Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1905-12-08

Htlcal purpose should be f0rDluuen by
law, directors should not be permitted
to use stockholders money for such
and, moreover, Il prohibition
OF this kind would be, as far as it
the evils aimed Mt in corrupt practices
acts.
The Hague Conference.
The first conference of nations held
at The Hague in 1909, being unable to
dispose of all the business before 1t,
recommended the consideration and
settlement of number of important
questions by another conference to be
called subsequently and ut an early
date. These questions were the follow
ing: o. The rights and duties OF neu-
trails; GU the limitation of the armed
forces on land and sea and of military
budgets; 81 the use of new types and
calibcrs of military and naval guns; a.
the inviolability of private property at
sea In times of war; 60 the lombard
ment of ports. cities and villages by ma
val forces. In October, 1904, ut the in
stance of the interparliamentary union.
issued invitations to all the powers
signatOry to The Hague convention to
send delegates to such conference
and suggested that 1t be again held ut
The Hague.
From all the powers acceptance was
received. coupled In some cases with
the condition that we should wait until
the end of the war then waging be-
tween Russia and Japan. The emperor
of Russia, Immediately after the treaty
of peace which so happily terminated
this war. in note presented to the
president on Sept. Is took the initiative
In recommending that the conference
be now called. The United States gov
eminent i'll response expressed It's cor
dial acquiesccncc and stated that 1t
would as a matter of course take part
In the new conference and endeavor tC
further Its aims. We assume that all
civilized governments will support the
movement and that the conference Is
now an assured fact. This government
will do everything in Its power to Sc
cure the success Of the conference to
the end that substantial progress may
be made in the cause Of International
peace, justice and good will.
Monroe Doctrine.
There are certain essential points
which must never be forgotten as re-
CARDS the Monroe doctrine In the first
place, we must as n nation make 1t ev-
f1nnf fhuf n I,,% 90 10
In any shape or way rs an excuse for
ACKNOWLEDGMENT OIL our part at the ex-
pense Of the republics to the south.
But we must make 1t evident that we
do not intend to permit the Monroe doc
trine to be used by any nation ON this
continent as shield to protect it from
the consequences of Its own misdeeds
against foreign nations. The Monroe
doctrine does not force US to interfere
to prevent the punishment of a port
save to see that the punishment does
not assume the form Of territorial occu-
patton In any shape. The case is more
difficult when 1t refers to q cOntractual
obligation. This country would GER
tainly decline to 20 to war to prevent
foreign government from collecting
just debt On the other hand, 1t Is
very inadvisable to permit any foreign
power to take possession. even tempo
rarily, Of the custom houses of an
American republic In order to enforce
the payment Of its obligations, for such
temporary occupation might turn into
a permanent occupation. The only es.
cape from these alternatives may at
any time be that we must ourselves
undertake to bring about some arrange
ment by which so much as possible of
just obligation shall be paid.
To do SO insures the defaulting re-
public from having to pay debts Of an
improper character under duress, while
1t also insures honest creditors Of the
republic from being passed by In the
interest of dishonest or grasping cred
itOrs. Moreover, for the United States
to take such position offers the only
possible way Of insuring us against a
clash with some foreign power. The
position Is therefore In the interest of
peace as we'll as In the interest Of JUS
ticc.
SantO Domingo.
SantO Domingo has now made an ap-
peal to us, and not only every principle
Of wisdom, but every generous instinct
within us, bids us respond to the up
peal. The conditions In Santo Domingo
have for n number of years grown
from bad to worse until year ago all
society was on the verge of dissolution.
Fortunately just at this time n ruler
sprang up In Santo Domingo who. with
his colleagues, saw the dangers threat
ening their country and appealed to the
friendship Of the only neighbor who
possessed the power and the will to
help them. There was imminent dan
ger of foreign Intervention. The pa
thence Of foreign creditors had become
exhausted, and ut least two foreign ma
tons were ON the point Of Intervention
and were only prevented by the unoffi-
cial assurance Of this government that
1t would itself strive to help SantO
Domingo in her hour Of need.
Accordingly, the executive depart
ment of our government negotiated q
treaty under which We are trying to
help the Dominican people to straight
en- out their finances. This treaty Is
pending before the senate. In the
meantime a temporary arrangement
has been made under which the Domin-
lean government has appointed Amer
leans to all the important positions in
the customs service. and they are see
ing to the honest collection Of the rev.
enues, turning over 45 per cent to the
government for running expenses and
putting the other IS per cent into
safe depository for equitable division
in case the treaty shall be ratified
among the various creditors, whether
European or American.
Under the course taken stability and
order and all the benefits of peace are
Mt last coming to Santo Domingo, dan
ger Of foreign Intervention has been
suspended, and there Is at last pros
peet that all creditors will get justice,
no more and no lesA u tho arrange