The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-01-23
The Fashion Center.
The great Plymouth Clothing House.
YANKEE RULE FOR
SANTO DOMINGO
Fiscal Affairs Are Placed Under
American Control by Island
Republic.

Washington, Jan. 23.-After a con-
sultation with Secretary Hay, the fol-
lowing statement regarding the situa-
ton in Santo Domingo was issued by
Assistant Secretary Loomis today:
The Dominican republic. after mature
consideration Of existing conditions, has
formally and freely invited the govern
ment Of the United States to assist it
in the administration Of its customs rev.
eniles and to aid it In putting its fiscal
system upon a firm and businesslike
basis.
The government Of the United States,
having been informed by more than one
of the great powers that it ought either
to try to evolve some order out Of the
financial conditions in Santo Domingo,
or assent to certain European creditors
of that republic doing this, has deemed
it advisable in view Of the unfortunate
financial conditions in Santo Domingo,
which for the last ten years have been
growing worse, to accept the invitation Of
the Dominican government, and therefore
representatives Of this government and OF
Santo Domingo have signed a memoran-
dunn Of a. proposed agreement looking to
American control Of fiscal affairs upon
the request and with the consent of the
Dominican government.
Yankee Guarantee.
The United States proposes to guarantee
the territorial integrity Of the Dominican
republic.
It Is not the purpose of this government
to assume a protectorate over Santo Do
mingo or to interfere with, or participate
in, it's domestic affairs any further than
the collection Of it's customs revenues,
the necessary revision of its tariff laws
and the adjustment, thru properly con
stituted tribunals or commissions. of its
foreign claims and it's economic and
fiscal organization on sound basis may
make it essential to do.
The government of the United States
does not guarantee the debts of Santc
Domingo or agree to provide for the
payment of them, but only promises tc
try to so organize and adjust the f1sca
administration Of the country that ir
time their liquidation may be accom-
plished automatically and on a basis o.
equity toward all creditors.
Menace for America. -
The unfortunate financial condition O
| Santo Domingo more than once In the
| last decade has brought to the United
| States government questions fraugh
| with imminent. peril. The government o.
the United States could not. with dut
self respect, allow the impression tt
deepen and gain currency that the Mon
roe doctrine can be used as shield b!
American republics to deny Justice t
other governments. Many foreign claim:
are just, beyond peradventure, and, be
ing held by citizens of various govern
ments, the problem became increasingly.
more difficult as to how these claim
could be satisfied under existing condi
| lions with fair treatment toward all. II
some respects still more embarrassin.
feature of the situation has been tina
the Dominican government has bee
compelled by force to pay grossly exorbi
tant claims and the question has arise1
whether the United States should inter
pose in such cases. Such tnterpositio
has never been resorted to perhaps bu
once in our history.