Europe's Resentment of American Commercial Power
IN discussing the position of this country as a world Power, the Church Standard says that the United States “has risen to a rank among the world Powers which exposes it to general dislike. Its amazing progress in commerce and industry is making prodigious inroads on the commercial and industrial domains of other nations. Again and again proposals have been made in various quarters for a general alliance of the Continental Powers of Europe, to check the progress and resist the commercial invasion of the United States. But that is not all; for, while we have become the most dangerous commercial and industrial competitors of all other nations, our tariff system excludes them from the same free competition with us which we enjoy with them; and, what is even more resented, the Monroe doctrine absolutely excludes European Powers from establishing colonies in the vast and practically unoccupied regions of South America.” These are straws which indicate the possible direction of future winds of war.