Evening journal., 1921-04-29
COMMERCIAL INTERCOURSE THE sUREsr WAY.


TN his splendid tribute the Great Lberator Bolivar,
4 President Harding voiced the sentiment OF North
America that principle OF the Monroe Doctrine should
be maintained that these continents should not again
be resarded fields for the colonial enterprises Of Old
World powers"
The spokesman for South America who perhaps as
much as any LanAmercan statesman has expressed the
sentiments OF those peoples by asserting policies during
the Great War which may have a permanent effect on
International law, is Senor Baliasar Brum the brilliant
president Uruguay who In substance, declared, rst
hat republic hging for her sovereign rights is not
begerent and has the right Of asylum and protection
from all republics and, second that when the United
states is forced into TO protect her rights she is
projecting the rights Of all republics and all republics
become parties to the conflict.
Moreover Mr. Harding shows that ntsnationa sltrulsm
be made practical in its applicaiion-that it does
not involve surrender OF national interests.
the Great War" says he has brought to us OF the
Americas conception OF place in the world and
larger appreciation OF the opportunity which We
blessed with natural wealth. with Industrious popu-
atons every variety Of soil and cline and opportunity.
We have developed nearly a realization Of inter
dependence and conception OF somhing like economic
political and spiritual solidarity than before We
need to know each other better 10 understand institutions
and peoples and methods accurately We need "a
develop the great producing and commercial possibility
countries to encourage the larger exchanges
Of products, the most sympathetic appreciation
varied relations to another and the rest OF th
world"
In short the President In commercial intercourse
the sures way to friendly relations with the republics IA
the south. But 10 maintain those relationships task
not for government but for private enterprise and unless
that undertaken with will 10 succeed the United
States and the Lan-Americas will lose opportunity
which will again present itself to the two Americas
and which, lost to Europe Asia, will be followed
by train OF international complications which will prove
menace 10 the Monroe Doctrine itself No partnership
be perpetuated where the institutions peoples and
methods Of Of the parties ignored The govern
ment direct and encourage II should not transact
commercial business.
According to statistics compiled by the Pan-Amercar
republics increased from s23i5OOOOOO in 1910 to s5O65
100000 in i99 imports siO59OOOOOO TO si935 100000: cx
ports 81 i2s6OOOOOO s33OOoOOOO In the four years be
fore the war i9iO3 inclusive, the total trade Of hes
countries with the United States aggregated s3O53OOOOO
es93OO0OO0 exports to 6OOOOO0 purchases fror
From i9i5-is This trade toaled s66OOOOOOO; exports
s3766OOOOO0; imports. s2,39iOOOO0O
Exports to nearly doubled imports from us in
creased iO6 per cent We hold the primacy in Latin
American trade resulting from the industrial position
the United States the largest manufacturing and raw
material consuming country OF the world But we hav
many competitors who will go to any lengths resort
any propaganda, to oust from FIRST place The groun
has not been scratched this hemisphere but we mus
know each other better" primacy is to continue