Here is a most serious journalistic problem, upon which I have already begun to work seriously with some of the editors of the better London papers.

But it is more than a journalistic problem.

It becomes political.

To eradicate this impression will take years of well-planned work.

I am going to make this the subject of one of the dozen addresses that I must deliver during the next six months--"The United States as an Example of Honest and Honourable Government." And everywhere--in circles the most friendly to us, and the best informed--I receive commiseration because of the dishonourable attitude of our Government about the Panama Canal tolls.