And now, having briefly summed up the steps of progress of the United States, I may close with some consideration of the problem which we confront in our new position as the Greater Republic, the lord of islands spread widely over the seas. Down to the year 1898 this country held a position of isolation, so far as its political interests were concerned. Although the sails of its merchant ships whitened every sea and its commerce extended to all lands, its boundaries were confined to the North American continent, its political activities largely to American interests. Jealous of any intrusion by foreign nations upon this hemisphere, it warned them off, while still in its feeble youth, by the stern words of the Monroe doctrine, and has since shown France and England, by decisive measures, that this doctrine is more than an empty form of words. Such was our position at the beginning of 1898. At the opening of 1899 we had entered into new relations with the world. The conclusion of the war with Spain had left in our hands the island of Porto Rico in the West Indies and the great group of the Philippines in the waters of Asia, while the Hawaiian Islands had became ours by peaceful annexation. What shall we do with them? is the question that follows. We have taken hold of them in a way in which it is impossible, without defeat and disgrace, to let go. Whatever the ethics of the question, the Philippine problem has assumed a shape which admits of but one solution. These islands will inevitably become ours, to hold, to develop, to control, and to give their people an opportunity to attain civilization, prosperity, and political manumission which they have never yet possessed. That they will be a material benefit to us is doubtful. That they will give us a new position among the nations of the earth is beyond doubt. We have entered formally into that Eastern question which in the years to come promises to be the leading question before the world, and which can no longer be settled by the nations of Europe as an affair of their own, with which the United States has no concern. This new position taken by the United States promises to be succeeded by new alliances, a grand union of the Anglo-Saxon peoples, which will give them a dominant position among the powers of the world. In truth, it may not cease with the union of the Anglo-Saxons. The ambition and vast designs of Russia are forcing the other nations to combine for protection, and a close alliance of all the Teutonic peoples is possible, combined to resist the Slavic outgrowth, and eventually perhaps to place the destinies of the world in the hands of these two great races, the Teutonic and the Slavic.