Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-05-01
STATE DEPARTMENTS
MISTAKES IN SOUTH
AMERICA CRITICISED
Former Minister From
Nicaragua Indicates Ad-
ministration's Neglect to
H e p This CounRy's
Commercial Relations.

Criticism of the state Department OF
the present Administration by pointed
neglect to praise II even family was i'm
piled by Luis F. Corea, former Minister
from Nicaragua to the United States, at
this mornings session of the 18th annual
meeting of the American Academy of Po-
lItical and Social Science, held at the
Hotel Walton
John Hays Hammond New York; Bern
hard Dernberg. Germany; E. e. Pratt,
of the Bureau of Foreign and Domestic
Commerce, Washington. n. c.. Franklin
johnson, editor of American Export,
New York; Maurice Coster business
manager of the Westinghouse Electric
Company; Wilfred II. Schoff. secretary
of the Commercial Museums. of this city,
and Welding Ring. New York, also made
addresses and took part in the discussion
Of Relations of the United States with
Central and Soub America, as Affected
by the European Mar"
"1t is perhaps not fully realized by m IN
who export American goods to the Latin
American Republics" said Mr. Corea,
what large part in the establishing
of cordial relations is played by the
policy of your State Department. The
lofty and farseeing policy of Secretary
Blaine, the cordiality and cooperative
efforts of Secretary Hay, the mutual
understanding and political harmony
striven for by Secretary Root are solid
foundations upon which the commercial
relations with these countries must be
built in order to be successful"
Capitalists of the United States must
be ready to supply working capital to
the Latin-American Republics II this
country is to realize its ambition to secure
the balance of trade with them, accord
ing to John Hays Hammond the noted
mining engineer. These capitalists must
be assured of the encouragement and CO.
operation of our national administration,
and be guaranteed the protection of their
investments against discriminatory laws
and consfication, especially in time of re-
volutions, he said, If they are to be eX-
pected to give their aid.
More intelligent and broader legislation
at. Washington is needed before the
United States can build up a Merchant
Marine, said Welding Ring. ut is humil-
iating," he declared, ito think that the
United States only carries a small per-
centage of the tonnage of foreign trade
Germany's dopination of the markets
of South and Central America has been
vastly over-rated in the opinion of Frank
lin Johnston, editor of the American EX-
porter. New York. Its share has been
little II any larger than America g, he de-
clared, and not as large as Great Brit
aims.
ALREADY our exports to Latin-Amer-
lea are beginning to bulk larger than
ever before said Mr. Johnston. "Ex-
ports to Argentine from the port of New
York in March were double those OF
last year, and in the case of every other
important Latln-American market they
were larger than last March. with the
exception of Mexico and Chilli"
Many obstacles lie in the way of i'm
provement in our trade with Central and
South American countries, according to
the rather pessimistic survey of the sit
uation made by Maurice Coster, business
manager of the Westinghouse Electric
Company. He advocated law admit
ting to registry all vessels owned
chiefly by Americans, when engaged in
foreign trade with the United States;
amendment of the seamens bill so as to
apply only to coastwise trade and that
of the Great Lakes granting permission
to railroad and steamship lines to issue
through bills of lading to foreign coun-
tries and to make special rates to meet
foreign competition, and the amendment
OF the Sherman act to exclude foreign
business from it's provisions.