The border vidette., 1913-11-15
WILSON'S BEAUTIFUL WORDS.
U. s. Will Never Seek New Territory
 By Conquest.

~Nho were spoken by President Will before the Southern Commercial Congress at Mobile, Alabama:
 ''The future, ladies and gen tlemen, is going to be very diff ferent for this hemisphere from the past. The States lying to the south of us, which have al ways been our neighborS, will now be drawn closer to us by innumerable ties, and, I hope, chief of all by the tie of a com mon understanding of each other.
 Interest does not tie nations together. It sometimes separ- ates them, but sympathy and understanding do unite them.
 'There is one peculiarity about the history of the Latin Amer ican States which I am sure they are keenly aware of. You hear of concessions to foreign capitalists in Latin America. You do not hear of concessions to foreign capitalists in the Unit ed States. They are not grant ed conces sions. They are invit- ed to make investments. The work is ours, though they are welcome to invest in it. We do not ask them to supply the cap ital and do the work. It is an in vitation, not a privilege, and States that are obliged, because their territory does not lie with in the main field of modern en- terprise and action, to grant concessions, are in this condi- tion, that foreign interests are apt to dominate their domestic affairs, @ condition of affairs al ways dangerous and apt to be- come intolerable.
 What these States are going to seek, therefore, is an eman- cipation from the subordination which has been inevitable to foreign enterprise and an aSser- tion of the splendid character which, in spite of these difficult ties, they have again and again been able to demonstrate. The dignity, the courage, the self possession, the respect of the oUciUSS, CIlSlI achievements in the face of all these adverse circumstances de- serve nothing but the admira- tion and applause of the world. They have had harder bargains driven with them in the matter of loans than any other peoples in the world. Interest has been exacted of them that was not exacted of anybody else, be- cause the risk was said to be greater, and then securities were taken that destroyed the risks. An admirable arrangement for those who were forcing the terms.
 II rejoice in nothing so much as in the prospect that they will now be emancipated from these conditions, and we ought to be the first to take part in assist ing that emancipation. I think some of these gentlemen have already had occasion to bear witness that the Department of State in recent months has tried to serve them in that wise. In the future they will draw closer and closer to us because of cir cumstances of which I wish to speak with moderation and, I hope, without indiscretion.
 We must prove ourselves their friends and champions, upon terms of equality and hon. or. You cannot be friends upon any other terms than upon the terms of equality. You cannot be friends at all except upon the terms of honor, and we must show ourselves friends by com pretending their interest, Whe- ther it squares with our interest or not. It is a very perilous thing to determine the foreign policy of @ nation in the terms of material interest. It not only is unfair to those with whom you are dealing, but it is degrad ing on tEe part of your own ac tions.
 "Comprehension must be the soil in which shall grow all the fruits of friendship, because there is a reason and a compul sion lying behind all this which are dearer than anything else to the thoughtful men of America; l mean the development of con stitutional liberty in the world. Human rights, national inte