The commercial. (Union City, Tenn.) 190?-193?, 1901-11-29

I opportunity TO 90 remunerative work Is
4 one Of the surest preventives OF war OF
/ course no business man Will so into the
1 Philippines unless Il is to his interest TO
/ do SO, and II is immensely TO the interest
OF the islands that he should 90 in II Is
should pass laws by which the resources
Of the Islands can be developed, so that
franchises Qor limited terms OF years. can
be granted to companies doing business IN
them and every encouragement be given
kind.
the Philippines. The franchises must be
granted and, the business permitted only
under regulations which viii guarantee the
islands against any kind OF improper eX-
ploitation. But the vast natural Wealth
OF the Islands must be developed, and the
capital wiling to develop it must be given
the opportunity. The field must be thrown
open to individual enterprise. which has
been the real factor in the development OF
every region over which our fiag has ilown.
II is urgently necessary 70 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 viii surely follow VIII
afford to the people Of the islands the
best proofs Of the sincerity Of our desire
TO aid them,
also urged either that the government
lay such a cable to connect Hawaii and
the Philippines or that an arrangement
be made by which the advantages ac-
cruing from a government cable may be
secured to the government by contract
with a private cable company. This he
deems necessary for both commercial,
political and military considerations.
The Iathmian Canal.
He calls attention to the need of an
isthmian canal, and says:
Its Importance to the nation Is by no
means limited merely to its material et-
nrOGnprftN and
yet with view TO these effects alone IT
would be to the last degree important
for us Immediately to begin 1t. While its
beneficial effects would perhaps be most
marked upon the Pacific coast and the
gulf and south Atlantic states, II would
also greatly benefit other sections. II is
emphatically q work which i Is for the
interest of the entire country TO begin
and complete as soon as possible; il is
one OF those great works which only
great nation can undertake with pros
poets of success and which when done
are not only permanent assets In the ma
TONS material interests. but standing
monuments TO its constructive ability"
OF the new treaty recently concluded
with England he says; Il am glad to be
able to announce TO you that our negotia-
lions on this subject with Great Britain.
conducted on both sides In spirit Of
friendliness and mutual good Will and re-
spect, have resulted in my being able TO
lay before the senate treaty which II
ratified will enable us TO begin preparations
which guarantees to this nation every right
that it has ever asked in connection with
the canal. In this treaty the old Clayton
Bulwer treaty, so leng recognized as in
adequate to supply the base for the con-
struction and maintenance of necessarily
American ship canal, is abrogated. IL spe-
cially provides 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
Nth out 6a s4t1a M or INF
of any outside nation from any quar-
ter. The signed treaty will at once
be laid before the senate, and II APP
proved the congress can then proceed to
give effect to the advantages 1t secures
us by providing for the building of the
canal"
The president sets forth the objects of
which II has been received by other
countries, and in connection with II says
this nation has not the slightest desire to
acquire any territory at the expense OF
any of our neighbors and cites our atti-
tude toward Cuba as a guarantee of our
good faith. He says also that this
doctrine has nothing TO do with the com
mercial relations of any American power
save that ii in truth allows each of them
to form such as It desires" That I'VE
do not ask for any exclusive commercial
treaty with any other American state"
He says of this:
"The Monroe doctrine should be the
cardinal feature of the foreign policy OF
# Is i Of the United States Just Is Years
have passed since President Monroe In
his annual message announced that the
American continents are henceforth not
to be considered as subjects for future
colonization by any European power In
other words. the Monroe doctrine is a
declaration that there must be no terri |
torial ACKNOWLEDGMENT by any non-Ameri- !
can power at the expense Of any Ameri-
can power on American soil. 1t Is in no.
wise intended as hostile TO any nation in
the old world. Still less IS 1t intended to
give cover to any aggression by one new
world power at the expense of any other.
1t is simply a step, and a long step, to-
ward assuring the universal peace OF the
world by securing the possibility OF per- |
peace on this hemisphere"
The Navy.
The president urges the continued up
building of the navy as means of per- |
forming our international duties as well as |
a protection and safeguard for our inter-
rights. He urges that our place |
as a first-class power necessitates the |
building and maintenance of navy in |
keeping with our. place among the nations
Of the world, and says:
80 far from being in any way provo
cation to war, an adequate and highly |
trained navy is the best guarantee against |
war the cheapest and most effective peace |
insurance The cost of building and main |
tanning such a navy represents the very |
lightest premium for insurlng peace which |
TINS naIlon can possibly pay.
He recommends both the construction
~ more ships and the addition of more
officers and men as absolutely necessary,
and says:
There should be no cessation IN the
work of completing our navy. So far in
genuity has been wholly unable to devise
substitute for the great war craft whose
iammering guns beat out the mastery of
he high seas. 1t Is unsafe and unwise
lot to provide this year for several addi-
ionaI battleships and heavy armored
with auxiliary and tighter craft
n proportion. For the exact number and
character / refer you to the report of the
hing we need even more than additional
hips, and this Is additional officers and
men. To provide battleships and crtis-
RS and then lay them up, with the ex-
of leaving them unnamed un-
IL they are needed in actual war. would
,e worse than folly. It would be a crime
Igainst the nation.
ITO send any warship against compe-
ent enemy unless those aboard IL have
,een trained by years OF actual sea serv-
ce, including incessant gunnery prac-
ice would be TO invite not merely dis
ster, but the bitterest shame and humiI-
alton Four thousand additional sea-
nen and a thousand additional marines
honld be provided, and an increase in
he officers should be provided by making
large addition TO the classes at Annap-
lis. There is one small matter which
hould be mentioned in connection with
annapolis. The pretentious and unmean-
az title OF naval cadet should be abol-
she'd. the title OF 'midshipman,' full Of
istoric association. should be restored
1--WE now have II battlcships approDri-
ted for of which nine arc completed
nd have been commissioned for actual
ervice. The remaining eight will be |
l4r frtga n - lint 1