Evening star

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I nited States and t'hlna. Since the

1 nited States brought order out of chaos

in the finances of the Dominican Repub

lie, that republic has met its foreign

obligations and is enjoying a degree of

peace and prosperity hitherto unknown,

under an arrangement by which the I "nited

States lias given just the necessary as- i

surance of stability to bring and main

tain the new situation. French and

American bankers are undertaking, with

the approval of their governments, the es

tablishment of a strong bank in Haiti,

under- an arrangement by which foreign

obligations are to be met and local enter

prises to be fostered. The United States

has assumed to the Republic of Panama,

the Immediate neighbor of the canal, a

relationship of practical protection I

against outside interference, and with

results thus far excellent.

Monroe Doctrine.

If there is anj' part of this hemisphere

where the Monroe doctrine of opposi

tion to any European lodgment likely to

lead to a territorial foothold should be

especially insisted upon it is Central

America and the neighborhood of the

canal. When such a country as Hon

duras, for example, owes a heavy debt

to a European power, since it is no part

of the policy of the United state to pro

tect debtors from the just claims of their

creditors, the United States must either

acquiesce in the necessary arrangement

with the European power concerned, or

must promote the relief of the situation

through our own citizens. This latcer

course is the better for two reasons:

I irst, because the assumption of a rela

How to cite this articleCómo citar este artículo

Evening star. (1911). Washington, D.C., 1911-02-26. Haiti in the American Press. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn83045462/1911-02-26/ed-1/?sp=7

ReferencesReferencias

Library of Congress, Chronicling America: Evening star, 1911-02-26.