The Denison review. [volume] (Denison, Iowa) 1867-current, 1912-12-04

| Ways, VI tue udtlOlltl revenues upOu
which these reforms depended. led the
department Of state early in the admin
iStration to demand for American citi.
!enS participation in such enterprises,
in order that the United States might
have equal rights and an equal voice in
I'll questions pertaining to the DISPOSE
lion Of the public revenues concerned.
The same policy Of promoting inter-
national accord among the powers hay
Ing similar treaty rights as ourselves in
| the matters of reform. which could not
| De put into practical effect without the
| common consent Of all, was likewise
| adopted in the case Of the loan desired
10y China for the reform of it's 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 Il great
factor in that concert of the powers
which has been so happily conspicuous
Turing 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 us Nicaragua
md HondHra: TO help themselves. They
ire the immediate benefciaries. The
national benefit to the United States is
twofo!d. First. 1t 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 heae-
i'y 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 Emitted States has been
glad to- encourage and support Amer1-
can bankers who were willing to lend
q 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 be dictators
would remove at one stroke the men
ace of foreign creditors and tile men,
ace Of revolutionary disorder.
wish to call your especial attention
to the recent occurrences il Nicaragua,
I ho1; IN, Ia, 70, rsa
corded there during tile revolution Of
the past SUMMERTIME useless loss OF
life. the devastation Of property. the.
Of defenseless cities; the.
killing and wounding Of women and
children. the torturing OF noncombat-
ln+> to exact contributions and tie.
Of thousands Df human be
ngS-m might have been ;Iwerted had the
department of state. through approvai
If the loan convention by the senate.
been permitted to carry out it's now
we'll developed policy OF encouraging
The extending Of financial aid to weak
Central Americans states with the pris
mary objects Of avoiding just such
revolutions by assisting those repub-
lies to rehabilitate their finances. to-
their currency on a stable
basis. to remove the custom houses
from the danger of revolutions by ar.
for their Sechle adininiStra.
ion. and to establish reliable banks:
| wish to congratu late the officers
and men of the United States navy and
marine corps who took part in re-estab.
ishing order in Nicaragua upon their
splendid conduct and ca record with
sorrow the death of seven American
marines and 'blncjackcCS. Since the re.
of peace and order cleo
ions have been held a mid conditions OF.
luiet and tranquility Nearly all the
american marines ih1ye now beaA,
vitll.lraw1I
Our Mexican Policy.
FuFtwo years revelation and counter
revolution have di$traught the neigh.
,oring republic Of Mexico. Brisandage.
fsS involved a greas deal of deprcda.
ion upon foreign interests. There nave.
constantly recurred questions Of ex.
rene delfcacy. GIN several occasions.
rery difficult situations have arisen on,
mr. frontier Tlnoughout this trying,
h.riod the policy Of the United States.
mas been one of patient isoninterven-
ion: SteadfaSt recognition of constitut.
ID authority in the neit.hbOring ma
ion, and the. e.xertion' of every, effort
o care. for American interests. l pre-,
Foundly hope that the Mexican nation.
may soon Resume the. path Of. ORDER.
and progress To tdE,t na
ion in it's sore troubles the Sympar.
lietic Friendship of the United States;
mas been demonstrated to a! high, de-.
gree.
There. were in Mexico at the begin,
hing of the REVOLUTION some, 3O.OOG az
10000 American citizens, engaged i'm
contributing greatly to- the
of that republic and also
the Important trade between
the, two countries. The Investments of
american capital in Mexico has been
stimated at $i.0C0,OO0l 800. The resl,on.