Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1915-06-03
N AD00 PUTS ONE
OVER ON ENEMIES
!. I. Of PET MEASURE
Secretary Of Treasury Takes.
Advantage Of Pan-AmerlCan
Meet TO Boost AdminlStra-
ton Shipping Bill

| SPECIAL cosefspoNpfHce TO MORNING JOURNAL
Washington, June Politicians
lnre now quite clear In their minds
that the secretary OF the treasury
| put one over" on the opponents Of
his ship purchase bill through the lat
est Pan-American conference. Nothing
| else made such an impression on the
| delegates as the fact that means Of
communication between North and
south America are needed, and need
I ed quickly. The delegates had no
iden that they were booming a presi-
dental policy. They came here
knowing nothing about it. Never
ihcless, their insistence on two points,
| fist, that ships must lac provided, and
second, that the United States has the
cash 10 provide them, tremendously
emphasized the ship purchase plans
Of the administration. uA
In doing so, however, they also en-,
! phasized the difficulties in the way of
private capital in this country pur-
chasing ships. our navigation laws and
the recent seamen's bills are In the
way. They put tax Of ~ TO 5o per
cent on flie American capitalist. No
ledy expects that congress Will modi-
~ the navigation laws materially or
! tflUt ~ vii ltDtil ttiit ioN'
Congress Must Decide.
Ii comes down to the proposition
that the United States shah provide
lthe means OF communication either
hy government owned ships as the
president asked, or by subsidies to
privately owned lines for which the
republican party has for a long time
fought ~
The issue will be up In congress
again this winter and something will
have 20 be. done with IL. The temper
of the delegates was that Il was time
the United States either Put iip or
shut up
This ~ the sixth conference Of the
kind and each one of its predecessors
has talked ships, credit. Investment
money for South America and all the
other subjects that have been touched
upon in this one, Hitherto the discus
sions have been academic and educa-
tional The latest partook of the
same character, but under il there was
IA note which said plainly TO the Unit
ed States, now is the time to act
Results Are Expected.
The results that will come from the
conference will be indirect but there
Ia "a feeling that they will he tangible
,his. ,irne rho nrostaant ara cecre.
tarv McAdoo win take hold Of Tho /
shin bill with renewed vigor at the
December meeting OF congress and If /
the republicans buck II on the old /
grounds of ''buyinp an international I
quarrel the president win go before
the country ON the proposition that |
he is being obstinately opposed in his /
efforts to bring TO fruition a grand /
policy of fall the Americas for all the (,
Americans q
Moreover. the republicans will be /
put in the hole If they do agree to the |
ship purchase plans by the additional /
fact that 10 make them profitable the |
United States will have To accent the
democratic idea Of n tariff This was
limited at by Assistant Secretary Pc
ters OF the treasury when, in sizing up
the conference. he said today:
f Commerce can not exist when its
advantages are largely on the side OF
one nation or set of nations All par
ticipants must benefit. South Amer i
lean trade does not mean only that |
che United States shall sell TO that
part of the world. II must mean also
that south America is to have free
access to the markets of the United