The Tabor independent. [volume] (Tabor, S.D.) 1913-19??, 1915-05-27
President Tells Delegates to
%Pan-AmeriCan Financial Con-
ference Western Nations Are
Example to Europe.
COMMUNITY OF INTERESTS
Effort Now Being Made to
Effect Continental Solidarity
Through Trade and Finance
Need More Ships.

son, speaking at the opening Of the
Pan-American financial conference
here today, expressed the hope that
the Americas might show the world
the path to peace. The president was
loudly %applauded by the delegates as
he entered the hall of the Americas In
the Pan-American union building,
where the meetings are being held. on
the platform were embers OF the cab
met, while the audience included many
high government officials, In addition
to the representatives OF South n
Central American countries.
The president declared that the peo-
pie of the Americas were not trying to
make use Of n another, but were
trying to be OF use to one another. He
spoke of the handsome rivalry" which
he said was good for nations. The lack
Of the physical means Of communica-
ton between h Americas, he said,
stood somewhat In the way Of the de-
velopment of m and friend
ship. In advocating more ships in Pan
American trade and the opening of new
routes, The president said that If pri-
Vate capital cannot o establish such
means of communication, the govern
ment must undertake to do so.
At the conclusion Of the presidents
address, he was applauded again. He
remained in the hall while representa-
tives OF the different nations respond
ed to his welcome.
A Mutual Undertaking.
President Wilson spoke as follows:
There can be no sort OF union OF
interest II there is a purpose OF eX-
p~loitation on the part OF any person
connected with a great conference Of
this sort. We are not. therefore, try
ing to make use of each other. but we
are trying to be Of use to one another.
tTk 10 yneNy gt,R~rteIn1 10 ma IL d
even a source of modification, that a
conference like this should have so long
5een delayed; that 1t should never have
occurred; that it should have required
: crisis OF the world to show the Amer
lcas o truly they were neighbors to
one another. If there Is any one happy
circumstance, gentlemen, arising out
Of the present distressing circum-
stances of the world, it is that it has
revealed us to one another; 1t has
jhown us what 1t means to be neigh
pOrs. And I cannot help harboring the
hope. the very high hope, that by this
commerce of minds with II another,
Us we'll as commerce In goods, we may
how the world in part the path of
yeace.
1T would be a very great thing If the
Americas could add to the distinction
yhich they already wear this Of show
hg the way to peace, to permanent
leace.
The way to peace for us. at any
ate, is manifest. 1t is the kind of
9 valry which does not involve agrees
ion. 1t Is the knowledge that men can
e OF the greatest service to one anOth-
E and nations Of the greatest service
o one another. when the jealousy be-
ween them is merely a jealousy of eX-
ellence, and when the basis Of their
Intercourse Is friendship. There is only
ne way in which we wish to take ad-
antage Of o and that is by making
etter goods. by doing the things h
We seek to do for each other better, If
We can, h you do them, n so spur
ing you on, If we might, by so hand
ONE as jealousy as that to excel us.
Basis For Nations.
Il am so keenly aware that the basis
+ personal friendship is this COM
EDITION in excellence. that I am perfect
y certain that this is the only basis for
he friendship of nations; this hand
ONE rivalry, this rivalry in which
here is no dislike, this rivalry in which
here is nothing but the hope of a COM
non elevation in great enterprises,
which we can undertake in m
There is n thing that stands in our
way among others-for you are more
onversant with the circumstances than
am; the thing l a chiefly in mind
s the physical lack OF means OF COM
nunication. the lack Of vehicles, the
ack of ships, the lack Of established
outes Of trade-the lack of those
hings which are absolutely necessary
{ we are to have true commercial and
Intimate commercial relations with one
mother; and I am perfectly clear in my
alignment that II private capital cannot
Ioon enter Upon the adventure OF eS-
ablishing these physical means OF com
nunication, the government must un-
lertake to do so. We cannot indefinitely
tand apart n need each other for
The lack OF what a easily be supplied,
md If one fundamentally cannot sup
sly 1t, then another must be found
which will supply it. We cannot know
ach other unless we see each other;
we cannot deal with each other unless
we communicate with each other. So
as soon as we communicate and upon
2 familiar footing of intercourse with
one another. we shall understand one
another and the bonds between the
Americas will be such bonds that no
influence that the world may produce
In the future will ever break them. II
I am selfish for America l at least hope
my selfishness Is enlightened, the
selfishness hat hurts the other party
Is not enlightened s%elfishness. If l were
going upon a mere ground Of selfish
ness I wOuld seek to benefit the other
party n so tie him to myself; so that
eve IL you were to suspect me OF
selfishness / hope you will also suspect
me of intelligence and of knowing the
only safe way for the establishment Of
the things which we Covet as we'll as
the establishment of the things which
we desire and which we would feel
honored, If we could earn and win.
"Welcome From the Heart"
II have said these things because
they will perhaps enable you to under
stand how far from formal my welcome
to this body is. 1t is q welcome from
the heart. 1t is a welcome from the
head. 1t is a welcome inspired by what
I hope are the highest ambitions for
those who live in these two great con-
tinents. who seek to set al example to
the world in freedom Of institutions,
freedom OF trade and intelligence Of
mutual service"
The Pan-American financial confer
ence, the outgrowth Of the new prob
lens that have arisen to confront the
western hemisphere as a consequence
! Of the wal in Europe, was formally
opened here today. For six days dele
gates from IS South and Central Amer
lean countries will present to represen-