Evening star., 1921-04-08
MEXICAN BUSINESS.
I
MEN ENTERTAINED
Delegates, on Tour, Given
Luncheon Here by U. s. !
Chamber of Commerce,

After an extended tour Of inspec.
ton of the principal commercial. cen
ters Of the United States, in the In.
terest of fostering closer trade reia!
tfons between this country and Mexi.
co. special delegation of Mexican
business men representing the Con-
federation of Mexican Chambers Of
Commerce. were entertained at lunch
con yesterday by the United states
| Chamber of Commerce at the Hotel
/ Washington.
In brief address of welcome, Js-
seph II. Defries. president of the
American body. who presided. de-
scribed the mission of the visitors a.
one of commercial diplomacy" and
said that the prime motives Of the
| trade ENJOYS were to repay the many,
visits to Mexico recently made byi
various trade organizations of this
country. and to extend to them an
invitation to attend the forthcoming,
commercial congress to be held in
Mexico City June 20 to Is.
Responding through an interpretas.
Fernando Leal Novelo. president ef,
the Confederation of Mexican Cham
bers of Commerce, an organization
| composed of fifty-four Mexican sub
chambers and four foreign bodies Of
| like nature. voiced his appreciation
OF the cordial reception extended t..
/
/! ed States. and declared that never.
before were conditions more pro-
pitious for furthering friendly trade /.
/ relations between the two countries
than at present. He stressed the
| fact that the mission carried no DO. !.
litical significance.
Only Buying Country.
Bruno Newman. an American Of sew (;
enteen years residence in Mexico, and
director in both the American and.
Mexican chambers, gave a brief re-
sumo OF the formation OF the latter
Newman declared that at present
Mexico was the only buying country
in the world; that it was the only
country on purely gold basis and
was free from exchange fiuctuations:,
but that while Mexican business men
were willing and desirous to deal with.
| the United States, the banking inter-,
ests OF America were loath to extend:
a reasonable credit
The speaker predicated an era Of:
wonderful prosperity for Mexico in
the next decade. and extended a cor.
dial invitation to moneyed Americans.
of it.
Others to make brief addresses n.
cluded DR.. L. s. Rowe. director gem,
eral OF the American Union: As.
sistant Secretary of Commerce Ed
ward F. Sweet ana Danti Cuci. presi..
dent or the Italian Chamber Of Com
merce in Mexico.
The party leaves Washington for:
Cincinnati Saturday morning. and after
visiting st. Louis and southern Tex.
as. will return to Mexico.
Members Of Mission.
Included in the delegation besides:
Messrs. Novelo, Newman and Cusi,.
Trust Company of Mexico: EdoIfe
Martinez. director OF the Confederat-
ed Chamber Of Industries; Camilo Can,
sores, director of Confederation of,
Mexican Chambers of Commerce.:
Lepoldo H. Palzuelos of the same
body; Humberto Sheridan. represent
ing Ell Universal: Bernado H. Ze-;
tina, shoe manufacturer; John B..
King. general manager of the Mex
ico- American Excursion Company. and
Other guests included franklin
Adams. counselor of the Pan-Amer-
lean Union: S. c. Meade. secretary ~f
the Merchants Association of New
York city; Newbold Noyes. Washing
ton Star, and the following oficials:
of the United States Chamber Of
Commerce; d. A Skinner. secretary;
John JOY Edison. treasurer; r. n.
Sheppard, field department.! Merle
Thorpe, editor. Nations Business, /.
ment of natural resources produce
tions; Roy G. Smith, manager de-
partment of referenda and resolu-.
tions; John Ihlder, manager civic de-
partment; ]. j. O'Connor. department
of finance; N. Sumner Myrick. coun-,
selor shipping bureau. representing.
commercial and ocean transportation;
Richard Waterman, secretary trans
portation committee: Edward H. Nc.
Cullogh, manager department fabri-
Gated productions: ]. r. Bibbins, man.,
ager transportation and accommoda-'
ton; C. ID. Snow. department foreign
commerce.; NJ. B. Trazevant, manager,
insurance department; William n,
Mackie and Ben H. Lambe.