We are certainly a hindrance to the plans which England is prosecuting in Asiatic Turkey and Central Africa.

This may well be distasteful to the English from economic as well as political and military aspects.

But, on the other hand, the American competition in the domain of commercial politics is far keener than the German.

The American navy is at the present moment stronger than the German, and will henceforth maintain this precedence.

Even the French are on the point of building a formidable fleet, and their colonial Empire, so far as territory is concerned, is immensely superior to ours.