Evening star., 1915-05-30
PAN-AMER|CANS GET
REPORTS Of GROUPS
Recommendations and Re-
quests of Various Nations
Are Heard.
BETTER TRANSPORTATION
AND BANKING NEEDED
Exchange of Students, Uniform
Classification of Goods and Skill
ed Travellers Suggested.

A complete review of the work of
South America and the United States
business men who met with representa-
tives of the various Latin American
republics was given yesterday by John
Bassett Moore before the pan-American
financial conference. 1t was the first
time the work of the various group
conferences has been collated and boil
ed down to short form. Mr.. Moore out
lined the principal recommendation OF
each country which had reported up
until noon yesterday, with the excep-
tion of Nicaragua. This republic adj
vocated a ratification of the treaty
now pending before the United States
Senate. Mr.. Moore, although mention
ing Nicaragua, did not mention the
treaty.
This digest does not include the work
of the uniform laws committee or the
transportation committee, but includes
only the recommendations of the vari-
Gus South American delegates and the
business men OF this country with
whom they met.
Bolivia Report.
First, the report of Bolivia is a full
review of the financial conditions and
trade and commerce, including its nat
ural resources. particularly it's min
erals. rubber. timber. fruit and live
stock. 1t also deals with the question
of railway extension transportation
ocean and interior; with the monetary
situation. banking and finance, and
commercial agency in connection with
or under the supervision of the United
States Chamber of Commerce.
Chilean Recommendation.
The group report of Chile recon-
mends the adoption by the various
countries Of legislation, first, to facili-
tate the drawing Of bills Of exchange
upon one another by the financial in
stitutions of South American countries
and the financial institutions of the
United States; second, to make bonded
| warehouse warrants and receipts avail
able as collateral security for the de.
velopment of international commerce
1T recommends the advisa bility OF
permitting the payment of such part
of the export duties on nitrates from
Chile to the United States, such parts
as are now paid In ninety days sight
drafts. sterling on London. in ninety
days sight drafts in dollars in New
York, at such rates Of exchange as
may be periodically fixed by the
Chilean authorities: also, that such
changes be made in the laws of the
United States as will enable bankers
to extend their credit, discount and re-
discount facilities SO as to conform to
the trade customs and necessities OF
Latin America. Ut also recommends
that permanent inter-American com
mission be established to study com
mercial problems and conditions.
Colombian Report.
The Colombian delegates recommend
first, special committees on uniform
law and on transportation for each
country similar to those appointed in
connection with this conference; sec
ond, the cooperation of those com
mittees in financial and commercial
matters; third. the consideration of the
establishment of general executive
council to meet in Washington at least
once a year: fourth. the consideration of
the appointment Of a board of en-
gineers to investigate projects which
require financing.
Costa Rican Survey.
The report of the Costa Rican
group gives a full survey of the pub
lie finances of that country. its none
tary situation. banking situation and
financing OF private enterprises: en-
phasiZes the need of trade facilities
and the extension of inter-American
markets. The subject of the merchant