The free lance. (Fredericksburg, Va.) 1885-1926, 1905-08-15

Law but II is the funda-
mental feature of our entire foreign pol
icy $50 far az the western hemisphere is
concerned and II has more and more
hrcu meeting with recognition abroad.
Tho reason why n is meeting with this
recognition g. because We have not al
lowed 70 20 become fossilizcd but have
adapted our construction ~ 81 10 meet the
growing changing needs Of this hemis-
phcre. F0--ll.zltion. Of course. means
death. whether 90 au individual. gov
eminent or doctrine.
Let us look FOR 20 moment at what tho
Monroe Doctrine really Dr. 10 fDrhid- the
territorial ,ucrYachmtut Of n-Amerlcan
powers on American soil It's purpose Is
partly 20 secure this nation against see
Ing greatly military powers obtain new
fn0fholds iu the western hemisphere and
rartly 20 secure 20 our fellow republics
south Of us the chance 90 develop along
their own lines without being oppressed
or conquered by nnu-American powers.
AS W. have grown more and more pow
,rfIl our advocacy of this doctrine has
been received with more and more re-
.prDt. but what ha- tended most 70 give
the doctrine standing among the nations
is our growing willingness 10 show that
we not only mean what We say and are
prepared 20 back b. up. bat that W. mean
To- recognize our obligations 20 foreign
peoples uo Jess than 90 insist upon our
own rights.
va cannot permanently adhere 10 the
Monroe Doctrine unless We succeed IN
making 81 evident Boo the first place that
We do not Intend to treat 10 IN any shape
or way as au excuse for ACKNOWLEDGMENT
- 81 NfT rarlrr "a
lies ~ the south Of as second. that We
ID, not intend 20 permit o. 90 bee used by
any Of these republics as shield 20 pro-
tect tiat republic nom the consequences
~ us own mlsir,ds against foreign ma
tiou- third. that inasmuch az By this
doctrine wc prevent other nations from
int.rfcriue 0n this side ~ the water We
shall ourselves boo good faith try 20 helf
those of our sister republics which need
such help upward toward peace and
order.
A. regards the first point we must rec
ognizc the fact that In some South Amer
lean countries there has been much sus-
ulciou lest wc should interpret the Mon
roe Doctrine IN some way inimical 10
their interests Now let Il be understood
once for an that no just and orderly gov
eminent on this continent has anything
o. fear from ms No stable and growing
American republic wishes 10 sea some
great uon-American military power as
puire territory lu its ne!ghbOrhoOd. II
must Boz understood that under no cir
cttustsuces VIII the United States use the
Monroe Doctrine as a cloak for terrific
rial aggression.
do NOT want 70 SEQ any foreign power
take possession permanently or tempo
rarily OF the custom houses OF an Amer
lean republic lu order 10 enforce It's OBJ
LEGATIONS. and the alternative may az any
time Dee that We shall be- forced TO do so
ourselves.
Santo Domingo has now made an APP
peal 90 us 20 help IL. and not only every
principle Of wisdom. but every generous
Instinct within ms bids US respond to th'
appeal. The patience OF her foreign cred
itors had become exhausted. and Al leas'
one foreign nation was on the point OF
Intervention. and was only prevented
from Intervening by the unofficial assui
ance OF this government That II woul'
itself strive 20 help Sauto Domingo In hel
hour Of need.
Accordingly. the executive department
OF our government negotiated treaty
under which W. are TO try to help thu
Dominican people 10 straishten out tneh
finances. This treaty Is pending before
the senate. whose consent 20 II Is neceS
sarv. In the meantime We have made
temporary arrangement which VIII las
until the senate has had time to tak'
action upon the treaty.
So much for one feature OF our foreign
policy. Now for one feature Of our DO
nestle policy. one Of the main featur'
Il
should Doe the effort 10 secure adequate
and effective supervisory and regulatory
control over all great corporations dom.
an Interstate business. Much OF the leg
lsletion aimed TO prevent the evils con
n.cted with the enormous development
of these grent corporations has been In
effective. partly because II aimed at DO
Ing too much. AMI partly because II III
not confer on the government a. reall,
efficient method OF holding any quit
corporation 10 account. The ef1ort e
prevcnt an restraint OF competition
whether harmful or beneficial. has beet
an Judged. what Is needed Is not 30 mucl
the effort To prevent combination as
vigilant and effective control OF the com
bluations formed. so as 10 secure Jus
and equitable dealing on their part ak
toward the public generally toward thei
smaller competitors. and toward the wag'
workers In their employ.
Under the present laws we have In th'
last four years accomplished much tina
IA Of substantial value. but the Difficult
ties I'm the way have been so great as L
nrove that frther legislation Is advisable
Many corporations show themselves hon
orablv DESTROYS to obcy the law; but. un
fortunately. some corporations. ana very
wealthy ones at that exhaust every efror
which can be suggested by the highes
ability. or secured by the most lavish ex
penditure OF money. TO defeat the pur
poses OF the laws on the statute books.
They are greatly In error. Either they
will have to submit to reasonable super
vision and regulation by the national au
thorlties. or else toy VIII ultimately haF'
to submit To governmental action Of
lar moro drastic type.
II may we'll be that we shall find thS'
the only effective way OF exercising this
supervision is TO require all corporations
engaged I'm interstate commerce 10 p,O
duce proof satisfactory. say. to the ds-
partment Of commerce. that ING aIs nv
nsrties 10 any contract or combination or
engaged In any monopoly III inter -
trade In violation OF the antitrust Jaw,
ana tnAI lntlI tbilhh'N VI
specified points IL proper; and morsos.i,
that these corporations shall agree, 80
a penalty of forfeiture OF their
engage I'm such commerce. to furnish snS
evidence OF any kind as to theH 49,
between the states whenever 80
nv the department Of commerce. .Ao
When. as is now the case MANI % ~
great corporations consistently STRAIN ~. ~
iast resources Of legal technicailly "
a,,oid obediance to a law for the Reason
shIa regulation Of their business INC oniy
~ effectively to meet this attitude on
,hejr mart is to give TO the executive oe-
nartment Of the government more ol-
rsot and. therefore. more eficientSuptI-
vision and control Of their management.
our ideal must be the effort to combine
all nroper freedom for individual enort
with some guarantees that the efrort Is not
exercised in cohtravention OF the eternal
and immutabls principles Of justice.
At the conclusion OF HE speech, the
president and his party were driven
to Lakewood, where they took the
special train for his Oyster Bay home
Parties leaving thecity foran extended