The age-herald., 1901-12-10
PAN-AMERICANS
 DISCUSS BANKING ChiIi'S Subsidy Amendment is Adversely Reported SLOW WORK OF CONGRESS MT. Matte Does Not See Why Bank Cannot Be Subsidized If Rail-
 road Can 5e-Endorse
 Museum.
SLOW WORK OF CONGRESS

Mexico City, December 9.-At this mornings session of the international conference the delegates of Nicaragua, Honduras, Costa Rica, Ecuador, Guate- mala and Salvador presented a motion to the effect that the president of the con- ference be empowered to send a message to the president director general direc- tors and employees of the Buffalo Pan American exposition and to the people of Buffalo in general, congratulating them on the exposiuon's success. The motion was referred to the committee on federal welfare.
 When the first article of the proposed convention with respect to the exercise 1 of liberal professions was taken up for discussion, volney W. Foster of the United States delegation offered a reso- lution to the effect that inasmuch as the colleges and universities of the United States are not under the patronage of the national government, and in that respect differ in status from those of Latin-America, the American delegation would earnestly recommend to the sev- eral States of the United States that they should respect and recognize the diplomas of the learned professions of the national colleges of Latin America, and as the same time urge the Latin American re- publics to empower the proper authori- ties for the appointment of special com missioners to consider and decide upon professional credentials presented by American citizens with view of obtain ing license to practice. The resolution was referred to committee.
 Discuss Proposed Bank. These amendments having been pre- scented, discussion was suspended and the proposal for a Pan-American bank was taken up. The report of the com mittee was read rejecting the amendment l of Chilli, which was that the nations interested give the bank an annual sub sidy of $10OO,00O gold for five years. | Auguste Matte of Chili then presented 1 another am mendment as follows: That there be established in New | York or some other important commercial center a bank of the character in ques- tion, and that the said bank be aided l by all the republics of America in every form compatible with their internal egis- lation either by way of annual subsidies
 
 taxation or in any other matter con- sidered expedient."
 In supporting this amendment MT. Mat te alluded to the slow progress of the work of the conference, and said that if the diversity of legislation of the coun- tries represented was to be considered, an obstacle to the approval of recommends tions,s then no recommendations at all would be adopted. He did not see any | nhiPofiOn fn ha of even when contrary to the legislation of some countries inasmuch as such recom- mendations were subject to subsequent approval of the nations represented. He added that if the proposed Pan-American railway was to be subsidized he could see no reason why the Pan-American bank should not also be subsidized.
 An Unwlse Plan.
 Pablo Macedo of Mexico explained that the legislative difficulties in this matter were organic, and not merely accidental. He said that Senator Davis had assured him that the United States would never countenance state-aided bank, 1t seemed to him, therefore unwise to adopt recommendations which they knew be- fore hand were certain to be rejected by one or more of the nations represent ed. The vote on the report of the committee was deferred and the session then closed.
 This morning c. M. Pepper. on behalf of the United States delegation, and J. B. Calveo, on behalf of the Costa Rican delegation, presented to the international American conference' the following reso- | lution:
 Resolved, That this conference hereby indorses the Philadelphia Commercial Museum as an institution worthy of the support and cooperation of every Amer | ican republic that we 1lrRa 11non all tho governments here represented to take measures for the early completion and re- newal of their collection of natural re- sources at the museum; that we recon mend to every government that the museum be made depository for all it's official documents and specifications for public works and contracts, and for all general information tending to further | trade intercourse.