New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-01-15

on land and sea- 1t believes that an irnportar- posi-
ton is reserved for Spain in the future Of old Europe
both sides of the Mediterranean and IS of opinion
that the surest way to bring this about IS place
the national territory in as perfect state of defense
possible and to reOrganze and strengthen the array
and navy. that they may equal the best military
forces in the world.
But the whole work of administrative reorgarz alton
and national defense will have TO be undertake by
the Liberal Democratic Party according to the
of which the Treasury disPOses, not TO increase
expenses to such degree as to make considerable
loans necessary, thus augmenting the public debt
In financial questions the party agrees with The OBJ
servatiOn of the lustrOus Gladstone that the raising
of loans is symptom of bad policy, whereas the
gradual and periodical liquidation OF the debt the
best proof of thrift in a State.
| have full and absolute confidence in the great
prudence of the King of Spain, whose mind l consider
to be open to general progress. The King certainly
will place obstacles IN the way of any tend
ing the welfare and progress of Spain IN social as
we'll in political and economical directions do
think that he is tied to any political party but believe
that he always will be ready to accept frankly and
without reserve any program of government which
the parties according the exigency of the circu
stances might present him with the support of pre-
pOnderating public opinion
The party harbors no intentions of venturesome
nature. Its first consideration must be the welfare
and progress of the country and the reOrganzaon of
its powers that Spain may occupy among the nations
the post which its glorious history is constantly
calling it. The party viii try maintain the friendly
although the interest of the former does Obge to
take active part in the questions and conflicts which
might arise between the great powers of Europe.
Nevertheless SPANS international policy of
must tend toward securing the closest friendship of
the sister countries, Portugal and Spanish America
Attention also must always be given to the north
of Africa, where Spain certainly is entitled the
legitimate and pacific influence which historical and
ethnographical causes cOncede 1t that these
rights Will always be recognized by the European
powers whose claims in this question by any means
cannot be compared with those of Spain.
Our party does not think of looking backward but
resigns itself to that which cannot be altered now.
however painful the remembrance of the past may be
Spain will be entirely courteous in its relations with
the United States of America.
What has occurred in Panama and that which
is threatening to happen in Santo Domingo clearly
explain the true meaning of the Monroe doctrine
America, according to it. is not to be reserved for
Americans America is to belong to the United States
The actual President of the American Union Will mix
special epoch in the history of the New World nd
the great powers of Europe not only ed
to his policy, but acquesce and assist him L to
be hoped. however. that the Spanish race exte-ted
over the largest part of the American continen VII
know how to preserve its independence