The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1912-12-03

stitution of arbitration and reason for
war in the settlement of international
disputes. Through the efforts of
American diplomacy several wars
have been prevented or ended. / re-
fer to the successful tripartte media
ton of the Argentine Republic, Bra
zil, and the United States between
Peru and Ecuador, the bringing Of the
boundary dispute between Panama
and Costa RIGA to peaceful arbitra
ton; the staying of warlike prepare
lions when Haiti and the Dominican
Republic were on the verge of hostil-
tiles; the stopping of war in Nicara
qua: the hating of internecine strife
in Honduras.
The government of the United
States was thanked for it's influence
toward the restoration of amicable re-
lations between the Argentine Republic
and Bolivia. The diplomacy of the
United States is active in seeking to
assuage the remaining ill feeling be-
tween this country and the republic Of
Colombia. In the recent civil war in
China the United States successfully
in urging an early cessation of hostili-
ties. An agreement has been reached
between the governments of Chile and
Peru whereby the celebrated Tacna-
africa dispute, which has so long en-
!, FILTERED international relations on the
west coast of South America. has at
last been adjusted. simultaneously
anne the news that the boundary dis
pute between Peru and Ecuador had
Element
China.
In China the policy of encouraging
financial investment to enable that
country to help itself has had the result
of giving new life and practical appli-
cation to the open door policy. The
consistent purpose Of the present ad-
| use Of American capital in the develop
| ment of China by the promotion of
those essential reforms to which China
| is pledged by treaties with the United
States and other powers.
The hypothecation to foreign bankers
| in connection with certain industrial
| enterprises, such as the Hukuang rail-
ways. of the national revenues upon
| which these reforms depended. led the
department of state early in the admin
istration to demand for American citi-
| zens participation in such enterprises
| in order that the United States nigh,
have equal rights and an equal voice III
| all questions pertaining to the disposi-
ton of the public revenues concerned
The same policy of promoting inter
national accord among the powers hav-
f., ing similar treaty rights as ourselves ir
he matters of reform. which could not
>e put into practical effect without the
| 'ommon consent of all. was likewise
| adopted in the case of the loan desired
| by China for the reform of its cur
rency, The principle of international
cooperation in matters Of common in
terest upon which our policy had al
ready been based in all Of the above in
stances has admittedly been a great
factor in that concert Of the powers
which has been SO happily conspicuous
during the perilous period Of transition
through which the great Chinese nation
has been passing
| Central America Needs Our Help In
Debt Adjustment.
| In Central America the aim has been
to help such countries as Nicaragua
and Honduras to help themselves They
are the immediate beneflciaries. The
national benefit to the United States is
twofold. First. it is obvious that the
Monroe doctrine is more vital in the
neighborhood of the Panama canal and
the zone OF the Caribbean than any
where else. There. too. the mainte-
nance Of that doctrine falls most heav.
lily upon the United States. 1t Is there.
fore essential that the countries within