New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-10-14
Not Guaranteeing Payment Of Loans.

Not Guars 1teeinq Payment OF Loans
The Monroe Doctrine has been interpreted
20 be- the policy of the lnll.I rid-es D.,
conserving the interests Of alt American
irirry from without. n has been invoked
ro iustffv our great and sometimes active
interest iu the settlement or t3Al W
Ietv-rer the countries of this hemisphere
and the countries 0f Europe ana also lIr
.-artIeuert of all controversies between me
nations of this hemisphere l.tr no, .'l
uOu- Of Mr. o.n"t ~ me Ol'. 'I .I-g -
Nolan d. H7rv1-r wore -mHna l'--'ili' I''
Me Thought extreue--iu reference % ihe
rosuougbI'ity which The lWlrN otft-'
thereby assumed FOR the entire H'nlsIH' 7,
end the rights asserted ln. the exercise Ut
that respOne 'bitty.
Certainly il does not involve any ex-
+ren7e view OF our friendly relation 70
these REPUBLICS C. stand sponsor for and
eo-oper7te with them m securing such
loans as are necessary to enable them 70
nav their debts and 70 enter new era or
5evelopr7snt and prosperity. We DO not
guarantee the payment % the loans We
simply accept the responsibility OF Sc
ectina the class Of persons 20 be aP-
pointed receivers Of taxes, and We unoer-
tska 10 protect those receivers m the
disoharue OF their duties
rt happens chat TINS attitude. Vtnrut
further action ou our part, enables those
countries To make loans on Ira-gi-d 'T
terms Now. Is II not g7ot nelsHooIL[
action for as to allow ourselves 10 pr'.'iII-
involved 10 this slight extent in order 70
help these struggling sister r-pu-iil- ~
lr not prudent % pun those VINO are .5i la-ll
tr b. our good customers iD conG ZION
where ff-v can increase their business ana
increase our trace
ls there not an obligation higher than
any Of these TO prevent the recurrence
~ Mars which have dclugec with blood
that beautiful part OF the world and have
caused untold misery and unnapPiness
10 hundreds OF thousands OF Gods Great
ures2
Having taken this step ln Santo Domingo
and having shown now successfu. IN"
Detbod is In elppressirg war. ir maintain
ing IOv-r and In securing prosperity. ought
W. not 10 extend me same assistance 'p
countries which hay an equal right o. ."ok
10 us for aid and protection.
T., the promotion CT this humane policy
The administration has done IS part. The
+rsa+iee with Honduras and Nicaragua
bsve been negotiated and contracts for
ios,s under their provisions have been
+ar+s+ivelv 7pproved All have been sub
roi++ed 70 the Senate and are pend ng
+bAre II is for the Senate 20 decide
,yhe+her this, the most effective step IN
the promotion CT peace on this continent,
shsl be taken; whether the finances Of
tLsee REPUBLICS shall be put on q sound
ard stable basis, their citizens relieved o.
4os 5iecouraGinq burden OF debt largely
Eetitious and greatly disproportionate 70
+6eir revenues, end the portals Of pros
.sritv thrown open 70 them. Until ap-
nToved BY the upper house Of Congress
H. treaties must remain wholly mop
eratiVe.
Pyt # YOU acre, with me that every dc
-are Of prudence Of common sense; OF
friendship and neIgh5or. ness. as Wen as
i[,.eif5 10 the cause of peace. makes man
Gat6rv the approval Of these treaties, you
VIII hope and urge as earnestly rs iNat
- zsrafl Boz lis wisdom. VIII give 20
I'm ife prompt and emphatic approval
Peo,stration vas below what u should
=. vssterday, the first day. Your name
sbo1ld be on the books before the regis
t.s+ion places close, az 10 D. N. They