People's Pilot, Volume 3, Number 22, Rensselaer, Jasper County, 17 November 1893 — THE AMERICAN POLICY. [ARTICLE]

THE AMERICAN POLICY.

Eet There Be a Pan-American Monetary Policy. Senator Stewart is the advocate of an American monetary policy. His proposition introduced in the senate to hold a Pan-American conference at Washington next summer, is worthy of more consideration than it is likely to receive from the senate. The crowning triumph of Mr. Blaine’s administration of the state department was his effort to bring about closer trade relations between all the countries of this hemisphere. His celebrated PanAmerican congress was the first organized movement in this direction. Every day the chain of commercial interests which link us to the countries south of us is being tightened, and in time complete commercial unity will be established. If it is a good thing to be linked to Mexico, Central America and South America by commercial ties, why wouldn’t it be an equally good thing to have us adopt a common monetary policy? Then it would be America against the world. We would then be in a better condition to dictate policies for the old countries, instead of having foreign powers dictate our policies. It would bring about a complete reversal of conditions and would make us masters of the financial situation.— Portland (Ore.) Telegram.