The daily morning journal and courier., 1901-12-04


 ty. The field must be thrown open tc individual enterprise, which has beer
 the real factor in the development ol
 every region over which our flag has flown. It is urgently necessary to en-
 act suitable laws dealing with genera
 transportation, mining, banking, cur
 fency, homesteads and the use and
 ownership of the lands and timber
 These laws will give free play to indus
 trial enterprise; and the commercial ! development which will surely follow will afford the the people of the islands the best proofs of the sincerity of our desire to aid them.
 1 l call your attention most earnestly to the crying need of cable to Hawaii and the Philippines, to be continued from the Philippines to points in Asia. We should not defer day longer than | necessary the construction of such a cable. It is demanded not merely for commercial but for political and mili- tary considerations.
 Either the congress should immediate ly provide for the construction of a government cable, or else an arrange
 
 vantages to those accruing from q gov ernment cable may be secured to the government by contract with a private cable company.
 The Isthmtun Canal.
 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 8 canal across the isthmus connecting North and South America. It's lnpor- tance to the nation is by no means lim- 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 im- mediately to begin it. While it's bene- ficial effects would perhaps be most marked upon the Pacific coast and the gulf and south Atlantic states, it would also greatly benefit other sections. It is emphati work which it is for the interest of the entire country to begin and complete as soon as possible; it is one of those great works which only a great nation can undertake with pros- poets of success, and which when done are not only permanent assets in the nations material interests, but stand ing monuments to its constructive abil- ity
 I am glad to be able to announce to you that our negotiations on this sub ject with Great Britain, conducted on both sides in a, spirit of friendliness and nut ual good will and respect, have resulted in my being able to lay before the senate a treaty which if ratified will enable us to begin preparations for an Isthmian canal at any time, and which guarantees to this nation every right that it has ever asked in connec- ton with the canal. In this treaty, the old Clayton -Bulwer treaty, so long re- cognized as inadequate to supply the base for the construction and mainte- nance of necessary American ship ca nal, is abrogated. It specifically pro- vides that the United States alone shall | 10 the work of building and assume the | of safeguarding the canal | and shall regulate it's neutral use by all | nations on terms of equality without | he guaranty or interference of any out side nation from any quarter. The <
 
 Ore the senate, and if approved the congress can then proceed to give effect | Q the advantages it secures us by pro liding for the building of the canal.
 The Monroe Doctrine.
 The true end of every great and free people should be self-respecting peace; | md this nation most earnestly desires incere and cordial friendship with all thers. over the entire world, of recent ears, wars between the great civilized powers have become less and less fre- Iuent. Wars with barbarous or semi ,arbarous peoples come in an entirely ifferent category, being merely most egrettable but necessary international olice duty which must be performed or the sake of the welfare of mankind. 'eace can only be kept with certainty where both sides wish to keep 1t; but lore and more the civilized peoples are the wicked folly of war and re attaining that condition of just and 1telligent regard for the rights of oth- rs which will in the end, as we hope nd believe, make worldwide peace ossible. The peace conference at The Iague gave definite expression to this ope and belief and marked a stride to- ard their attainment.
 This same peace conference ac- uiesced in our statement of the Mon pc doctrine as compatible with the urposes and aims of the conference. The Monroe doctrine should be the ardinal feature of the foreign policy of Il the nations of the two Americas, as is of the United States. Just seven y-eight years have passed since Pres lent Monroe in his annual message that "The American conti ents are henceforth not to be consid- 'ed as subjects for future coloniza- on by any European power." In oth- words, the Monroe doctrine is dec- ration that there must be no territo- al aggrandizement by any non- Amer f an power at the expense of any Amer a an power on Ameri2an soil. It is in ' ) wise intended as hostile to any na- c on in the old world. Still less is it in- z nded to give cover to any aggression n one new world power at the expense { any other It is simply a step, and .- long step, toward assuring the uni ,rsal peace of the world by securing e possibility of permanent peace on is hemisphere.