The Washington herald., 1920-01-24

habited territories. waiting TO be peo-
Piled
South America needs sturdy
farmers for her great uncuitivated
tracts of farm lands. She needs
skilled laborers TO man her fac
tories and assist in her Industrial
growth A tremendous population
from Europe would supply these
demands.
should such immigration come.
South America will be the wars
great gamer. She will be more
self-dependent. and Americas cred
IL position in the world will mean
much less to her than it does now.
But such increase in population
lacking. the wars tendency will
be to retard South Americas de-
velopment-
Trade with Seufh America
Indications are that the United
States. for some time TO come. will
have no serious rival in South
American trade Asked about Eu-
ropean commerce with South
America Mr.. vanderlip frankly dis
cussed Europe's economic condi-
tions- In his view. Great Britain
and Belgium. Of all the European
countries. are by far in the best
position TO do business with Latin
America ITALY is handicapped and
Germany is seriously handicapped
he declared
European trade Mr.. vanderifp
continued. is absolutely necessary.
So far as Europe can restore her
trade. she can restore her life.
Europe must feed more than lO0,-
100000 people by foreign trade. or
she cannot live"
The American representatives and
advisers TO the conference, general
ly left for home last night Besides
Mr. Vanderlip. these included many
OF Americas biggest bankers and
business men They cooperated with
the Secretary of the Treasury and
Hon. John Barrett director general
Of the Pan American Union, in max
Ing the second Pan American fnan-
cial conference an illuminated page
In the history Of Pan American re-
lationa
South Are~iesn Zewa
DR.. Ricardo Aldao. an oficdal del
gate from Argentina. discussed the
tine angle. His observations. how
the whole LAtin-American point Of
view. This was sonserSSSg more
than a financial conference" he de-
clared: this has been a real educa-
tionsl conference.
There was a time when the little
South American republics were sus-
pictous OF the big American repub-
lic." DR.. Aldao continued. We felt
Ike tiny fsh- darting. frighten-
ed. about IN the sea, where there
was a great big fish We didn't
know whether or not the big fish
would swallow us. OF course. this
was never the sentiment OF instruct
ed persons. but Il was public opin-
ion and public opinion had 70 be
reckoned with.
Now. the clear truth is known
and suspicion and fear are gone.
never TO return We know the
United States is the big brother.
only wishing TO Cooperate and
work for the welfare. prosperity
and happiness of his smaller Re-
publican brothers. These Pan Amer
lean conferences have helped to
dispel all doubts. and this confer
ence has been the most important
OF all. / believe in these meetings.
and / favor more OF them They
not only promote Pan. American
friendship but Pan American con-
fidence-
I'VE appreciate Americas present
financial status and her credit situ-
alton. and do not ask the impossi-
BILE or the impracticable- This is
not the moment for us TO seek in
vestment on the American market:
that can come later. II is enough
for US to have come together again.
grasped hands a little more firmly
and mutually prepared for the
future.
HaNc Roou Eor MIuIou.