Show ENGLISH TRADE AND MONEY Many thoughtful Englishmen are I worrying exceedingly over the slate of trado In that country and worse still over the disposition of many of tho I heaviest capitalists oC that country Wo have before us an English paper I which cries out In alarm that the heavy I capitalists of Great Britain are not depending de-pending on trade any more for the progress of the country but rather they wish simply to male England the worlds clearinghouse and to deal exclusively ex-clusively in money The paper warns them lint when that Is tried when their furnace fires begin to go out and when fewer and fewer spindles and I looms arc running the financial capital will follow the working world and go to I somo other country 1 says I Is on this money spinning business und not on genuine Industry thai England is moro and more relying I we had to depend on legitImate trade and that alone London would dwindle Into a comparatively small place and her millions I lions would either huvo to find work elsewhere or else starve For London nlon lives not by trade but by Interest on loans by gambling in slocks and bonds by grasping money from the ends of tho earth I will thus bo evident how precarious our position Is becoming Hon H-on tho other hand there wore a general repudiation where should wo be Our paper would remaln In the strong rooms of banks but It would not be worth the Idle words printed on its surface A serious war with 1 great power for example ex-ample with Germany would greatly affect our financial position In short a hundred things might happen which would soon show how flimsy Is our I boasted prosperity We do not realize that we iland on a very different economical econo-mical basis from what we did In form rda r-da ls In the same article Is the following Only a few years ago England was far and away the greatest producer of Iron ami steel and coal in the world Now the United Slates has at a bound I outstripped England and will go on doing so until she leaves us out of Hlghl While our people arc bothering about German competition it Is America Ameri-ca that Is our real rival and that is going unquestionably to boat us In every department I Is certain I that no other country t compares with the United States In producing the great staples on which this worlds work ehlolly depends Look at the list Foodstuffs eo lon Iron steel copper load and to which may bo added manufactured articles on half a dozen lines on a scale so i magnificent and with a perfect ness of I product which no nation on earth can rival If this count gets over the calamity cry of tht DemocratIc party this year the world outside will con elude thai after nil we arc doing pretty i well |