The Ordway new era., 1912-12-06


to the increase Of American trade up
on the automatic principle that
the government Of the United
States shall extend all proper
support TO every legitimate and
beneficial American enterprise abroad.
How great have been tho results OF
this diplomacy. coupled with the ma>,
imum and minimum provision Of the
tariff law. will be seen by some con.
sidsration of the wonderful increase
In the export trade OF the United
States. Because modern diplomacy is
commercial. there has been Q disposi,
ton In some quarters to attribute to
It none but materialistic aims. How
strik!ngiy erroneous 10 such an I'm.
preston may be seen from . study OF
the results by which the diplomacy
OF the United States can be judged.
Successful Efforts In Promotion Of
Peace.
In tho held Of work toward the
ideals Of peace this government ne.
gotiated. but to my regret was unable
to consummate. two arbitration trea.
tics which set the highest mark-o OF
tho aspiration OF nations toward the
substitution Of arbitration and reasos
for war in tho settlement Of interna.
tional disputes. Through the efforts
OF American diplomacy several wers
have been prevented or ended. re,
fer to the successful tripartits msdl.
alton Of the Argentine republic. Bra.
I'll. and the United States between
Peru and Ecuador: the bringing Of the
boundary dispute between Panama
and Costa Rica to peaceful arbitra.
tion: tho staying Of warlike prepare.
tions when Hayti and tho Dominican
republic were on tho verge Of hostili
ties: the stopping Of q war In Nicaras.
ua: the halting Of internecine strife
in Honduras. The government OF the
fluence toward the restoration Of am!c
able relations between the Argentine
republic and Bolivia. Tho diplomacy
OF the United States II active in seek
Ing to assuage the remaining ill.feel
Ing between this country and the Re
public Of Colombia. In the recent Civ
II war In China the United States sue
cessfully Joined with the other inter
ested powers In urging an early ces
sation of hostilities. An agreement,
has been reached between the govern.
ments OF Chile and Peru whereby the
celebrated Tacna-Arica dispute. which
has SO long embittered international
relations on the west coast of South
America. has at last been adjusted.
simultaneously came the news that
the boundary dispute between Peru
and Ecuador had entered upon q stage
OF amicable settlement. The position
of the United States in reference to
the Tacna-Arica dispute between
Chile and Peru has been one Of non.
Intervention. but one OF friendly In.
fuence and pacific counsel throughout
the period during which the dispute
in question has been the subject of
Interchange OF views between this
government and the two governmeysSs
Immediately concerned. In the gen
eral easing Of International tension on
the west coast Of South America the
tripartite mediation. to which l have
referred, has been a most potent and
benefcent factor. = niE
China. l.,
In China the policy OF encouraging
financial investment to enable that
country to help itself has had the re-
suit of giving new life and practical
application to the open-door policy.
The consistent purpose OF the present
administration has been to encourage
the use of American capital in the
~ Chtrn hy "A
ton OF those essential reforms TO
which China is pledged by treaties
with the United States and other pow.
ers. The hypothecation to foreign
bankers in connection with certain in
dustrial enterprises. such as the Huku.
ang railways. Of the national reven-
ues upon which these reforms depend
ed. led the department Of state early
In the administration to demand for
American citizens participation In
such enterprises. In order that the
United States might have equal rights
and an equal voice in all questions
pertaining to the disposition Of the
public revenues concerned. The same
policy of promoting international &C.
cord among the powers having similar
treaty rights as ourselves in the mat
ters OF reform. which could not be
put into practical effect without the
common consent Of all, was likewise
adopted in the case of the loan de-
sired by China for the reform of its
currency. The principle OF interna-
tional cooperation in matters Of COM
mon interest upon which our policy
had already been based in all Of the
above instances has admittedly been
q great factor In that concert Of the
powers which has been 30 happily
conspicuous during the perilous period
Of transition through which the great
Chinese nation has been passing. "a
Debt Adjustment.