Weekly journal-miner., 1910-12-14

10. duly established by the national sovereignty.
 The negotiations which have been un- dertaken for the amelloration of the conditions found In Liberia by the American commission whos report [ transmitted to congress on March q. and |. is ,hoasht SS sS.s within % oone'Sor a .Sops time practical measures of relief may be put into effect through the good cmces Of this Government and the cor intsres.cd In Liberis's welfare.
 THE NEAR EAST
 Turhsy: Reference is made by the
 President to the accession of his ma
 sn. s nSs; ssS s. spsrsr Sf ss. the uo;ss ossS States to contribute to the larger econ omic and commercial development tdue fo the new regime In Turkey.
 The rapid development now beginning In that ancient empire and the marked portanoe of Bulgaria, Roumsnis and that the % possie,,e: "s os xmsreeS een0.same co%. iperce In the near east should receive due attention.
 Montenegro: The President expresses pleasure In having accorded recognition I9f the United states to the new king
 The Far East; The center of interest In "a, eastern affairs during the past ss,,,I,. yea, hs. been In China It has been for n loan to the Chinese government for the construction of the trunk raii- way lines from Hankow southward to valley. known as the Hukuane loan. were concluded by the representa- tives of the variou, financsa! groups In May ., ,ss, sna the results approved by their nrent. already initiated by the Chinese inosernment. b now awaiting ratifica- ton. The basis Of the settlement of equality between Americs. Great Bris. nin. Frnnce and Germany in rsspert to Financing the loan and ruppIying ma ,s,as's ,sr.r ,., ,or the be proposed railways and
 The application of the principal un. deriving the policy of the United states .n ~Esrd to the ilukuans loan. vis fcrsign interest In such of the raiiwsys of China as may he financed by fore
 Sn countries. vas susEested on .
 '"s n psoss.a sos s' sss of state and ccmmercisi neutrsilsation of sii the railways of Manchuria. While the pr,ncipis which led to the proposal of ey the powers to whom it vas sddress- ed' the governnents of Russia and Jap an spprehended practical difhcultIes in ~s prsvsn.sS rsss''1n ,s ef the larger plan which AIsun railway by n~sns of an inssrna- tionsi loan to China Id. however stiii .hs subject of friendly discussion by 'nr Insrr~sssd parstes
 Inc policy Of this government in th~se matters has been directed by s as, 70 nss. the use of American capital In the development of China an ,ns,rum~nt in the promotion of China's 's wshare and material prosperity with out psejudlce to her Issitimate rishss % sn independent political power.
 This policy has recently found further sssmpiincafion in the assista nee eiven ny Ih's E"vsrnmeni to the negotiations between China and . group of Ameri- can bankers for loan of co n.Uo, ,0D to ?. employed cheifiy in currency reform. The confusion which from ancient time. existed In the monetary usssss of the Chimes has been one Of the .prin- ctpsl obstacles to commercial inter- ssurss s,s,ss s';h that p-oPls: The usitsd obtained pIedgs from the latter to 'nssosi.ee c uniform national coinagp. and the following year. at the reQussi cs China. this eovernmsnt sent to Pvk- n msnber of the International Ex. ehsnes Communication. to discuss with the chiness government the best methods