The Daily News. WEDNESDAY, JANUARY 20, 1904. THE MAKING OF "REVOLUTION'S."

Taranaki Daily News, Volume XLVI, Issue 16, 20 January 1904, Page 2

The Daily News. WEDNESDAY, JANUARY 20, 1904. THE MAKING OF "REVOLUTION'S."

An interesting sidelight on American revolutionary mothods is furnished in our cable news this morning. The New York World, n journal of .standing, makes chiii-Bes of u grave fli«racter concerning the organisation of the recent " revolution" in I'ana'nn. It is reported that the financial support of the i-ohels came from stockbrokers of New York, and l'uris, engaged in characteristic monetary gambling operations. The big- money kings of the old and new worlds stop at no risks when there is a clianoc of making big prolits. Whether the means employed he strictly in accord with the generally accepted tenets of commercial and moral probity is a matter of circumstance, and—to thfin—of little moment. Even Governments may not escape the blighting influence of the greed of gain. This is hinted at in the present case, as the W„rl<l indicates that the Government of the United States was- awnro of the circumstances underlying thi' "revolution " when it "aided the movement." Jly that, it would appear, is meant the recognition of the insurgent Government of I'iuiaiiia as an independent I'ower— (he people having risen at tlw beginning of November in revolt against the. Colombian Government and proclaimed their indepen'dencc. The origin of the revolt and the source from which it received support remained unknown ; but now, apparently, light is to be thrown on the subject. The treaty, which was signed at Washington a c'ortui'iight after the revoltj in spite of the protests of tlu> President of Colombia, consents cm behalf, of the Government of Panama,

to cede to the Cnileil Stales the right of completing' the lYiiunna Canal. Two millions sterling w a s tho sum to be pnid to J'nnnnia on the ratification of the treaty, anil this was to be followed by an annual subsidy of lil't.v thousand pounds, and tho (anal was tn be neutralised, but under the protect ion of the American Government. Commenting on this, a writer in the Nineteenth Century says :—" It is " not easy for an Englishman to " say all that he thinks about this " very ' smni'l ' performance on the " part of the Cabinet nt Wushing- " ton. The reputation justly enjoy■'id by Jlr Hay absolutely forbids " t.'ie suspicion of any treacherous '• iteiil'iivs on pattt ,of liic great " (iovernnient at Washington with " the little Cluvernmenf of CoUmi- " Ida." Rul, he goes on, if everything has been fair and aiUov* hoard in the transactions connected with this incident, then, indeed, lias the luck of the I'uiUul States been extraordinary. The (Jordian knot of tho canal ipiest/iou lias been cut, and America, Uie accident of m little insurrection nt Panama, has got all that, she ever wanted at a cost which is but a llea-biLe in comparison with the object secured, i Whether the Government of the I'nited States was in collusion', as is alleged, with the financial promoters of this "little war," ami what bearing tile Jailer may luue had on the canal tivaty, are matteis which may form the subject of much more ' speculation. The authorities at Washington will not. for their own credit, allow the accusations to go unchallenged, and further revelations will be awaited with interest, Meanwhile, to say the least, the world has had a. new and striking example of the methods of the new diplomacy.