The interior journal. [volume] (Stanford, Ky.) 1912-1984, 1915-04-30
HELMS PLAN FOR PAN.
AMERICAN BANK At CANAL


the South and Central American
trade. He has embodied his i'd IN "a
bill which he will push iu the next scs-
sion of congress. The Washington
dispatch to the World says.
Washington, April "a. Repre-
sentative Helm uf Kentucky has a
plan to establish "A national bank at
Aucon, IN the Panama Canal Zone.
with hrauchcs elsewhere in that Coun-
try. lie would call 1t the pan-Ameri-
can Bank. and give II capital stock
of $4,000 900. divided into shares Of
par value of 500 each.
Just before Congress adjourned,
Nj Helm introduced a hill to iuCur-
puratc the pau.Amcricau Bank. and
when 10" Sixty !ogr,h ;UHEr, CON.
vcucs he will press 1t for action.
The commercial uc-up resulting
from the European war has convinced
every thinking man 900 this country
that foreign trade b. vital element
IN our domestic pro pcrlty and that
the Continents of North and South
America have greater identity of in
tcrc~t, than was ever realized before
said Mr. Helm To the World CORES
puudcut There never was time
when opportunity WA. knocking so
loud az our doors. The commerce and
business Of a continent are within
our grasp The manufacturing enter
pris,s IN Central and South America
are very limited, and u g. 90 this mat
ter that | wish the attention of the
country could be directed.
Pew. n any. of the republic. 60
the south of "a nave the means Of
transporting or delivering their pro-
ducts To any other country. Under cN-
istiug conditions all the trade of Cen
trail and South America flows across
the Atlantic Ocean; it ought 90 be
fIo~iuv from North America 90 Cen
traI and South America
About the only means of creating
commercial and uu-Iuc relations are
banking fu,.uuc-. trans rurtat'u.
pre-. bureau and mercantile agents.
Cu4cr o., Federal Rc.u, Act "a
BAN. with >louu.uun capital OH the
United State can establish % branch
ban. u amy of th, .uuurlc- m ,ra-
t.U cog South America. Ih.- Irn,I..
tuu. Iu my opinion. does NOT wre' the
conditions. What wc aryi D. d bank uf
sufficient proportion and magnitude
and Importance and prestige 60 han.
U.r the business 81 the continent
9TH, Government uf the Canal
Zone 0. going Co be- just as stable aud
steady a. me Tower .InIyIl '''
ON the Canal Zone 10 hcoumc- Id,utI-
ficd with the locality. Our Govern
mrnt J.. behind o.. That guarantees
confidence and makes 10 sure go.
Tho Government 90 the south of us
would bee inspired with confidence in
the Institution.
.ThI. i- mo- new proposition. IT, the
'itn'I'- I'''"''., ''"' III
rN'h /" proportions am" ''''"'s =.
STATE "'"lh' strongly ".'"' ' ",'" J., ~,
We nave "rN''P'i 'l,H ,...'''',' ',.'v
i"i the army "hd '''"","''u'V TOT
thc navy 200" l'' VS. %" "''.' "".
ne. "hhy We are ""l.L ~ "''
llihihE .'' "' "" - 'l'''
Eh.' lh' E"I"p'"" ""''' "i'''.''' "''
iIEhu'F. ,...-.....
f.- and ray. ,' a." ,"'''
nave Ntnu" an" .. Nil'i a." ~
luiclN Ih 'ht'l grasp '"' 'l""'. Nv
- o." reason why we ,'"".u ,"' up
ture H. L'l US SCI, ''" "l'''p''2 y.
Panama bonus Hhh >lHI' '"hh' 't
"a" start WIN S-''""""''''' e. ''ui'' VI,
i"S goo" ""Hh ""'' W., az az ~.
Lev thy '"\'I 'i men, -" u 1 ,'''
ty of the STOCK (>I''"u"'U""'' "hH '''
II Ice under the cou''"I col me f''''a
Reserve Board an" "u"'' th' l"7P''
ton "i me '"WPlI"''I OBJ ih' "''r
~. Let the I'ndl4It' '' LNe ''"'N "'
offered u" the pu'II,' ana u any re-
pubic Z" me r"Nlh '' u, W1h'1 u, -'
a. .'. Do nave an N'''I' We WIN h.
p'.mI. ll :" issue "'''. '' I '"'''''
a money lh'i'hE '.''i'''''''"t "hl
possibility OF expansion OF COM. "'
ton II '"uld nav, u" P"'''''' '"'''
Tor boarding money.
ne 'ountil'- '"u,u """"' ., y"
ma irrN' heip more 'i"h any ON, IN
people anyNtI' ON lh' t'""'. III
emancipation "i lhH>' S"un''''' NO"
London, turls ana h'i'!n 'I'"''' Mus
come from the Inli,a Hl"l'0
II the fauAna lana, u tolnI
Ice What we 'hi'h u ~ tn' 'oi'',','' -
of the world I" gong lhr"uEn 'n'ie
Big business 'luptn'"us '"s 7 ' -,
must move 'hInuEh 'h' 'AH"h an"
must nave 'lg uanl l" n"u"'S
NuvuH T. a, mu'h IN '"u'" w" u"
balance OF the W"rtH ~ any "ln'l .. ,eI
ter "i business. ou can le''t, az.
cable OF 7ehd "lIe''a' i''''H't'' t,on
A"'"n as lui'NN az w" ''" i'0'
New h"'t ny rl. n....t.....
ne I"l" I1.i,o " S s'"', ,, IN t6
oI 49,, ani ,' nycharo.s tnoyr to tbrn