In closing I want to say one word upon success in life, upon the success that each of us should strive for. It is a great mistake, oh, such a great mistake, to measure success merely by that which glitters from without, or to speak of it in terms which will mislead those about us, and especially the younger people about us, as to what success really is. There must, of course, be for success a certain material basis. I should think ill of any man here who did not wish to leave his children a little better off and not a little worse off materially than he was. I should not feel that he was doing his duty by them; and if he can not do his duty by his own children he is not going to do his duty by any one else. But after that certain amount of material prosperity has been gained then the things that really count most are the things of the soul rather than the things of the body, and I am sure that each of you here, if he will really think of what it is that has made him most happy, of what it is that has made him most respect his neighbors, will agree with me. Look back in your own lives; see what the things are that you are proudest of as you look back, and you will in almost every case find that those memories of pride are associated not with days of ease but with days of effort, with the day when you had to do all that was in you for some worthy end, and the worthiest of all worthy ends is to make those that are closest and nearest to you, your wife and children and those near you, happy and not sorry that you are alive; and after that has been done to be able so to handle yourself that you can feel when the end comes that on the whole your country, your fellow-men are a little better off and not a little worse off because you have lived. This kind of success is open to every one of us. The great prizes come more or less by accident, and no human being knows that better than the man who has won any of them. The great prizes come more or less by accident, but to each man there comes normally the chance so to lead his life that at the end of his days his children, his wife, those that are dear to him, shall rise up and call him blessed, and so that his neighbors and those brought into intimate association with him may feel that he has done his part as a man in a world which sadly needs that each man should play his part well.
Now, gentlemen, I have to say good-night. This has been such a delightful dinner that I already find I am staying pretty nearly as late as I can stay and catch the train that is to take me back to my regular work at Washington. I thank you for your greeting, and I assure you that not one meeting which I have attended since I have been President has given me greater pleasure to attend than this dinner.
MESSAGE FROM THE PRESIDENT OF THE UNITED STATES, TRANSMITTING A PROTOCOL OF AN AGREEMENT BETWEEN THE UNITED STATES AND THE DOMINICAN REPUBLIC, PROVIDING FOR THE COLLECTION AND DISBURSEMENT BY THE UNITED STATES OF THE CUSTOMS REVENUES OF THE DOMINICAN REPUBLIC, SIGNED ON FEBRUARY 4, 1905
To the Senate:
I submit herewith a protocol concluded between the Dominican Republic and the United States.
The conditions in the Republic of Santo Domingo have been growing steadily worse for many years. There have been many disturbances and revolutions, and debts have been contracted beyond the power of the Republic to pay. Some of these debts were properly contracted and are held by those who have a legitimate right to their money. Others are without question improper or exorbitant, constituting claims which should never be paid in full and perhaps only to the extent of a very small portion of their nominal value.
Certain foreign countries have long felt themselves aggrieved because of the non-payment of debts due their citizens. The only way by which foreign creditors could ever obtain from the Republic itself any guaranty of payment would be either by the acquisition of territory outright or temporarily, or else by taking possession of the custom-houses, which would of course in itself, in effect, be taking possession of a certain amount of territory.
It has for some time been obvious that those who profit by the Monroe Doctrine must accept certain responsibilities along with the rights which it confers; and that the same statement applies to those who uphold the doctrine. It can not be too often and too emphatically asserted that the United States has not the slightest desire for territorial aggrandizement at the expense of any of its southern neighbors, and will not treat the Monroe Doctrine as an excuse for such aggrandizement on its part. We do not propose to take any part of Santo Domingo, or exercise any other control over the island save what is necessary to its financial rehabilitation in connection with the collection of revenue, part of which will be turned over to the Government to meet the necessary expense of running it, and part of which will be distributed pro rata among the creditors of the Republic upon a basis of absolute equity. The justification for the United States taking this burden and incurring this responsibility is to be found in the fact that it is incompatible with international equity for the United States to refuse to allow other powers to take the only means at their disposal of satisfying the claims of their creditors and yet to refuse, itself, to take any such steps.
An aggrieved nation can without interfering with the Monroe Doctrine take what action it sees fit in the adjustment of its disputes with American States, provided that action does not take the shape of interference with their form of government or of the despoilment of their territory under any disguise. But, short of this, when the question is one of a money claim, the only way which remains, finally, to collect it is a blockade, or bombardment, or the seizure of the custom-houses, and this means, as has been said above, what is in effect a possession, even though only a temporary possession, of territory. The United States then becomes a party in interest, because under the Monroe Doctrine it can not see any European power seize and permanently occupy the territory of one of these Republics; and yet such seizure of territory, disguised or undisguised, may eventually offer the only way in which the power in question can collect any debts, unless there is interference on the part of the United States.
One of the difficult and increasingly complicated problems, which often arise in Santo Domingo, grows out of the violations of contracts and concessions, sometimes improvidently granted, with valuable privileges and exemptions stipulated for upon grossly inadequate considerations which were burdensome to the State, and which are not infrequently disregarded and violated by the governing authorities. Citizens of the United States and of other Governments holding these concessions and contracts appeal to their respective Governments for active protection and intervention. Except for arbitrary wrong, done or sanctioned by superior authority, to persons or to vested property rights, the United States Government, following its traditional usage in such cases, aims to go no further than the mere use of its good offices, a measure which frequently proves ineffective. On the other hand, there are Governments which do sometimes take energetic action for the protection of their subjects in the enforcement of merely contractual claims, and thereupon American concessionaries, supported by powerful influences, make loud appeal to the United States Government in similar cases for similar action. They complain that in the actual posture of affairs their valuable properties are practically confiscated, that American enterprise is paralyzed, and that unless they are fully protected even by the enforcement of their merely contractual rights, it means the abandonment to the subjects of other Governments of the interests of American trade and commerce through the sacrifice of their investments by excessive taxes imposed in violation of contract, and by other devices, and the sacrifice of the output of their mines and other industries, and even of their railway and shipping interests, which they have established in connection with the exploitation of their concessions. Thus the attempted solution of the complex problem by the ordinary methods of diplomacy reacts injuriously upon the United States Government itself, and in a measure paralyzes the action of the Executive in the direction of a sound and consistent policy. The United States Government is embarrassed in its efforts to foster American enterprise and the growth of our commerce through the cultivation of friendly relations with Santo Domingo, by the irritating effects on those relations, and the consequent injurious influence upon that commerce, of frequent interventions. As a method of solution of the complicated problem arbitration has become nugatory, inasmuch as, in the condition of its finances, an award against the Republic is worthless unless its payment is secured by the pledge of at least some portion of the customs revenues. This pledge is ineffectual without actual delivery over of the custom-houses to secure the appropriation of the pledged revenues to the payment of the award. This situation again reacts injuriously upon the relations of the United States with other nations. For when an award and such security are thus obtained, as in the case of the Santo Domingo Improvement Company, some foreign Government complains that the award conflicts with its rights, as a creditor, to some portion of these revenues under an alleged prior pledge; and still other Governments complain that an award in any considerable sum, secured by pledges of the customs revenues, is prejudicial to the payment of their equally meritorious claims out of the ordinary revenues; and thus controversies are begotten between the United States and other creditor nations because of the apparent sacrifice of some of their claims, which may be just or may be grossly exaggerated, but which the United States Government can not inquire into without giving grounds of offence to other friendly creditor nations. Still further illustrations might easily be furnished of the hopelessness of the present situation growing out of the social disorders and the bankrupt finances of the Dominican Republic, where for considerable periods during recent years the bonds of civil society have been practically dissolved.