Show EUROPE ALARMED referring to the great balance of and the money to trade in our favor our credit in europe the london correspondent of the boston transcript it is no wonder that the problem la receiving serious attention economists and among european financiers tor the consequences upon the markets abroad are not easy to ex trado development and heavy speculation in this country compel the withdrawal of american capital the existing situation in many respects seems abnormal and the remedy must bo found sooner or later ia contraction of the foreign consumption ot american products before this occurs european industrial conditions would doubtless have to pass through a much more severe depression than the last few months have witnessed this tear of american commercial supremacy increasing rather than diminishing ini shing is prompting the germans to take action adversely to our interests and profiting by the wisdom of republican statesmanship in this country ahey are advocating tariff restrictions octobers record of exports and imports tor the united states is the greatest in the history ot the country the excess of american exports over imports readied the remarkable figure of and for the ten months of the calendar year it toots up nearly with the united states taking halt a billion dollars in money nd credits from the outside world each year no wonder there Is alarm in germany and a tendency to lessen the growth of our foreign commercial conquests continued for ten years and this nation will have placed to its credit a sum greater than all the gold at present in use in the form of money in the world how Is uncle sam to be settled with by sending gold to ills coffers no that Is impossible the world will give liim a promise to pay bearing interest and from a debtor he will pass to a creditor and gic tate the finances of all the civilized nations europe will pay tribute ai in the pas tribute sias been exacted by europe ft wise statesmanship prevails in this country during the transformation great prosperity is bound to prevail in every section of this great nation |