South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-06-06
MEXICO PROTECTS
ALL INVESTMENTS
Republic South of Rio Grande
viii Pay All Her
Debts.

WASHINGTON, June s.-Mexico
will protect all foreign investments
IN that country, and II other coun-
tries only are patient. Mexico will
pay all OF her debts. Or. Juan 3.
Rojo. counsellor and charge daft
flares ad interim OF the Mexican
embassy. Thursday told hte Pan
American Commercial congress. His
words Il assure you all foreign in
vestments in Mexico are safe and
Will be protected" brought a storm
Of applause from the large gathering
of representative OF the Latin
American countries and the United
States.
Mexico is now in the reconstruc-
ton period" DR.. Roio said "AH
that she wants Is that, rather than
handicapping her at every moment,
outsiders may be a little patient, as
Mexico has always paid what she
owed. And the longer they have
waited for Us 10 pay. the dearer IL
has cost US.
Will Never Go Backward.
If countries as strong as Great
Britain snd the United States are
experiencing a difficult social and
economic condition, IL is not fair TO
expect from Mexico the same cOndi-
tons that prevailed there in 1910
The world shall never go backward.
and the state Of affairs created by
the social movements of my coun-
try Is as impossible 10 eliminate as
the conditions created here and In
Europe by the war;
Referring 10 the statement before
the congress at its opening session
By Speaker Gtllett, of the h~lse OF
representatives, that the present
condition Of Mexico was the great
est impediment to trade and fellow
ship in the western hemisphere, DR..
Rojo said: All OF you nave un-
doubtedly heard Of the explosion Of
the second bomb-the one thrown
upon Mexico by the speaker of the
house."
Frank A Vanderlip. former pres
ident OF the National City bank OF
New York, gave hope TO delegates
interested in the promotion of trade
between the United States and
Latin-America by stating that from
his investigation of conditions in
Europe, nations OF that continent
would be unable TO resume trade re-
lations with Latin-America for sew
eral years. Charles NJ. Schwab.
president OF the Bethlehem Steel
corporation, said that in South
America lay the future source of
many OF these nations raw mate
rails.
Augusta ViIlanueva. president OF
the Bank of Chile. and Julio Sa-
mora. financial agent of the Bolivian
government. were other speakers at
Thursdays sessions,
Praise News Services.
The afternoon session was devot-
ed TO engineering discussions, espe-
cially as related TO railways and
highways as aids to commerce, and
10 sanitary engineering in the cOun-
tries Of Latin-America- Papers
were read by Mai. George A. Soper.
representing the sanitary corps OF
the surgeon generals office. u. S. A;
DIR. Walter G. Kretz, of New York;
Percival Farquhar. New York: II. c.
Parmalee, and II. II. Merrick. pres
ident of the Chicago chamber Of
commerce.
Herbert S. Houston, Of New York.
editor OF FL Revista del Munda,
speaking at the evening session of
pan American journalism. said ex-
tention by American press assOcia-
tiOns OF service to South America
had an incalculable importance.
The pan-American press as the
great torch Of news" said Mr.. Hous-
ton. has recently had its light vast
" increased by the enterprise of the
Associated Press and the United
Press in charging their news serv-
ice between the continents. Il