Rogue River courier. (Grants Pass, Or.) 1886-1927, 1912-12-06

debt and chaotic national finances and
from the ever present danger Of inter
national complications due 10 disorder
az home
Hence the United states has been
Z glad 10 encourage and support Ameri-
can bankers who were willing to lend
helping hand 10 the financial re-
/ habllintiou 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 the men
ace Of revolutionary disorder
/ / wish 10 call your especial attention
/ 10 the recent occurrences in Nicaragua,
for 1 believe the terrible events re-
corded there during the revolution Of
/ the past summer-the useless loss of
/ life. the devastation Of property, the
/ b0mbarlment Of dcfcnseless cities. the
/ killing and wounding Of women and
/ children. the tOrturing Of noncombat-
ants 10 exact contributions and the
suffering OF thousands Of human be-
/ ings might have been averted had the
4 department Of state, through approval
Of the loan convention by the senate,
/ been permitted to carry out it's now
well developed policy Of encouraging
/ the extending Of financial aid TO weak
/ Central American states with the Dri-
mary objects Of avoiding Just such
revolutions by assisting those repub-
/ lies TO rehabilitate their finances, to
/ establish their currency ON a stable
/ basis, 10 remove the custom houses
from the danger of revolutions by ar
ranging for their secure admnistra-
ton, and to establish reliable banks.
/ | wish TO congratulate the officers
and men Of the United States navy and
marine corps who took part in re-estab-
fishing order in Nicaragua upon their
splendid conduct and TO record with
sorrow the death Of seven American
marines and bluejackets Since the re.
establishment Of peace and order cleo
tions have been held amid conditions Of
quiet and tranquility Nearly all the
American marines have now been
withdrawn.
Our Mexican Policy.
For two years revolution and counter
revolution have distraught the neigh
boring republic Of Mexico Brigandage
has involved a great deal Of depreda-
tlon upon foreign interests. There nave
constantly recurred questions Of ex-
treme 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 nonlnterven-
tion, steadfast recognition of constitut-
ed authority I'm the neighboring ma
tion and the eXertiOn of every effort
to care for American interests. | pro-
foundly hope that the Mexican nation
may soon resume the path of order,
prosperity and progress. TO that ma
tiOn in its sore troubles the sympa-
thetic friendship of the United States
has been demonstrated to high de
gree
There were in Mexico at the begin
ming Of the revolution some 10000 or
10000 American citizens engaged in
enterprises contributing greatly to the
prosperity of that republic and also
benefting the important trade between
the two countries. The investments of
American capital in Mexico has been
estimated at 81 OCO,0OOO0O Tile respon-
sibility Of endeavoring to safeguard
arabic from prOpinquity to so turbulent
a situation have been great but | am
happy to have been able to adhere to
the policy above outlined-a policy
which hope may soon be justified by
the complete success of the Mexican
people in rcgaining the blessings of
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 nves-
tigaton of the agricultural credit syS-
TEN in the European countries Both
as a means to afford relief to the con
sumerS of this country through a more
thorough development of agricultural
resources and as means of more suhi.
clently maintaining the agricultural
population the project to establish
credit facilities for the farmers IL a
concern OF vital importance to this ma.
ton
No evidence Of prosperity among well
established farmers should blind us to
the fact that lack OF capital is prevent
ing a development Of the nations agri.
cultural resources and an adequate in.
crease Of the land under cultivation;
that agricultural production is fast fall.
ing behind the increase in population
and that, in fact. although these well
established farmers are maintained In
increasing prosperity because Of the
natural increase i'm population. we are
not developing the industry of agricul.
ture.
Advantage Of Maximum and Minimum
Tariff Provision.
The Importance which our manufac.