Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-10-17
NEW ENJOYS SENT
BY LATIN AMERICA
DR.. Bianchi of Guatemala Comes as First
Since Upheaval-Dominican Interests
Again Represented by Joubert.

and the newly established department
of agriculture in the republic has
designated them to bring back all
available information on the cattle
and dairying Industries in this coun-
try.
The land is rich in minerals-lead.
steel. gold and asbestos, There are
oil fields, which have been undevel-
oped because of a law which practi-
cally barred foreign exploitation. This
law, it is stated, probably will be
| amended before many months have
passed.
An agricultural college has been
established in Guatemala. and stu
dents will be sent to the United States
soon to attend such institutions here,
following example set by several
other republics of Latin America.
Capital for developing Guatemala
must be had. DIR. Bianchi states. and
his people look to America for CO.
operation and leadership in their new
enterprises.
Rear Admiral Henry F. Bryan. in
command of the special service squad
ron for duty in Latin American wa
tiers. will represent the American
Navy at the celebration In valparaiso.
Chile, concentrating the discovery
of the Straits of Magellan. Two light
cruisers have been ordered to Chile
for the ceremonies.
Cuban Financial Situation.
Officials here are inclined to believe
the serious financial situation in Cuba.
which has resulted in the declaration
of a moratorium for fifty days by
President Menocal, is the result Of
Cuban prosperity during the last sew
eral years. During the maintenance
of high prices of sugar in Cuba, it rs
stated, number of mushroom,
banks came into existence. and all
banks accepted the paper of the sugar
growers. This paper decreased in value
suddenly when the bottom dropped
out of the sugar market. The addi-
tional strain of bearing the expense
| Of the new sugar crop was too mucp
for the banks to stand
The commissioner of internal reve-
nue. now has before him a memoran-
dunn on the subject of double taxation
for Americans living in South Amer
| lea, which has been prepared by q. Il.
Davis Of New York. secretary of the
National Foreign Trade Council. The
| commissioner has been asked for ar,
| opinion on the subject and his de5
cision is eagerly awaited.
The United States requires an In
come tax from her citizens in foreign
countries. South American republics
or the majority of them. also require
an income tax from Americans who
are engaged in South American busis
ness. This necessitates double tax
| alton. A recent ruling of the bureau
| of internal revenue. however, allows
a deduction in a citizens income tax
| when that citizen already has paid
to a foreign country another income
| tax. .
The question has arisen whether
| the deduction is from the total tax
or from the total income. Mr.. Davis
recently notified Americans in Rio de
Janeiro that they could deduct the
tax paid Brazil from the tax due in
America. His decision was disputed.
| it being suggested that the tax paid
Brazil could be deducted only from
the total income. Much interest TX
attached to the expected decision by
the commissioner Of internal revenue
| as thousands of dollars are involved
Bolivian Aims.
According to news received here by
the Bolivian legation, members OF the
new government are carrying out the
principles of political liberty and tof-
erance for which they claim to have
| fought. Censorship of the press has
been lifted and the stringent printing
laws have been suspended. The great
er part of those deported after the
coup d'etat" are now beng allowed
to return to the country, il is stated,
although no general amnesty has been
| allowed. The various public works
started by the new government are
being continued, it is stated, and the
construction of two railroads is in fun
l swing.