davidaulloa/AmericanStories huggingface dataset:
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1915-12-01

Th~ Weather Wear AEo To-day
Rain Temperature high as
low 1et Remember. Laxative ururuo
guiuine cures a cold Ia one day
Look for signature ~ r. W GROVE
gbc
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1915-12-01
Why Jeopardize Your
Health by Neglecting
Your Teeth?

Every day that you let teeth 80
that need attention you are taking
chances with your general health.
For the good reason that nothing
has more direct bearing on your a.
gestion than your teeth. and diges-
ton Is the very foundation Of good
health.
And II is most certainly not necesr-.
sary TO neglect teeth that need "a -
ing care Of We offer you, here. the
services OF the very highest class
dentistR--men who have graduated
from the best dental colleges and
who have passed the examination Of
tho state dental board as TO theft
knowledge and fitness TO practices
dentistry Every operator in this
office has his certificate from the
state dental board hanging right on
the wall in front Of his dental chair.
IN plain sight Of all. And our prices
are the loweEt-Rlways--a II Is our
invRriahle rule. from which we VIII
permit no deviation. that we will not
be underhid on price
We use the very best OF materials
here. and Furthermore, we give with
all work an ironciad guarantee OF
satisfaction. signed both by the op-
orator who did the work and by l.
ager OF the office, who Is thorough-
ly responsible
Wa have ono Of the largest and
most certainly the best equipped and
most up-to-date dental office in the
Northwest
thorough examination and estimate.
without any obligation whatever on
your part. You will he surprised 90
find how little "a viii cost to have
your teeth put into perfect condition.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1915-12-01
SCOTS CELEBRATE

Seattle Scots celebrated Tuesday
night at a ST. Andrews day banquet
given by the Californian society I'm
the College clubhouse. Mayor Gin
and several others spoke. The
Knlckerbocker quartet and soloists
sang Scotch songs
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1915-12-01

Rev. A. Z. Serns, Oil Park ave.
lain OF Monroe rerormatory. spoke
10 Christian Endeavorers at Univer-
sity Presbyterian church.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1915-12-01
For Good Looks

woman must have good
health. She can do her part
by helping nature 10 keep the
blood pure. the liver active and
the bowels regular, with the
aid OF the mild. vegetable
remedy
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1915-12-01

In the city Of Seville. Spain. the
night police are armed with long
spears. such as tho knights of old
used.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23

more or less make il their business to know
about them, and they require naturally enough.
that the ownership and the interest and man.
agement OF European properties in Latin
America shall have for it's reward the business
arising from the workings OF those properties
and from the proceeds of the loans that
Europe has made
In all this we have been outsiders, having
really cared very little TO look into the matter
with any general interest. and perhaps, prop
erly enough, having been more keenly concen-
trated on our own problems and on obtaining
the money necessary to handle those than upon
extending loans to our southern friends.
THE TURN OF EVENTS GIVES US AN
OTHER CHANCE.
This is now all changed. The South Ameri-
can countries are deprived both of the market
for their raw products and Of the means OF
credit. Some OF the sources of financial and
business supply are entirely cut off and access
TO others more or less deferred. They have
found themselves checked in their develop
ment. Their natural wealth is intact, but the
means for making it useful is gone. Under
these circumstances, naturally, they turn to
US, ana dppdI cIty we are ny inc COURSE OF
events better able to give this important mat
ter care than we have been heretofore. The
process of business liquidation that has been
going on in this country has resulted in enor-
nous savings. we'll up into the billions OF dol
lars Furthermore the current of our interna-
tional trade has so run that the balance therein
is much more largely in our favor than it ever
has been before Instead OF being, as we have
always been heretofore, indebted to Europe in
both funded and floating debt we owe Europe
much less than did in funded debt and owe
her nothing at all OF floating debt. Instead,
she owes US some hundreds OF millions on the
latter account.
Not only is this so, but the offsets that have
been usual in the shape Of travellers expenses
and the like are less than usual. Our hands
are more free, therefore. than they have ever
been. Out OF the coming Latin Amricsn finan-
cial conference. therefore it may be hoped that
the business men OF the two American CONT
nents may develop first that mutual acquaint-
ance and confidence which is the necessary
basis OF anything further; and. as a second
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23

