SPLENDID ISOLATION

The League of Nations is extending every effort to close Europe to non-European commodities. It is questionable whether this can be brought about because of the prevalence of the "most favored nation" clause in diplomatic relations. But this policy shows a sentiment among statesmen for a united and isolated Europe, which is a serious menace to America.

The economic evils which would be suffered in this country if isolation were carried out are obvious. Less clear, but no less dangerous, are the two powerful commercial alliances to which this plan would surely lead. The magnitude of the World War can be traced to two great combinations which arose because of colonial and military rivalry. This theory of isolation would lead to two similar, but larger, consolidations arising from and based on economic competition. War would be almost inevitable since the most vital national interests of today would be diametrically opposed.

Americans will view these proceedings with alarm. But they cannot support the protective policy of the United States and condemn similar measures in Europe. Adam Smith, one of the greatest advocates of free trade, said that restrictions on trade were perfectly justifiable if in retaliation. But the evils which this measure will bring really overcome any abstract ideas of justice that it may have in its support.