El Paso herald. (El Paso, Tex.) 1901-1931, 1911-02-13
Pan-American Conference To Discuss
Trade OF the Western Hemisphere
AsTetory Wonderful Fertility That Awaiting Proper
Development.

Gus special Latin American representa-
tiTes are present, including many pusf-
ness men, Consular officials both OF
this country in Latin America and of
Latin American countries in the United
States are among those present In
all, upward of 500 delegates are at the
meeting. President Taft, secretary of
state Knox, representative Champ
Clark, president Farrell of the United
States steel corporation, and prominent
Latin American diplomatic representa-
tives speak on the opening day The
first days program is formal, but after
that the time will be taken up with IN
formal discussion and conference over
topics Of moment to any movement for
trade expansion. Among the subjects
talked about will be credits trade
marks. tariff regulations, banking IA
cilities, packing, advertising, cataIogs.
freight rates, steamship routes and
laws governing statesmen and samples.
Information for Everybody.
1t Is the purpose to have such ques-
tions discussed and expounded by the
best export and import trade experts.
officials and private. and by diplomatic
and consular officers as well. The
manufacturer the importer and the ex-
porter alike will be able to CLEAN va1u-
able information. Specialists have been
invited from colleges and schools, which
have special commercial courses In
Guiding foreign trade The conference
is not concerning Itself alone with ex-
port trade OF the United States to Latin
America 1t will consider exchange Of
trade between the different countries
and imports as well as exports In the
past. in such meetings and discussions
as have been held, too much emphasis
has been laid on the building up Of the
export trade Of the United States 70
Latin American countries. This has
caused some resentment in Latin Amer
lea, some feeling that the only object
Americans have there is exploitation
for their own benefit The Pan-Ameri-
can union has seen the wisdom of o.
waiting any such idea and the confer
ence will direct it's attention alike TO
what this country can sell the southern
republics and what they in turn can
sell the United States.
When the Spaniards Came.
Nearly four centuries ago the snan-
lard first set foot on Latin America
Most Of the time since then, the eye of
that part of the western world lying 10
the south Of the Rio Grande has been
turned. not nOrthward but eastward.
toward Europe. This has been so. not
alone because Of certain ties OF race
and blood but because of the accessi-
h4itty OF mucn or Latin America to the
great European ports. 1t Is easy to
reach Europe from such South Amerf-
can ports as Rio and Bahia and Buenos
Aires Immense quantities or Euro
pean capital have found investment IN
Latin America, while American capital.
concerned first of all with the develop
ment of this country, has been largely
employed at home.
1t is but latterly that American capt.
tai has been stretching out its hand
for fields other than its own to con-
quer. And it is making wonderful
Roadway. American investments In
Mexico are piling up close to the billion
dollar mark. American capital is pour-
ing into the West Indies And Amcri-
can capital is giving more and more at
tention to the South American coun-
tries. Argentina for instance, IS Of
ferinS an inviting field of Investment
for American packing interests. No
man can reckon the possibilities OF
Latin American development in the
next generation. The great Amazon
valley alone with its rich soil and its
only half-knoWn resources. is capable
Of feeding and supporting the popula-
ton OF an empire
United States Trade.
The figures OF the growth of trade
between the United States and Latin
America read like a romance of stalls