Bisbee daily review., 1915-07-11
PAN-AMERICAN IS BOUND TO COME SAYS
 COUNSELOR MOORE
Former Official of State Depart ment Says Trade With Latin Countries Will Develop As Con- ditionS Demand.

FRANKFORT. Ky, July 9. - John Bassett Moore. former counselor of the State Department, delivered an address before the Kentucky Bar As sooiation here tonight on "Pan-Ameri- canism." in which he announced his purpose of answering in some meas lure, the question of whether Pan Americanism was a mere operation of | the fancy-a dream or a reality. "ls It," he asked in referring to the idea ! of associatng these countries of 1 Spanish and of Portugese origin with ! the United States, "an unnatural con ception altogether artificial and like | ly to perish; or is it natural growth. capable Of and perhaps occasionally needing artificial stimulation, but le- ultimately, inevitably springing from conditions from which it derives and, if not unwisely tended, will continue | to derive an ever increasing sub stance"
 Our commercial relations with the countries of Central and South Amer ica have often been discussed as if trade could be brought about by a mere exertion of the will Our manu- facturers and merchants have been censured because they did not seek the trade of these countries. In reali- ty. to say nothing of fiscal observa- tions. the development of trade has been slow because conditions were not ripe for it Not only has the United
 States like other rapidly developing countries been a great borrower re- sorting to the same European reser- .voirs from which other American countries have been nourished, but its merchants and manufacturers have - been preoccupied with their own rich and expanding home market, in which ! short credits and large profits eSer- cised their inevitable fascination. e These conditions have, however. been r changing The development ot manu - factures has created a need of foreign markets, while the gradual accumula. 3 tion of free capital has prompted at tention to opportunities abroad.
 , That the American nations are @ alive to the advantages of coopera l tion in supplying each others mater s al wants cannot be doubted A dem E. onstration, both of original and strik
 ing. of progress in that direction is
 furnished by the Pan American Finan [ ciaI Conference, lately held in Wash
 ington under the presidency of tn, e Secretary of the Treasury. That iti e conyocation was a happy thought il - shown by the earnest, practical char ( acter of~Its deliberations, and th, ], plans wisely laid for future activity .- May the work thus auspiciouslv te i gun go steadily and prosperously on
 "Il conclusion, l venture to adyer a to a phrase too frequently heard il e public places-the dictum that com l- merce is war. Catching phrases arr
 notoriously misleading, often proving - upon examination to be essential, "a fallacious but this particular phras f desire to put under the ban of Hen q ry Clay's denunciation as narrow, se
 fish and groyeling.' Trade, it is true F usually involves competitions ye
 competition when fairly conducted s to be regarded only as the 5timulou K of energy Commerce properly yiewe
 is an exchange of benefits. A gre3
 American statesman, one of the ables
 statesmen, I may say, of recent times
 the late Baron Rio Branco of Brazi
 in a remarkable state paper, well ot
 served that arrangements in whic
 neither of the interested parties losel
 and still more those in which all gaiI
 are always the best Commerce pu
 sued in this spirit is unfriendly to n
 one. It is not unfriendly to Europe e
 to any other part of the globe, but il
 on the contrary, a fructifyin influence
 contributing to the prosperity an
 contentment of all. In this benig
 sense it found a place in Clay's Wsio