yalty was so contemptuously valued?"--JAMES ANTHONY FROUDE
(from "The English in the West Indies," Nov. 15, 1887).

"In the United States is Canada's natural market for buying as
well as for selling, the market which her productions are always
struggling to enter through every opening in the tariff wall, for
exclusion from which no distant market either in England or
elsewhere can compensate her, the want of which brings on her
commercial atrophy, and drives the flower of her youth by
thousands and tens of thousands over the line.

"The Canadian North-west remains unpeopled while the neighboring
States of the Union are peopled, because it is cut off from the
continent to which it belongs by a fiscal and political
line."--GOLDWIN SMITH, D.C.L., in "Questions of the Day," page
159. (Macmillan & Co., London, 1893).

PREFACE.

It would be evidence of gross ignorance, or something worse, to
pretend that the United States, under like conditions, would have
treated the Newfoundlanders better than England has done. It would be
especially so after the humiliating spectacle presented to the world
by our Democratic majorities last year in Congress and in the State
and city of New York.

With material resources superior to those of any other country in the
world, we are obliged to appeal to the European money-lender for gold.

Even the chosen head of our Tory Democracy tells Congress that we must
sacrifice $16,000,000 to obtain gold on the terms offered by his
Secretary of the Treasury.

England's past blunders have been singularly favorable to American
interests, when real statesmen were at the helm in Washington. Any
strategist can see that, if Lord Palmerston, instead of bullying weak
Greece and China, had done justice to Newfoundland, his government
might have acquired so strong a position in America as to seriously
imperil the preservation of the Union some thirty years ago. That he
failed to do his duty was as fortunate for the United States as it was
unfortunate for Newfoundland. To-day, but for the emasculating
influence of our Tory Democracy, England's blunders in the same island
would be profitable to the United States.

Even for our small and expensive navy we cannot find sufficient able
seamen among our citizens; and the starving fishermen of Newfoundland
are just the men we need. But there is no money in the national
treasury to pay them; while our ridiculous immigration and