The Barre daily times. (Barre, Vt.) 1897-1959, 1912-12-03
TAFT WARNS THE POWERS
Continued from first page)

ing new life and practical application u
the open-door policy" The consistent
purpose has been to encourage the use
OF American capital in China, says the
president, to promote the reforms To
which that country is pledged by treaty
with the United States and other pow
ers. There has been a vigorous asser-
tion, also, he says, OF the equal right OF
| the United States to a voice in all ques-
tions pertaining to Chinese loans and
developments.
| President Taft makes the direct charge
that the terrible events recorded in Mica
ragua recently, the useless loss of life,
the devastation Of property, the bonn
bardment of the principal cities, the kill
| ines and the fortunes and sufferings,
en- 1t have been averted had the de-
partment OF state, through approval of
the loan convention by the Senate, been
permitted to carry out its new well-de-
veloped policy"
"In Central America, the aim has been
to help such countries as Nicaragua and
Honduras to help themselves says
President Taft.
How 1t Profits the United States.
While they are the immediate bene-
ficiaries. the profit to the United States
is two-fold he adds The Monroe doc
trine is more vital in the neighborhood
Of the Panama canal and such coun-
tries should be relieved of the jeopardy
of heavy foreign debts likely to provoke
Internal nal complications.
The I ancial rehabilitation of these
countries by American bankers and the
protection Of their customs houses from
being the prey of would be dictators,
says the president, would remove the
menace Of foreign creditors and reyolu-
tionary disorder. Furthermore, the
United States would profit largely in a
business way through the development
of the great natural resources of Cen
trail America.
Commencing the successful results of
the application of the new neutrality
laws to Mexico and other troubled eoun- |
tries, the president suggests that means
be found in addition to prevent the pro- |
fessional revolutionists from making |
American ports ''foci" Cor revolutionary I
intrigue He reiterates his determine /
ton to adhere in the case of Mexico to I
the patient policy of non-intervention,
steadfast recognition of constituted au-
thority, and the exertion of every effort
to protect American interests"
Other paragraphs of the message point
10 the increase Of American domestic
exports by S20.000,000 during the past
year, making the greatest total ever
Known, S2200,000,000; to the agricul-
,ural credit system, which he thoroughly
to the probable necessity of
IN amendment of the fur seal act to
Kermit limiting killing of seals; to
Meeting of the arbitrators in Washing
on next year to adjust the pecuniary
laims between Great Britain and Amer
ca; to negotiations with Mexico for the
of the waters of the Colo
ado river in the Imperial valley section;
nd to the financial rehabilitation of
Iberia.
There is merely historical reference to
he Chinese revolutions; to the San Do
ningan troubles, the rebellion in Cuba
nd the Balkan war developments, in
yhich it is said the United States is not
involved.
The message concludes with an earnest
ppeal to Congress to cooperate with
he executive in its efforts TO apply the
Id principles of diplomacy which have
overned the country. TO the momentous !
ew situations of to-day, when America {
nds itself at the threshold Of her mid ,
lie age as nation; "too mature to
1ntinue in its foreign relations those
,mporary expedients natural to a peo-
lie to whom domestic affairs are the sole I,