facie strong--less, indeed, on its legal than on its ethical and

prudential side. We had allowed ourselves to profit by Colombia's

distress, encouraged secession in federal republics like our own, and

rendered ourselves and our Monroe doctrine objects of dread throughout

Central and South America. Still, Colombia had been so stiff and greedy

and the settlement was in the main so happy, that censure soon subsided.

All the powerful nations speedily followed our example and recognized

Panama's independence.

Copyright, 1900. by Underwood & Underwood, N. Y: