Evening star., 1921-05-22
BY BEN McKELwAY.

BY BEN McKELwAY.
III ATTN America has passed
through the worst stage Of the
economic disruption felt in
nearly every one Of the repub-
lies Of the south. and from now on
\ there is going to be a gradual i'm
provement, according to DR.. Manoel
Oliveira Lima of Brazil. who is in
Washington in connection with the
inst tallation at Catholic University Of
the library he has donated to that in
stitution. An increase in exports. q
gradual improvement in the exchange
situation. aided by loans. and the set
tlement Of the reparation question
and Germany's Remittance into the
| South American trade field are con-
tributing factors which will hasten
Latin Americas return to a normal
state of affairs. DR.. Lima believes.
| Large exports and comparatively
little importation by Latin American
| countries during the war. and the
sudden reversal of this order with
its accompanying f1uctuation in ex-
| change after the armistice. were
i causes for the existing situation in
tries today. DR.. Lima explains His
forecast for improvement is based on
\ several facts.
South American products are again
coming into demand abroad. Now
that the period of readjustment in
Europe is progressing satisfactorily
the market there for Latin American
goods is developing in proportion
South American steamers are grow
ing in number, enabling the South
l TO % hAi
products where they are most needed
to Germany. for instance, where there
is said to be a rapidly growing de-
mand.
During the war. with imports prac-
tically cut OF, Latin American coun-
tries were put on their own resources
and manufactures and new industries
were created of necessity. This is
enabling the republics to depend more
on themselves and less on foreign
markets. and will aid in tiding them
over their readjustment.
A number of loans advanced re-
Gently by American and European
banks are having their good erect
Dr. Lima states, and will contribute
toward improvement in the nnanciai
Dr. Lima is known here and abroad
as an expert on international law
and has gained wide reputation as
an author and lecturer on South
American affairs. He spent most OF
his life in the diplomatic e! service Isie r ane
many. London. Japan. Sweden. Peru
and the United States. He took
prominent part in the settlement o,
the Venezuelan boundary dispute. He
has given his library. which is con.
sidered one of the most complete. o.
university. The installation begar
in March, but will require some time
to complete. DR. Lima Is personally
supervising the work.
DR.. Lima is an advocate OF tne
things that must come eventually II
central Americas progress. although
There are many obstacles which block
81 the path to success. Should Mexico.
latitude toward the republics of Cen
trail America ever change to ont
Iof the individual states. the unioH
would come into existence almost au
dramatically.
Dr. Lima's travels have never takel
him into Mexico and he intends t
leave for that country next Novem
lber. An interest in the real situation
I in Mexico inspired by 80 many con
iflicting statements. has prompted Dr
ILima's desire to study the question.
there at first hand and he will spent
some time making his Investigations
| + + 4
Richard P. Momsen. George Wash
ington University graduate OF ths
class of 1912, accompanied by two
members of the American Chamber Of
Commerce Of Rio de Janeiro. is in thu
United States in connection with .
campaign by Americans In Brazil te
seek funds here for a. monumen,
which it is planned to present te
Brazil on the occasion Of the celebration
Of her first centenary OF independence
this summer.
| Mr.. Momsen paid q hurried visit tc
| Washington last week, and will re.
turn here from New York for more
extended stay soon.
| Stationed in Rio de Janeiro from
1918 to 1919 as consul and part OF the
| time as acting consul general. MI