Last Saturday the United States Senate adopted Senator Lodge's resolution
"warning off" foreign corporations from acquiring control over places on the American Continent which might be used as naval or military bases by foreign Govern. ments. Suppose a case. Let us imagine that a Japanese or German company established a trading depot in Mexico and proceeded to build docks and lay down plant capable of repair- ing men-of-war and perhaps even of turning out small arms. Such things as arms and ammunition are frequently required by trading companies, and it might be said that the means of producing them was the proper concern of any well-equipped trading company. Yet such a depot would be almost as valuable to a foreign Government as though that Government had itself violated the plain and admitted meaning of the Monroe Doctrine, and had deliberately planted its foot on the American Continent.
Previous page
