Middlebury register. (Middlebury, Vt.) 1886-1937, 1901-12-06


so that franchises (for limited terms Of
years. can be granted TO companies do
ing business in them and every encour-
agement be given TO the incoming Of
business men of every kind. 1t Is ur-
gently necessary to enact suitable laws
dealing with general transportation,
mining, banking, currency. homesteads
and the use and ownership of the lands
and timber. These laws will give free
play to industrial enterprise. and the
commercial development which will
surely follow will afford TO the people
of the islands the best proofs Of the
sincerity of our desire to aid them.
The Cable and the Canal.
I call your attention most earnestly
to the crying need of a cable to Hawaii
and the Philippines, to be continued
from the Philippines to points in Asia.
We should not defer a day longer than
necessary the construction of such
cable. 1t is demanded not merely for
commercial but for political and mill
tary considerations. Either the con-
gress should Immediately provide for
the construction of a government ca
bic or else an arrangement should be
made by which like advantages to
those accruing from n government ca
BILE may he secured to the government
by contract with a private cable COM
pany.
No single great material work which
remains to be undertaken on this con-
tinent is of such consequence to the
American people as the building of q
canal across the isthmus connecting
North and South America. Its impor-
lance to the nation is by no means lin
tied merely to its material effects upon
our business prosperity. and yet with
view to these effects alone it would be
to the last degree important for us i'm
mediatcly to begin it. While it's bene-
fetal effects would perhaps be most
marked upon the Pacific coast and the
gulf and South Atlantic states, it would
also greatly benefit other sections. II
is emphatically a work which it is for
the interest of the entire country 10 be-
gin and complete as soon as possible.
l am glad to be able to announce to
you that our negotiations on this sub
iect with Great Britain, conducted on
both sides in a spirit of friendliness and
mutual good will, have resulted in
my being able to lay before the sem
ate treaty which, if ratified. will en-
able us to begin preparations for an
isthman canal at any time and which
guarantees to this nation every right
that it has ever asked in connection
with the canal. 1t specifically pro-
vides that the United States alone shall
do the work of building and assume
the responsibility of safeguarding the
canal and shall regulate its neutral use
| by all nations on terms of equality
without the guarantee or interference
of any outside nation from any quarter.
The Monroe Doctrine.
The Monroe doctrine should be the
cardinal feature of the foreign policy
of all the nations Of the two Americas,
as it is of the United States. The Mon
roe doctrine is Il declaration that there
must be no territorial ACKNOWLEDGEMENT
by any non-American power at the eX-
pense of any American power on Amer
lean soil. 1t is in nowise intended as
hostile to any nation in the old world.
Still less is it intended to give cover to
any aggression by one new world power
at the expense of any other 1t is sim
ply il step, and II long step. toward AS
surfing the universal peace of the world
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