Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-02-14
American Republics was a great per-
Torrance. The selection Of John Bar
rett as director general of that union

American Republics was great per-
Torrance. The selection Of John Bar
rett as director general of that union
was another great performance. I take
a good deal of stock in Barrett. The
change in the name from the Bureau OF
American Republics to the Pan-American
Union was q fortunate incident.
When l was a boy, back in the hill
country of Kentucky, l knew an old
rough-and-ready country doctor who said
that the most sensitive nerve IN the
human anatomy is the nerve leauing TO
the pocketbook. And l believe that Is
true. / believe a vast amount of good
comes out of this bureau and it's Efforts
TO get together closer commercially. and
every movement of this kind is for the
that this union and The Hague peace
tribune will finally put an end to war
among civilized nations. and that Is
another thing most worthy of striving
for
Mr. Barrett announced the roll of those
present as follows: Representatives of
twelve commercial clubs, twenty-five
chambers of commerce, thirty-two boards
of trade and forty-twO other trade bod
les; members of 531 importing or export
ing manufacturing firms; in all, Oh dele
gates.
At the request of President Taft, who
was down for the first set speech of the
afternoon, the other speakers were called
upon first.
Secretary of State Knox. who is chair
man of the governing board Of the Pan
American Union, was the first speaker to
be introduced by Mr.. Barrett. Mr. Knox
said, i'll part:
Lacking in knowledge.
LET me candidly confess that in the
past we have been too ignorant of our
southern neighbors, their vast undevei-
oped resources and the measures they
have been taking to open themselves to
the world.
1.-The moral forces of commerce, the pa
cific influence of trade, should be the
foundation of the commercial policy OF
the representatives of the western hemi-
sphere. The energies of production and
consumption cannot better be conserved
than on such basis. The diplomacy of
commerce cannot better be employed than
in fertilizing and making productive the
aspirations that within the last quarter Of
a century have terminated.
We are interested in lettering the
steamship communication. We believe in
the era of railroad construction which
has set in and which is bearing such
abundant fruits, and especially in that
great intercontinental project. with its
enormous possibilities or good, the Pan
American railway. We believe, of course
in the Panama canal, both COM
believe in the future development of
those vast treasure beds of the Andes
the mines, and we hope to see much more
of il done by our own capital We be-
lieye in an International bank, which will
keep the commercial currents flowing In
their proper direction. We believe in all
these projects and we believe that the
countries which have these resources to
develop should be aided by capital from
the United States and the United States
should reap the legitimate fruits of such
enterprise.
Superior Goods Demanded.
James A. Farrell, the new president OF
the United States Steel Corporation. said:
The improvement which is constantly
taking place in the quality and character
of American manufactures is one OF the
reasons why our trade is constantly in
creasing 1t is a fallacy to believe that
quality does not count and that South
America wants cheap goods.
Mr.. Farrell then defended American eX-
port methods as equal to, and in many
cases superior TO, the methods OF Euro
pean manufacturing countries. He de-
clared with reference to the criticism that
americans do not extend their credit re-
lations in export trade that wherever
there is basis for credit American man
ufacturers will he found as ready to grant
-