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Show 'TAFT TELLS OF TREATIES Denounces "Muckraking" "Muckrak-ing" Journals in His Sacramento Speech Sacramento, Cal., Oct. 13. President Presi-dent Tnft's first important speech in California was delivered here today from the steps of the state c?pltol building The president spoke in behalf be-half of proposed treaties with Nicaragua Nicara-gua and Honduras and vigorously do-fended do-fended the policy of the administration, administra-tion, which he said "muckraking journals" have labelled "dollar diplomacy." diplo-macy." Broadly speaking, president Taft said the proposed trestles with these two countries now before the senate who would settle their . existing exist-ing debts on a Just basis and who would point the road to peace and prosper! t to two republics, rich In natural resources but torn by strife and revolution. The President pointed out tho efficacy ef-ficacy of a similar arrangoment with Santo Domingo, where this government govern-ment collects the customs and sees that foreign debts are paid, exercising a beneficent supervision that Mr. Taft said has accrued to the upbuilding upbuild-ing of Santo Domingo Objection to the treaties In the United Uni-ted States senate, the Prosldont said, was based largely on tho proposition that they would make entangling alliances al-liances with republics in this heml-phere heml-phere for the promotion of a banking contract since tho money for the payment pay-ment of the debts of the two republics repub-lics would be furnished by American Interests. Another objection discussed by tho President was that the Monroe doctrine doc-trine uas sufficient bond between the United States and the Latin-American countries. "It Is objected, that ths is 'dollar diplomacy'" said the President, "and that we ought to have none of it. Give a dog a bad .name and you know what follows. To call a "piece oT statecraft 'dollar diplomacy' it to Invoke In-voke the condemnation of tho muckraking muck-raking Journals, whose chief capital Is In the use of phrases of a lurid character The United States did not enter into this treaty for the promotion pro-motion of Its own banking business or that of any of ltB citizens. It was thought advisable to favor a contract with American bankers rather than with foreign bankers hocause such a contract would tend to keop trade with America. This Is the correct object and purpose of diplomatic negotiation ne-gotiation " Taft Commonts on Himself Marysvillo. Cal., Oct 13 President Taft came Into California today but, In spite of the early hour at which his train crossed the Oregon line. Governor Hiram W. Johnson and his gold-laced staff were waiting to extend ex-tend a formal welcome. Mr. Taft made his first speech of tho day at Chlco to several thousand persons At Chlco, and at several other little towns where tho train slowed up. suffragettes -were In tho front rank, but the President did not refer to tho subject of women suffrage. suf-frage. At Dlggs, Mr. Taft looked over the landscape and, turning to a man near the car platform, Inquired: 'Are you contented?" "Yes, even with our President," said the spectator "Well. ' replied tho President. "I think Aou're easily pleased." |