Evening star., 1921-09-04
BY BEN McKELwAY.


in American capital will be
invested in Guatemala soon
II plans Of DR.. Julio Bianchi.
Guatemalan minister to the United
States. are successful. DIR. Bianchi
| returned to Washington last week
| from a trip to Guatemala. where he
| received authorization to secure
loan in this country and arranged for
! its expenditure in Guatemala. While
the economic depression in his coun-
try is still apparent. DIR. Bianchi
states. there is every reason to be-
lieve a revival of business will be ef-
fected by the improvements and de-
velopment about to be undertaken.
Several ambitious projects are plan
ned in Guatemala.
The first calls for the establishment
of a national bank. capitalized at
about $4,000, 900 and maintained on
levels of efficiency and modern busi-
| ness methods.
The second is road construction. en-
bracing a total of 1000 miles Of mod
ern macadam highways and costing
about $4,000. 600. A main highway will
run from the Mexican border through
Guatemala to the frontier of Salvador.
with a branch running off to Hondu-
ras. Another main highway will trav-
Isaba1 on the Atlantic seacoast to the
city of San Jose on the Pacific
There will be several other branches
running to important villages in the
interior and opening undeveloped
| territory. making the inland settle
cation with the sea. This work.
alone. DIR. Bianchi believes, will do
a great deal to stimulate commerce
and aid in Guatemala's economic re-
covery.
About seven million dollars will be
spent In Guatemala City Improvement
and will include the installation of a
modern water supply and sewerage
disposal system. while $4,000. 900
additional will be used in rebuilding
parts of the city destroyed by earth
quakes. Part of this sum also will be
used in putting up a modern national
hospital in Guatemala City.
DR.. Bianchi already has been in
communication with a number of New
York banking syndicates and foreign
banking houses and the replies re-
I.ceived. he states. are most encourag-
ing. He anticipates no trouble in
securing the money, and the invest
ment is of the nature recommended
by the Department Of Commerce and
other agencies interested in devel-
opment of our trade abroad.
X * &
Although his visit was confined to
business of the nature described, DIR.
Bianchi received reports from the
constitutional assembly now sitting in
Honduras, which is expected to COM
; plete the constitution of the Fedora
nf raj hax
signed by the member republics of
Guatemala, Honduras and Salvador
on the 18th of this month. when Cen
trail America celebrates her centen-
nial of freedom from Spanish rule.
There is little doubt that the fedora
tion will come into being on that date,
DR.. Bianchi states.
The union, however. will be the
oretical for the time being. DR.. BIZ
anchi states, although some steps will
be taken toward making it perma-
nent, ained>eovernment. The
| first are outlined by DR.. Bianchi as
follows:
"a Withdrawal from the world
| capitals Of the diplomatic representa-
| tives of Guatemala, Honduras and
one representative, who probably will
hold the rank of ambassador.
(2) Standardization Of all customs
| and tariffs now in force in the three
member states.
60 Abolition of passport require
ments between the three member
| states.
(4) Some provision for calling the
national assembly into session within
the next four or five years. when fur
! ther steps will be taken to strengthen
the central government.
! DR.. Bianchi believes that Nicaragua
will become a member of the fedora
| tion either on or little after the 18th
of September. The constitution will
be modified to suit her contentious.
The new articles of the constitution
have just been added and Central
American representatives in WASH
lington informed of the additions. One
provides for universal woman suf-
frage within the Central American
Federation and the other abolishes all
capital punishment.
| Reports of revolutionary activity in
Central America during the past
month have been greatly exaggerated
DR.. Bianchi states. The minister gave
two specific instances of revolution
which amounted to little more than
| ordinary street brawls. but which
were magnified by the political press