Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-01-22
AMERICAS WANT BIC LOANS
NATIONAL GROUP MEETINGS
DISCUSS NEEDS OF LATlNS
ran american Financial Conference to
Henr Hecommendntions of Conn
mlttc~s Today.
lpy AssaciAt.d p-css !,

WASHINGTON. Jan. 2l-Delcgatcs
70 the Pan American Financial Con-
sress completed today their intensive
study OF particular national problems
as carried on in group sessions with
American business men acting as adj
o! secretary Of state and Mrs. Lansing
At an official reception at the Pan.
american Union. The national groups
VIII report tomorrow TO the Congress
as hole ut two general sessions
The national group conferences In a
hummer OF cases adopted resolutions
American bankers the granting OF
loans 10 South American republics. Dr.
Luts B0rja, Financial Minister of Euca-
dor. reported TO and obtainch adoption
by his national group of a plan for
the rctundins of the entire Internal
and external debt OF the country. in
ing OF surplus 10 be used in rail-
road construction.
N'caraEuan delegates asked for a
loan OF sa,"00,0O0 10 complete railroad
lines now under construction, and the
Goiivian representatives in addition TO
loan asked yesterday for railroads.
suggested that further financing be at
tempted by United States bankers. for
SANITARY and transportation improve
ments within the country.
Cuban Property Great.
The Cuban delegation rcportcd un-
favorable trade balance of 5000. 000,-
ooo In 1919. and a national budget OF
s e;nhhiG,inSeS oy the Cubans was the pos
o. sugar, and 10 avert that the general
Congress XII be asked TO oppose any
Tan Amcriean countries. Removal of
rcStrictions on tourist travel also was
asked by the CubanS.
number Of commercial recommen-
cations were decided upon by the
brazilian group in including the iimita
ION Oh custom taxes on commercial
cells pos. and the establishment OF
improved communication by wireless
The Brazilians also suggested the
establishment of an International
training ground for the development
or an aviation service between the
post purposes. The delegates voted to
request the governments OF the United
states and Brazil TO appoint a joint
possibilities. More and larger ships
were asked for b. the BrazIIians for
the trade between the two continents.
Want Better Ship Service.
a. Many any Of the other groups touched
asked ihat an expert DC appointed to
report 10 the governments concerned
inc possibilities II improving present
steamship service and the representa-
tivcs from Paraguay asserted that pas
ysengc- and mail communication be
tween the United States and tho River
satisfactory than communication be
tween the same ports and Europe. The
letter strongly urged the Cnitcd States
SnippinS Board TO establish of fort :
nigntly saiiinEs of faster boats to these
Or. Adolso Cardcnas Of the Sicara-
qua delegation announced that cdnca
tlonai authorities in his country were
arranging TO employ an American cdu
vatoF. whose duty 1t would he to re-
schools.
The Dominican republic committee
opened for s5,oo0,0o0 loan from
United states sources TO be secured
.! lien on customs revenue, and ex-
ncnucd on internal improvements. De.
Nclopmcnts within the country iustify
the step. tho group asserted.