Bisbee daily review., 1905-08-12
AUGUST a


 T en out their finances. This treaty i; 1 pending before the senate, whose con
 sent to it is necessary In the mean
 time we have made a temporary ar
 rangement which will last until the senate has had time to take action up , on the treaty. Under this arrangement , We see to the honest administration of
 the custom houses, collecting the rev enues. turning over forty-fiYe per cent to the government for running expen-
 ses and putting the other fifty-fiye per , cent into safe deposit for equitable kdivision among the various creditors. whether European or American. ac-
 cordingly as, after investigation. their
 claims seem just.
 The custom houses offer well nigh
 the only sources of revenue in Santo Domingo, and the different revolutions lusually have as their real aim the ob-
 taining possession of these custom houses. The mere fact that we are protecting the custom houses and col lecting the revenue with efficiency and honesty has completely discouraged all revolutionary movement. while it has already produced such an increase In the revenues that the government
 is actually getting mere from the for
 ty-five per cent that we turn over to it
 than it got formerly when it took the entire revenue. This is enabling the
 poor harassed people of Santo Domin-
 go once more to turn their attention ! to industry and to be free from the curse of interminable revolutionary disturbance It offers to all bona fide | creditors. American and European. the only really good chance to obtain that l to which they are justly entitled, while 1t in return gives to Santo Domingo the only opportunity of defense az ainst claims which it ought not to pay for now if it meets the views of the senate We shall ourselves thoroughlv examine all these claims, whether Am ! erican or foreign, and see that none that are improper are paid. Indeed. ! the only effective opposition to the treaty will probably come from dishon- ! est creditors. foreign and American. ] and from the professional revolution | ists of the island itself We have al- | ready good reason to believe that some | of the creditors who do not dare ex- pose their claims to honest scrutiny are endeavoring to stir up opposition to the treaty both in Santo Domingo | and here, trusting that in one place or the other 1t may be possible to secure either the rejection of the treaty or else it's amendment in such fashion as to be tantamount to rejection.
 Under the course taken, stability and order and all the benefits of peace l. are at last coming to Santo Domingo. |, all anger of foreign intervention has ceased, and there is at last a prospect that the creditors will get justice, no more and no less. If the advancement is terminated, chaos will follow: and if chaos follows, Sooner or later this government may be involved in seri- ous difficulties with foreign govern mentS over the island, or else may be forced itself to intervene in the island In some unpleasant fashion. Under the IS present arrangement the independence of the island is scrupulously respected. he danger of violation of the Monroe Doctrine by the intervention of foreign powers vanishes, and the interference f our government is rnfnimized. SO ! hat we only act in conjunction with 7 he Santo Domingo authorit to se- :. ure the proper administration of the ' and therefore to secure the v ayment of just debts and to secure V le SantO Domingo government az ~ inst demands for unjust debts. The ., resent method prevents there being o ny need of our establishing any kind - protectorate over the island and '; ives the people of Santo Domingo the t; anne chance to move onward and up- U Tard which we have already given to q he people of Cuba. It will be doubly !, O our discredit as a nation if We fail = O take advantage of this chance; for = t will be of damage to ourselves, and, f lbove all, it will be of incalculable - damage to Santo Domingo. Every con z sideration of wise policy. and. above i all, every consideration of large gener- Osity, bids to meet the request of San , to Domingo as we are now trying to / meet it.
 A Feature of Our Dome estic Policy.
 So much for one feature of our for eign policy Now for one feature of our policy One of the main fea- lures of our national governmental pol icy should be the effort to secure ade- Quate and effective supervisory and control over all great cor porations doing an interstate business. Much of the legislation aimed to pre- vent the evils connected with the enor- nous development of these great cor porations has been ineffective, partly because it aimed at doing too much, and partly because it did not confer on the government a really efficient meth cd of holding any guilty corporation to account The effort to prevent all re- straint of competition, whether harm ful or beneficial. has been i'll judged; what is needed is not so much the ef- fort to prevent combination as vigil ant and effective control of the com binations formed, so as to secure just and equitable dealing on their part alike toward the public generally, to- ward their smaller competitors, and to- ward the wage workers in their en- ploy.
 Good and Bad Corporations.
 Under the present laws we have in the last four years accomplished much that is of substantial value; but the difficulties in the way have been so great as to prove that further legisla- --a--.--aI- n-.---- a-.---...--a .e..,-