The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1920-02-14
ALL AMERICA IS
NOW IN ACCORD
AMICABLE RELATIONS EXISTING
DEMONSTRATED IN SECOND
FINANCIAL CONGRESS.
MEXICO Is ONLY SORE SPOT
Other Governments of the Western
Hemisphere Are Working Together
for the Permanent Solution of Nu-
merous international Problems.
BY JAMES p. HoRNADAY.

merous international Problems.
BY JAMES p. HORNADAY.
Washington. - Whatever the rela-
lions between the United States and
the world as a whole may be in the
future, ii can be said with certainty
that this cOuntry's relations with the
nations CT the western hemisphere
were never before as cordial as they
are ut this time. If anything were
needed TO demonstrate the good rela-
tionship existing between the govern
ments of the Americas, the meeting of
the second Pan-American financial
conference, which has just concluded
weeks session here, supplied that
need. Every government, from the
Canadian border on the north to Cape
Horn on the south, was represented
at this conference. A spirit of one
ness so far as the United States, Cen
trail and South America are concerned
dominated the meeting. The only fly
In the ointment was Mexico, and even
with respect to that unruly neighbOr
there was the general feeling that In
time she will behave herself. There
Is now a sort of unwritten understand
ing that the United States and the
South and Central American govern
ments wiz work together for the good
of each other and for the good of the
whole world
For a good many years the United
States and the American governments
to the south Of her, with the exception
of Mexico. have been inclining toward
harmonious family, but it was not
until March. 1915, that the first actual
step toward complete unity of
thought and purpose was taken. On
March IL. 1915, President Wilson in
vited all the American governments to
send delegates to a conference with
the secretary of the treasury here
with a view to establishing "clOser
and more satisfactory financial rela-
tons between the American republics
Started Five Years Ago.
1t thus came about that there as
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
and improved facilities CT transporta
ton. 1t was q program that went be
yond the emergencies growing out o.
the war. which at that time was be
ginning to draw the world into it's vor
tex. The conference did not confin'
itself to the adoption of temporar!
devices; 1t sought to meet perma
nent need by establishing an organiza
ton which should devote itself to TIT
carrying out of a task whose impor
lance was not to be measured by TEN
porary conditions, whether of war o
peace.
The thought behind that first finan
| cial conference of the Americas wa
that If the countries of the western
hemisphere could be bound togethe
financially they would be bound to
gether every other way. That thought
1t seems. fell on fertile soil for all tn
countries of the western hemisphere
with the exception of Mexico, hav
since the adjournment of that frs
financial conference worked togethe
for the solution of numerous problems
Subjects That Are Handled.
An organization which took tn
name of the international high com
| mission was created at that first Pan
American financial conference. and 1
Is through this organization that tn
governments of the Americas hay
worked together tremendously. TIL
international high commission held IT
first general meeting at Buenos Aire
In April. 1916. At that meeting it in
cluded in its deliberations the question
of international agreements touchin
the Americas, on uniform labor legis
lation. the uniformity of regulation
covering classification and analysis O
petroleum and other mineral fuels
with reference to national develop
ment policies. the necessity of bette
transportation facilities between tn
American republics better banking ia
cilities: the extension of credit: tn
financing of public and private enter
prises. and the sterilization of inter
national exchange; telegraph facilitie
and rates. and the use of wirele
telegraphy for commercial purposes
Work on all these subjects has bee
steadily and energetically pressed. a
was shown at the second Pan-AmerI
can conference. which has Just close
its sessions here.
Panama Canal Prosperinp.
| The Panama canal is just begin
ming to demonstrate its real worth
The period of time that elapse
between its completion and the begin
ming of the world war in 1914 was s.
brief that the United States was no
| ahto IN Uain apoura 70 informot;o,, a.. 4.