Cameron County press. [volume] (Emporium, Cameron County, Pa.) 1866-1922, 1902-12-25
20 PAGES.
WASHINGTON LETTER.
LR,ou, our Reo.laz Osrrsspoadent.

There is a rapidly growing con-
viction in Washington that the
Venezuelan episode when passed
will have added another laurel to
the reputation of Secretary Hay as
a diplomat and that the course of
straight forward diplomacy, as ex-
emplified by President Roosevelt's
exposition of the Monroe Doctrine
In his first message to Congress,
will have scored another victory.
The statement that "The Powers
concerned, (Great Britain and Ger
many) will deal solely with the
United States in the matter of arbi-
tration," is regarded as the great
est recognition the Monroe Doc
trine has ever received. The accep-
tance by the Allies of the arbitra-
tion proposals forwarded by Secre-
tary Hay, although accompanied
by some condition which complicate
the situation, is regarded as for
shadowing the peaceful conclusion
Of the present difficulty and the
administration has turned it's at
tention to facilitating that end.
While it is obviously impossible for
the United States to guarantee the
payment of such indemnity and
damages as may be allowed by the
arbitrators, the Government will
make it clear to such American
financiers as may become interested
in the situation, that it will use it's
power to protect them in any loan
they may make to Venezuela.
Secretary Hay, Ambassador Her
bert and Senator Depew, the latter
representing the Seligmans, have
already had one conference with a
view to determining what can be
done to enable Venezuela to meet
her obligations and it is believed
that eventually a satisfactory set
tlement will be the outcome of the
interest displayed by the American
bankers. Representative Hit,
chairman of the committee on Fore
ign Affairs, said to-day, "Both
parties in the House believe that
the administration has handled the
Venezuelan affair with great good
judgment and the resolution passed
by the House asking for informa-
ton should not be construed as
arguing want of confidence. The
Monroe Doctrine has been streng-
thened in three ways. The Powers
by refraining from landing troops
on South American soil have shown
a respect for the Doctrine which
will constitute precedent, the
jealousy with which the American
people regard the Doctrine has been
demonstrated and South American
countries have again been taught
the lesson that .-.<y cannot repudi-
ate their just debts and hope to get
behind the Monroe Doctrine fol
protection.
Taking the Venezuelan situation
as a text, Secretary Moody deliver
ed powerful argument before the
House Committee on Naval Affairs
recently. He cited the Presidents
statement that "Our Navy must be
a match for; any" and proceeded
to demonstrate the necessity for
six new ahips TO be authorized by
Congress this year. The President
is earnestly backing up the wishes
of his Secretary of the Navy. He
has said 81 am in favor of building
warships every year until the Unit
ed States Navy shall be as strong
as any in the world" Every in
huence which is at the command of
the Administration will be brought
10 bear on Congress to secure liberal
treatment of the Navy but there is
evident disinclination on the part
of the Naval Committee TO commit
the country to II policy which il
fears will entail heavy taxation.
All Smokers smoke the w. II.
Mayer" hand made cigar, the best five
cent cigar on he market. BE sure you
ask for 1t. 24.tf