The Archive · 1898

A Happy Phrase

which "Diplomaticus" has hit upon as a definition of our policy in regard to Chi Indeed it is difficult' to avoid believing that Sir Michael Hicks-Beach must have had the Monroe Doctrine in his mind when he made his celebrated speech at Swansea, "In his famous Presidential Message of 2nd December, 1823," says "Diplotnatious," "Mr. Monroe declared that the American Continents are'henceforth not to be considered as subjects of future colonisation by apy Europein Power;'.in his speech to the Swansea Chamber of Commerce a fortnight ago the Chancellor of the Exchequer said, we do not regard China as a place for conquest or colonisation by any European or other Power.'" 'It has to be confessed, however, that this is a now determination on the part of England and it is a policy which evidently commends itself more and more to the'nation. It i of course, based on the facts' that wi "fair field and no favour", Great Britain cures 80 per cent of the' trade of Chi while if the partition came Great "Britain would be excluded by hostile tariffs from all but its own slice, und in that slice there would be no possibility of such an expansion of trade as would compensate for' the loss of the rest of China.

THERE ARE OTHERS, Although the Far Eastern Question' still to great extenteclipses the nuriérous other burning foreign questions, these are still to some extent agitating the public mind. For the moment.

Text read from the printed page and cleaned; old type leaves the occasional error.

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