The Topeka state journal

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steps of the state capitol building. The

president spoke in behalf of proposed

treaties with Nicaragua and Honduras

and vigorously defended the policy of

the administration which he said

"muck raking journals have labelled

Dollar Diplomacy.' Broadly speak

ing President Taft said the proposed

treaties with these countries before the

senate would secure for them a finan

cial agent in the United States who

would settle their existing debts on a

just basis and who would point tne

road to peace and prosperity to two re

publics, rich in natural resources but

torn by strife and revolution. The

president pointed out the efficacy of a

similar arrangement with Santo Do

mingo where this government collects

the customs and sees that foreign debis

are paid, exercises a benefit supervision

that Mr. Taft said has accrued to the

upbuilding of Santo Domingo. Objec

tion to the treaties in the United States

senate, the president said, was based

largely upon the proposition that they

would make entangling alliances uu

republics in this hemisphere for the

Dromotion of a banking contract since

the monev for the payment of the debts

of the two republics would be furnished

by American interests. Another oo-

jection discussed by the president was

that the Monroe doctrine was sumcien

bond between the United States and

Latin American countries.

"It is objected that this is 'dollar

diplomacy,' said the president, "and

that we ought to have none of it. Give

a dotr a bad name and you know what

follows. To call a piece of statecraft's

'dollar diplomacy is to invoke the con

How to cite this articleCómo citar este artículo

The Topeka state journal. (1911). Topeka, Kansas, 1911-10-13. US/DR Newspaper Timeline. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn82016014/1911-10-13/ed-1/?sp=1

ReferencesReferencias

Library of Congress, Chronicling America: The Topeka state journal, 1911-10-13.