Those who remember the Venezuela incident of 1902 will recall that the German and British fleets thought it necessary to discipline President Castro. Germany, early in the proceedings, gave evidence that she intended to seize a point in Venezuelan territory and hold it in order to control the approach to the Isthmian Canal. The watchful Roosevelt perceived this scheme, sounded out England and found that she had no stomach for the alliance with Wilhelm’s fleet, and would refuse to help Germany to fight America if a quarrel arose over Germany’s grasping policy. Thereupon Roosevelt sent Dewey to the Caribbean Sea for fleet maneuvers and sent word to Germany through her Ambassador that if Germany did not agree to arbitrate within ten days he would instruct Dewey to resist her taking possession of a foot of Venezuelan soil. This meant war, and the President knew it, but he held resolutely to his purpose. The ten days dwindled to two days, but no agreement had come from Germany. Six more fateful hours passed. Then Germany agreed to arbitrate. Thus ended a disagreeable diplomatic episode that foreshadowed the acts of the present Germany, but which revealed that the American spirit was more than a match for that of the Hun. The act that won for Roosevelt the enduring title of “the Great Peacemaker” came during the Russo-Japanese War. When, in February, 1904, war was declared between Japan and Russia, Roosevelt showed his deep concern in the matter by ordering his great Secretary of State, John Hay, to send forth the famous Hay note, which asked the two combatants to respect the neutrality of China, lest there should be precipitated a still greater catastrophe. Both nations agreed to Roosevelt’s request. Then came Roosevelt’s nomination to succeed himself as President. He was elected by the greatest popular vote ever accorded a Presidential candidate. Grave domestic problems pressed upon him, but the Russo-Japanese War continued to occupy the uppermost place in his thoughts. The time of his entering upon a new term seemed to him the right moment to propose to Japan and Russia that they declare a truce and settle their difficulties in conference. Japan had already suffered terribly from the drain upon her men and resources. Even if she were victorious in the conflict the chances were that she would lose more than she would gain. The same was true of Russia. Roosevelt met with difficulty in getting the two powers to agree to a common meeting place. Each, however, finally agreed to send representatives to a conference at Portsmouth, N. H. Roosevelt received the two delegations at Oyster Bay on the U. S. S. Mayflower, and then had them conveyed by the Mayflower and another naval vessel from Oyster Bay to Portsmouth.