amusing feature In the situation, moreover, IN the
fact that quantities Of men who few years ago
Maid no attention to my requests that they help
in the Pan-Amercan work are now climbing on
the band wagon and parading themselves as the
original Pan-Amercansl
A few wears ago the only interest in Latin
American matters was found among few persons
in the State Department Then it was almost i'm
possible to get the Department Of Commerce 70
give any serious attention to Latin America. Now
a new condition prevails, and not only the Depart
ment Of Commerce. the Department of Agrcult-
ure the Department of the Interior the Treas
urv. but all departments, in fact are eager to do
anything they can TO promote Pan-Amercan trade
and good understanding. In this connection
cannot congratulate too strongly Secretary Nc
Adoo for his practical interest in the situation,
as shown by his calling of the Pan-Amercan
financial conference, and hope that his expecta'
tions will be fully realized.
1t must be most gratifying, moreover, to Sen
ator Root-former Secretary of State and chair
man ex offcio Of the governing board Of the Pan
American Union-that the change In the attitude
of the Latin American countries toward the
United States, which received such splendid i'm
petus from his visit to South America in 1906,
has been strengthened by the attitude of Secre-
tary Bryan, who is himself an enthusiastic Pan
American, and who has given particular atten-
ton to his duties as chairman ex-officio Of this
governing board of the Pan-American Union'
which consists Of the Latin American ambassa-
doris and ministers and the Secretary of State OF
the United States
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23

quarters in Washington, all classes Of people In
the United States, from statesmen bankers,
editors, college professors. etc down to the aver
age man In the street, gaining a new under
standing Of Latin America ard of the progress OF
the countries and peoples Of that part OF the
Western Hemisphere. This is proved by the over
whelming demands made upon the Pan-American
Union for its publications and pamphlets de-
scriptive Of these countries and by the thou
sands Of letters that pouring into It from all
over the United States, and to some extent from
Europe and Asia, for specific data regarding the
commerce. the resources and the possibilities Of
these lands.
Speaking OF this work Of the Pan-Ameriean
Union, it is most interesting to note what re-
markable change has come over the attitude OF
statesmen business men, editors newspaper cor
respondents and great writers toward not only
the Pan-American Union but toward all matters
relating to Latin America When the Pan-Amer-
lean Union was reorganized eight years ago and
il was my privilege TO undertake the work OF
building It up, aided by the splendid support OF
the Secretary of State of the United States and
the Latin American ambassadors and ministers
in interesting the kind of men just above men
toned in this organization and in the vast field
which formed its constituency for year or two,
the Pan-American Union more often a target
for ridcule than it was Of appreciation and its
poor director general continually made to
suffer by the sarcastic writers of the country.
Now the situation has changed and the very
men who were almost anti American in those
days are now proPan- American There is an
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23

sion prevails among large portion Of the bond
buvine constituency Of the United States banks
in regard to the reliability of Latin-American
bond issues. The average man holds too near his
eye the sixpence Of prejudice in the form OF
some unfortunate experiences among men and
firms who have loaned money to two or three OF
the Latin American countries, without taking into
consideration the record Of great majority OF
them after long period Of years. The bond
issues Of nearly all Of the Latin American coun-
tries, and certainly OF the principal ones, should
find ready sale in the United States and should
be bought with sense Of security. No better
proof Of their value could be found than the fact
that they have for many years had q ready mar
ket throughout Europe, and especially In Great
Britain, Germany and France. The people Of
those countries far better judges than the
people Of the United States upon the question OF
foreign loans, and certainly il they have thought
well Of what Latin America has TO sell in this
respect the people Of the United States ought to
have the same opinion.
OF course, this attitude the part OF the
money market Of the United States has been due
to considerable extent TO the ignorance which
has prevailed in the past among the masses OF
the people in this country in regard to the prog
ress which many Of the Latin American countries
have made and in their improved stability in
government Through, however, the continued
propaganda of the Pan-American Union. the In
ternational organization OF all the American re-
publics, devoted TO the development Of commerce,
friendship, peace, better acquaintance and good
understanding among them, and having its head
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23

result, some practical plan for the definite
development OF financial relations between us
of the north and our friends OF the south 1t
is to be hoped that at this conference the ordi-
nary talk of the superficial phases of export
trade will not be the chief concern but that
out OF it there may instead be developed some
definite basis OF mutual and cooperative pro-
cedure for the common good
If we are to get the business of Latin Amer
lea permanently and on any considerable scale
we must do our share to develop the resources
from which alone that business can arise. This
can not be one-sided case. We must furnish
the funds or the credit in large part against
which purchases to be made from US. We
ought, of course, to profit in so doing, and so
equally, of course, should those who borrow
and those who buy. The establishment there
fore, on definite basis of financial relations
between the Latin American countries or some
OF them and our own is one OF the things to
be hoped for as a result of the conference.
CERTAIN PROHIBITIVE DUTIES IN
LATIN AMERICA
Incidental to this is the hope OF facilitating
communication in various ways. Certain du-
ties in Latin America have been prohibitive OF
any business in some Of our products for ex-
ample, in canned goods, and doubtless in
others. Discussion OF these matters should
reveal that less serious burden Of customs
taxation would probably result in general bene-
fit. providing through larger importations into
their respective lands greater revenue than
that obtained, while opening the door to
American products and providing cheap and
wholesome foods now excluded Two-cent
postage would contribute to the same general
end, and also the establishment OF parcel
posts and the extension of the money order
system. All OF these matters have been urged
by our Post Office Department, but the feel
ing OF the southern nations has been that in
the present emergency caused by the war they
could not afford TO take a course which
its surface seemed likely to diminish portion
of their revenues Possibly it may develop
that this difficulty is more seeming than real
and that the facilitating OF actual exchange
and trade which would result from making the
path between US as easy as possible would ac-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23

