The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1927-01-14
u. S. WARSHIPS Are ORDERED
TO CENTRAL AMERICAN WATERS

1t IS only with regard to tbo
mittedly precious American aa-
tries" and enterprises in Nioo MUS
that the president wakes franl aqua
For many years Americans -
been living in Nicaragua deve 2 nave
its industries and carrying on D'Gbp ,lg
ness. ~ OuSi'
"The United States has oocasio,
ly been obliged to send naval '@ fols
for their protection. in fbo 1OIces
sent crisis such forces are roo,,oI pre-
by the Nicaraguan government tG >
Never Got Million
He also admitted that the SO ooo
600 paid" for American canal I;oI,
to Nicaragua were never recai,-aSSI
the government but were oivon !!
bankers who held notes against ~ 70
government. vie
In addition to these industis.
the government of Nicaragua NV
treaty granted in perpetuitv to "a
United States the exclusive pronr .ie
tary rights necessary and convioS,
for the construction, operation, AMY
maintenance of an oceanic canal N'U
"The consideration paid INV A.
United States to Nicaragua was t tIe
sum of $3,O0O,0OO. At the time If t Az
payment of this money a financ; III
plan was drawn up between the NJ"
araguan government and its creditor.
which provided for the consolidafion
of Nicaragua's obligations. '-
Doesn't Know Bankers
Processing undue Ignorance abou.
the manner in which internationai
finance is conducted, the pres siJela.
talks as if he had never heard Of of- ~.
banking firm of Brown Brothers '' q
90. and j. w. Seligman who how
floated numerous Nicaraguan loan.
in this country. 'O'iiS
The bonds held in the TTni+oa
States are held by the public IN 'i aos
eral circulation and, SO far as Az t5o
department knows, no Americar
bankers are directly interested in 't +5a
Nlcaraguan Indebtedness. ~''
There is no question that if tbo
revolution continues American r.
vestments and business intereets =
Nicaragua will be very seriousIv of s.
1ected' If not destroyed. The cur
rency, which is now at par. will h
inflated. American as well az f., !,
elgn bondholders will undoubted1
look to the United States for the
protection of their interests"
Hits Mexico ThruOut.
: In conclusion, the message. takes .
parting shot at Mexico. warning 49,
country that the only nation which
has a right to intervene in the sf
fairs of Latin America, is the TTnita,
: States. Turnout the document
: yelled hostility towards Nexic,
: drives one to the conclusion that II,
message is as much directed agains
the country south of the Rio Grand
, as 1t IS an explanation of the pres
ence Of an American armada in IN
t caribbean of such proportions as /,
7 arouse even the most conservative
S elements Of the nation to protest
=
;. Makes Caraway Almost Swear
!. Washington, Jan. 10.-Presiden
Coolldge's defense of his Mexican
= Nlcaraguan policy in his special mes
f sage today did not allay the crit
Y clsm that has met it in congress.
Republican applause met the mes
t sage in the house, but the democrat
t en- bloc sat silent, and few minute
r later Rep. Romje CD of Missour
d made a speech declaring "a war wit
g Mexico may be touched off, and con
: ditions do not justify war"
e The presidents senatorial critic
e were not silenced, either.
S i can't comment, I've quit swear
t ing," said Senator Caraway (D) O
i Arkansas, another administrator
critic.