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I wish to call your especial attention to the recent occurrences in Nicaragua, for I believe the terrible events recorded there during the revolution of the past summer-the useless loss of life, the devastation of property, the bombardment of defenseless cities, the killing and wounding of women and children, the torturing of noncombatants to exact contributions, and the suffering of thousands of human beings-might have been averted had the Department of State, through approval of the loan convention by the Senate, been permitted to carry out its now well-developed policy of encouraging the extending of financial aid to weak Central American States with the primary objects of avoiding just such revolutions by assisting those Republics to rehabilitate their finances, to establish their currency on a stable basis, to remove the customhouses from the danger of revolutions by arranging for their secure administration, and to establish reliable banks.

For the purpose of providing for the service of the loan a collection office known as the "caisse de la regie," or simply "regie," under the management of Westendorp, took charge of the customhouses with the obligation of paying a certain amount to the government monthly and devoting the remainder to payment of interest and sinking fund of the loans.

They're afraid of the border an' they're afraid of the customhouses, so they runs the loot down here in an automobile, hides it up about the Inlet, and plans to go out with it to one of them fruit steamers passing on the way to Tampico. They'd have them plates bundled up in a sailor's chest most like. "'Now, Governor, you'd say why ain't they already done it?

Already we begin to hear from abroad and from our customhouses that the prohibitory effect upon importations imputed to the act is not justified. The imports at the port of New York for the first three weeks of November were nearly 8 per cent greater than for the same period in 1889 and 29 per cent greater than in the same period of 1888.

Hence the United States has been glad to encourage and support American bankers who were willing to lend a helping hand to the financial rehabilitation of such countries because this financial rehabilitation and the protection of their customhouses from being the prey of would be dictators would remove at one stroke the menace of foreign creditors and the menace of revolutionary disorder.

In pursuance of the treaty relations of the United States with the Dominican Republic, which were threatened by the necessity of suspending the operation under American administration of the customhouses on the Haitian frontier, it was found necessary to dispatch special commissioners to the island to reestablish the customhouses and with a guard sufficient to insure needed protection to the customs administration.

I wish to call your especial attention to the recent occurrences in Nicaragua, for I believe the terrible events recorded there during the revolution of the past summer-the useless loss of life, the devastation of property, the bombardment of defenseless cities, the killing and wounding of women and children, the torturing of noncombatants to exact contributions, and the suffering of thousands of human beings-might have been averted had the Department of State, through approval of the loan convention by the Senate, been permitted to carry out its now well-developed policy of encouraging the extending of financial aid to weak Central American States with the primary objects of avoiding just such revolutions by assisting those Republics to rehabilitate their finances, to establish their currency on a stable basis, to remove the customhouses from the danger of revolutions by arranging for their secure administration, and to establish reliable banks.

The truth is that the stubborn spirit which the arms of the Plantagenets and Tudors had been unable to subdue had begun to yield to a very different kind of force. Customhouses and tariffs were rapidly doing what the carnage of Falkirk and Halidon, of Flodden and of Pinkie, had failed to do. Scotland had some experience of the effects of an union.

The only report was progress in linking things up; not only along the Canadian and Mexican borders and the customhouses, but we had also done a further unusual thing, we had an agent on every ship going out of America to follow through to the foreign port and look out for anything picked up on the way. "It was a plan I had set at immediately the robbery was discovered.

A certificate to this effect, besides the official documents from the many consulates, health offices, and customhouses, will seem to many superfluous; but this story of the voyage may find its way into hands unfamiliar with the business of these offices and of their ways of seeing that a vessel's papers, and, above all, her bills of health, are in order.