Latin America is the need that the United States
shall furnish money for the official, semi-offlcsl
and responsible private loans Of Latin America.
Up TO the outbreak of the practically every
Latin-Amercan country conducted all OF its bor-
rowing in Europe. There q few exceptions.
Of course but the volume Of the loans placed in
the United States very small compared TO
those placed in Europe and especially In Great
Britain. With the overwhelming demands now
being made upon the European countries TO float
their own loans and with the debts they will be
obliged to pay when the lie over, II would
seem that 1t will be absolutely necessary for
Latin America TO negotiate its loans in the United
States and for the United States to give special
attention to these demands upon It's purse strings
This is no reflection upon Latin America. as 1t Is
q most natural process.
We have only to 60 back in the history Of the
United States and remember the time when this
country borrowing money In vast sums all
the time from Europe; and then again TO the
time when the Western states borrowed without
limit from the Eastern states In order that they
might take care Of the development Of their great
resources. In the same way IL is necessary for
LGtin-Amercan countries, now entering upon
field Of wonderful new progress, to secure money
from the United States to carry out their re-
spective undertakings.
have repeatedly stated heretofore and repeat
now, that if the banking and financial interests Of
the United States could LOAF s5O0000,000 during
the next five years to Latin America there would
result increase at least of $500 900 worth of
trade exchange. Unfortunately, false impress
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23

tually lead to an enlarged rather than to
decreased income for their treasures.
WE MUST WORK AND LEARN MEAN
WHILE TO BIDE OUR TIME.
From our point of view one thing should be
borne in mind-namely, that it would be a
great mistake to Judge of South America by
the amount OF business she has already devel-
oped. Great as this is, it is small by compari-
son with that which is possible if she is pro-
vided with funds on reasonable basis to push
forward Ter enterprises. Already there are
prosperous utilities, cities, railways and insti-
tutions which point to the real success that is
practicable Just as unquestionably, much more
can be accomplished in many of the countries,
if not in ali of them, than has yet been even
begun. For Americans to take an attitude of
indifference to this opportunity would be TO
the highest degree mistaken. 1t would mean
the certain and serious loss of great CONNER
cial and industrial prizes ready to our hands if
we will but take them up in the right spirit
and provide the means and wait the time nee
essary for their full development. 1t is absurd
TO look upon the matter as one in dealing with
which commercial traveller could be sent to
get orders of the bat, so to speak and bring
them back. 1t is equally absurd to think that
because this cannot be done the opportunity
is therefore negligible. Such course is nei-
Their well-informed nor reasonable We must
in Latin America build the ladder by which
we climb. But if we build the ladder we can
climb it, and the rewards to be found at the
top Of the ladder will very considerably de-
pend upon how we'll we build.
1t must, however, be always understood that
this is case for mutually of interest. 1t is
as hopeless to think of exploiting any portion
of Latin America for our sole gain as it would
be wrong to attempt to do so. Commerce that
should come naturally to US from these our
sister nations If we do our part will grow
and abide il it is based upon mutual confidence,
respect and profit. If it is a one-sded bargain
it will fail, and it ought to do So
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23
By WILLIAM c. REDFIELD,
Secretary of Commerce.

TN one general respect conditions in all our
sister nations in Latin America are SINH
lar. They are countries Of great natural
wealth in varying forms, most OF which
is quite undeveloped. The degree to which de-
velopment has been carried varies greatly in
the different nations, but much of it is required
in all Of them and in some the resources have
barely been touched. In order that these ma
tons may take their normal place in the
worlds commerce their resources must be
utilized. To do this requires money and time,
a good deal OF both Heretofore the United
States, being a debtor nation. has had very
small part in furnishing funds for this neces-
sary development. We have supplied many
times more funds TO Canada alone than we
have furnished TO the whole OF America south
OF our boundary. The natural result has been
that we have had with Canada a business at
least equal to that which we have been doing
with all our Lstin-America sister peoples.
These neighbors OF ours have had 10 look
elsewhere for cash. They have got it, great
deal OF it, from Great Britain and Germany
and France and elsewhere in Europe, and with
the cash they have got something else-name-
ly, banking institutions placed in their own
midst with the deliberate purpose OF utilizing
the cash for the benefit OF the country from
which the cash came. They have got even
more than this, railways and factories, utilities
and the like, paid for with European money.
owned and operated by Europeans. the earn
ngs of which have helped to fill European
treasures.
WE PAY THE PENALTY OF OUR INDIF-
FERENCE.
The logical result has followed. The trade
has gone chiefly to Europe. If one examines
the proceedings OF European financial centres
it will be found that the securities OF Latin
American cities and provinces and institutions
OF various kinds familiary known there
though strangers to US. They keep informed
about them our investors do about the Sc
curities which bought and sold commonly
in our own larger stock exchanges. There is
no sense OF strangeness to European investors
respecting Latin-Amerean securities. They
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23
Bv John BARRETT,

