The Sunday telegram. [volume] (Clarksburg, W. Va.) 1914-1927, 1915-04-25
Promises to Be Biggest Gather
ing of Its Kind in History Of
Western Hemisphere.

sE H1AsoF1ASI51ON,8 apr 24--ln view
OF the great number OF requests for
specific Information regarding the
coming Pan American Financial
Congress which have been received
In the office of the Pan American
Union from newspapers, magazines.
trade publications. bankers. finan-
8clers and others Interested. Director
General John Barrett has issued the
following statement:
t58 The Pan American Financial Con
terence which has been called by the
secretary Of the treasury. William G..
NicAdoo. to meet in Washington. May
24s bids fair to be the most represen-
tat1re gathering of American fnan-
clers which has ever assembled on
the western hemisphere. In some
respects it has possibilities Of being
the most important international CON
ference which has met in he United
States since the first great interna-
tional conference of American repub-
lies which was held in washington
In the water of 18s9-139n and pre-
stdede over by James C. Blaine. then
secretary of state
At this writing seventeen of the
twenty Latin American governments
have formally accepted the invitation
to participate which was extended to
them by President Wilson through
the state department. Twelve Of the
republics. namely. Argentina. Bolivia,
Chile, Colombia, Costa RIGA. Domin-
lean Republic. Nicaragua. Panama.
Paraguay. Peru. Salvador and Tru-
quay. Five others. Ecuador. Guat-
emala. Honduras. Venezuela and
Cuba have announced that they will
presently appoint their delegates.
Two other countries. Brazil and Haiti
have not yet accepted the invitation.
but will probably take action in the
near future. Mexico can not be ex-
8pected to be represented under pres
ent# conditions, although it has been
suggested that some prominent Mex
lean hnanciers. not connected with
the revolutionary factions, beinvited
to participate.
The official call for the conference
In the diplomatic and consular APP
preparation bill passed at the last
Congress. as follows:
The president is hereby author
lied to extend to the governments
of Central and South America an in
vitation to be represented BY their
ministers of finance and leading bank
ers. not exceeding three in number in
each case, to attend conference
with the secretary OF the treasury
in the city of Washington at such
date as shall be determined BY the
president, with view of establish
Ing closer and more satisfactory fin
ancial relations between their coun-
tries and the United States Of Amer
lea, and authority is hereby given to
the secretary of the treasury to in
fyite. in his discretion. representative
bankers Of the United States to par
ticipate in said conference, and for
the purpose of meeting such actual
and necessary expenses as may be
incidental to the meeting OF said con
ference and for the entertainment Of
the conferees the sum of $4,000 is
hereby appropriated. out of any
money in the treasury not otherwise
appropriated. to be expended under
the direction of the secretary Of the
treasury"
BY the wording or this provision.
sit will be noted that each country IS
entitled to four delegates. although.
several of he countries will prob
ably send only two or three. It can
be safely assumed. therefore, that
fully sixty delegates will attend the
conference from the twenty Latin
American republics. This will make
indeed notable gathering worthy
OF practical and reciprocal interest
on the part Of bankers and financiers
of the United States. and it is to be
hoped not only that the newspapers
of the United States will show partic-
sular interest in this gathering but
that he financial and business organ.
izaions and men OF the country will
manifest a spirit of hospitality and
appreciation or the coming Of these
Latin American men OF distinction
which will react farorably upon the
Latin American governments and
peoples.
The delegates from the southern
countries will be guests OF the United
States government from the time of
\ their arrival in this country until the
conference or the program connected
with 1T is concluded The session
n, n-<e.