The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1912-12-03

department "f state. through approval,
of the loan convention by the Seuaic.
heen permitted To- carry ont It's nowh
well developed policy of-cucouraginct
the extending of financial all Ia vcaki
Central American states with the pri l
mary objects Of avoiding lust surhl
reyoutions by assisting those rcpuh
lies 10 rchabilitatc their finances. oI
establish their currency on n stable
basis to remove the custom houSrs
from the danger ~ revolutions 10y ar /
ranging for their secure adminiStra
ton, and to establish reliable hunks
wish 30 congratulate she officers
and men of the Iuited States navy aud
marine corps who took part in rc.cStab.
fishing order In Nicaragua upon their
splendid conduct and 10 record with
sorrow the death of seven American
marines and bluciackcts. Since the re-.
establishment of peace aud order clcc
ons.haye been held amid conditions ~
quiet and tranquility. Nearly all the
American marines have now Nccn
withdrawn.
Our Mexican Policy.
For two years revolution and counter
revolution have diStraught the neigh
boring republic Of Mexico Rrigandase
has invoived u great deal Of depreda-
ton upon foreign interests There have
constantly REQUIRED questions of cy.
IRENE delicaCy. ON several occasions
very difficult situations have arisen ON
our frontier. Throughout this trying
period the policy Of the United States
has been one OF patient nOniutcrycu
ton, Stcadfast recognition az conSttut
cd authority i'm the ueighboring ua
ton and the cXertiou Of every effort
to care for American interests pro
foundry hope that the Mexican nation
may soon resume the path Of order.
prosperity and progress 70 that ma
ton in it's sore troubles the svmpH
thetic friendship ~ the United States
has been demonstrated Ia high DO
gree
There We're in Mexico NJ the begin
ming OF the revolution some 10000 or
~ GOO American citizens engaged IN
enterprises contributing greatly 10 tho
prosperity of that republic and also
benetiting the important trade hotUc'n
the two countries. The investments ~
American capital I'm Mexico has hcon
at 81 600, 100000 The rcSpon'
sihility Of cndcavoring Ia safeguard
those interests and the dangers insep
arabic from propinquity 10 So turbulent
n situation have been great. hut am
happy 10 have been able To adhere to
the policy above outlined policy
which hope may soon he justified hv
the complete success of the Mexican
people In reganing the blessings or
peace ana good order
Agricultural Credits.
A Ipost important work accomplished
In the past year by the American dip
lomatic officers in Europe is the inycs
tgation of the agricultural credit syS
tenn in the European countries. Boti
as a means 60 afford relief Ia the con
of this country through more
development Of agriculture
resources and as 70 means of more sum
cientIy maintaining the Agricultural
population, the project 20 establish
credit facilities for the farmers IL
of vital importance TO this ma
ton
No evidence of prosperity among wei
farmers should blind us ~
he fact that lack Of capital is prevent
ne development OF the nations ayr
cultural resources and an adequate III
.rease Of the land under cultivation
hat agricultural production IS fast taI'-
Dg behind the increase IN population
IND that. In fact. although these wen
established farmers are maintained W
increasing prosperity because oi tu'
natural increase in population, we ave
rot developing the industry of agricu''
IRE.
Advantage Of Maximum and Minimum
Tariff Provision.
The importance which our manuiac'
ures have assumed in the commerce
# the world in competition win 'l'e
Of other countries ag"l"
Iraws attention ~. tpe. duty 81 ,l,-
frx.A.-,..I -. De-. Eivel