The Richmond Virginian. (Richmond, Va.) 1910-1920, 1913-03-20
Fortnight I'm Power.

lust a fortnight In power. the new
administration has already made two
important declarations Of foreign poll
icy, and will soon take up another ir-
ternational problem for solution. by
congressman the administrators acts
are being followed with interest, and,
it liz believed, with general approval
thus far,
Unqualified sanction was sven by
congressman to President Wilson's re-
cent announcement as TO the admin
istration's attitude toward Central and
South American governments In
brief. that pronunciamento was res
garded as a declaration of ''honorabla
intentions" by this government to-
ward neighbors to the southwark.
coupled with warning in language un-
equivocai that turbulent elements In
those countries seeking disturbance
will he frow-ned upon by the United
States. and the governments thereof
held to- accountability.
President Wilson's administration
found ii expedient TO make this for
NAL announcement because OF evil
dences of suspicion among the Latins
of their neighbors of the north.
To be sure. there was no actual
existent ground for suspecting ui-
terror motives. The Taft administra-
Gus effort to convince them of the
disinterested friendship of the North
Americans But the fact was evident
that, nevertheless and notwithstand-
ing, the suspicion was there. incul-
Gated. 1T is said by politicians seeking
their personal ends.
Admire His FranISness.
The new administration and its
supporters in congress feel that moth
ing could have been more frank nor
should be more convincing of the
friendly but firm policy of the VIII
son regime toward Latin-America, and
ii is now regarded as a closed incl
dent, as they say in the language Of
the Chancelleries.
President Wilson's refusal to guar
antee the participation of American
bankers In the six power loan to China
will be approved by Democratic con-
gressmen generally, 1t Is thought. ~
the situation is viewed by some, the
new administration has advoided COM
hitting the United States to a policy
which contained, in the view of Pres
ident Wilson and his advisers. ele-s
ments of possible future foreign en-
tanslement.
While the Taft administration did
not apprehend such possibilities In tha
arrangement. the Wilson administers
ton is taking no chances. Playing
safety" IL is said, will be the verdict
OF friends of the administration IN
congress. and the policy with the ADJ
ministration expecting to receive y. VA
A uint in the presidents statement
of future legislation TO facilitate Amer
lean trade and financial connections
abroad attracted attention of congress-
men today. The president said.
/ The present administration Will
urge and support the Legislative meas
ures necessary to give American uier-s
chants, manufacturers contractors ana
engineers the banking and other flnan~S
cial facilities which they now Lack
and without which they are at a SER
ious disadvantage as compared with
their commercial and Industrial rj~s
walls" a@Hs
Foreign Branch Banks.
This suggestion is construed to refer
to amendment of the banking and
currency laws to allow the estahlials
ment of branches Of American han1m
in foreign countries, a privilege NJ
now accorded to national hanks ~
this country. Americans doing hs111
ness In the orient and in South Af@
ness in the orient and tn G0G4