Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-01-24
FINANCIAL ENJOYS
ARE. GUESTS TODAY
NAVAL ACADEMY
Secretary Daniels Host to
Visitors-Secretary Glass
to Entertain Tonight.

Delegates 10 the second pan-Ameri-
can financial conference, which con.
cluded its business sessions yester-
day. are today the guests Of Score
tary Daniels of the Navy Department
at the Naval Academy at Annapolis
and this evening they will be enter
tanned by Secretary Glass of the
Treasury Department at a dinner in the
Hall of the Americas in the Pan
American building.
1t had been arranged for many OF
the visitors to go to Annapolis by
motor. but because of the weather
they made the trip in special coaches
which left the Washington. Baltimore
and Annapolis terminal, at 18th street
and New York avenue. at s:45 O'Clock
dhiS morning. Luncheon was served
at the Academy. The return trip to
Washington was to begin shortly
after 5 o'clock
Tomorrow afternoon the delegates.
OF whom there are sixty will go to
Philadelphia and Monday will be spent
in visiting the large shipyards and
cinity- Monday evening they will go
10 New York city. where they will be
entertained before departing for their
respective countries in Central and
south America.
Final Recommendation.
The final recomm snda lions of the
conference were announced last night
reservations being noted by Bolivia.
Brazil and Venezuela. These. for the
most part, dealt with ampliflcations of
certain sections or suggested changes
in the wording of some paragraphs.
The recommendations were substan-
tally as follows:
That the name of the International
High Commission be changed to The
1nter-American High Commission"
the better to indicate its constituency
and sphere of work
That The of tho tYa a.
tion committee. recommending in
creased freight and passenger ocean
service to South America be transmit
ted 10 the United states Shipping
Board for consideration and action.
That tn recomme ndations dealing
with railroad transportation. postal
and telegraph facilities be sent to the
Inter-American High Commission for
action.
That the legislation of certain
states of this country be so modified
as TO permit operation of branches of
Latin American banks within their
jurisdiction. under proper regulation.
80 as to secure equality of treat
ment.
That the Inter-American High Com
uniformity and equality of treatment
in laws regulating foreign corpora
tons in Latin America.
That there be developed increased
Use of acceptances for the purpose of
financial transaction involving import
and export of goods. The hope is ex-
pressed that the United States will Of
fer a widening market for long time
Latin American securities.
International Gold Fund.
That the Inter-American High Com
mission be asked to further establish
ment of an international gold fund.
winch plan already has been adopted
That the Inter-American High Com
mission bring to the notice of the
American governments the desirabili-
ty of adopting a uniform law on the
subject of checks
That the inter-American high COM
missi6haebe asked to study the best
method OF avoiding simultaneous dou-
BILE taxation of individuals and corpo-
rations in Latin American countries.
That the american countries which
have not done SO ratify the conven,
ton adopted by the international
American congress at Buenos Aires
in 1910. for establishment of an inter
national bureau at Havana for regis
tration of trade marks.
That American countries which
have not done so ratify the conven-
ton adopted at Buenos Aires in 1910
concerning patents and copyrights.
That the Webb law be amended to
permit American companies. import
ing or dealing in raw materials pro-
duced abroad, to form, under proper
government regulations, organixa-
tons enabling such companies to COM
pete on terms of equality with COM
panies OF other countries associated
for the conduct of such business
That the commercial attache system
be extended. with appropriate train
ing for all branches of the foreign
service. as means Of developing COM
mercial relations.
Simultaneous Census.
That a simultaneous census be
taken by all American countries at
least every ten years. observing uni
formity of statistics.
That the metric system of weights
and measures be universally employ
ed, and until SUCH time as that is done
articles marked by the standards
used in the United States also be
marked according TO the metric sys-
TEN.
That the plan of arbitration of COM
mercial disputes in effect between the
Boisa de Commerce. of Buenos Aires
and the Chamber of Commerce of the
United States be adopted by all the
American countries
That the inter-American high COM
mission be. asked to study the ere
alton af an inter-American tribunal
for the adjustment OF questions of a
commercial or financial nature involving
two or more American countries and the
determination of such questions by law
and equity
That the Importation of raw mate
rails into any country shall not be
prevented by prohibitive duties.
That the banking interests of the
United States study the possibility of
financial relief to Europe by repaying
Latin American obligations held in
Europe by means OF new loans grant
cd IN the United States to the respec-
tive Latin American countries