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Show whm.v HMMiti.iitrir.u. Henry Clew In hi report for the week Ending July IS 1SDI, say that Iha Block I'.xchanga move slowly, una day favoring "bulla," and another favoring bear," but with no filed tendency ellhtr one way or the other. European Lntornatlonal politic affect finance. That continent la now In aetata of armal peice. The leading nation have UhlJ.il thcmaelvt Into two hostile ramps, each slderqulpped for conflict anl walling only the accident that shall precipitate on of Iha greatest atniggloa of modern time.. r.miemr Willi mi's visit to England Immediately after the renew-. al of the Drelbund, and III warm reception re-ception there It looked on a significant. signifi-cant. Hpeaklng directly on Hill vltlt Mr. Clew says: "The at hl la no mere exchange: of hn-tr!t hn-tr!t fanillv courtaslea, no mero exitir-sli.u exitir-sli.u for the gratification of tha anil lltou of a young nl alventurnu emM.nir. I oinlng, aa It do, cotiteinjMMaiieoiisly with a riwMilallon of the olfenalva and dcfeuili allUiice be ween Uormany, ustro-llungary and luly aa against Ituasta and France, tho l.iuperor'e vlait must l regarde 1 aa a virtual declaration of at least l'nxlaiid' aymMlhy with Iha Ilrlehlin J, and aa Implying that alia haa Interests which run pared. I with those id the triple allla'o, and which aha woul I Ilia 1 it lo her welfare to protect In tha e ent of their talug ru latigcred from any tlmaUiivd aauotiJanoy of lltissta ant ViaiiCN over their lrl la opimnants. Ilurope will liviinefortli r(anl Iha llrlebilnd aa virtually bicke-1, at least under certain contlngenelee, by the moral and physical force of Ureal ItrlUln." Thecauietbatauove all others liu crippled tha larger movements of en terprtee and haa Induced tho Kuropean klogaof finance to hold til air rasourcia within ready reach ha bean tha fear thateaihrecurrlngHprlng might find tha leading power In tbo throe of a grrat European conflict. Mr. Claw think that recent development In Kurupo InJkito better I roapecta for tha fluauclal world. |