The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1915-05-24

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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
1T is very surprising to met is
even a source of neutrality-suspicious.
conference like this should nave
been so long delayed; that 1T should
never have occurred before; that II
should have required a crisis OF the
world to show the Americans now
truly they were neighbors to one an
other. If there is any one happy cir
cumstance, gentlemen, arising out OF
the present distressing circumstances
of the world, it is that it has reveal
ed us to one another; it has SHOWN US
what it means to- be neighbors- And
1 cannot help harboring the hope
the very high hope-that by this
commerce of minds with one another,
as well as commerce in goods, we may
show the world in part the path of
peace.
Showing Way to Peace.
1T would be a very great thing il
the Americas could add to the dis
tinction which they already wear, of
rent peace. The way to peace for us,
at any rate is manifest. 1t is the
kind of rivalry which does not Involve
aggression. 1t is the knowledge that
men can be of the greatest service to
one another, and nations of the great
est service to one another, when the
jealousy between them is merely a
jealousy of excellence and when the
basis of their intercourse is friend
ship. There is only one way in which
we wish to take advantage of you,
and that is by making better goods,
by doing the things we seek to do for
each other better, if we can, than you
do them, and so squirting you on, if
we might by so handsome a jealousy
as that. to excel us.
Basis of Personal Friendship.
Il am so keenly aware that the
basis of personal friendship is this
competition in excellence that 1 am
certain that this is the only basis for
the friendship of nations-this hand
some rivalry in which there is no dis
like, this rivalry which is nothing but
a common hope of elevation in great
enterprises, which we can undertake
in common.
There is one thing that stands in
our way, among others, but you are
more conVersant with the circum-
stances than 1 am. The thing 1 have
chiefly in mind is the physical lack
of means of communication, the lack
OF vehicles, the lack of ships, the lack
of established routes of trade-the
lack of those things which are Gbso-
lutely necessary if we are to have
true commercial and intimate COM
mercial relations with one another,
and 1 am perfectly clear in my judg-
ment that if private capital cannot
soon enter upon the adventure OF eS-
tablishing these physical means of
communication, the government must
undertake to do so.
I'VE cannot indefinitely stand apart
and need each other for the lack of
what can easily be supplied, and if
one fundamentally cannot supply it
then another must be found which
will supply it,
United States Is Host.
More than half a hundred of
the leading financial men-govern-
mental and commercial-from the
South and Central American countries
are ready to take part in the discus
sions which beginning today We're ex-
pected tof occupy the entire week, #
not to continue next week.
The United States is host. Congress
is authorizing Secretary McAdoo to
carry out his idea, voted $50, 600
expense money and a large part of this
will be used in entertainment of the
foreign guests, part of the program be-
ing a trip to certain important finan-'
cial centers- The guests include also
a large number of representative
bankers of the United States, but they
will defray their own expenses for the
most part.
One outcome of the conference is
expected to be a better understanding
on the part of American financiers OF
the methods and conditions of bust
ness in the Latin countries particular
ly of the credit system in practice
which differ materially from our own.
List of Delegates.
The list of foreign delegates follows:
Argentina = Samuel Hale Pearson,
distinguished banker; Richard c. AL
dao, former minister of finance for the
province of Buenos Aires; V. V. Villa
mil and John Zimmerman, business
men.
Uruguay-Pedro Cosio, minister of
finance; DR.. Gabriel Terra, former
minister of Industries.
=
vice president; Eduardo Higginson,
consul general at New York.
Colombia-Santiago Perez Triana,
former minister to Great Britain; Rob-
erto Ancizar, secretary Washington
legation.
Salvador-Alfonso Quinones, form
er president; Jose Suay. former min
lister of finance; Roberto Aguilar.
prominent banker.
Nicara gua-Pedro Rafael Cuadra,
former minister of finance; Frederick
Albert Straus, banker.
Panama-Aristides Arizona, secre-
tary of finance and treasury; Ramon
P. Acevedo, manager National Bank
| of Panama: Ramon Arias, Jr., vice
president Bank of Canal Zone.
Costa Rica-Mariano Guardia, min
lister of finance; John NJ. Keith,
| banker.
Honduras-Gen. Leopoldo Gordova
minister of hacienda and public cred
| it; d. Forth, leading merchant; DR..
Alexandra S. Lara, of the Bank of
| Honduras at Tegucigalpa.
| BraZil-Dr. Amaro Cavalcanti; for
mer Supreme Court Judge.
| Bolivia-Ignacio Calderon, minister
| to the United Stares; Adolfo Ballivian
consul-general at New York.
Dominican Republic-Francisco j.
| Reynado, former minister to United
States; DR.. Enrique Jiminez, minister
| to the L. S.
Chile-LuiS Izquierdo. former min
! lister of foreign affairs: Luis Aldunate