The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-04

Honduras and Nicaragua, II only the Sem
| ate will agree with the Executive and con-
| firm the treaties made.
As we look back therefore it will not
do to say that great strides have not
been made in the direction OF universal
peace or course the condition OF Mexico
may well make us hesitate to prophesy
too strongly as to the future. but all the
lovers of mankind hope that the present
condition of that country may lead To
| the establishment Of a firm government
and one in which there may not be the
which gave rise to the recent collision.
For the further securing Of peace and
as an example to all the world Of the
possibilities OF arbitration we have in
viied England and France and Germany
to make treaty for the arbitration OF
all differences Of an International char
acter that in their nature can be adjudi-
Gated, and we have left out in this treaty
those exceptions which have heretofore
always been excluded from arbitrable
controversies. to wit. questions of
nations honor and "r its vital interest
or course ! cennot say with positiveness
| that these treaties will all be made end
confirmed. can only say that the pros
pect OF an agreement with the Executive
OF one Of the countries Is reasonably
sure and we have every hope as to the
other two. and that these three treaties
will be followed by many Of the same
| tenor with other countries If the original
| three are agreed upon and confirmed.
objection has been made that an
| agreement 10 arbitrate "a question of
! national honor ought not to be entered
into, for the reason that when ones honor
is affected one will never consent TO have
the question arbtrated. and therefore
| that to agree to do so in advance is to
agree to do something that one will not
be willing to do and that one does net
| intend to do. and therefore il savors OF
| hypocrisy and ought not to toe adopted
as a national policy. l cannot concede
the premises Of this argument look
! upon a treaty of this sort AS u self-deny-
| ing ordinance az u self-restricting obli-
CATION.
| 1T seems to be of the same character
as the constitution which the people as
whole set up, and in which they imposed
checks upon their own power and limita-
tions upon the method by which they exer-
else the ultimate sovereignty which Is IN
them. IL is not that they do not recognize
that when the temptation comes to eXer-
! else arbitrary power they Will not feel ilke
exercising it but it is that they deliberately
impose those limitations upon their own
action with the intention that they shall
| be effective however averse they may be
to yield to them when the occasion arises
for their enforcement.
| And so in agreeing to arbitrate ques-
tions OF natl ional honor | see no reason
why we may not agree to do so. and that
We may not have moral courage enough.
| in spite Of our impulse to the contrary. to
submit such questions to an imperial
tribunal and await its judgment
There is very little probability as be-
tween Great Britain and the United States
that any occasion will arise in which war
would be possible. The same thing is
true Of France and Of Germany. Why.
- ;c oaknl ia IN
make treaty OF arbitration to avoid wars
that are only remotely possible? Inter,
national law ia made UP of international
Gust oms. traditions and the formulation Of
international standards OF ethics in
treaties between civilized governments
A Willingness of great countries like Eng
land, France. Germany and the United
States to submit all their differences. even
of honor. to an impartial tribunal will be
Ia step forward in the cause OF peace Tor
the world that can hardly be overesti-
mated.
Il am not a wild enthusiast or blind
optimist. do not look forward to COM
plete restoration OF peace which cannot
be disturbed in the world even il these
treaties are adopted. Morality OF nations
improves only step by ster, and so the
making and confirming OF these treaties
must be regarded only as a step. but as a
very long step. toward the securing OF
peace in the world
To you men who have seen war 20 YOU
who know its horrors. appeal for the
support of every practical instrument like
this in making war less possible and peace
more permanent.
The President spoke on cure ncy re-
form before a gathering OF members OF
the Indiana Republican Newspapers As
sociation and of the Indiana Bankers
Association His address covered about
the same ground as the one he made be-
fore the New York State Bankers Associa-
ton at Manhattan Beach short time ago
He urged consideration Of tho Aldrich
plan without prejudice and emphasized
its importance 10 the farmer securing &
money for moving his crops. TO the wage
Garner and business man as well as 70
the capitalist.
Congress and the national Govern
ment are made responsible for "A great
many conditions prevailing among the
people with which they have nothing 6
whatever to do. he said. 1T is not good
logic but it is human nature. to charge
, the prevailing Gov eminent with responsl-
bllties for bad crops. for bad business, for
the unequal distribution Of property and
comforts. for many Of the defects of So
| ciety and for many Of the ills that flesh
is heir to. But the Gov vernment ia directly
responsible to the people for the condition
. of business when it is seriously injured
by defective monetary and banking
system.
Il do not know any function of greater
importance to the wage Garner. the far
mer, the business man. the manufacturer
the banker and the capitalist EXERCISED
by the Gov vernment after the preservation
of law and order and the maintenance
of liberty and rights Of property than the
duty of the Government to furnish To
the people a banking and currency sys.
TEN which shall give them a constant and
unvarying medium for the measurement
of values and the interchan ge of products
, that shall enable business to proceed in a
, normal way and without the embarrass
ment due TO monetary panlcs."
Mr.. Taft left Marion tonight for In,
dianapolis accompanied by ex-Vice-Presi-
l dent Fairbanks, whose guest he is to be-
tonight. Tomorrow the President vii
} celebrate the Fourth with the city OF
, Indianapolis.
CLEVELAND. July 3-President Taf
registered his views upon Fourth Of July
celebration this morning in short ad
, dress from the platform of his car Will,
passing through Cleveland A "san'
Fourth" committee asked him to speil
r in behalf of this idea The president
5 said:
Il am delighted to do SO We consul
statistics in America chiefly for the pur
: pose of blowing our own horn and Showing
what great people We are but they ar,
D much more useful for showing our defects
Z The statistics with reference to the los
of life growing ont of tha cplehratioy