New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-05-03

4 beneticent objects.
The elimination OF Castro. who was of
! the class or Zelaya, from the control of
| venezuela, has enabled us 10 settle
! peacefully the claims Of our fellow citf-
zeus in that important South American
state
As confirmation OF the friendly rela-
/ tons which now exist between this coun-
! try and ali of South America, Argentina
has placed The contract for two battle
/ ships and certain additional naval arna-
ment. amounting in money value in all
/ TO about S23.O00.0l0 and there is reason
/ 70 believe that we shall have further
contracts Of q similar sort placed in the
United States by other South American
governments.
Opportunities for Business.
The opportunity TO get this business
was brought about directly by the IN
! firing efforts Of the Department Of State,
/ eno this could not have been achieved
| but for the reo~=s nization Of the State
Department and by means of a liberal
appropriation by Congress. and the con-
sequent energetic direction Of the re-
1 formed consular service and the diplo
matte service, reorgani1ed last year
The theory that the field of diplomacy
! does not include in any degree commerce
and the increase of trade relations is one
| 20 which Mr. KNOX and this admin1stTa-
/ ton do not subscribe. We believe it to
/ be Of the utmost Importance that while
our foreign policy should not be turned
2 hairs breadth from the straight path
| OF Justice it may be we'll made to include
active Intervention to secure for our
merchandise and our capitalists oppor-
tunity for profitable investment which
shalt inure to the benefit Of both coun-
tries concerned. There is nothing in
consistent in the promotion Of peaceful
relations and the promotion of trade re-
lations.
To call such diplomacy dollar diplo
macy" and thus apply 10 IL what is
deemed By The authors of the phrase an
expression OF contempt, is to ignore en-
tirely most useful office 10 be per
formed by a government in its dealing
with foreign governments Such diplo-
macy gives 20 the merchants Of other
countries in the competition for the trade
Of the world an advant which their
own governments are ONLY too glad 10
offer to them, and which our government
ought not 10 deny 70 her own merchants,
manufacturers and capitalists
Our trade has grown quite beyond the
limits Of this country With an annual
foreign trade exceeding S2,0o0.0eQ,o 600. our
state Department could not TindtCate its
any way withheld fostering. protecting
and stimulating hand in the development
and extension OF that trade.
" ttsf FSiste0 SFfctVpHfCtfAs
There is promised great railway de-
Velopn1ent in the Empire OF Turkey, and
our State Department IS using such
proper efforts as il may TO assist Ameri
can contractors and constructors in Sc
curing the contracts for the making of
these railroads.
La referring to the agreements with
China Mr.. Taft said: we have pro-
visions whereby the Chinese government
promises to reform its currency and to
abolish Iikin, a mode of internal taxa
ton which weighs against our trade
and to give share Of railroad loans to
American capital He continued:
The policy Of the open door" was
inaugurated by this government while
John Hay was Secretary of State, and
had its inception i'm note circulated
among the powers by him. It has been
the intention and purpose of this admin
istration to conserve and maintain that
policy as far as possible, and we cannot
look with satisfaction or quietly ac-
duiesce I'm silent defeat of that policy
in the actual measures adopted by any of
the governments interested in the Orient.
II is the purpose of our State Depart
ment to insist upon respect for the just
claims of American citizens wherever
they may be. These cannot be sacri-
feed to any policy. We must use every
effort 70 give q full measure Of protec-
ton in our own country to the rights OF
foreigners of whatever nationality or
race. and in our dealings with other gov
ernunents TO combine Il patient ihsistence
upon our rights with g scrupuloUs re-
spect for theirs. In this way the great
work of making world peace is carried
on. and such a course contributes quite
IS much to this end as arbitration
treaties and other instrumentalities by
which in more conspicuous ways war Is
rendered less and less possible
Forum, for World Peace.
Among the direct contributions to the
cause Of gJeace I am glad 70 call your
attention TO the fact that Secretary
Knox has preached to the powers q prof.
ect for evolving general court of arbi-
trail justice out OF the theory of the
prize court convention drawn up at the
Ia st Hague conference. The proposal
has had q most sympathetic reception
from many of the powers. sufficient we
hope 10 secure i9s success and we feel
assured that IN the not distant future
il will take tangible form and result III
q forum always open TO all nations hav-
ing confidence in the justice Of their
respective causes which will make them
willing 10 substitute in tfe settlement
OF controversies the deliberate and right
eous Judgment Of an impartial tribunal
To the record of years accomplish
r11erts under Secretary Knox in our for
eign affairs ! think l may properly point
with pride. and yet with becoming mod
esty. for il IS HIS work and not mine.
All car claim is the merit Of selecting
him for the task.
The President was deeply interested In
the Founders Day exercises a. Carnegie
Institute. Mr.. Carnegie was unable TO
attend. sending a letter in which he
warmly praised Mr.. Taft. The secretary
or the institute, Colone; Samuel II.
Church. in presenting his annual report,
referred to the fact that the President
had come TO Pittsburg TO attend two
such widely divergent functions az
Founders Day and the baseball game,
Two Wsoners.
But" he added, we are not so far
apart. after all. The first name that comes
to YOUR mind 80 you enter this temple of
music IS that Of Wagner. This morning
ii is Richard Wagner; this afternoon it
viii be -Honus' Wagner. To carry the
7ararel still further, Professor Heinroth.
the musical director will play Tristan
ind Isolde: this afternoon Barney Drey-
fuss viii play Adams and Gibson"
The Presidents address followed dis
cussion BY Count de Busseret the Bel
eian Minister. on THE aesthetic Side of