New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-17
Ais Hostility to Foreign Busi-
ness Projects in Which Amer
leans Are Interested
Causing Alarm.
FELT IN LATIN AMERICA
Capitalists Who Invested in
Foreign Enterprises in Good
Faith Under a Protective
Administration Object
to Reputation.
lFrom The Tribune Bureau ]

lFT0m The Tribune Burcau.l
Washington, April 16.-How gravely
are American interests abroad to suf-
fer as the result Of Secretary Bryan's
administration of the Department of
state? Has the American citizen any
rights whatever outside his own coun
trv which the government should pro-
tect?
These questions are ocCasioning grave
anxiety to those Americans who. un-
able 10 foresee the coming of the Little
America policy of the State Depart
ment. have invested capital in foreign
countries There is an unsettled. feel
ing in the commercial world. due 10 ap-
parent hostility of Secretary Bryan
toward any foreign business project in
which American financiers are inter-
ested. and as a consequence trade rela-
tions between the United States and
other countries are seriously threat
ened.
Under the Taft administration en-
couragement was given to Americans
TO develop the natural resources of the
Latin-American countries. for the mu-
tual benefit of those countries and the
United States. AS a result there has
been Unprecedented prosperity. and at
the same time American interests have
been protected; but Secretary Bryan
disapproval of these enterprises threat
ems to result in grave loss 10 American
investors and to reduce the countries
concerned TO a condition in which they
will be unable TO secure necessary
financial aid TO maintain their CONNER
cial progress.
One Case in Point.
One instance of Secretary Bryan 5
policy toward American interests IN
Latin America has come forcibly TO the
attention of the President and has
caused the Nebraskan not little en-
barrassment. This was his attempt 10
recall Henry James who was delegated
by President Taft last November to
act as one of the arbitrators in claim
dispute between the government of
Ecuador and the Guayaquil d quito
Railway Company. an American cor
poration. in accordance with the pro-
visions Of a contract between the dis
putants.
Encouraged by the apparent un-
friendliness Of Mr.. Bryan to American
financial interests abroad. the Ecuador
government submitted to the Secretary
statements regarding the dispute over
the claims. which were for transporta-
ton and damages resulting from the
revolutions in that country since l9'~.
with the result that Secretary Bryan
promptly decided that the railroad
company should not be aided in any
way by The department in its efforts
TO collect the claims. Accordingly, he
induced President Wilson TO authorize
the recall Of Mr.. James, and the latter
was ordered back TO Washington.
By a strange coincidence a capitalist
who is interested in the railroad called
at the White House soon after Mr..
James was recalled TO pay his respects
10 President Wilson. In their friendly
chat the President inquired about mis-
callers business. not knowing that hs
was one Of the heaviest stockholders j.,
the Guayaquil & Quito Railway Com
pany.
The Presidents friend replied that
his railroad in Ecuador had been hav-
ment in connection with the collection
Continued on second page. fifth column