New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-07
THE WIN WASHINGTON

! With approximately 50 per cent Of the reve-
nucs assigned 10 the payment OF a nationa'
debt, and that assignment enforced by the
moral support Of the United States, SUI"
revolutions would cease. 1t is asserted that
many of those who go to these repubiics'
and especially the Americans. are freeboo'-
ers. ilbusters and pirates. II that be 3D.
firm control OF the revenues, the checking
Of revolutions and paving the way FOR Tue
legitimate investment q capital would put
al end to the reign ~ the flibusters anu
make possible the entry OF solid business
men and the investment Of American cap'-
tai on a safe and reasonable basis. lhc
establishment Of tranquility would mini
nize tho necessity Of American Interference
War, either internal or international, IL u'e
bane OF these republics and the heaven VI
the freebooter and the filituster. Take ava!
the incentive to war. the bulging safes o.
the customs houses. and internal war wou'd
end. while the interest OF the United S'a'.s
in the maintenance OF the status quo "o"'u
go far to prevent international waria'e
Witness a recent instance In Sahlo Nv
mingo. Hayti was about 10 make war u"
that nation. The United States in'iihatc'
TO Hayti that this country would DE se''
ously Inconvenience II anything were oohe
10 interfere with the regular cohecuo' u
the customs and Hayd promptly agreed W
submit Its complaints to arbitrauoi' 10
concrete factors In the promouoh vi -
the treaties proposed by this adrhini'"
tion are far more potential than genera
arbitration treaties which provide LOT INC
,eaceful settlement of some possible co''-
flicts which have not yet arisen
NOT A NEW POLlCY.-Secretary hNoA
Is not asking the Senate 10 set sd"
him on q new and untried sea eeo'' 70.
Uav, than whom there have peeh &c"
wiser Secretaries of State, saw Tue a"
ventages which would accrue from sue" Oh
ARRANGEMENT as Is nov proposed Ill ~.
case OF Honduras and Nicaragua. he WIZ"
the somewhat potent assistance OF fies'
dent Roosevelt, induced the Senate 10 aP-
prove the Santo Domingo treaty AZ
suit there has been no reVoiutioh Hi .".
country since TIE treaty went iH'o en-
in 1907. The government OF that roPuo"o
has actually enjoyed larger income '''"''
ever before. despite the fact that appioN
imately half the revenues have been taAe,
N nay interest and create sinking iui'u'
The tranquility Of the country has resulted
IN progress and prosperity. Finally, po'h
honduras and Nicaragua want the ASSIST
once of the United States. They are poth
ANXIOUS 20 rehabilitate their finances. 70
meet their Indebtedness. 10 enjoy period
~ tranquility and commercial progress. and
this thew can do only with the assistance OF
the United States and that is an assls'anoe
which will cost this country nothing Anu
az has been said, no material arguments
against the conventions are advanced III
tho senate. All the objections are dema-
coeic or intangible. That is what MAKES
cham en- difficult TO meet And, too there IS
mn influential member Of the Committee on
Foreign Relations who has thus far seen NJ
to nut his shoulder 10 the wheel and push
es Il Is always necessary 10 push whenever
the Senate is asked 10 take step Forward
THE NlCARAGUAN CONVENTIONAL
has been said II Is not yet known, except
approxir1ately. how large loan Nicaragua
will need The sum will not exceed sIo'-
GOO. 900. II may be much less. Inc treaty
does not refer to any particular contract
with any particular banking house Inc rs
cal agent for that country. Mr.. Wands. Is
now feeling out the situation 10 determine
,non how favorable terms a loan may pc
made When that work is accomplished.
according 10 the plan OF the Nicaraguan
Government. the loan will practically be OF
| fered to the highest bidder. 1t is assumed
| that the bonds can be sold for at least S..
| possibly much more. The treaty provides
! f,1r loan must he APP
| proved by both Nicaragua and the United
states, II is possible that Morgan CO.
NAV make the best offer. and II it does 1t
will be extremely difficult TO convince the
cuileiess Nicaraguans that 800 or {s5 of
Morsans money is not better than $50 or
sS5 Of some one else's Be that as II may,
there is no reason now for opposing the
convention on the ground that It involves a
| contract with Morgan & Co. or with any
other firm of bankers
| ROOT CONTRADICTS HOLLANDER.-
! Senator Root appeared before the COM
mittee which is investigating the Depart
| ment Of state to-day and fatty contradict
| ed Dr. Jacob Hollander. He said he had
never approved OF Or. Hollander's accept
ance OF a $4,000 fee from the government
OF Santo Domingo when he was being
! paid by the United States. and that Or.
| Hollander's recollection Of the conversation
between Secretary Root and Assistant Sec
i rotary Bacon, to which DR.. Hollander tes-
tilted. was sadly at fault. Mr.. Root laid be-
| fore the committee a copy of letter ne
wrote as Secretary OF state, and In which
/ he said that before he would approve the
voucher for the $4,000 fee DR. nollander
would have to present letter from the
! government Of Santo Domingo setting forth
that that government realized that Or. Hol-
lander was being paid for his services by
the United States Mr.. Root testified that
| no replv 10 this letter was received while he
was Secretary, and that. therefore. he mad
never approved the voucher. 1t has been
said at the Department OF state that such d
latter was later received and that its receipt
led Secretary Bacon TO approve the
voucher
! 1JTTLETON TO EXAMINE GARY.-Ac-
oording 10 an agreement reached to-day
in the committee which is conducting the
steel inquiry. Representative Littleton Is
IN conduct the remainder OF the examina-
Alan of President Gary OF the United states
steel Corporation. The apparent lack OF
| ability of this committee 10 conduct an
;rvcstigation of this character has been
evident from the first The simple rudi
nen,s OF finance are as a sealed DOCK &c
.oue Of the members of the committee