The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1912-12-03


department Of state early in the admin
istrati0n 70 demand for American citi-
Zens participation in such enterprises.
in order that the United States might
have equal rights and an equal voice in
all questions pertaining to the DISPOSE
ton Of the public revenues concerned.
The same policy of promoting inter
national accord among the powers hav-
ing similar treaty rights as ourselves in
the matters 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 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 nerilOus 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 beneficiaries. 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. to-. the mainte-
nance Of that doctrine falls most heav-
| lily upon the United States. 1t is there
! fore essential that the countries within
| that sphere shall be removed from the
| jeopardy involved by heavy foreign
| debt and chaotic national finances and
from the ever present danger of inter
| national complications due to disorder
at home.
Hence the United States has been
glad to encourage and support Ameri-
can bankers who were willing to lend
a helping hand to the financial re-
Mobilization of such countries because
this financial rehabilitation and the
| protection of their custom houses from
being the prey OF would he dictators
would remove at one stroke the men
ace of foreign creditors and the men.
ace Of revolutionary disorder.
l wish TO call your especial attention
to the recent occurrences in Nicaragua
| for | believe the terrible events re-
corded there during the revolution OF
the past summertime useless loss OF
life, the devastation of property, the
bOmbardment Of defenselesS cities. the
killing and wOunding of women and
children. the tOrturing of nOncOmbat
ants to exact contributions and the
suffering Of thousands Of human be
ings-might have been averted had the
department of state, through approval
Of the loan convention by the senate
been permitted to carry out its now
we'll developed policy of encoura gine
the extending of financial aid to weak
Central American states with the pri
mary objects Of avoiding just sucl
revolutions by assisting those repub
lies to rehabilitate their finances, tC
establish their currency on stable
basis, to remove the custom houses
from the danger of revolutions by ar
ton, and to establish reliable banks
l wish to congratulate the officer:
and men Of the United States navy anC
marine corps who took part in re-estab
fishing order in Nicaragua upon theil
splendid conduct and to record will
sorrow the death of seven American
marines and bluejackets. Since the re
establishment of peace and order cleo
tons have been held amid conditions o.
quiet and tranquility. Nearly all tn,
American marines have now beer
withdrawn.
Our Mexican Policy.
For two years revolution and counter
revolution have istraught the neigh
boring republic of Mexico. Brigandagt
has involved a great deal of depreda
ton upon foreign interests. There nav,
constantly required questions of eX
treme delicacy. On several occasion!
very difficult situations have arisen OF
our frontier Throughout this tryin.
period the policy of the United State.
has been one Of patient noninterven
ton, SteadfaSt recognition of constitut
ed authority in the neighbOring ma
ton and the exertiOn of every effor
to care for American interests. | pro
foundry hope that the Mexican nation
may soon resume the path of order
prosperity and progress To that ma
ton in its sore troubles the sympa
thetic friendship of the United State.
has been demonstrated to a high de
| gree.
There We're in Mexico at the begin
ming of the revolution some 10000 Of
10000 American citizens engaged il
enterprises contributing greatly to the
:. prosperity Of that republic and aisC
benefiting the important trade between
the two countries. The investments o.
American capital in Mexico has beer
estimated at 81 900, 100000. The respon
sibility of endeavoring to Safeguard
those interests and the dangers insep
arabic from propinquity to so turbulen
a situation have been great. but | m
happy TO have been able TO adhere t
the policy above outlined-a policy
which l hope may soon be justified by
the complete success Of the Mexican
people in regaining the blessings o.
peace and good order
Agricultural Credits.
, A most important work accomplished
, in the past year by the American dip
lOmatic officers in Europe is the inves
, | tigatiOn Of the agricultural credit sys
tenn in the European countries. Boil
, as a means 70 afford relief 10 the con
( Of fry