The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-12-07

Of war ths President sAys tina. he has
been waiting for expressions from for
sixn Governments a. to- thsir willingness
TO coopsra.s before making his appoint
ments to this commission
RELATIONS WITH CANADA.
Taking up tina matter OF our relations
with Grea. Britain and Canada the mes
sage says.
Several important treaties have been
negotiated with Great Britain IN the past
twelve months A preliminary diplomatic
agreement has been reached regarding
the Arbitration ~ pecuniary claims which
each Government has against the other.
lhl. agreement. with the schedules OF
CLAIMS annexed. will. as soon as tho sched
ul-s ar. arranged. be submitted To the
Senate for approval.
An agreement between the United
States and Great Britain With regard to
the location OF the International boundary
line between the United States and Canada
ia Psssamaquoddy Bay and to the middle
81 Grand MahAn Channel was reached IN
a treaty concluded May n. 1910, which
has been ratified by both Governments
and proclaimed. thus making unnecessary
the arbitration provided for In the pre-
vious treafv Of April II. 1908
The convention concluded January III.
1909, between the United states and oreat
Britain. providing for the settlement OF
international differences between the
United States and Canada. including the
apportionmenf between the two coun-
tries OF certain Of the boundary waters
and the appointment OF commissioners
to adjust certain other questions. has been
ratified by both Governments and pro-
claimed
The work Of the International Fisheries
Commission appointed. in 1903, under the
treaty OF April H. 1917 between Great
Britain and tn. United States mas re-
suited in the formulation and recon-
mendition OF uniform regulations gov
erning the fisheries OF the boundary
waters q canada and tn. United
States FOR the purpose OF protecting
and Increasing the supply OF food 'Sh IN
such Satsr~ In completion or fhis WORK
the regulations agreed upon require lon-
tive and for their enforcement IN fnl'h-
Tnent - the treaty stipulations
The de facro Government in Portugal
Mr. Taft says has been recognized bv this
Government for purposes 81 ordinary
intercourse pending recognition nv this
and the orher Powers of the govern
mental entity to n. duly established by
the nat ional sovereignty The ameilors-
ton 81 conditions IN Liberia. the message
saws. Is being brought 10 conclusion
Attention ia called 10 the fact Of a special
ambassador being Sent by Mr. TAFT to
Turkey to give expression 10 the value
this country places on increased and
NOR. import ant relations with the new
regime there. and also TO the recognition
by the Unired States Of the new king
dom Of Montenegro
orr INTERESTS ~ CHINA
Regarding China and our financial IN
tere--s there the message says
The centr. 81 interest in Far Eastern
affairs during the past year has again
been hIna
II is gratliylGxRSls.e ,hs.-,sc nego-
tiprions for T.. Slafi ~ the Chinese Govern
mant for the construction ~ the trunk
railway liner from Hankow s1uihward
to CInton and westward through the
Ysngtse Valley. known ~ the Hukuanx
Loan were concluded nv tho rerr"=en-
rar,veS ~ the various financial groups
in NAV las, and the results approved nv
their respective Gov ernmcnt> he agree
ment. already IniiGallei by the chinese
Government. - now awaiting formal
ratification The basis OF the settlement
Of the terms Of this loan was one Of exact
equality between America, Great Britain.
France and Germany IN RESPECT 60 'inanC-
ing the loan and supplying materials for
the proposed railways and their future
branches.
The ApolicAt ioa Of The prlncip ole under
living the policy Of the United States in
regard 10 rhe HukuanR Loan. viz. that o!
the Observation-Disclosures OF the foreign
interest in such Of the railways OF china
a. may be financed by foreign countries.
was suggested On "a broader scaie Dy the
Secretary Of State IN u proposal for inter-
NATURALIZATION and commercial neutral
iza,ion 81 all the railways Of Nanch,Iria
While the principle which led to the
proposal of this Government was
generally admitted bv the Powers TO
whom II was addressed the Governments
OF Russia and Japan apprehended prac-
rIcal difficulties in the execution OF the
lar ger plan which prevented their ready
adherence The question Of construct.
IN & the Chinchow igun Railway bv means
of an Internal ional loan 10 China Il, how
ever. still IN. subject Of friendly discus.
sion by the Interested parties
The policy Of this Government IN ths-s
matters has been directed nv a deslr"
70 make the USE OF American capital IN
IN. development OF China an instrument
IN the prom zion Of ChInas welfare and
material prosperity WITHOUT prejudice
To her legitimate rights a. an independent
political power
ORR sSO.O.N 80 LoAS
This policy has recently found fur her
eIempllfiCatIon in the assistance given
By this Government to the negotiations
bet Wsen I nina ana a group Oh American
bankers for "a loan Of s5O.G0.OOO. 10 b..
en- ployed chiefly IN currency reform
Th.. confusion which has from ancient
times existed in the monetary usages
Of Tbs. Chinese has been one Of the prin
opal obstacles 10 commercial intercourse
with that people The United States IN
It's treaty Of 1909 with China obtained
pledge from the latter TO Introduce a
uniform national coinage. and the fol
lowing wear at the request Of China. this
Government sent 20 Pakin a member Of
the International Exchange Commission
10 discuss with the Chinese Government
the best meihoi- OF Introducing the re-
form In IpOs China sent commissioner
10 the United States 10 consult with Ansri-
can financiarS a. to IN. possibility Of
securing a large loan with which to in
augura'. the new currency system. but
the death Of their Ma jesiIes the Empre-s
Dovag.r and the Emg,eror 81 China in
r.rr,IpIed the negotiation which we're
not resumed until few months ago. when
this Government was asked TO com
municate to the bankers concerned the
reuue-t Of China for a loan Of $500 no
for IN. purpose under review A pre-
lmInary agreement between the American
group and China has been made covering
the loan
For the Success 81 this loan and the
reforms. which are 81 the
greatest Importance 80 the commercial