The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1912-12-04

in connection with certain industrial
enterprises, such as the Huknang 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 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 disposi-
tion 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
,tances has admittedly been great
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 beneficiares. 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. too. 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 he removed from the
jeopardy invoIvedAby heavy foreign
debt and chaotic tional finances and
from the ever PRED mt danger Of inter
national complications due. to disorder
Mt home
Hence the United States has been
glad to encourage and support Ameri
can bankers who were willing to lend
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.
wish 10 call your especial attention
TO the recent occurrences in Nicaragua.
for believe the terrible events re-
corded there during the revolution of
the past srmmer-the 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
ngs-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
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 rehabiltate 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
I and men of the United States navy and
marine corps who took part in re eestab.
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.
OuI
For two years revolution and counter
revolution have distraught the neigh
boring republic of Mexico, Brlgandage
has involved n great deal of depreda-
tion upon foreign interests There nave
constantly recurred questions of ex
treme dellcacy. 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 nonnterven-
tion, steadfast recognition of constitut.
ed authority in the neighbOring ma
tion and the eXertlOn 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
tlon in its sore troubles the sympa-
thetic friendship of the United States
has been demonstrated to a 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
benefiting the important trade between
the two countries. The investments OF
American capital in Mexico has been
estimated at 81 1,0C0,000,0O0. The respon
sibility of endeavoring to safeguard
those interests and the dangers insep-
arabic from propinquity to so turbulent
a situation have been great. but am
happy to have been able to adhere to
the policy above outined-a policy
which hope may soon be justified by
the complete success of the Mexican