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

Delegates TO the second pan-Ameri-
can financial conference, which con-
cluded its business sessions yester-
GAY, are today the guests Of Secre-
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 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 9:45 O'Clock
this 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
other big industrial plants in that vi
cinity. Monday evening they will go
10 New York city. where they will be
enterta ined before departing for their
respective countries in Central and
south America.
Final Recomme n atiOns.
The final recommendations of the
conference were announced last night,
Brazil and Venezuela. These. for the
most part, dealt with ampliflcations of
certain sections or suggested changes
in the wording of some paragraphs.
The reconNm endations were substan-
tally as follows:
That the name of the International
High Commission be changed to The
Inter-American High Commission"
the better to indicate its constituency
and sphere of work.
That of 10 "a
tion committee. recommending in
creased freight and passenger ocean
service to South America be transmit
ted TO the United states Shipping
Board for consideration and action.
That tn recommendations 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.
so as to secure equality of treat
ment.
That the Inter-American High Com
mission study possibility of securing
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 widening market for longtime
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
by several South American republics.
That the InterAmerican High Com
mission bring to the notice of the
ty of adopting a uniform law on the
subject of checks.
That the inter-American high COM
missi0feAbe asked to study the best
method OF avoiding simultaneous dou-
BILE taxa ton of individuals and corpo-
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, organiza-
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 A means of developing com
mercial relations.
Simultaneous Census.
That 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.
merclal disputes in effect between the
Bolsa de Commerce. of Buenos Aires
and the Chamber of Commerce OF the
United States be adopted by all the
American countries
That the fnter.American high COM
mission be. asked to study the crr-
alton af an inter-Anerican 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 amy 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