Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1916-05-28
SOUTH AMERICA
NOW WELCOMES
help OF U. S.
Recent Pan-American Con.
gress at Buenos Aires
Marks Big Change.

Buenos Aires, Argentina, April 80
-(Corrsspondence OF The! Associat-
ed Press)-The meeting of the Pan.
American financial congress known
as the International High commits.
sion just concluded in this city is the
outstanding political event of the
month and in many quarters it is be-
lieved that it marks a great change
for the better in relations between
the North and the South. In recall
ing the Pan-American conference
which assembled here in 1910, it is
remembered that there was at that
time no little fear that under the
aegits of Pan-Americanism the
United States was bent upon car. "
ing out policy of commercial pene-
tration which might be followed later
by American imperialism, or the
yankee danger" as local organs Of
opinion phrased it. The SOLEMN as
surance which American statesmen,
notably President Wilson and Colo
mel Roosevelt, have given to the con-
trary time after time now sesms to
have done much to overcome this
prejudice and today Latin-America IS
said to be not merely willing to be-
Meve in the benevolent designs of
American policy, but in the good faith
of the American people and inciden-
tally in the great natural advantages
which must acrue from the compile
ton of the Pan-American program.
During the stay of the American
delegates, headed by Secretary Will
liam G. McAdoo of the department Of
the treasury, they were accorded
most cordial welcome by public and
privatel corporations and bodies. The
national government displayed its
interest and lavished every con-
sidsration upon the visitors.
Mr.. McAdoo, presiding at the con-
ference, was particularly successful
in imprsssing the Latin-American
delegates with the need of increasing
the means of transportation between
the Americas. 1t is now realized to
how great an extsnt the Western
world has relied upon European ves-
sells, and it is recognized that hence
forth for years the development OIL
European commerce. and trade will
and it is admitted freely among the
0OutA AlASl1C0A uOlOSalCS lAdL LAC
United States alone is in position
financially and industrially to pro-
vide the material of an international
maritime fleet. There is, however. a
prevailing opinion that every nation
of the Union should contribute SUBJ
sides to the upkeep and remunera-
ton Of the fleet, according to the
volumes of each nations commerce.
Accept q. s. Leadership.
Uniformity of the monetary system,
of commercial usages, documents. |
manifests and custom house routine,
banking facilities and credit, was
another of the complex problems dis
cussed. AS in the case Of the pro-
posed International fleet the Latin
American delegates frankly recog-
Inized that the United States was the
country best able to organize the de-
sired changes on financial basis. In
other words 1t recognized that Amer
Acan financial organization, carried
out in sympathy with Latin-Ameri.
can aspirations, and with due regard
TO the debility and state of COM
mercbal development in the smaller
Etates, would be welcomed because
PAOSt OC6Ald O4C anu CcIldlA W 6lNc |
Eventually good results.
1 The congress expressed itself
ftrongly in favor of the compulsory
saching, in all school throughout the
Pan-American Union, of the langu-
agss spoken in the American repub-
!cs-English, French, Spanish and
Portuguese. Another detail was the |
Fote in favor Of reciprocity in re-
gard to the treatment of commercial
travellers. This is a matter Of enorm-
us local interest, for in Argentina
he traveller who proposes to tour
he republic, or the concern which
ecides to send representatives into
he provinces, has to pay separate
cense for every province as we'll
a national license. The rule ap-l
ears to be that the smaller the
bance of business being done the
lore exorbitant the charge, exacted