New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1920-02-13
ALL AMERICA IS
NOW IN ACCORD
AMiCA6LE RELATIONS EXISTING
DEMONSTRATED IN SECOND
FINANCIAL CONGRESS.
MEXICO IS ONLY SORE SPOT
otner Governments Of the Western
hemisphere Are Working Together
Tor the Permanent Solution Of Nu-
merous international Problems.

Tor the Permanent Solution Of NJ
merous international Problems.
~ JAMES p. HoRNADAY.
Washington. - Whatever the rela,
ions between the United States and
,he world as a whole may be in the
future, 1t can be said with certainty
mat this country's relations with the
buttons of the western hemisphere
were never before as cordial as they
are AT this time. If anything were
heeded to demonstrate the good rela-
uohship existing between the govern
nhehts OF The Americas, the meeting of
'he second Pan-American financial
conference. which has just concluded
Il week session here, supplied that
e Every government. from the
ahadi border on the north to Cape
morn on he south, was represented
III this conference. A spirit of one
ness SD far ms the United States, Cen
'rai ana South America are concerned
dominated the meeting. The only fly
IN the ointment was Mexico, and even
with respect to that unruly ~neighbor
mere was the general feeling that I'm
tiine she Will behave herself. There
Is now II sort of unwritten understands
ing that the United States and the
South and Central American govern
ments Will work together for the good
or each other and for the good of the
whole world.
FOR a good many years the United
STATES and the American governments
10 Inc south of her. with the exception
or Mexico, have been inclining toward
a harmonious family, but it was not
untsl March. 1915, that the first actual
step toward complete unity of
thought and purpose was taken. On
March II, 1915, President Wilson in
Nited all the American governments to
send delegates to n conference with
the secretary Of the treasury here
with a view TO establishing 'closer
ana more satisfactory financial rela-
uohs 1--WE the American republics"
Started Five Years Ago.
It thus came about that there MS.
sembled In Washington on Monday.
May "a, 1915, under the Craftsmanship
of the secretary of the treasury, the
first Pan-American financial confer
ence The subjects submitted to the
conference embraced public finance,
the monetary situation. the existing
banking situation, the financing of pub
lie improvements and all private en-
terprises. the extension OF inter-Amer.
lean markets, the merchant marine
?nG Improved facilities of transporta-
tion. II was n program that went be-
yond the emergencies growing out of
the war. which Mt that time was be-
ginning to draw the world into its vOr-
tex. The conference did not confine
itself to the adoption OF temporary
devices; 1t sought to meet n perma-
nent need by establishing an organlza-
ton which should devote itself to the
carrying out of a task whose impor-
lance was not to be measured by tenn
porary conditions. whether OF war or
peace.
The thought behind that first finan-
cial conference Of the Americas was
that II the countries OF the western
hemisphere could be bound together
they would be bound to- |
gether every other way. That thought
IL seems, fell on fertile soil for~lHx.he |
countries Of the western hemisphere,
with the exception Of Mexico. have
since the adjournment of that first
financial conference worked together
for the solution Of numerous problems.
Subjects That Are Handled.
An organization which took the
of the international high COM
mission was created at that first Pan
American financial conference, and II
IS through this organization that the
governments of the Americas have
together tremendously. The
International high commission held It's
irst general meeting at Buenos Aires
n April, 1916. At that meeting II In
,luded in its deliberations the question
international agreements touching
he Americas, on uniform labor legis-
alton. the uniformity OF regulations
classification and analysis of
petroleum and other mineral fuels.
With reference to national develop.
neht policies, the necessity of better
transportation facilities between the
american republics; better banking ia.
ilities; the extension OF credit; the
inancing Of public and private enter
rises. and the sterilization of inter
Iational exchange; telegraph facilities
nd rates, and the use Of wirele $
for commercial PURPOSES.
York on all these subjects has been
and energetically pressed. as
shown at the second Pan-Ameri.
conference. which has just closed
IS sessions here.
Panama Canal Prospecting. j.,
The Panama canal is just begin
ing to demonstrate its real worth.
he period Of time that elapsed ,
its completion and the begin +,
ing Of the world wal in 1914 was so /,
REF that the United States was not 7
Bile 10 gain accurate information as TO !
3 usefulness. and as to Its success !
nancially. As the var progressed q
he waterway naturally became Of less /
During the last two /
sars its traffic was limited largely to a
le coastwise trade Of the western 4