Norwich bulletin., 1911-12-08

and naval force avalIa DIG TOT prompt [ ed to be most fortunate under the
 somewhat trying conditions presented by this invasion of American rights.
 On May 9. 1911. President Diaz
 resigned, Senor de Ia Barra was chosen
 provisional president. Elections for president and vice president were
 thereafter held throughout the repub
 lie. and Senor Francisco 1. Madero was
 formally declared elected on Oct 15 to
 the chief nagistracy. On Nov. Presi-
 dent Madero entered upon the duties of his office.
 Since the inaugural ton of President Madero a plot has been unearthed against the present government to be- gin new insurrection. Pursuing the same consistent policy which this ad ministration has adopted from the be- ginning. it directed an investigation into the conspiracy charged, and this investigation has resulted in the in dictment of General Bernardo Reyes and others and the seizure of num- ber of officers and men and horses and accouterments assembled upon the soil of Texas for the purpose of invading Mexico. Similar proceedings had been taken during the instruction against the Diaz government. resulting in the Indictments and prosecution of persons found to be engaged in violating the neutrality laws of the United States in aid of that uprising
 The record of this government in re- spect of the recognition of constituted authority in Mexico therefore is clear. Central America-Hondurasa and Mica
 ragua Treaties Proposed.
 As to the situa ton in Central Amer lea. I have taken occasion in the past to emphasize most strongly the impor- tanee that should be attributed to the consummRtion of the conventions be- tween the republics of Nicaragua and of Honduras and this country. and l again earnestly recommend that the necessary advice and consent of the senate be accorded to these treaties, which will make it possible for these Central American republics to enter upon an era of genuine economic na- donal development. ~
 Panama.
 Our relations with the republic of Panama, peculiarly important, due to mutual obligations and the vast in- terests created by the canal, have con- tinued in the usual friendly manner, and we have been glad to make ap- propriate expression of our attitude of sympathetic interest in the endeav- ors of our neighbSr in undertaking the development of the rich resources of the coun ". With reference to the in- ternal political affairs of the republic, our obvious concern is in the main- tenance of public peace and constitu- tional order and the fostering of the general interests created by the actual relations Of the two countries with out the manifestation of any prefer ence for the success of eitheH of the political parties.
 THE FAR EAST.
 The Chinese Loans.
 The past year has been marked in our relations with China by the con- clusion of two important international loans, one for the construction of the Hukuang railways. the other for the carrying out of the currency reform to which China was pledged by treaties | with the United States. Great Britain | and Japan of which mention was | made in my last annual message
 It will be remembered that early in | 1909 an agreement was consummated- | among British. French and German | financial groups whereby they pro- posed to lend the Chinese government 1 funds foP the construction of railways | in the provinces of Human and Hupeh, | for their nationals the privi- ege of engineering the construction of the lines and Of furnishing the mate rials required for the work. After ne sotiations with the governments and groups concerned an agreement was reached whereby American, British, French and German nationals should participate upon equal terms in this important and useful undertaking the financial groups. SUD- ported by their respective governments, began negotiations with the Chinese government which terminated in 6 loan o China of $3O. O.OO0.0O0. with the privi- ege of increasing the amount to S50,- 100000. The cooperative construction f these trunk lines should be of i'm nense advantage, materially and other wise, to China and should greatly fla ilitate the development of the bounti- ul resources of the empire. On the 'ther hand. a large portion of these unds Is to be expended for materials. American products having equal pref renee with those of the other three ending nations. and as the contract rovides for branches and extensions to be built on the same erIas the opportunities for American will reach considera ble pro- ortionS.
 Knowing the interest of the United 'tates in the reform of Chinese cur ency- the Chinese government, in the utrnan of 1910. sought the assistance I ths American government to pro- ure funds with which to accomplish hat all important reform, In the ourse of the subsequent negotiations here was combined with the proposed urrency IcaE one for certain indus rial developments in MaDchuria. the TO loans ssgreRutins the sum of ESQ., 00.O00. Wblla this was originally to e solely an American enterprise the -merican government. consistently