Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1906-12-07

+, with South America. He says it is discred-
liable to us that our business people, loI
lack of lines of steamers to South America,
should be at disadvantage compared with
Europe in dealing with our great sister con-
| tinent
Currency Reform.
| The President points out that the cur
rency laws are defective He calls for legis-
lation and submits the plan of the secretary
of the treasury as possible solution Ma
| tional banks should be permitted to issue a
! specified proportion of their capital in notes
/ of given kind, the issue to be taxed at SO
high a rate as to drive the notes back Wnen
not wanted in legitimate trade. The plan
would not permit the banks to issue eur
rency at profit, but to meet the emergency
| presented by times Of strtngency. FunuS
derived from custom duties should be per
mitted to be treated by the secretary OF tue
treasury as he treats funds obtained unuer
internal revenue laws. There should De d
considerable increase in bills of small de-
nominations. Permission should be given
banks, if necessary under settled conditions,
to retire their circulation to larger amount
than So, 900, 900 month.
Philippine Tariff.
The President hopes for reduction Oh
the Philippine tariff or eise absolute free
trade. He sees no possible harm to Amerl-
can industry. In only two of the Islands,
Leyte and Samar-is our authority resisted
and there by only wild mountain trlDes
under superstitious leadership of fanatics,
We are constantly increasing the measure
of liberty in the islands.
He says the nation should aid the Philip
pines, Porto Rico and Hawaii. lie urges
citizenship for the people of Porto Klco anu
improvements for that island He advo-
Gates Il complete reorganization OF the gov
eminent of Alaska
International Morality.
We must treat all nations fairly, says
the President, and must treat with JUS
tice and good will all immigrants VINO
come here under the law. He rebukes
those communities which have shown hos
tility to the japanese. He points out
that japanese civilization is older than
which we have chiefly sprung. He points
out the marvellous development of Japan
in every way He calls attention to, the
fact that Japan sent 100000 to San Fran
cisco at the time of the earthquake In
the face of all this, the President says
San Francisco has shut the Japanese out
of the schools. He says it is wicked
absurdity to shut out the japanese from
our educational institutions. We have, as
much to learn from Japan as Japan mas
from us. Throughout Japan Americans
are we'll treated and we should show like
courtesy to the Mikado's people.
We cannot hope for great commerclal
other nations the same measure OF justice
and good treatment we expect to receive
He recommends that Congress pass an act
specifically providing for the natural1za-
ton of Japanese who come here intending
to become American citizens. one OF the
greatest embarrassments attending I'm, the
lions Is the fact that the statutes or the
United States fail to give the national gov
eminent sufficiently ample power through
United States courts and the army and
navy to protect aliens In the rights Sc
cured to them under solemn treaties which
are laws of the land. He asks for eI law
giving the President the right to enforce
the rights of aliens under treaties. The
mob Of one city may at any time commit
acts against foreigners which may plunge
the whole country into war and the city,
powerless itself to make defense, would
have to have the national governments
aid It is wrong that the government nm must dd
nothing to prevent the commission OF
hostile act.
The President explained his action in
government had failed and it was neceS-
sary for the United States to act in order
to prevent some foreign power from step
ping ill., under guise of protecting its sub
iects. When the elections are held i'll
Cuba and a government restored the Amer
lean troops and governor, general viii be
withdrawn. The United States wishes
nothing from Cuba except that it prosper
morally and materially. If the insurrec-
ton habit becomes confirmed 1t VIII De
necessary for the United States to step
in and terminate Cubas independence.
America is Cubas sponsor and must see
that life and property are protected Oh the
The Rio Conference.
The Rio conference and Secretary Roots
visit to South America dispelled the I'M
founded impression that the United States
is hostile to the South American republics.
He laid the foundation for trade relations
between the United States and the re-
publics. He also told of the plan to sub
NIT to the Hague all questions of co!lec-
ton of foreign debts from the American
republics.
Central America.
The President told Of how the United
States acting with Mexico ended the war
between Salvador, Guatemala, and Hon
duras. The President thinks that the time
has come when the United States acting
with other American nations can preserve
peace among the people of the Western
Hemisphere.
Panama Trip.
The President promises to report in the
near future on his Panama trip.
The Algeciras Convention.
The signing of the Algeciras conventiop
insured for us commercial rights in Morocco
and does not entail single obligation.
The Senate is asked to ratify the treaty.
Fur Seals
The destruction of the Prbilof Islands
fur seals by pelagic sealing still continues
and the seals are fast becoming extinct
The President asks for swift action. The
stealing is accompanied by fearful cruelty.
Second Hague Conference
The President reports progress in arrang,
ing for the second Hague conference. No
date has as yet been fixed
Peace and Righteousness.
We should do all in our power to pre-
serve peace, but also we should be pre-
pared for war, says the President. just
war Is better than peace obtained by ac
quiescence in wrong or injustice. The
chance for the settlement of disputes peace
fully, by arbitration, now depends mainly
upon the possession by the nations thar
mean to do right of sufficient armed
strength to make their purpose effective.
The Army and Navy.
The United States navy is the surest
guarantee of peace which this country pos
sesses The President does not ask that the
navy be increased but asks that it be main
tanned at it's present strength. To stop
building ships for one year, means that for
ward. Each year one firstclass battleship,
equal to any being built b. other nations,
should be built. Of course from time to
time cruisers and other warships must be
built AS our ships are constantly wearing