The Washington herald., 1915-05-29

| number of officers of the army, including
| the heads of departments. all in full dress
uniform. The delegates We're taken TO
Fort Myer in automobiles. the procession
extending several blocks in length.
Il believe Congress will do all in its
, power 10 carry out the results of your
| deliberations declared Representative
Flood. Il am sure il will do whatever
is possible TO enlarge and extend the
financial and commercial relations and
the transportation facilities between this
country and the countries of Central and
South America. We are in a critical
period In the affairs of the Western Con-
tinent What we do now and in the
near future is to determine whether the
republics of America shall stand to-
Sether and cooperate for the good of all
the American countries. l believe this
conference is a long step in securing
that cordial cooperation for the good of
all
That United States dollar bills soon will
be officially quoted on the Valparaiso
Stock Exchange was announced by Leo
pold Frederick. financial adviser of the
American Smelling and Refining Com
pany. the Chile Copper Company. and the
Eraden Copper Company.
Reduction of Salesman's taxes and tar
ifs or duties on samples was urged in
an address by Mr.. Tedcastlc of Boston,
who is comforting with the Ecuadorean
group committee. Mr.. TedCastle also ad
vocated uniformity of laws governing
these taxes and duties.
The present plan of charging duty on
such samples as boots and shoes even
where the duty is returned is so unsatis-
factory" he said, that my firm. in conf
mon with many others. has found il
necessary TO destroy or mutIlate many
hundred dollars worth of samples each
year. So that they may be entered duty
free
Importance OF South American mer-
chants giving to United States bankers
a full and accurate statement OF their
responsibility and financial ability was
dwelt upon at length by v. =. Kies, of
New York. foreign trade advi CT OF the
National City Bank.
THE time has come when we should
either put up or shut up said Roger
W Babson. of Boston. Mass. speaking
of the necessity of a GoVernment-owned
steamship line To South America. Let
us hirt with these Latin Americans no
longer Let us either cease our caressing
words or else show our faith ny works.
This means let us buy their bonds n.lp
them in financing their public works. tn
ganize banks which will loan money to
their people. adapt manufactured
goods to their needs. and. most important
of all. build ships which will make posi- |
bile that interchange of peoples and goods |
which is fundamental to the growth. |
and happiness of the !
Americas.
EXpcct. 4. =. to Act.
He said he had found overwhelming |
testimony in every South American coun- (
try that Latin America expects the !
nited States to take deliberate step |
toward putting tn" seas under interna-
tional control !
Until all shipping engaged in foreign /
trade is under uniform laws and flies IN |
flag" he declared. the only |
,ther means of building up merchant
marine is by the use of government
owned ships. This is not only theory, |
nut is the result of practical experience
With all the different systems as used
~ the South American countries. Before
going TO South America / was opposed
o a government-owned merchant marine,
)ut | now am convinced that Il Is an
absolute necessity for cementing together
he Americas
C1arles II. Sheriff., chairman of the
orcicn relations committee Of the ,'ham-
,cr of Commerce of the United States.
described the influence of the national
hamber. told of the great courtesy and
hospitality OF tne south anu 'tntI |
American people. and predicted that :he
'eoples OF the Americas eventually will
,et together so that il will be difficult. IL
lot impossible. for the civilization on the
'ther side of the world to say no to any
proposition which meets with the ap
,roval of both North and South America
A telegram calling attention to the i'm |
,ortance of the conference and express
ne kinIest wishes for successful results
vas received from a convention Of bank
rs now in session in San Francisco. rep
esenting Arizona. California. Idaho. Ne
ada and Oregon. The telegram was
cad to the full conference.
The concluding general session of the
difference will be held at 10 o'clock this
morning in the Hall of the Americas in
he Pan-American Union Building. Re-
orts. OF conference committees will be
ubmitted and acted upon. This session
Till constitute the climax Of the confer
nee At $50 o'clock this afternoon Mrs.
ohm B. Henderson will be at home at
er residence, Sixteenth street and Flori-
q avenue northwest, In honor Of the
,embers Of the conference. This evening
{ 8 o'clock q banquet win be rendered
he delegates BY Secretary OF the Treas
ry McAdoo at the Pan-American Union
uiIding.
United States in 1913 sold $s.27s /,
~