The Montgomery advertiser., 1901-12-10
NO SUBSIDIZED BANK
UNITED STATES CANNOT AC- CEPT SUCH A PROPOSITION.
Pan-American Congress is Making Very Slow Progress-A Resolu- ton to Endorse Philadelphia
 Commercial Museum.

Mexico City, Dec. 9.-At this morn- ings session of the International Amer ican Conference the delegates of Nica- ragua, Honduras, Costa Rica, Ecuador, Guatemala and Salvador presented mo- ton to the effect that the President of the conference be empowered to send message to the President. Director Gen. eral, Directors and employees of the Buff falo Pan-American Exposition and to the
 people of Buffalo in general, congratu- lating them on the Exposttions success.
 The motion was referred to the Com
 mittee on Federal Welfare.
 convention with respect to the exercise
 of liberal professions was taken up for
 discussion, Volney W. Foster, of the
 United States delegation, offered res-
 the colleges and universities of the
 United States are not under the patron
 age of the National Government, ana
 in that respect differ in status from
 delegation would earnestly recommend to
 the several States of the United States
 that they should respect ana recognize
 the diplomas of the learned professions and at the same time urge the Latin American republics to empower the proper authorities for the appointment | of special commissioners to consider ana
  | sented by American citizens with view | to obtaining license to practice. The | resolution was referred to committee. The amendments having been present. l ed discussion was suspended and the proposal for a Pan-American Bank was | taken up The report of the Committee
 was read rejecting the amendment oi Chile, which was that the nations in- terested give the bank an annual SUD- | sidy of $10O,0 gold for five years. Auguste Matte of Chile, then present.
 ed another amendment, as follows
 "That there be established in New xorK | or some other important center, oank l of the charactel in question, ana that | the said bank be aided by all the re- | publics of America in every form com patible with their internal Legislation | a limited period, os of exemption from
 taaxtion. or ir any other manner con- | sidered expedient."
 In supporting this amendment, MT. Matte alluded to the slow progress or the | work of the conference, and said that 1T | the diversity of legislation or the couh. | tries represented was to be consloereo | an obstacle to the approval Of recon- ! all would be adopted. He did not set | any objection to the deception or recom- | mendations even when contrary to tns s
 legislation of some countries. lnasHucL | as such recommendations were suDJecl | to the subsequent approval of the nations | represented. He added that If the pro posed Pan-American railway was 10 pc | subsidized he could see no reason Why
 the Pan-American bank should not also | be subsidized.
 Pablo Macedo of Mexico explained that | the legislative difficulties in this matter | were organic and not merely accioen' | tai He said that Senator Davis had as
 sured him that the United States wouiu never countenance a state-aided bank; !! | seemed to him. therefore, unwise to adop' l recommendations which they knew pc forehand were certain to be rejected. Ths | vote on ---e report was deferred.
 This morning c. M. Pepper. on behali | of the United States delegation, J. $ | Calveo on behalf of the Costa Rican del egation, presented to the conference the | following resolution:
 | Resolved, That this international con | ference of the American republics hereby | endorses the Philadelphia commercial l museum as an institution worthy of th | support and cooperation of every Amer | ican republic; that we urge upon all the | governments here represented to tax | measures for the early completion ant | renewal of their collection of natural re. | sources exhibited at the museum; tha | wo recommend to every government thai | the museum be made a depository for al | its official documents and specification | for public works and contracts and al | general information tending to further 1 trade intercourse"