Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1912-12-03

In connection with certain INDUSTRIAL
enterprises, such as the Hukuang rail.
ways, Of the national revenues upon
which these reforms depended, led the
department of state early in the admin
istration TO demand for American Cit
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
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 q great
factor in that concert Of the powers
which has been so happily conspicuous
during 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 as Nicaragua
and Honduras to help themselves. They
are the immediate benehciaries. The
national benefit to the United States is
twofold. First, 1t is obvious that 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 heav-
fly 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
from the ever present danger of inter
national complications due to disorder
at home.
Hence the United States has been
glad toIencourage 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 be dictatOrs
would remove at one stroke the men
ace of foreign creditors and the men
ace OF revolutionary disorder.
/ | wish to call your especial attention
| to the recent occurrences in Nicaragua.
/ for / believe the terrible events re-
1 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 woundlng of women and
children, the torturing Of noncombat-
ants to exact contributions and the
suffering Of thousands of human be-
ings-might have been ayerted had the
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 pri-
mary objects of avoiding just such
revolutions by assisting those repub-
lies to rehabilitate their finances, to
establish their currency on a stable
basis, to remove the custom houses
from the danger OF revolutions by ar
ranging for their secure administra
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 theil
splendid conduct and to record witt
sorrow the death Of seven American
marines ana oluejackets. Since the re
establishment of peace and order cleo
tons have been held amid conditions o.
quiet and tranquility. Nearly all til,
American marines have now beer
withdrawn.
Our Mexican Policy.
For two years revolution and counte
revolution have distrsught the neigh
has involved q great deal of depreda
ton upon foreign interests. There nav,
constantly required questions of ex
IRENE deliCscy. On several occasions
very difficult situations have arisen oil
, 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
, foundly hope that the Mexican natiol
may soon resume the path Of order
prosperity and progress. To that ma
, ton in its sore troubles the symps
thetic friendship OF the United State
, has been demonstrated to a high de
= gree.
, There were in Mexico at the begin
: ming OF the revolution some 10000 0
2 10000 American citizens engaged 4
, enterprises contributing greatly to tn
? prosperity of that republic and ais
. bene6ting the important trade betwee
: the two countries. The investments O
J American capital in Mexico has bee
! estimated at 81 ,OO0. OOO. 900. The respor
: sibility Of endeavoring to safeguar
= those interests and the dangers inseI
p arabic from propinquity TO so turbulen
I q situation have been great, but ar
: happy to have been able TO adhere [
: the policy above outlIned-a polio
4 which / hope may soon be justified b