History of the United States . he weaker Latin-American states, and theimposition upon them of a provision like the Platt Amendment, by whichCuba has bound herself not to contract any foreign debt without the consentof the United States, the payment of which cannot be provided for by theordinary revenues of the island!—John Holladay Latane, in America as aWorld Power. 370 FROM SPANISH WAR TO PRESENT TIME periods of financial and business depression in 1903 and again in1907, it never went into a political combat with better prospectsof success.^ This was due largely to President Roosevelts pers
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History of the United States . he weaker Latin-American states, and theimposition upon them of a provision like the Platt Amendment, by whichCuba has bound herself not to contract any foreign debt without the consentof the United States, the payment of which cannot be provided for by theordinary revenues of the island!—John Holladay Latane, in America as aWorld Power. 370 FROM SPANISH WAR TO PRESENT TIME periods of financial and business depression in 1903 and again in1907, it never went into a political combat with better prospectsof success.^ This was due largely to President Roosevelts personalpopularity and the wide endorsement of his policies. When, therefore, the Republican convention nominated William H. Taftof Ohio, approved by Roosevelt, the latters followers gave thenominee their hearty support. For Vice-President the Repub-licans nominated James S. Sherman of New York. The Demo-crats, advocating a policy of tariff reform and trust regulation, for the third time nominated William Jennings Bryan, with John. A MODERN BATTLESHIP OP THE TTNITED STATES NAVY This vessel is planned to excel the displacement of the Oregon, of Spanish war fame, by20, 000 tons. The Oregon carried four 13-inch guns in its main battery; this ship supports abattery of twelve 14-inch guns, of sufficicint force and weight of metal to sink a squadron ofOregons. At the time of the laying of the keel of this super-dreadnaught, the plans calledfor the greatest battleship aBoat or that was in process of construction by anj^ nation. Atthe Brooklyn Navy Yard she is known as No. 39. W. Kern of Indiana as their candidate for Vice-President. Theconfidence of the Republicans was justified in the result of theelections, and Taft and Sherman received 321 electoral votes to162 for Bryan and Kern.^° ^ Having recovered from a collapse previous to the war with Spain, inflation and capitalization on a gigantic scale set in and did not run theircourse until a debacle in 1907.—Charles A. Beard, Contemporar