But your representatives in Paris placed your country in no tricky attitude of endeavoring either to evade or repudiate just obligations. They recognized the duty of reimbursement for debts legitimately incurred for pacific improvements or otherwise, for the real benefit of the transferred territory. Not till it began to appear that, of the Philippine debt of forty millions Mexican, or a little under twenty millions of our money, a fourth had been transferred direct to aid the war in Cuba, and the rest had probably been spent mainly in the war in Luzon, did your representatives hesitate at its payment; and even then they decided to give a lump sum equal to it, which could serve as a recognition of whatever debts Spain might have incurred in the past for expenditures in that archipelago for the benefit of the people.

They protected what was gained in the war from adroit efforts to put it all at risk again, through an untimely appeal to the noble principle of Arbitration. They held—and I am sure the best friends of the principle will thank them for holding—that an honest resort to Arbitration must come before war, to avert its horrors, not after war, to escape its consequences.

They were enabled to pledge the most Protectionist country in the world to the liberal and wise policy of the Open Door in the East.

And finally they secured that diplomatic novelty, a treaty in which the acutest senatorial critics have not found a peg on which inadmissible claims against the country may be hung.

The Material Side of the Business.

At the same time they neither neglected nor feared the duty of caring for the material interests of their own country;—the duty of grasping the enormous possibilities upon which we had stumbled, for sharing in the awakening and development of the farther East. That way lies now the best hope of American commerce. There you may command a natural rather than an artificial trade—a trade which pushes itself instead of needing to be pushed; a trade with people who can send you things you want and cannot produce, and take from you in return things they want and cannot produce; in other words, a trade largely between different zones, and largely with less advanced peoples, comprising nearly one fourth the population of the globe, whose wants promise to be speedily and enormously developed.

The Atlantic Ocean carries mainly a different trade, with people as advanced as ourselves, who could produce or procure elsewhere much of what they buy from us, while we could produce, if driven to it, most of what we need to buy from them. It is more or less, therefore, an artificial trade, as well as a trade in which we have lost the first place and will find it difficult to regain. The ocean carriage for the Atlantic is in the hands of our rivals.

The Pacific Ocean, on the contrary, is in our hands now. Practically we own more than half the coast on this side, dominate the rest, and have midway stations in the Sandwich and Aleutian Islands. To extend now the authority of the United States over the great Philippine Archipelago is to fence in the China Sea and secure an almost equally commanding position on the other side of the Pacific—doubling our control of it and of the fabulous trade the Twentieth Century will see it bear. Rightly used, it enables the United States to convert the Pacific Ocean almost into an American lake.

Are we to lose all this through a mushy sentimentality, characteristic neither of practical nor of responsible people—alike un-American and un-Christian, since it would humiliate us by showing lack of nerve to hold what we are entitled to, and incriminate us by entailing endless bloodshed and anarchy on a people whom we have already stripped of the only government they have known for three hundred years, and whom we should thus abandon to civil war and foreign spoliation?

Bugbears.