The doctrine promulgated by President Monroe has been adhered to by
all political parties, and I now deem it proper to assert the equally
important principle that hereafter no territory on this continent shall
be regarded as subject of transfer to a European power.

The Government of San Domingo has voluntarily sought this annexation.
It is a weak power, numbering probably less than 120,000 souls, and yet
possessing one of the richest territories under the sun, capable of
supporting a population of 10,000,000 people in luxury. The people of
San Domingo are not capable of maintaining themselves in their present
condition, and must look for outside support.

They yearn for the protection of our free institutions and laws, our
progress and civilization. Shall we refuse them?

I have information which I believe reliable that a European power stands
ready now to offer $2,000,000 for the possession of Samana Bay alone.
If refused by us, with what grace can we prevent a foreign power from
attempting to secure the prize?

The acquisition of San Domingo is desirable because of its geographical
position. It commands the entrance to the Caribbean Sea and the Isthmus
transit of commerce. It possesses the richest soil, best and most
capacious harbors, most salubrious climate, and the most valuable
products of the forests, mine, and soil of any of the West India
Islands. Its possession by us will in a few years build up a coastwise
commerce of immense magnitude, which will go far toward restoring to us
our lost merchant marine. It will give to us those articles which we
consume so largely and do not produce, thus equalizing our exports and
imports.