The German Emperor mate a speech at Cuxhaven on Tuesday,
in which he declared that his whole endeavour in the future would be directed to securing the harvest of which the seeds have been sown,—meaning, of course, the harvest of maritime and colonial power. Germany had not yet got the Navy,she ought to have, but "we have fought for our place in the sun and have won it," and he (the Emperor) meant to see that the rays of that sun shall exert a fructifying influence upon industry, foreign trade, commerce, and yachting, "for our future is on the water." Recent events in China were a pledge for the maintenance of European peace. The Powers had learnt by their comradeship in arms to respect each other. During that peace Germany must be inspired by the Hanseatic spirit—the spirit of oversea adventure—and it was therefore to the Hanseatic spirit that the German Emperor emptied his glass. After dinner the Emperor presented his portrait with a very laudatory inscription to Herr Bailin, the director of the Hamburg-America line, on one of whose ships the banquet was held. Herr Bailin is a Jew. The Emperor's speech, like all his public utterances, is very interesting, but he must not forget that the place he has won in the sunshine is in Asia, and that the Asiatic sun is apt to give sunetroke unless people keep their place in it with caution.
