Evening star., 1915-06-06
ALL ARE IMPRESSED
BY ]. S. HOSPITALITY
Latin Americans Charmed by
the Cordial Greetings Ex-
tended Them.
GREAT INTEREST SHOWN
IN MISSISSIPPI VALLEY
Delegates to Recent Financial Con-
ference Eager to Talk Busi-
ness in St. Louis.
From 8 srar Correspondent.


ST. LOUIS. Mo. June s.-The Latin
American delegates from the pan
American financial conference have
shown very great interest in the city
of ST. Louis and the general Missis
sippi valley business situations. one
reason being that st. Louis sent a trade
commission through South America a
year ago.
Many of the fnanciers OF this Sec
tion feel that the delegates are old
friends. 1t was a ST. Louis group
which negotiated a series of banking
operations with the Ecuador group in
Washington whereby the cocoa crop Of
Ecuador will be financed in advance
of actual delivery. st. Louis and New
Orleans getting the greatest beneft
from it in this country.
Having come this far across the con-
tinent, the ideas OF many of the dele
gates have experienced changes in re-
gard to the United States. The great
hospitality that has been accorded TO
them in each city has completely won
them over to the Yankees and sew
eral of the delegates have frankly
confessed their surprise at the splen-
did manner in which they have been
find themselves growing more inti-
mate with the United States type of
banker and merchant, and in Pittsburgh
at least. one or two big business deals
were started.
An Active Brazilian.
One of the most active South Ameri-
cans on the trip is Admiral cordeiro
da Graca, retired, of the Brazil navy.
~; h. n1A 70 tn ha
pan-American financial conference. he
has several government commissions
from his native land and is looked
upon as part of the pan-American
party. He made a great hit with the
business men Of Pittsburgh, especially
with the steel men, and it is under
stood that preliminary negotiations on
big steel contracts. hitherto let by Bra
zil to England We're started through
the admiral. On leaving Pittsburgh he
left with a group of the most promi-
nent steel men in that vicinity letters
of introduction to all sorts of institu-
tions, business. social and financial, in
Rio de Janeiro and other Brazilian
centerS.
This is the sort OF thing that the
an-American conference was called
for and it was business of this kind
that Secetary McAdoo had in mind
when he spoke of continental solidar-
ity.'
Talk Business With Bankers.
st. Louis is after the jobbing trade
of South and Central America. as well
as after & chance to extend large
amounts Of credit through the Central
American republics. A trip to the big
banks of the city today gave the dele
gates a chance to talk business with
the bankers. The prophecy that ST.
Louis would show off its .breweries to
the delegates fell fat The nearest
thing to a brewery in the citys ele-
CANT hospitality was an afternoon
spent on a prominent brewers coun-
try place, once the farm of Gen. U. g.
Grant. Instead of talking about the
number OF gallons OF beer the city
could produce the bankers showed
their vaults and their piles of gold.
and interested the delegates by telling
them that st. Louis is the place to
come to get the crops financed. This
was much more to the point Latin
Americans don't like beer anyhow.
City Gives Great Greeting.
ST. Louis met the special train with
tremendous squadron of police. a
battalion of the st. Louis National
Guard. together with GOV. Major of
Missouri. with his staff in full gold
lace and heaviest dress uniforms; also
a brass band. Finely equipped special
street cars, la Pullman, carried the
party through the streets, while people
in shops and factories cheered IS if IL
were an inaugural parade.
The delegates are still talking about
the Mississippi river, which they
crossed early this morning. 1t was
thirty feet above normal and as yellow
to have a crouch.
To Join Pan-American Delegates.
Secretary McAdoo is to join the dele
ties to the American financial con-
ference in Chicago tomorrow and speak
at banquet to them tomorrow night.
L. q.