The Washington herald., 1915-05-25
WILSON WARNS CAPITAL
u. S. MAY BUILD FLEET
CONTINUED FROM PAGE ONE

gested one, and a very important one.
namely, cooperation in the providing of
means of communication. He has used
his great influence to secure authority
for this nation to do its part and | doubt
not that his efforts will find a response
in the nations here assembled, and that
in the course OF time these nations, by
cooperation. will establish lines of COM
munication which will not only be of ad-
vantage in ordinary times, but will pro-
tect our commerce from interruption il,
at any future time. the nations in other
parts of the world find themselves I'M
able to settle their disputes by the peace
full methods which We expect to employ"
Bryan Discusses Treaties.
Mr.. Bryan spoke in some detail con-
corning the treaties with South Ameri-
can republics and predicted that they
would prevent ANY hasty rushing into
armed conflict" He said:
THE memorable address delivered by
our Chief Executive at Mobile a year
ago. when he restated what has been so
often stated before. that this nation has
no desire to take one foot of land from
any other nation by conGuest-I am sure
that this uterance has contributed some
thing toward the cementing of our
friendship. And may / refer to one other
thuiB HdS ndu an II IL
the fact that his nation is now united
to the Spanish-speaking republics by
treaties that provide for investigation of
all disputes. leaving no cause for which
We can go to war until after there has
been a years time for elaboration and
for passion to subSide.
This country has shown its good will
by offering to all of the American re-
publics, without respect to size, such
L,-
ed in the spirit in which the offer was
made We may feel certain. therefore,
that in the years to come there will be
no hasty rushing into armed conflict
Indeed. we have such faith in the power
Of reason. when controlled by friendship,
that we are confident that a years in
quiry will enable us to find peaceful
means Of settling any disputes that may
arise"
Secretary McAdoo. after outlining the
routine to be followed by the conference,
spoke of the need for better shipping
facilities and of the establishment of ad-
ditional branch banks in South America
The Federal reserve act, he said. has
consolidated and organized the credit Of
the United States in such way that
the country is prepared for the first time
in its history to do a large amount Of
foreign business
An interesting part OF secretary Red.
fields speech was his confession that
American business men have labored I'M
der a severe handicap in South America
because of their brusque WAYS of doing
business as compared with the elaborate
courtesy which characterizes business
relations in South America. His speech
was largely a practical criticism Of the
methods Of American business men in
South American trade. and he took up
q number OF somewhat technical ques-
tionA
Postmaster General Burleson announced
in his speech that a parcel post con-
vention had been concluded with ArSen-
tina and that negotiations for such
are pending with Cuba. He
discussed plans for the extension OF
our International money order service
and for the reduction in letter postage
rates between the United States and
the other republics as q means OF pro-
noting more intercourse with these coun-
tries.
DR.. Ignacio Calderon. spokesman for
the delegation from Bolivia. declared en-
that all should share the bene-
fits of the conference In order that II de-
velop the full measure Of success. The
Bolivian delegate spoke at some length
Of the necessity for unselfishness ana
Of the willingness on the part Of all the
participating to serve ends
Of common heipfulness. His address.
while eouched In the politest terms.
served to direct attention to reports
mich hsd been hsara anee The arrival