To-day I wish to speak to you on one feature of our national foreign policy and one feature of our national domestic policy. The Monroe Doctrine is not a part of international law. But it is the fundamental feature of our entire foreign policy so far as the Western Hemisphere is concerned, and it has more and more been meeting with recognition abroad. The reason why it is meeting with this recognition is because we have not allowed it to become fossilized, but have adapted our construction of it to meet the growing, changing needs of this hemisphere. Fossilization, of course, means death, whether to an individual, a government, or a doctrine. It is out of the question to claim a right and yet shirk the responsibility for exercising that right. When we announce a policy such as the Monroe Doctrine we thereby commit ourselves to accepting the consequences of the policy, and these consequences from time to time alter.