The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1914-03-17

issued by President Wilson last March
and In his Mobile speech. together with
the directions he has given In dealing ing
have engaged his, attention. In his
March statement he referred to the
revolutions which havo so greatly
hind cred the development Of some
of the countries to the south OF us and
indicated his opposition TO the methods
which are employed by ambitious men
who attempt to seize control Of the gov
ernment to advance their own ambitions
or to further their own personal inter-
ests.
All believers In republic accept the
doctrine that the government must de-
rive It's just powers from the consent OF
the governed. and the president gives
every legitimate encouragement to those
while he discourages those who attempt
TO overthrow or Ignore the principles OF
popular government.
He is not concerned as TO the personnel
OF the governmental he desires is that
the people shall have such officers as they
desire IN Mexico he rendered the good
offices Of this government with view
to aiding in reconciling the contend!ng
forces so that an election could be held
and constitutional government restored.
In Santo Domingo he discouraged q revo
luton that had broken out and e1erted
what influence be could TO secure the re-
form OF abuses by constitutional methods,
The main part of the government
work IN Central and South America is
In the encouragement or such invest
nents as can be Iegitimately made by
Americans interested In the development
Of those countries. Here the president has
substituted for dollar diplomacy" a d.
plonnacy which looks to the safeguarding
of the welfare Of the countries developed
we'll as the protection Of American in
vestments. Nothing will be encouraged
away from home that is forbidden here;
in other words. our business men are ex
pected to carry with them into foreign
lands the same business ideals that they
follow mere and employ methods which
are defensible in the forum OF morals
One difficulty with the smaller republics
is that they have TO pay very high in
tercst rate when they borrow money
this interest rate including both the value
OF the money and the tax placed upon the
risk taken, 1t is the aim OF this adminis
tration TO lessen the risk by such efforts
as can be legtimately employed, so that
the countries will be able to secure money
for development at a lower rate of In
terest
In so far as the president can discour-
age revolutions he can encourage that
prosperity which comes with peace
It may take some time TO convince all
OF the people OF Lattn-Amerlca Of this no
TONS disInterested friendship. They have
sometimes been made the victims Of COM
mercial greedj they have sometimes suf-
fered from exploitation by concessionalres
without conscience, and are. therefore
naturally suspicious. but these suspicious
can be overcome and Will be overcome.
Confidence VIII be esta blished In proper
ton as the Latin-American republics are
convinced. as they will be, that this coun-
try does not desire 10 secure any land by
conquest and does not ask for Itself any
privileges or favors that II is not WILLING
to have extended 10 others. believe thai
the presidents policy Will not only give
ample protection TO American interests
but win make American investors vel.
corneG everywhere, each new Investment
resulting In other investments being made
This is the basis OF legitimate trade al
home-there can be no other bnsis for
promotinR commerce abroad. The United