The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-06-16

MOVERS SEE
BRIGHT FUTURE
GREAT FORWARD MOVEMENT
THAT WOULD SAVE EUROPE
FROM INDUSTRIAL COLLAPSE
LAUNCHED.

Washington, June 14-PracticaI
Pan-Americanism has been given a
great forward movement which can
save Europe from impending indus
trial collapse. The outward nantes
tation of this new All-American spirit
was brought emphatically to light at
the second Pan American commercial
conference which met in Washington
June to s, in response to a call by
the governing board of the Pan
American Union. composed of the
secretary of state, of the United
States, and the diplomatic representa-
tives in Washington of Latin America
At this conference it was asserted
by Frank A. Vander1ip that Europe
is balanced On a knife's edge" and
is threatened with industrial catas-
trophe which will involve the western
hemisphere in the conf1agration that
may follow. He said that the Amer
lean republics must come to the aid
Of Europe and expressed the belief
that if this We're done the disaster
would be averted.
Unprecedented interest In Pan
American affairs has been aroused
as a result of this most important
International conference, organized
and presided over by Director Gem
eral John Barrett. and attended by
1,1S1 official and unofficial CONNER
cial experts and business men of the
United States and Latin America.
All through South America and the
other Pan American countries deep
interest has been shown in the COM
merciaI conference just held and in
the results expected to follow. sum
married., these make clear the desire
and the readiness of the southern re-
pubIics to enter into a more full and
free commercial intercourse with the
United States; and their further de-
sire to develop to a greater degree
than has yet been possible the vast
natural resources which they possess,
although to do this financial aid from
the United States will be necessary
in many cases. This need was pointed
out specifically at the conference by
Senior DR.. Francisco Tudela Varela,
ambassador of Peru, and by Senior
Ignacio Calderon, minister of Bolivia,
both of whom declared that the in
vestment of American capital would
be welcomed for 1.-THE development of
the industries and resources oil the
southern nations.
In connection with the upbuIldlng
of this Pan-American commerce,
Senior Beltran Matthew, ambassador
of Chile. made the assertion that firm
commercial ties mean the building up
of sound diplomacy; and he told the
commercial representatives. of the
United States and Latin America
present at the conference, that they
belong to the great army of we'll
intentioned men who spread peace
throughout the world The ministers
of Cuba, Venezuela, Ecuador, Nlcara-
qua. Paraguay and Haiti, the counsel
or of the Mexican embassy and Inc
charge d'affaires of a number of the
other Latin American mission par
ticipated actively in the deliberations
of the conference.
Among other prominent Latin
Americans on the program We're Or.
Augusta Villanueva, of SANTIAGO
president of the Bank of Chile, VINO
smoke on the banking situation or MS
country; senior Julio Zamora, f1nan-
ciaI agent of Bolivia, who mace
strong plea for certain reforms III
Pan-American business methodsi
Sano, lose Santiago Rodriguez, OF the
snacial financial mission from Nene-
zueIa. DIR. Mario Diaz 1rizar, director
Of the international trade mark reg
istration bureau, Havana, CUBA anu
many others.
AS an outcome of the second PAN
American commercial conference, the
important announcements made there
by government officials in regard to |
the future trade relations with Latin |
America, and the discussion by COM /
mercial experts, it is felt by those |
here in close touch with the situation /
that results of most far-reaching
follow. Probably no other announce
nent at the conference aroused such
intense and widespread, interest as
hat of Edward n. Hurley, Chairman
If the United States shipping board.
Is to the plans Of the board for es-
shipping facilities that
shall be direct and adequate to the
needs of Pan-American
rade.' This was a definite promise
which the representative of all the
latin American countries present re- /
eived with the greatest delight.
dany of them expressed the satisfac-
ion which they felt over Mr. hur-
ey's important announcement No
ATTN American country is to be neg
ected, he told the conference. in tho
lans which the shipping board is ;
Torlxing out.
OF almost, if not equal interest, is Z
he coming second Pan American
financial conference, called by Presi-
ent Wilson, and the announcement
which was made at the CONNER
ial conference by DIR. L. S. Rowe,
ssistant secretary of the treasury
With its purpose of studying the
hanged financial needs of the Amer
as as result of war. this meeting
hitch is to be held in January, 1920.
looked forward TO with eager an
cipation.
When Charles NJ. Schwab, standing
4 the same platform in the beautiful
all Of the Americas where Mr. Yan-l