemplate it! The future of the English-speaking people, who can set bounds to it ?"