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Show IS EJ.ANCE'S FJUKND. ITALY JOINS TUB mANCO-ftUS-SIAN COMUINB A (ommerelal Treilj Oaneln tr.l Wilt a I rmnUea In Milll lli llalaure of I ttrtn I llt hs laranras tle- ftal In 1(711 (auml her lo lk Tor (Ilea. Iin.lon, Nov Ti Trance and Italy, after a decade of tariff warfare, havo aurprlaed their friend and encode by concluding n mmmerelal treaty, which promise to shift tho balance of power In I.uropt Hut for tin friendship of tho United State which embolden Ureal llrltaln to i-omparnttvo Indifference Indiffer-ence regarding continental coinbiua lions Uriat llrltnln would le alarmed at tills pnneetof Italy desirtlug the triple alliance nnd ad Hug her formidable formid-able nnvy tn tlie I runeo lEuittan com pact, which I held to be tho Inevitable Inevit-able reaull of the union of the two estranged nation. The critic here ro-gard ro-gard tlio triaty aa n e pal tu tho I a-hod a-hod Incident. 1 ranee defeat la 1 gypt oiK-nctt her i y ct to tho necessity of Increasing tho number of her friends Therefore khe hastened to Initiate lirgotlatlont with Itnlr, mid will giro her winker neighbor Iho ben-cfltof ben-cfltof tl o minimum tariff, long nnd vainly toiighl by tha tatter Tho Italian estimate thnt under tho new arrangement u million hectolitre of heavy aoiitlurn wlms which aro used in mixing the lighter trench wine, will be ixportrd tu 1 rnnci, re-lulling re-lulling In n gnat lmpi lu In tho ltnl-Ian-Industry In return I ranee expect ex-pect tu remove the danger of having tocopowlth the Italian nnvy In the .Mediterranean, In Hie ivintof a Herman Her-man wnr andnlkotniitillify (Icnnany'a policy of Isolating 1 rniiee 1 rre trado llrltnln ha no sillxddlc alio can offer to ritalu Italy a support; but In the proMtil potltlon of the world a politic she It mil M kullcltou for It n the would have been a yiar ago What (Ireat llrltaln lose In Italy, tho Wcalmlnitir tlnrolto declare, alio gain In the I'lilllpplne Prominent polllklmia nud statesmen express the bilit f that onco'i mharked lu colonial nctpiltltlon the United State wilt lw compelled, a Or cat llrltnln tin liein, Inconstantly add tu I her colonic Heslnii which may lw thrown on the market, inertly to prevent pre-vent the in falling Into the hand of her I rival. |