Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-16
AMERICAN CAPITAL
IS INVITED BY D|Az
Economic Development of
Nicaragua Outlined by
President. If Republic.

comprehensive pan Tor the de
velopment of Nicaragua largely
through American aid and American
capital is outlined by President Dia2
in his statement made public here
asst night. proposing peace to the
liberals now supporting Sacasa for
president of the Central American re
public.
The plal, fer the economic develop
ment of Nicaragua suggested by
President DiaZ includes an American
loan for the construction of ran
way to the Atlantic coast and high
WAYS throughout lie country.
President Diaz also proposes that
upon the establishment OF peace. as a
means of guaranteeing law and order,
to enlarge the national guard and To
make of il the only army in the coun-
Try. to be used solely as a police corps.
The organization OF the national
guard with foreign Instructors is pro-
vided for in the Central American
treaty OF 1928, President DiaZ points
out.
Wants Army Instructors.
Il hope that as peace is re-estab-
lished the American Government will
grant our request for the detail Of an
adequate military mission of Amer
can officers and non-commiSSiOned Of
ficers to reorganiZe and discipline this
force" he SAYS 1.-THE Nicara guam Of
ticers and men would be selected on
the basis of merit. not politics.
AS soon as these measures are in
itiated the future peace and tran
guilty of the country will be 50 as
Sured that l hope it will be possible
for my country to secure in the
United States a large loan for the cou-
struction of a railway TO the Atlantic
coast and highways needed for the
development Of the country. The
money, to be expended under Ameri
can supervision, these improvements
would obviously benefit both conserva-
tiVes and liberals alike. The cooper
alton of the American Government in
the solution of our political and police
problems would enable us to obtain
such loans on reasonable terms.
We remember that American CAPT
talists gave us our railway. our bank
and our gold standard and that we
now own these institutions without
owing one cent TO American or for
eign capitalists. After these expert
ences we have no fear of losing our
independence by further borrowing,
but believe that only by achieving.
with the aid of foreign capital and
enterprise and economic independence.
Adfl W. dIldill " d PSSlbAOiA vi A1oA
political independence among the ma
tons of the world"
Raps Mexican Regime.
President Diaz takes a fling at the
reported Mexican Intervention in sup
port of the revolutionists under
Sacasa. He says:
For Nicaragua the establishment
by Mexican armed intervention of a
governmental regime with the aid of a
Nicara guam political minority, would
have meant the control of this coun-
try by the Gales government. which
among the nations of the American
continent, il not of the world, is most
universally and justly condemned for
it's policies and administration and the
fruits they have lately borne in
Mexico.
1.-THE decision of President Coolidges
Government viii spare Nicaragua the
horrors of polshevism, lawlessness, re-
ligious persecution and general retro.
greSSion."
May Meet Opposition.
President Diaz recognizes that there
may be opposition among the Liberals
TO his peace proposal. including his
retention of the presidency. He de-
elares, however, his proposal should re-
ceive their consideration for the fol
lowing reasons:
"One. the conservatives are. and
have been all along. in full control.
have been all along in full control.
Two, my government has only two
years more. Three. the country is
now in no condition to support the eA.
pense and disturbance Of economic life
incidental TO a series of constituent !
elections followed by other general
elections, TO form a new government,
in which there is every probability the
conservatives would again predomi-
nate. Four, my government offers the
most generous modus vivendi conceiv
able short of turning over the power
to the Liberals. or dividing 1t with
them, which is an impracticable ar
rangement.
1.-The offer of my government TO &C
cept American supervision to guaran-
tee the elections OF 1928 affords con-
.vincing proof of our good faith and
purposes to give the Liberals fair
play"