Militarist and narrow nationalist groups in every country flood the press with propaganda breathing fear or hate. A new race in armaments has started. Our Monroe Doctrine, in view of the growing importance of the immigration question, contains dangerous possibilities insofar as it may be regarded as a commitment to go to war for Latin-American policies.

Taken in conjunction with certain acts of aggression on our part and with the utterances of our jingoes, which are reprinted from the Rio Grande to Cape Horn, it injects poison constantly into our relations with Latin America, so that our military guarantee of two continents brings us no gratitude but only suspicion from our grown-up and unwilling wards. The Dawes Plan is a fleeting ray of sunshine in a dark and ominous sky. We are not drifting into permanent peace.

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