The study of the Monroe Doctrine, as it is interpreted today, with its corollaries and modifications, is of peculiar interest to the naval service, particularly that branch represented by the Marine Corps.
The original doctrine was a magnificent act of statesmanship intended to meet a specific object. Its spirit, rightly interpreted, is as applicable today as it was in the beginning. It was a warning to the powers of the old world that we would brook no attempt to establish on our hemisphere their systems of political philosophy—such we regarded as dangerous to the security of the United States. But the doctrine in no sense abridged the right of independent states on the American continent to pursue their own careers. These they were free to follow without fear of intervention by any state. We stood ready then to fight for that principle.