\( \begin{array}{l}\text { There is no reason whatever why we cannot administer the Philippines in a manner } \\ \text { satisfactory to their people as well as to ourselves.... They are near the center of } \\ \text { the great lines of commerce from the East to the West.... The whole world sees in } \\ \text { China a splendid market for our native products-our timber, our locomotives, our } \\ \text { rails, our coal oil, ... and numberless other articles... The Philippines are a } \\ \text { foothold for us in the Far East. Their possession gives us standing and influence. } \\ \text { It gives us also valuable trade both in exports and imports. } \\ \text {-Charles Denby, "Shall We Keep the Philippines?" in Forum, November } 1898\end{array} \) Which of these actions is best supported by the excerpt? returning control of the Philippines to Spain granting independence to the people of the Philippines holding on to the Philippines as an American possession handing the Philippines over to another European power. Clear my selection
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The excerpt clearly supports the idea of holding on to the Philippines as an American possession. Charles Denby's argument emphasizes the strategic and economic benefits of maintaining control over the islands, highlighting their importance as a foothold in the Far East and a gateway to lucrative trade opportunities, particularly with China. Additionally, historical context reveals that in the late 19th century, the U.S. was increasingly interested in expanding its influence in Asia. The acquisition of the Philippines was seen as a key move in establishing America's presence in international markets and asserting itself as a global power, shaping foreign policy for years to come.