Show MIlt J n 0 of nf Corned 11 University la N S not lint In for favor of If heavy expenditure Iu lagan n the th American Arlan navy na naH He H maintain that E Fn Every T tent rant spent la in this direction is Ic I lost to 10 the th Pre v ItI capita n of the t h world orld just Juet as though It had Iad bern b n dropped into the lbs tb teen ocean he h declared and end his hla criticism was waa received Nty with thunderous ap applause plaue IUM President further furth says ay that at MM dal cause tUII of ot the Uw ln tin reel reas rease M e dolt ct of cat living II wee waa u tIM the extravagance and M west waste of 01 the h an people He H na that prosperity has ha made the thea th a i opts IBM NN the habit h bit of economy and Ind thrift that t kits kaa previously i rl them TAN view of the I he street Itt of ex lor war wa has hIoe the Ihl sanction of 01 political economists It Jt is J als also alo a Hr 1111 i principle of the creed o o of those the n who ho are arc agitating taUn for or universal I pesos peace Aa La to the expediency at ot expendi expenditures tore tures t upon a navy that la Is another i question and All admits of many differ differences d r eDNa aeu of opinion The T Insular lna paces I alona ona of this country may me palm make expenditures necessary sine nea Uta Iii American Amerl people would prefer pra r to 0 bear heavy v burdens burden to maintain an cleat lel navy rather than user suffer any an national humiliation from lack Iek of In t of or foreign rel aggression son upon well suck dependencies aa as th tN the Philippines Philippine Were W It not therefore for tel reasons It may ma be that suck such views v u ae those of or President Schurman would ouN b bt be acted acid upon But the rest real I N II yet yes at far tar from the ideal In government nt and es especially lal In affairs 1 International l lA A alon tong long aa a foreign nations are like Ilko likely ko kobe ly te t be In lit a position pout on to menace wort tae Republic j met t that long 10 we tear fear r will armaments o be as B a cart of ot guarantee of peace |