New-York tribune., 1908-06-17

last fall The Secretary Of the Treasury sst has al 10
this legislation and banking assoctations are al
Of this act + IS doubtful Il the provisions Of this
art will be invoked as the ability 70 sgPPIK PI
Of itself have tendeny to make its issuance uh-
In the mean time however. the Republican party
is Indifferent to the necessity OF tnr,de6 d ba
oip ins svstero and to that end the Congress just
Closed authorized the creation of monetary CON.
mission compose pc Saperess Clothed with power to
inquire into and report to Congress at edesssr or
desirabIs i'm the monetary system Of the 9nIred @
States or 6d IN for nG s purpose they are authorized to
sit during the sessions or recess % Io 5seirsbfa-
oaths to summon and compel the atendanee Q. F 6s
Witnesses experts and other assistants as sI g
necessary out the 9sk foT such nvst
commission was created ana 70 tbis or other coun-
frtes OF the subjects committed to tnelr chdI DC "
tney sns eon1ss,on has already organized and en-
,ared unon its Iabors and will diligently pro~seeaee ~
its dtss .ro NTH that viii meet every legitimate bUsi
ness need and promote the prosperity u '
people.
srArE DEPARTMENT ACHIEVEMENTS
Rnt in the broader field of the worlds drama; rama,
where the actors nations our country as ne
ao6s world power our influence is wordw@ide @
and always exerted in the interest OF PedEg Snte BE-
snsnv an and France regarding the right OF
rome In u war. the active influence Of the United
States both directly aaf a geas was potent
factor in bringing about peaeeaole soIuton a PAN
The participation of the United states states IN IN ' srEt
ss and the visit of Secretary Root 10 tnat confer
and to al tRi I4a ptnSSpsH S waa Win
versal acclaim, put an end 70 nne orSpr ~ HE
Gsted states was regarded the
sympathy between all the American republics This
has been augmented by the frs ssfrer Esrnbiic in
October and By the - visit dt Of ere sr est and no Sy
chief maritime rsPgefss o5 deSopsnt Of the Wor
of the International Union OF American dSepII9s
ton Of trade and friendly relations between ths me
different American countries, Ior W;n "a, an snIen
did building in the city of washington Dedicated to
the be ntsd aa states and Mexico have in
bringing about better conditions whlch VIII puL an
end 10 ali discord and peace and prosperity
in Central America. At the instance Of the United
states and Mexico G tb s peace enf meTcsn
| tries was held in Washington in November and
attended by representatives of the United States
and Mexico. a series of treaties was made OF the
treaty which provides for permanent International
court for the trial and decision Of all questions
tries. This court has just been fnaugurated in
Costa rscfo af IN nf and enduring peace in
Central America, and the United states mas Won
and receives the gratitude OF the good and peaceful
citizens of all those countries.
The building of the Panama Canal. the most
colossal undertaking of the century the successful
completion of which is now assured makes 1t more
that there shall be hostile control Of the route
between either our great Atlantic and Paclnc poIo
| Importance that the people inhabiting the islands
and shores of the Caribbean shall maintain inde-
policy Of the United States to aid them in main
tanning such governments has been prosecuted with
special success during the last four years
The frightful disorder and bloodshed which had
ended
United States taking the form of treaty entered
BY the simple appointment of an American agent to
res & o b no SPP
debts, without landing a soldier or firing gun.
past the commerce and industry Of the island have
1e % t6en $40 apd cR Th hmR
like pail over the people: who had given up all
6es"stf een Rdusfed pay and Settled at less than
completely assured by the revenues resulting from
the new prosperity;
the time of its inauguration. but now generally
ticaiy ceased customs laws have been mpartially
enforced 3 resqDs 81 m m in n ar M 1crsase @ Of 9nst9s Pms co
ending March 81 1908 Out OF 81 s3s collected IN
tne Iass ~ , e ana ae9Ss o e @
the benefit Of creditors.
THE SECOND HAGUE CONFERENCE.
With the active participation Of the delegates Of
contershes cor At The Hague IN the summer si Of i5S
entered into agreements which. taken together
of the greatest advances made a
reasonable and peaceable regulation OF interna-
tonal conduct Twelve treaties agreed upon at that
conference. all designed for reducing the prob
ability mitigating the horrors Of war have been
approved by the Senate and ratified by the Presf-
dent of the United States
Important among these treaties was the agree
nent proposed and urged upon the conference by
the United States under which Gil the civilized
powers agree not to force for collection O
contract debts claimed by their citizens against
the protection of arbitration as the Justice and
the amount OF the debt or time and mode in which
II ought TO be paid. This agreement a long step
toward putting an end TO that speculation the
relies for the enforcement OF exortitant and fraud
ulent claims upon the bullying gunboats OF the
greater powers
Following the action OF the Hague convention in
manent Court OF Arbitration at The Hague the
United states has put itself upon the basis OF the
peace1ui settlement of international disputes by
conciudlns general treaties OF arbitration with Eng
Inano. FLanes Spain Portusal the Netherlands.
Mexico and Japan while many other similar
treatfes are In course of negotiation. Under the
general treaty with Great Britain. the two coun-
tries nave agreed 70 arbtrate before the Hague
tribunal the difficult and vexing questions which
for more than century. have caused SO much III
VIII and controversy regarding the rights our
fishermen in the fisheries on the coasts OF New
Ioundiand and the maritime provinces OF Canada
congress az it's last session the necessary ap
preparations 10 defray the expense OF this arbtra-
ton i " ' @'"
The great srowth in population and wealth OF our
Canadlan nelghbor has produced continually in
creasing accumulation OF dificult and trritattns
miles or boundary between Canada and the United
Stdtes IN 1888. so pressing had these questions
come, tnat a Joint High Commission created
for the purpose of settling them hut the cou1nis
hEor