The Coolidge examiner., 1940-07-18
ECONOMIC HIGHLIGHTS

Checks and Tax Bills of Every Individual National ana
International Problems from Local Welfare.
The acdlv polite debate recently carried on between
the United States and German governments concerning
tie Monroe Doctrine reveals that this traditional Amerl
cn policy IS subject widely varying interpretations IL
j. also evident that Hitler is giving the Doctrine an IN
terpretation which imagined by President
Monroe.
The Monroe Doctrine did not come into existence as
long considered carefully thought out statement of T.
{ pocv Rather it swiftly conceived to meet con-
don which in 1888. menaced the sovereignty OF this
ration At that time the three great European states oil
Fussia Prussia and Austria had formed hoy alliance
t. crush revolution in Span and were casting covetous
gance on Snains many possessions in the Western Hemi
sphere addition, Russia, which then owned Alaska,
was attempting dominate the Northwestern coast of this
continent the interest Of her merchant ships So Presi
dent issued official warning in which he said
that the hencefoh not to be considered as
subjects of future colonization by European powers
other words, The status to be maintained So
far as Europe concerned. Afterwards the policy
which had declared meet the emergency of the
moment became convenient instrument for protecting
American interests subsequent crises. We invoked it o
drive the French Mexico after the Civil War to give
the u S. absolute instead of divided control over the
Panama Canal and to force England to come to terms
when border fight between Venezua and British
Guiana.
Today il is obvious that the Doctrine to be used To-
provide legal grounds for preventing the Axis powers
from sezing New World possessions belonging to the
Democ, acieS Germany has met this challenge by assert
ing that the Doctrine must work two if others are
expected to observe hat in brief the u S. must stop
interfering with European affairs if Europe to keep out
of the Americas Ard here where the vast difference of
Interpretation appears For the Doctrine have al
ways understood applied it, deals only with physical
transfers of territory not with political activity We have
ued II to deny European the right to carry
political diplomatic work in sphere of Influence
Hitler to to interpret the Doctrine to include
moral suasion" no less than military force
In addition. high German officials have ntimated
that thev proper to apply Monroe Doctrine of
their to Central Europe. They argue they have as
much right do this have to apply the original
Doctrine Throughout the Americas And again, there is
great difference in interpretation For have not used
the Doctrine excuse for imperial expansion and
geographical aggression. We have not believed that it
the right ensave and oppress other peoples To
the contrary argue have used it only to protect
weaker nations the possible oppression potential
cOnquerors
The President said July 7th that Europe and Asia
should apply the principles of the Monroe Doctrine
cf reaching the disposition of posses
sons of the conquered powers-that all should get to-
eher and settle the attendant problems rather than al
low them to be decided by the victor That looks like
academic opinion which will find no favor whatso-
among the staggering Axis powers.
Germany has said in response to State Department
warnings that inasmuch she has shown desire
seize British and French possessions in this hemisphere
We ha' nothing to kick about yet But Washington
authorities feel certain that Germany will make moves
in direction in time and then the real test of the
Monroe Doctrine will 1t cannot be effective unless
the 20 attn American Republics back it up with u.s. We
working fevershy south the Rio Grande now in an
attemp to bolster influence there enlist both the
continents in the crusade democracy in this hem
sphere.
Business baromCters we'll up largely in anticipa-
ton OF the orders the armament should give
industry So appropriations completed or pending for