Show WHAT T TilE THC E DRAGO GO DOCTRINE IS Chicago Journal Dr Luis Drago author of or the tho I much t talked lI ed of Drago doctrine Is tho the chief delegate at Tho The Hague peace conference from rein the Argentine lie lic It Is known that he lu does not Intend to bring his doc doc- trino before the conference out of or modesty modest we suppo suppose But the tho conference should have havo opportunity to examine the tile doctrine which has become to so o popular in South America that every countr country has hus adopted It H. Though the tho Drago doctrine was first enunciated Ina in ina ina a note to the government go of or the United States Slates in December December Decem- Decem I ber 1902 it has never attracted much attention In this country countr and Indeed Is little understood That is not surprising however for tor tho the Drago doctrine naturally does hot interest the United Stat State i as much as it docs does o ier nations which are liable Hable to proceedings from stronger strong strong- er nations nation's In search of ot payment for tor debt Tho The doctrine simply la Is that tho the collection of ot public debts debts debts-by by force of or arms Is iti wrong While the payment of p public deb debts s fn their entirety is binding on a nation yet et no stale tato should bo ho deprived by uy force forc ot of tho the right to I choose the thc marin manner rand of payment In which it has lias f as much interest a as the creditor himself This argument naturally natural appeals to tho governments o of South America and thc they are aro anxious to have o it adopted by the peace conference thus enabling them to be bc freed treed from the thc only fear of or war with foreign forein countries the Monroe doctrine has hns left leCt to them I Whatever hato may be ue thought of the Drago doctrine ItIs It ItIs itis Is useless to hope that It will s ever er be adopted by the creditor nations of or Europe who aro are interested In South American finances The They have O loaned mone money to South America and they would look upon tho Drago doctrine as an excuse to deter defer payment Indefinitely But as ns a a. matter mailer of or fact the doctrine is not needed b by South American states which are arc and will ivill be bo suf- suf n protected b by the Monroe doctrine |