The Washington herald., 1915-05-26
FINANCIERS DESIRE
INTERNATIONAL COURT
CONTINUED FROM PAGE ONE.

A. Barton Hepburn. a New York A.
nancier, followed up the address of
Senior Triana with remarks in a sim
liar strain. favoring "a warning of
hands off to the rest of the world: a
Monroe doctrine amplified and en-
larged."
Secretary of the Treasury McAdoo, who
presided. announced that congratulations
had been cabled to the president of Ar
gentina on the anniversary Of the coun-
try's independence.
Mortimer SchiH Speaks.
Among the others who spoke were
Mortimer Schiff, of the Schiff Banking
House, who expressed the opinion that
the United states was not in a position
to finance the world or even the hemis-
phere except to a limited extent; Sam
uel Hale Pearson, who discussed the
lack of transportation facilities between.
North and South America, and Senior
Juan Cueva Garcia. Of Ecuador, who
told of the high transportation rates eX-
listing between ports in his country and
the Panama Canal
a summary of what transpired at the
group conferences yesterday afternoon
WAS given out by the press bureau of the
Pam American Conference last night. Ac-
cordinS to this summary the Hondurean
Off English control Of their railroads
Cuba and Salvador discussed the possibil-
ity of reciprocity treaties with the United
States.
The Salvadorean delegates asked for
the establishment of a branch bank with
a capital of S1O.009.OOo. and recommended
improvements in the business customs of
American exporters. The Bolivian dele
CATION described the opportunities for
foreign investment in Bolivia. now that
European capital Is cut off by the war
The NicaraGuan delegate declared that
II American firms desire to increase their
trade they must grant the same Ion"
terms that European exporters have
granted in the past. At the Paraguayan
conference it was declared to be indis
pensable that Paraguay obtain loan
for the purpose of establishing a sound
monetary system. Peru asked for a
branch bank.
WashinHtOnians On Com mittees.
The following Westinghouse were
yesterday assigned to meet the various
conference committees:
F. A. Delano, Federal Reserve Board,
Argentina group; Milton c. Elliott. coun-
sci of Federal Reserve Board. Bolivia: Sd
ward n. Hurley. Federal Trade Commits
sion. Bolivia: Paul NJ. Warburg. Federal
reserve bodru, brazil, JOnn burke, Treas
urer of the United States, and Elliott II.
Goodwin, secretary of the United States
Chamber Of Commerce. Salvador: Charles
S. Hamlin governor of the Federal Re-
serve Board. Chile; Adolph C. Miller
Federal Reserve Board. and John Barrett
director of the Pan-American Union.
and Fairfax Harrison. president of the
Southern Railway, Cuba.
A. G. Chaplain. president Of the Com
mercial National Bank. Peru; w. T. Gal
liner. president of the American National
Bank. Honduras; Byron r. Newton. As
sistant Secretary of the Treasury; Charles
J. Brand. Department of Agriculture. and
Robert n. Harper. president of the Dis
trict National Bank. Costa Rica: William
p. Malburn. Assistant Secretary of the
Treasury; DR.. Glen L. Swiggett, Pan
American Union: Charles w. Warden,
president of the Continental Trust Com
pany. Guatemala; Will II. Parry. Federal
Trade Commission, Ecuador; Joseph E.
Davies, chairman Federal Trade Commits
sion. and Frank E. Gorrell, secretary Ma
tional Gamers Association, Colombia.
William ]. Harris. Federal Trade Com
mission: F. J. Yanes. Pan-American I'm
ion; John Joy Edison. president Washing
ton Loan and Trust Company. Venezuela;
George Rublee. Federal Trade Commits
sion Uruguay