Director General Of the Pan4American
Union, Formerly United States Min
lister to Argentina, Panama and Colon
bia.
The Pan-American Financial Confer
ence should appeal most strongly to the
banking. financial and commercial inter
ests of the CITY of New York. In fact it
should appeal to the same interests
throughout the entire land, but particu-
larry to those Of New York City, because
through its financial institutions are con-
Quoted the major portion Of the business
dealings between the United States and
Latin America, and, again, because
through its port goes the greater part OF
the shipping that carries products to and
from Latin America.
Already New York has shown d COM
,nendable interest in the conference, so far
as the entertainment OF the delegates is
concerned A committee has been ap-
pointed which has done excellent work
and has given special attention to the dis
tinguished hnanciers who have been arriv-
ing from Central and South America, but
beyond and above that is the necessity
for that kind OF active cooperation with
the Secretary of the Treasury which will
make the conference real success.
A CONFERENCE RICH IN POTEN-
TIALITIES.
1t is no exaggeration to observe that
this Pan-American Financial Conference
ought to be one Of the most important and
useful international gatherings which have
ever been held in the history of the United
States. 1t certainly should be the most
practical Pan-American gathering which
has met in this country since the first
great Pan-American Conference, which
assembled in Washington in the winter OF
$4,000, and which was presided over by
Secretary Blaine. 1t has potentially IN
the financial and commercial relationship
OF North and South America which Will
be far-reaching and most beneficial to all
the countries concerned. On the other
hand. there is always danger that too
much time in such a gathering may be
given up TO talk and discussion without
achieving those essential results for which
the financial and commercial interests OF
all America are looking. 1t will be a
grave disappointment not only to the
United States, but TO all Latin-America' II
something very tangible fails to be the
outcome of this meeting
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23
LATIN AMERICA PAYS US A DELL
CATE COMPLIMENT.

II is a fact that all OF the Latin Amer
can countries are sending delegates OF
high standing and real prominence and
influence. They are men who cannot tall
70 command the respect OF the Secretary
of the Treasury and of the bankers, imam
ciers and commercial leaders who Will be
invited by the Secretary to meet then III
Washington. The estimate, therefore,
that the Latin-American republics nave
placed upon this assembly is proved by
the quality of the men whom they have
sent here. and it behooves the government
and the financial leaders OF the United
States to reciprocate by doing everything
in their power to accomplish results which
will allow these men to return to their re-
spective countries well satisfied with their
mission.
TIL. Furopean war cast a gigantic MONKEY
x,rench as il were, into the commercial machln-
cry Of many Of the Latin American countries Up
N the time Of the outbreak of the CONNECT IN hu
Gust 1914 fully 90 per cent Of the financial and
banking transactions, not only Tor the tfaoe VI
Furone but for that OF the Onlteu o'a'es' ""N
ham in exchange on London, Paris, Berlin e'c
Cor,esnondinclv. altogether the chief portion OF
the exports and imports Of these countries WAS
carried in vessels flying European flags. TINS ap-
,liod as much TO the trade OF the United STATES
sc II did 10 Europe. The war, therefore, brought
about almost a financial and shipping blockade
GRADUAL ADJUSTMENT OF THE FINANCIAL
MACHINERY
While the shipping conditions are now being
greatly improved and exports and imports are
moving with considerable freedom, the financial
machinery is not being a. easily adjusted. Some
stems however, have been taken which have been
marked by a considerable degree OF success, as,
for example, the establishment of branches by
the National City Bank Of New York in Buenos
Ayres and Rio de Jsneiro, with contemplated e1-
tensions in Montevideo. Santiago and other points
As a result Of this, there has been large amount
Of direct exchange in dollars rather than in
pounds sterling The Guaranty Trust Company
has also been doing very large business in direct
exchange though such development was little
erpected before the war started. Now il is neces-
sarv 20 further improve the banking and financial
relationship between the principal countries OF
Latin America and the United States. What has
already been done in Buenos Ayres and Rio de
Janeiro must be enlarged upon and also extended
IN the capitals and principal commercial centres
~ the other countries Of South and Central
America.
One of the most important phases OF the imam
ei.l relation. between the United States and
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-23

TN one general respect conditions in all our
sister nations in Latin America are SINH
IL lar They are countries Of great natural