Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-10-13
PRESIDENT IN FIRST SPEECH IN
CALIFORNIA DEFENDS
TREATIES.
SAYS INTERESTS IN PANAMA
DEMAND RATIFICATION
Believes Treaties Will Bring Peace and
Prosperity to Troublesome Central
American Republics and Enlarge
Trade With United States - Psace
Would Bring Prosperity.

sacramento, Cal, Oct. lS.-fresl- =
dent Tafts first important speech in
California was delivered here today
f1om the steps of the state capital
building. The president spoke on be-
half OF the proposed treaties with
Nicaragua and Honduras. and vigor-
cusly defended the policy OF the ad-
! ministration, which he said muck
rackins journals" have labeled dollar
diplomacy"
Broadly speaking, Mr.. Taft said the
proposed treaties with these countries
before the senate would secure for
them financial agent in the United
| States who would settle their
| would point the road to peace and
prosperity to two republics. rich In
| natural resources but torn by strife
and revolution.
| Mr.. Taft pointed out the efficacy
of a similar arrangement with Santo
! Domingo where this government col
/ lects the customs and sees that foreign
debts are paid exercising a benehcient
! supervision that Mr.. Taft said had ac-
F., crred to the upbullding of Santo Do
mingo.
Discusses Objections.
objection to the treaties In the Unit
ed States senate, the president said.
was based largely on the proposition
that they would make entangling al
liances with republics in this hemi-
sphere for the promotion of banking
! contract since the money for the pay
ment of the debts Of the two repub-
/ lies would be furnished by American
interests. Another objection discussed
| by the president was that the Monroe
doctrine was sufficient bond between
the United States and the Latin
American republics.
| Our Interests in Panama.
! Discussing the treaties from the
Standpoint CT business and peace the
president said:
Our enormous interest in Panama
only accentuates the necessity for ouI
taking care that those countries So
near the isthmus shall not be the
scene OF warfare which might threaten
the usefulness of the canal. For many
years IL has been our function to in
| tervcne here to protect foreign prop
erty, and to use our good offices 10
bring about peace. This is the ono
spot in the civilized world today
| where there is more danger of constant
war than any other. We are so situat
! ed with reference to these five repub-
! lies that we are certain to set large
! part OF the trade which peace and the
tranquil development must greatly en-
/ large. Whether We take formal steps
| to give us a right to intervene or not
! we shall have thrust upon us in al
most every quarter the necessity for
Intervening Is it not better that we
should step in with due authority and
act with directness and promptness &c
suppress war than that we should al
low 1t to go on because we lack au-
thority to interfere; and then, at the
extremity. be called in to use force &c
prevent violation of the rights of for
eign nations which always occurs at 4
certain point in revolution? dc
not care to discuss the exact boundary
F., lines Of the Monroe doctrine. 1t was
announced in a message of President
Monroe, and was really directed
against the then existing Holy Alliance
which 1t was feared was proposed &c
assist Spain in the suhjugation OF hel
| lost colonies in this hemisphere. They
! had become republics and their inde'
pendence had been recognized by the
/ United States. There was reference
In the same message to the objection
which this country had to colonization
on this continent by European coun-
tries, but 1t seems clear that that re-
ferred to the settlement by Russia co
lonists of territory claimed by the
United States. and that 1t was not thu
declaration Of general principle tina
mere colonization which did not in
vove the overturning II cstablishct
government In this country was OBJ
jected to by the United States.