Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1915-10-05
SOUTH AMERICA FULL
OF OPPORTUNITY
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CONTINUED From First Page.1
of the life of the Chamber of Com
merce introduced Mr.. Harding, who
touched upon the various phases of
the federal reserve act and the evils
which it is said to have eradicated and
the lasting benefits which are said to
be accruing and will accrue in the
future.
Minister PeZet's remarks were de-
voted mainly to a discussion of the
great trade possibilities in Peru and
TO plea for the investment of Ameri-
can capital in that country and the
other countries along the western
coast of South America. The eastern
coast is well taken care of by the
French, British. England and Ger
mans, but the west coast is waiting
states to come along and realize the
Denehts which are certain to come
from a development of that rich
country. His eXcellency then turned
to an exploitation of the olives and
potatoes (which no other country in
the world can produce quite as finely
as Peru With the proper expansion
and cultivation, he said, they would
become world-famous product.
Criticises Military System
captain stockton took a fall out of
the various attempts to train officers
Whlch nave recently stirred up so
much interest at Plattsburg and other
PIIces, pa, lie dlsagreed most emphatic
ally with General Wood and other
veteran officers that these training
camps were in the least effective. He
urged the business and professional
men and men in every walk of life to
stand behind the general staff of the
army and navy, because in that way
only, he said can we expect to ca rry
out a consistent policy and build IN
Tor ourselves a stable and enduring
aeIense. His speech was mostly a
SIltlclsm OF the way in which things
nave oeen run and plea for the sup
port OF the National Guard as the
proper sphere for any action which
eiiiis 10 improve our national defense
Work of the Chamber
perusal of a pamphlet distributed
containing the summary of the activi-
teS OF the Chamber during the ma ST
year prought a surprised look to many
races. IL became evident upon further
reading that this body has been among
me nlost active forces in the COM
niuhlty' one of its most effective
pieces of legislation was the man to
40 away with so much ill-advised and
aHDlllous advertising and charity So
ilcltation by requiring a certificate of
investigation to be issued by the
chamber and leaving the question of
5ri nilaI approval up to each member.
rms meant a more businessIike svs-
tenn and a cessation of the annovance
attendant upon solicitation for un-
worthy causes. "ii-
Inc Chamber, moreover. success
Iully 1nanced and supervised the hie
municipal celebration of Septemher 90
"a ana 20 without calling for special
SEontrlputons. 1t held numerous
luncheons and obtained nrominant
speakers who proved to be vastly in
SlructlNe and interesting, and these
luncheons brought the men of the city
toSether In u wholesome and plea SAINT
manner Trade excursion work has
peeh one OF the features of the wears
actlNlties' The expense of decorating
i ,ie cIy Ior the f1remen's convention
idsl october was carried by the Cham
Der, which also rendered financial as-
slslance to the Motor Clubs publicitv
run. III has installed a credit rating
Eureau' mas made investigations and
recommendations with reference to
improper investments, illegal sales. lot
tery schemes and all sorts of practices
tiiat Ii' Would nave meant loss to the in
dlNldual men of the city without the
care exercised by the Chamber II
mas done more consistent, inteIIisent
ana result producing work in stin1u-
,atng foreign trade than anv organ
lZatlon of its size in the country. and
lIeSs are only part of the activities
winch have characterized the Harris
DufS Chamber of Commerce in its first
Two years of service. President Gil
pert IN his report gave full credit to
me Individual members of the Cham
per' without whose hearty supnort
ana earnest cooperation 1t would have
been impossible for the officers and
secretary E. L. McColgin to carry on
the work as outlined
AT the close of the evening II was
announced that the following five men
had been elected to serve as directors
Tor the next three years: Arthur n
Bacon, Robert Mccormick. r. n Wal,
lower, Andrew S. Patterson and
Carson Stamm ~
Financial Statement
me financial statement COVERING tbe
fiscal period from October l. 1919 to
september 80, 1915, showed a HEALTHY
condition of the finances. The total
income for the year from various
sources amounted to $12,253.44. while
the total expenses were $13.O66 IL
Inc bank balance showed a surplus of
nearly $4,000 on October 1, 1914. maxi
ms the total cash now available
$2,62l.O4. The discrepancy between
income and expenditures was aca
counted for by the unusually heavy
expenditures of the year