Pres’t Roosevelt Announces Policy

     Buffalo, Sept. 16.—President Roosevelt has outlined in some detail the policy he will follow during his incumbency of office. It will be remembered that when he took the oath of office he stated with much definiteness:

     It shall be my aim to continue absolutely unbroken the policy of President McKinley for the peace (and he emphasized that word), prosperity and honor of the country.

     Yesterday the president gathered together some personal friends in Buffalo and those cabinet members as were here and gave to them such ideas as he has already formulated for the conduct of public affairs and his own policy. In no sense are they divergent from what has been the policy of Mr. McKinley. His policy as outlined to his friends at yesterday’s conference will be:

     For a more liberal and extensive reciprocity in the purchase and sale of commodities, so that the overproduction of this country can be satisfactorily disposed of by fair and equitable arrangements with foreign countries.
     The abolition entirely of commercial war with other countries and the adoption of reciprocity treaties.
     The abolition of such tariffs on foreign goods as are no longer needed, for revenue, if such abolition can be had without harm to our industries and labor.
     Direct commercial lines should be established between the eastern coast of the United States and the ports in South America and the Pacific coast ports of Mexico, Central America and South America.
     The encouragement of the merchant marine and the building of ships which shall carry the American flag and be owned and controlled by Americans and American capital.
     The building and completion as soon as possible of the isthmian canal so as to give direct water communication with the coasts of Central America, South America and Mexico.
     The construction of a cable, owned by the government, connecting our mainland with our foreign possessions, notably Hawaii and the Philippines.
     The use of conciliatory methods of arbitration in all disputes with foreign nations, so as to avoid armed strife.
     The protection of the savings of the people in banks and in other forms of investments by the preservation of the commercial prosperity of the country and the placing in positions of trust men of only the highest integrity.